VINAGRI News - The Vietnam Food Association (VFA) has issued an open letter calling on rice exporters and traders to work together to support farmers by maintaining stable paddy prices and export prices amid growing uncertainty in global rice markets. The association recommends buying DT8, MO18 and other rice varieties from farmers at prices of at least VND7,000 per kilogram and prioritising fragrant rice export contracts at US$500 per tonne or higher.
Summary:
> VFA urges rice businesses to buy DT8, MO18 and other paddy varieties at VND7,000/kg or more to support farmers.
> Exporters are encouraged to sign fragrant rice contracts at US$500/tonne or higher, depending on quality and market conditions.
> High input costs and falling paddy prices during the harvest season are putting pressure on Vietnamese rice farmers.
> VFA says maintaining paddy prices is important not only for the current harvest but also for protecting raw-material areas, quality and Vietnam's long-term rice export position.
Vietnam rice association urges businesses to help stabilise paddy prices
The Vietnam Food Association (VFA) has issued an open letter calling on rice businesses to work together to support paddy prices for farmers and maintain Vietnam's rice export prices amid unusual developments in the global market.
The letter, signed by VFA Chairman Do Ha Nam, noted that conflicts and instability in several regions worldwide continue to disrupt global supply chains, logistics and trade.
At the same time, many rice-importing countries are adjusting their policies toward greater protectionism, prioritising food security and tightening import controls. These developments are creating significant challenges for Vietnamese rice exporters.
According to the VFA, however, the difficulties are no longer limited to exporters and are increasingly affecting rice farmers.
Farmers are facing pressure from persistently high input costs while paddy purchasing prices tend to decline during the harvest period. Without support from the business community, farmers' incomes and livelihoods could be affected, potentially undermining the long-term sustainable development of Vietnam's rice industry.
VFA calls for paddy purchases at VND7,000/kg or more
At a VFA Executive Committee meeting on July 31, 2026, the association agreed to call on its member companies and rice-exporting traders to demonstrate greater responsibility and actively purchase paddy from farmers.
The VFA is calling on businesses to purchase varieties such as DT8 and MO18 from farmers at prices of VND7,000 per kilogram or more.
The association said this price level would help stabilise production, improve farmers' incomes and contribute to the sustainable development of Vietnam's rice sector.
The VFA also called on rice exporters and traders to prioritise transactions, sign contracts and fulfil export orders for fragrant rice at prices of US$500 per tonne or higher, while taking into account product quality and market developments.
The objective is to balance the interests of farmers, businesses and the national economy.
Mekong delta harvest adds supply pressure
VFA Chairman Do Ha Nam said the open letter comes as provinces in the Mekong Delta enter the summer-autumn rice harvest, resulting in a significant increase in available supplies.
At the same time, global import demand is expected to rise as countries strengthen food-security reserves in preparation for the potential emergence of a severe El Niño event.
Against a backdrop of continued volatility in export markets, cooperation among businesses to share the difficulties and support paddy prices is therefore more than a short-term measure for the harvest season.
According to the VFA, maintaining stable paddy prices is directly linked to the industry's ability to preserve raw-material production areas, maintain product quality and strengthen the long-term position of Vietnamese rice in international markets.
The association's appeal comes as Vietnamese rice exporters face increasing competition and changing procurement policies in major importing countries. Maintaining a viable income for farmers could become increasingly important for securing stable supplies and sustaining Vietnam's position in the global rice trade.
NPK/ Vinagri News
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