Viet Nam continues to be in the world's top rice exporters
29/10/2025 03:37
Viet Nam plans to export 8 million tons of rice in 2025, continuing to rank second in the world.
With 7 million tons of rice exported as of mid-October 2025, expected to reach 8 million tons for the whole year, Viet Nam continues to affirm its position as the second largest rice exporter in the world , after India.
However, compared to 2024, Viet Nam's rice export output will decrease by 1 million tons. The biggest reason is that the Philippines - Viet Nam's number 1 rice import market, accounting for 40% of total exports - is still temporarily closed and it is unknown when it will reopen.
If this situation continues into the Winter-Spring crop - the main crop of our country, businesses and farmers will be under heavy pressure. Not only is the market facing difficulties, rice exporting businesses are also currently seriously lacking capital because they have not received VAT refunds.
Since the 5% temporary tax payment regulation was applied from July 1st until now, no business has received a tax refund, causing the entire industry to be "stuck" with hundreds of billions of dong.
The Viet Nam Food Association (VFA) has proposed that the Government promptly resolve the problem of value-added tax (VAT), and restore the previous policy of not declaring and calculating taxes on semi-processed agricultural products. This will help stabilize production and consumption during a period of strong market fluctuations.
Source: VTV
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