In early August this year, the EU-Vietnam Free Trade Agreement (EVFTA) officially took effect. This is a door that opens up many opportunities for Vietnamese enterprises to export to the EU market. Accordingly, Vietnam’s rice products will be exempt from export tariffs to the EU, of which, 80,000 tons of rice will enjoy tax incentives. In the Mekong Delta, Trung An Company in Can Tho City is one of the exporters in the fragrant and high-quality rice segment to fastidious markets. The EVFTA is a rare opportunity for Vietnamese rice exporters. In the past many years, the company has associated with farmers to cultivate around 7,000 hectares of rice or around 150,000 tons of rice under safe procedures, meeting choosy markets, said Mr. Pham Thai Binh, Director of Trung An Company. This year, the company will strive to reach an export of 80,000 tons of high-quality fragrant rice. The current export price of fragrant rice of Trung An is the dream of many enterprises when reaching an average price of US$700-$900 per ton, of which, the price of rice exported to Germany, France, Switzerland, and the US is the highest, up to $1,500 per ton. Currently, the paddy prices in… Read full this story
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