Viet Nam’s rice exports are projected to reach at least 8 million tonnes in 2025, positioning the country as the world’s second-largest exporter for the first time, according to Do Ha Nam, Chairman of the Viet Nam Food Association (VFA).

Viet Nam’s rice industry is facing a steep drop in export prices, even as shipment volumes climb, underscoring the challenges of a volatile global grain market.

The export prices of Vietnamese rice are standing at the highest levels in the world, according to the Vietnam Food Association .