Vietnamese premium rice enters Canadian market

KD Trading, a logistic company run by two Vietnamese-Canadians, has become the sole partner to distribute ST25 rice (Mr. Cua's rice) in the Canadian market.
aa
The ST25 rice is awarded the prize “World’s Best Rice” in 2019 and 2023. (Photo: VNA)
The ST25 rice is awarded the prize “World’s Best Rice” in 2019 and 2023. (Photo: VNA)

The ST25 rice was awarded the prize “World’s Best Rice” in 2019 and 2023.

KD Trading CEO Kevin Le said that to import Vietnam's ST25 rice into Canada, the company conducted a very thorough market survey and developed specific and long-term competitive strategies for ST25 rice to be accepted in the market.

Vietnamese Trade Counsellor in Canada Tran Thu Quynh said that the Trade Office highly appreciates the role of overseas Vietnamese enterprises in bringing Vietnamese rice products to the Canadian market.

She said that previously, enterprises just focused on importing rice with modest quality to Canada.

However, overseas Vietnamese have been making efforts to bring high-quality, branded rice products such as ST25 to this market.

Canada is a fairly large rice consuming market, with an import demand of about 500,000 tonnes per year. The country also has strict requirements on rice quality.

Quynh noted that it is necessary to have the coordination of all parties, including the trade office, exporters, importers and distributors to ensure quality of the imported rice.

In the first half of this year, Canada spent more than 207 million USD on importing rice, an increase of 5% over the same period in 2023.

Vietnam currently ranks in the top five rice exporters to Canada with an export turnover of about 6.5 million USD./.

en.nhandan.vn

Đọc thêm

Heineken to shift production from Singapore to Vietnam and Malaysia

Heineken to shift production from Singapore to Vietnam and Malaysia

Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Lynas secures Vietnam metal processing deal with LS Eco Energy

Lynas secures Vietnam metal processing deal with LS Eco Energy

Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development

Vietnam and EU seek to strengthen ties in transport infrastructure and urban development

Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre

Warburg Pincus eyes participation in Vietnam International Finance Centre

Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam

Novatek eyes expanded LNG cooperation in Vietnam

As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam

EU to mobilise over $1 billion for major infrastructure projects in Vietnam

The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties

NIC partners with TU Berlin to boost Vietnam innovation ties

The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary

ACB proposes $20 million non-life insurance subsidiary

Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
Xem thêm

Mới nhất Đọc nhiều