# Vietnam fragrant rice prices surge as new tax weighs on export markets

> Vietnam's fragrant 5% broken rice rose about $31/mt month over month to $500/mt FOB on August 1 after a 5% VAT on exports took effect July 1. Traders report a slow market and expect exports to slow.

- Date: 2025-08-01 · published 2025-08-01T12:00:00.000Z
- Category: policy · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/23401-vietnam-fragrant-rice-prices-surge-as-new-tax-weighs-on-export-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The export tax raises offer prices and reduces Vietnamese competitiveness, which may lower export volumes and keep Asian rice prices elevated for importers.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-05-07 | [Asian Rice Market On Edge: India's Export Restrictions Propel Global Prices](https://feedsoft.ai/events/30330-asian-rice-market-on-edge-india-s-export-restrictions-propel-global-prices.md) | +1.6% | -4.5% |
| RICE | 2023-10-30 | [How Market Dynamics Separate World and U.S. Rice Export Prices](https://feedsoft.ai/events/33695-how-market-dynamics-separate-world-and-u-s-rice-export-prices.md) | -0.0% | +6.3% |
| RICE | 2024-03-26 | [India's rice exports at risk as exporters face huge tax demand-sources](https://feedsoft.ai/events/31138-india-s-rice-exports-at-risk-as-exporters-face-huge-tax-demand-sources.md) | -5.7% | +12.6% |
| RICE | 2024-02-08 | [India’s export restrictions on rice continue to disrupt global markets, supplies, and prices \| Asia and the Pacific Food Security Portal](https://feedsoft.ai/events/31608-india-s-export-restrictions-on-rice-continue-to-disrupt-global-markets-supplies.md) | +0.7% | -5.7% |
| RICE | 2023-10-02 | [Global rice markets face stresses from El Niño, India export restrictions \| IFPRI](https://feedsoft.ai/events/33551-global-rice-markets-face-stresses-from-el-nino-india-export-restrictions-ifpri.md) | +0.8% | +1.9% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/080125-vietnam-fragrant-rice-prices-surge-as-new-tax-weighs-on-export-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.