# Bright outlook for Vietnamese rice exporters later this year

> Vietnamese companies have won bids to supply rice to Indonesia and the Philippines, and are bidding on a 70,000-ton Korean japonica tender with results expected May 9. The Philippines' NFA plans to import 250,000 tons under a G2G/G2P tender set for May 22, and Vietnam secured a 130,000-ton deal from an earlier government-to-government tender.

- Date: 2018-05-11 · published 2018-05-11T12:00:00.000Z
- Category: trade · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/65084-bright-outlook-for-vietnamese-rice-exporters-later-this-year
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Multiple large import tenders from Asian buyers support Vietnamese export demand and firm rough rice and Asian export quotes. Demand from the Philippines and Korea tightens near-term supply for exporters.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-07-03 | [Surging demand offers Vietnam rice exporters bright prospects](https://feedsoft.ai/events/40568-surging-demand-offers-vietnam-rice-exporters-bright-prospects.md) | +1.1% | +3.3% |
| RICE | 2023-08-01 | [Exclusive: Thai, Vietnamese exporters renegotiate 500,000 tons of rice deals](https://feedsoft.ai/events/12035-exclusive-thai-vietnamese-exporters-renegotiate-500-000-tons-of-rice-deals.md) | +2.9% | +3.9% |
| RICE | 2023-07-31 | [Vietnamese rice prices increase after India’s export ban](https://feedsoft.ai/events/35132-vietnamese-rice-prices-increase-after-india-s-export-ban.md) | +2.1% | +0.4% |
| RICE | 2022-12-06 | [Rice exports likely to reach US$3.5 billion this year \| Vietnam Trade Office in Singapore](https://feedsoft.ai/events/8182-rice-exports-likely-to-reach-us-3-5-billion-this-year-vietnam-trade-office-in.md) | -1.9% | +2.7% |
| RICE | 2023-07-31 | [Thai, Vietnamese prices hit over decade highs on India curbs rice export](https://feedsoft.ai/events/35130-thai-vietnamese-prices-hit-over-decade-highs-on-india-curbs-rice-export.md) | +2.1% | +0.4% |

## Sources

- en.cand.vn: https://en.cand.vn/bright-outlook-for-vietnamese-rice-exporters-later-this-year-post475214.html

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