ASEAN member nations urged to prioritise intra-bloc rice exports

Malaysia has urged rice exporting countries in ASEAN to prioritise intra-bloc exports amid concerns over rising prices and supply shortages, local media has reported.

ASEAN member nations urged to prioritise intra-bloc rice exports hinh anh 1

Illustrative image (Photo: VNA)

Malaysia has urged rice exporting countries in ASEAN to prioritise intra-bloc exports amid concerns over rising prices and supply shortages, local media has reported.

In a statement on October 4 on the thresholds of the 45th ASEAN Ministers on Agriculture and Forestry Meeting in Kuala Lumpur, Malaysian Deputy Minister of Agriculture and Food Security Chan Foong Hin, called on ASEAN’s main rice-supplying nations to prioritise exports to countries in the region.

Hin also emphasised the importance of sustainable agriculture and forestry for the livelihoods of millions of people in ASEAN countries.

Countries are facing threats from climate change, overfishing, unsustainable agriculture and food waste, he stressed.

Hin called on ASEAN countries to protect this sector, ensure people's livelihoods and income, and manage limited resources responsibly.

According the official, Malaysia aims to strengthen links with external partners, saying that an intra-group unity, and minimising the negative impacts of external shocks are factors that help ensure the region's stability and prosperity./.

Source: VNA
en.vietnamplus.vn

Related News

Elevating the core values of the national brand

Elevating the core values of the national brand

VCN - Vietnam is consistently recognized as one of the most dynamic and open economies in the world, becoming the fourth-largest economy in ASEAN and the 40th globally. However, in the context of a competitive economy, the issue of branding remains a weakness for Vietnamese enterprises.
Vietnam Customs actively promotes cooperation activities

Vietnam Customs actively promotes cooperation activities

VCN – In the first quarter of 2024, international cooperation and integration activities were actively implemented and planned by Vietnam Customs. Notably, Vietnam Customs has urgently completed plans for the 33rd meeting of the ASEAN Directors-General of Customs in June in Phu Quoc (Kien Giang province).
Vietnam Customs with outstanding results in ASEAN cooperation

Vietnam Customs with outstanding results in ASEAN cooperation

VCN - Along with the integration trend, Vietnam Customs is always an active member in implementing regional customs cooperation initiative programs regarding international cooperation on customs within the Association of Southeast Asian Nations (ASEAN) community.
28th AFMM, 11th AFMGM gain great success

28th AFMM, 11th AFMGM gain great success

VCN - In the framework of ASEAN 2024 Financial Cooperation, the 28th ASEAN Finance Ministers' Meeting, the 11th ASEAN Finance Ministers' and Central Bank Governors’ Meetings and related conferences were held in Luang Prabang, Laos from April 4-5. Minister of Finance Ho Duc Phoc led the delegation of the Ministry of Finance of Vietnam to attend the meetings.

Latest News

Opportunity for exporting to Thailand market

Opportunity for exporting to Thailand market

VCN - Thailand and Vietnam strive to achieve the goal of US$25 billion in bilateral trade by 2025.
Enterprises want clearer regulations on seafood production

Enterprises want clearer regulations on seafood production

There is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply.
Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Forum seeks to increase PPP investment effectiveness

Forum seeks to increase PPP investment effectiveness

Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.

More News

Linking businesses with cooperatives to increase the value chain

Linking businesses with cooperatives to increase the value chain

VCN - The issue of linking the value chain between domestic production units still has many "bottlenecks" that need to be resolved. In particular, solving the "problem" of linking businesses with cooperatives will help improve efficiency as well as meet the requirements of collective economic development.
Vietnam has a trade deficit of over US$17 billion with China

Vietnam has a trade deficit of over US$17 billion with China

VCN – In the first quarter 2024, Vietnam-China trade reached US$43.6 billion. The country had a large trade deficit.
Tra fish export to UAE jumps 67% in Q1

Tra fish export to UAE jumps 67% in Q1

Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Pepper prices continue increase trend

Pepper prices continue increase trend

Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European business community.
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial park successfully or not mainly depends on businesses, entrepreneurs - industrial park investors.
Read More

Your care

Latest Most read
Opportunity for exporting to Thailand market

Opportunity for exporting to Thailand market

VCN - Thailand and Vietnam strive to achieve the goal of US$25 billion in bilateral trade by 2025.
Enterprises want clearer regulations on seafood production

Enterprises want clearer regulations on seafood production

There is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply.
Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Forum seeks to increase PPP investment effectiveness

Forum seeks to increase PPP investment effectiveness

Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Linking businesses with cooperatives to increase the value chain

Linking businesses with cooperatives to increase the value chain

VCN - According to experts, in value chain links, agricultural cooperatives both play a role in promoting links between farmer households through collective economic activities to organize production and promote vertical linkages with businesses along the
Mobile Version