Vietnam’s rice export competition: Situation and solution

This study analyzed Vietnam's current rice export competition. The study’s results show that the Vietnamese rice industry’s output has tended to increase in recent times. Compared to other countries in the top five largest rice exporting countries in the world, Vietnam’s rice productivity ranks second, only behind the United States. Furthermore, among the total exports of the world rice industry, Vietnam’s rice export value always ranks at a high level. However, Vietnam's rice industry still has some limitations, such as: rice price fluctuations commensurate with potential, productivity growth of Vietnam's rice industry is not high and unstable, the level of market and product diversification is low. Based on these findings, some solutions were proposed to improve Vietnam's rice export competition.