# Vietnam vows to raise rice value

> Vietnam's rice export turnover rose 13 percent in the first five months of the year compared with the same period last year, with an average export price of $485 per ton. Officials said Vietnam will gradually cut export volume and raise export value by focusing on higher-quality varieties and branding.

- Date: 2020-07-22 · published 2020-07-22T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/52177-vietnam-vows-to-raise-rice-value
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Vietnam's shift toward premium varieties and lower volumes could tighten supply of low-end rice and support export prices, though the report describes a long-term strategy rather than an immediate supply shock.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-05-08 | [The price of Vietnamese rice has risen sharply, while the Philippines is seeking to limit imports.](https://feedsoft.ai/events/10156-the-price-of-vietnamese-rice-has-risen-sharply-while-the-philippines-is-seeking.md) | +6.4% | +6.3% |
| RICE | 2019-11-05 | [The rice cartel](https://feedsoft.ai/events/56136-the-rice-cartel.md) | +1.7% | +6.5% |
| RICE | 2025-02-11 | [India introduces new HS code to allow exports of GI-recognized rice varieties.](https://feedsoft.ai/events/26012-india-introduces-new-hs-code-to-allow-exports-of-gi-recognized-rice-varieties.md) | +0.6% | -1.3% |
| RICE | 2019-07-17 | [Government to set SRPs for imported, local rice](https://feedsoft.ai/events/58171-government-to-set-srps-for-imported-local-rice.md) | +1.6% | -2.8% |
| RICE | 2018-09-10 | [Rice prices to stabilize in November: Piñol \| ABS-CBN](https://feedsoft.ai/events/63117-rice-prices-to-stabilize-in-november-pinol-abs-cbn.md) | -1.7% | -0.2% |

## Sources

- vietnamnet.vn: https://vietnamnet.vn/en/vietnam-vows-to-raise-rice-value-659683.html

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