
After the EVFTA took effect, Trung An Company signed a contract to export fragrant rice to the EU with FOB price (Free On Board) of US$1,080 per ton. While before the EVFTA, the highest export price that the company achieved was only US$800 per ton.
Mr. Binh said: “Vietnam’s business culture is very poor, when a market is open, enterprises will race to reduce prices to compete and dominate the market. In fact, the price of US$1,080 per tonis not high and still not commensurate with the real value. If meeting the standards, Europeans are willing to pay the price of US$3,000-4,000 per ton for Vietnamese organic rice.”
According to Mr. Binh, in the short term, Trung An has not taken into account the profit, but focuses on ensuring the standards of the European market. In the long term, it is necessary to increase the value to match the efforts of farmers and the company.

While many of Vietnamese agricultural exports have faced COVID-19 challenges, rice exports during the opening seven months …
Trung An is in talks with France about printing Trung An brand on product packaging, which has been accepted. Therefore, in the near future, Vietnamese rice will be on the shelves of European supermarkets with Vietnamese brands.
By Nguyen Hien/ Huyen Trang
- Vietnam’s rice export price highest in the world
- Vietnam to export 1,600 tonnes of rice at high price to Singapore, Malaysia
- Opportunities for Vietnamese rice
- High rice export price benefits farmers
- Vinaseed, Loc Troi, Trung An make big profits thanks to the increase in rice prices
- Vietnam hopes to export 100,000 tonnes of rice to EU
- First Vietnamese batch of rice to export to EU with zero tariff
- Rice exports enjoy vigorous growth during eight-month period
- Vietnam exports first rice batch to Europe following EVFTA
