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This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

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PROCUREMENT MANAGER (RETAIL FASHION) - AU CHAU FASHION & COSMETICS CO., LTD

Founded in 2009, Au Chau Fashion and Cosmetic Company (ACFC) - a division of Imex Pan Pacific (IPP) Group, is the seat of some of the world's premium and most admired fashion brands. ACFC is the leader in brand management and distribution company specializing in international brands in Vietnam, a driving force of retail and distribution networks and provides full-service retail management in the country. Some our brands are Nike, Tommy Hilfiger, Diesel, Tumi, Gap, Calvin Klein, Banana Republic, Mango....

PROCUREMENT MANAGER - ABBOTT

Abbott believes in the power of health. With better health, people and communities can live better and achieve more.
- We create new solutions - in diagnostics, medical devices, nutrition and branded generic pharmaceuticals - that help people around the world, in all stages of life, live their best lives through better health.

INTERNATIONAL SOURCING MANAGER - VIETNAM, THAILAND, MALAYSIA, INDONESIA, INDIA - NIMBUS 9

Our company is a rapidly growing company based in The US and Vietnam. We are evolving into an international sourcing business with a focus on Hygiene products. Our clients are mostly US focused and conglomerates.

RICE EXPORTS ENJOY VIGOROUS GROWTH DURING EIGHT - MONTH PERIOD

2020-09-04 17:56:26

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RICE EXPORTS ENJOY VIGOROUS GROWTH DURING EIGHT - MONTH PERIOD

rice exports enjoy vigorous growth during eight-month period hinh 0

 

According to the Vietnam Food Association, the price of Vietnamese export   rice has experienced an upward trajectory in recent times, with the export price of 5% broken rice in August hitting a record high, even outstripping that of Thailand. 

 

Most notably, over the past three decades, this marks the first time that the country has surpassed Thailand in rice exports, with each tonne of 5% broken rice being priced US$20 higher than the Thai product in the world market.

 

Earlier this year, Thailand's 5% broken rice was being sold at between US$50 and US$60 per tonne higher than that the Vietnamese product.

 

Despite this, Vietnamese 5% broken rice by mid-August was being traded at between US$493 and US$ 497 per tonne, while the price of the same item from Thailand hovered between US$473 and US$477 per tonne.

 

Elsewhere, export rice prices from Pakistan and India were at US$427 and US$382 per tonne, respectively.

 

Aside from 5% broken rice, several Vietnamese rice varieties have also witnessed strong export prices, with DT8 and 5451 rice being traded at US$570 and US$550 per tonne, respectively.

 

According to local rice exporters, this increase in rice export price can be attributed to improvements made in the overall quality of Vietnamese rice.

 

Boasting market advantages, coupled with the global rising demand for rice due to the COVID-19 pandemic, there appear to be bright prospects ahead for local export businesses to increase their rice export volume and price moving forward.

 

In addition, the entry into force of the EU-Vietnam Free Trade Agreement (EVFTA) on August 1 has also served to help some major businesses increase their export price of some rice varieties in a number of demanding markets.

 

A notable example can be seen in the Trung An High-Tech Agriculture Joint Stock Company in Can Tho city which has signed a contract to ship 3,000 tonne of rice, including ST20 and jasmine rice, to three German clients.

 

Furthermore, the export price of ST20 rice and jasmine rice to the EU stands at over US$1,000 and US$600 per tonne, respectively, compared to the prices of US$800 and US$520 per tonne before the trade deal came into force.

 

According to experts, tax reductions due to the EVFTA and the bustling rice market has ultimately pushed up the rice export price in the world market.