베트남 곡물 및 시리얼 insights

(Chuncheon=Yonhap News) Reporter Yang Ji-woong = The Gangwon Special Self-Governing Province Agricultural Technology Institute held a memorandum of understanding ceremony with the National Corn Research Institute in Hanoi, Vietnam on the 22nd (local time) to improve the efficiency of corn breeding. The two institutions plan to utilize Vietnam's mild winter climate to complement the limitations of domestic single-season research and expedite the overall period of variety development. The Corn Research Institute of the Provincial Agricultural Technology Institute is a key institution in the domestic corn seed industry, contributing to the increase in farmers' income through the development and distribution of superior varieties. The National Corn Research Institute of Vietnam has a climate environment that allows seed propagation and test cultivation even in winter, making it a suitable research institution for winter generation promotion. The two institutions plan to operate a winter period generation shortening research according to the breeding roadmap, maintain a permanent consultation channel, and expand the exchange of experts between the two countries to contribute to solving current issues. Kim Dong-hoon, the director of the Agricultural Technology Institute, said, "This agreement is an opportunity to strengthen the international cooperation basis for Gangwon corn research" and "We will promote the development of new varieties that meet field needs through close cooperation with the National Corn Research Institute of Vietnam."

The price of rice today, 5/9/2025, domestically has only slightly decreased in a few rice items. Meanwhile, the export price of rice from Vietnam continues to remain stable.

Last week, due to tightened supply, Vietnamese rice export prices reached their highest level in eight months. The Vietnam Food Association stated that on August 28, the price for 5% broken fragrant rice was $455-460 per ton, marking the highest price since early January. A trader in Ho Chi Minh City said that supply was tightening while demand remained stable before the Philippines implemented a 60-day suspension on rice imports starting September 1. In the Asian rice market, Indian rice prices remained stable, while Thai rice prices fell due to excess inventory, despite stable demand in various regions.