Friday, April 26,2024 - 3:59 GMT+7  Việt Nam EngLish 

Rice export to China unaffected despite ban against three traders 

 Wednesday, March 7,2018

AsemconnectVietnam - China’s suspension of rice imports from three Vietnamese traders will not affect Vietnam’s rice export to the northern neighbour in the near future, according to the Plant Protection Department under the Ministry of Agriculture and Rural Development.

China had earlier issued a ban against three Vietnamese enterprises among 22 allowed to ship rice to this country by China’s Administration of Quality Supervision, Inspection and Quarantine (AQSIQ).
The three companies reportedly include Tan Dong Tien JSC, Thuan Minh Import-Export Corporation and Intimex Group.

China made the decision as broken rice products of the three companies were mixed with a higher-than-allowed amount of weed seeds. However, defective rice shipments have been still cleared to enter the Chinese market.

Pham Thai Binh, director of Trung An Hi-Tech Agriculture JSC, said Chinese buyers as customers of the banned exporters might shift to import rice from the 19 other Vietnamese enterprises allowed to export rice to China.
Strict requirements of the Chinese market will help improve the quality of domestic rice products, Binh said.
China is a potential but risky market, so Vietnam should diversify markets such as Africa and the Middle East.

According to statistics of the Vietnam Food Association (VFA), Vietnam exported more than 2.3 million tonnes of rice to China last year, accounting for 40 percent of Vietnam’s total rice export volume and up 27.75 percent against 2016.

Over 247,000 tonnes of Vietnam’s broken rice was shipped to China last year, making up 4.29 percent of the total export rice volume and growing 41.62 percent over the previous year.
The US Department of Agriculture (USDA) last month forecast China would import 5.5 million tonnes of rice this year, 250,000 tonnes higher than the estimate in January.
Source: Intellasia.net 

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