During the first three months, the volume of rice exports reached 1.48 million tons, or $715 million, up 24% in volume and 10.5% in value year-on-year.

The US Department of Agriculture (USDA) noted the market is fond of fragrant rice from Vietnam, including the ST25, one of the world's best rice varieties.

There has been progressing in Vietnam’s rice export as it has matched the national strategy for the diversification of rice export markets.

Vietnam’s rice remains favorite in the international market despite fierce competition.

Vietnam is on track to export 7.2-7.3 million tons of rice in 2022, the second-highest export volume in the country's history.