In recent years, the Mekong Delta region has spared no effort to attract investment in the field of rice production. Numerous international organizations and foreign investors have also been expanding the production model.
However, to date these have only been pilot programs and have had no real global impact on rice production in Vietnam.
On a positive note, Vietnamese rice was exported to 135 nations around the globe in 2014 including the demanding markets of the US, EU, Japan, the Republic of Korea, Hong Kong and Singapore.
However, the Asian market accounts for the lion’s share, or 77%, of exports. Despite huge export volume, the quality and competitive edge of Vietnamese rice remain low, which is not appealing to foreign investors.