AsemconnectVietnam - On Wednesday, paddy and rice prices increased by 50-100 VND per kg compared to Yesterday in Vietnam's Mekong Delta region, according to Kinhtedothi.

The price of raw IR 504 Summer-Autumn rice has increased by 50 VND/kg to 10,500 - 10,750 VND/kg. Meanwhile, the price of finished IR 504 rice has increased to 12,650 - 12,800 VND/kg.
For by-products, the price of by-products of all kinds has fluctuated between 5,950 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice has remained stable at 9,500 - 9,600 VND/kg compared to yesterday; the price of dry bran has remained at 5,900 - 6,050 VND/kg.
At retail markets, rice prices have been adjusted for retail rice products. Currently, Nang Nhen rice has the highest listed price of 28,000 VND/kg; The price of common white rice increased by 500 VND/kg to 17,500 VND/kg. However, the price of regular rice continues to be fixed at 15,000 - 17,000 VND/kg, fragrant rice at 17,000 - 23,000 VND/kg. Jasmine rice is priced at 18,000 - 20,000 VND/kg; Nang Hoa rice at 21,500 VND/kg; regular rice at around 15,000 - 16,000 VND/kg; long-grain fragrant rice at 20,000 - 22,000 VND/kg; Huong Lai rice at 23,000 VND/kg; Taiwanese fragrant rice at 21,000 VND/kg; Soc regular rice at 18,500 VND/kg; Soc Thai rice at 21,000 VND/kg; Japanese rice at 22,000 VND/kg. For by-products, the prices of by-products of all kinds fluctuated between 5,900 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice is priced at 9,500 - 9,600 VND/kg; the price of dry bran at 5,900 - 6,000 VND/kg.
Updated from the Department of Agriculture and Rural Development of An Giang province, today's rice prices unchanged compared to yesterday. Of which, IR 50404 rice was at 6,900 - 7,000 VND/kg; Dai Thom 8 rice at 7,800 - 8,000 VND/kg, OM 5451 at 7,200 - 7,400 VND/kg, an increase of 100 VND/kg; OM 18 rice at 7,500 - 7,800 VND/kg; OM 380 rice fluctuated at 7,200 - 7,300 VND/kg; Japanese rice remained at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) at 20,000 VND/kg.
Recorded in localities such as Soc Trang and Dong Thap, transactions were slow and there were few buyers. In An Giang, there was a lot of bad rice, slow purchasing in warehouses, and prices decreased slightly. In Dong Thap, warehouses bought at a lower price, transactions were quiet, and there were few buyers.
Besides, the glutinous rice market did not have any adjustments compared to yesterday. Long An IR 4625 glutinous rice (dry) was stable at 9,600 - 9,800 VND/kg. Long An 3-month glutinous rice (dry) stayed at 9,800 - 10,000 VND/kg.
In the export market, Vietnam's export rice prices did not record any adjustments compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice is priced at 439 USD/ton; 5% broken rice is at 534 USD/ton; 25% broken rice is at 506 USD/ton. Known as a major rice producer worldwide, Việt Nam is making significant strides in reducing the environmental impact of this staple crop. Rice farming, which sustains millions of people, particularly in Asia, is a notable source of greenhouse gas emissions due to its unique cultivation methods.
Flooded fields create ideal conditions for bacteria to break down organic matter, primarily rice straw, which releases methane. The overuse of nitrogen-based fertilisers by farmers also contributes to nitrous oxide emissions. In the Mekong Delta, the main rice-producing region in Việt Nam, around 29 million tonnes of rice straw are produced annually, with over 80 per cent burned on the fields after harvest—a quick but emissions-heavy disposal method.
Additionally, inefficient rice drying and milling practices contribute to food loss, waste, and further emissions throughout the value chain.
To address this issue, given that Việt Nam is one of the top rice producers and exporters, and as part of its ambitious pledge to achieve net zero by 2050, the country became the first in the world to implement a large-scale high-quality, low-emission rice programme—covering one million hectares in the Mekong Delta. This initiative was approved in late 2023 and has attracted considerable attention from international partners. Aside from environmental commitments, the project also aims to enhance the brand of Việt Nam's rice industry and improve the livelihoods of local farmers. The project is divided into two phases. Phase 1 (2024-25) will focus on 200,000 hectares with appropriate production infrastructure and cooperative capacity to produce and connect with businesses, targeting high-quality, low-emission rice. Phase 2 (2026-30) will focus on investment to complete infrastructure and strengthen the system’s capacity to expand to an additional 800,000 hectares.
Highly positive outcomes
After one year of implementation, the Ministry of Agriculture and Rural Development (MARD) reported significant progress. Key legal frameworks, including technical processes for high-quality, low-emission rice production in the Mekong Delta and a national plan to measure emission reductions, have been issued. Seven pilot models have been established in five provinces and cities (Cần Thơ, Đồng Tháp, Kiên Giang, Trà Vinh, and Sóc Trăng), with four reporting highly positive results for the 2024 summer-autumn crop.These results include a 20-30 percent reduction in costs (with over 50 percent less seed usage, 30 percent less nitrogen fertiliser, 2-3 fewer pesticide applications, and 30-40 percent less water usage).Meanwhile, productivity increased by 10 per cent (6.3-6.6 tonnes/ha compared to 5.7-6 tonnes/ha in control fields), and farmers' incomes rose by 20-25 percent (an additional VND4-7.6 million/ha). Overall CO2 emissions dropped by 3-5 tonnes per hectare. Businesses contracted all the harvested output at prices VNĐ200-300/kg higher than average.
At a recent conference reviewing the pilot programme in Cần Thơ, Trần Thanh Nam, deputy agriculture minister, said that the success of the pilot models had greatly encouraged farmers and cooperatives to actively participate in the project. Based on the pilot model's implementation, the ministry had collaborated with local authorities and experts from the World Bank and the International Rice Research Institute to develop a Measurement, Reporting and Verification (MRV) system in line with international standards, providing a scientific basis for measuring emissions across the entire project area. Buoyed by the initial success, the MARD agreed with local authorities to expand the sustainable, low-emission farming models across 12 provinces in the Mekong Delta, starting with the 2024 autumn-winter and 2024-25 winter-spring crops.
T.Huong
Source: Vitic