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Vietnam has become the second largest exporter of banana to China, behind only the Philippines, accounting for 28.2% of the total amount of bananas imported by the market, VOV News quoted figures of the Import-Export Department under the Ministry of Industry and Trade.
Strong rice export demand coupled with waning supplies have caused prices to surge in the market since the beginning of 2023.
India’s official ban placed on broken rice has led to a negative impact on the global rice market, resulting in the price of Vietnamese rice to increase sharply and surpass that of Thai rice, according to details given by the Vietnam Food Association (VFA).