Vietnam’s rice exports have surged by 11.7 % in the first four months of this year, generating $2.08 billion in revenue. The country’s thriving rice industry plays a critical role in its economy, with strategic location, fertile land, and superior quality leading to global recognition and trust.

Pakistan’s agricultural sector, employing 40% of the workforce and contributing significantly to the GDP, faces challenges such as low productivity, water scarcity, and limited market access. To transform the sector, investment in research and development, modern irrigation systems, and inclusive policies are suggested. International collaboration and district-level improvements are also recommended. The Prime Minister should prioritize agriculture, allocate funding, engage stakeholders, and leverage technology for sustainable growth. Source: Daily Parliament Times.

The revelation of a deepfake video targeting Aroob Jatoi, wife of YouTube sensation Ducky Bhai, has sparked outrage. Ducky Bhai addressed the issue on his YouTube channel, shedding light on deepfake technology and offering a substantial reward for leads on the culprits. Aroob Jatoi showed resilience in the face of this violation, urging others to stay vigilant.

Pakistan’s rice exports have reached an unprecedented $3 billion in the first nine months of FY24, largely due to India’s ban on rice exports. The sector has experienced an 83% growth compared to the same period last year, already surpassing the total earnings of FY23. The industry is projected to reach $4 billion by the end of FY24, with the Rice Exporters Association targeting $5 billion for FY25. Pakistani exporters have successfully explored new markets like Indonesia, contributing to the country’s foreign exchange earnings.

Pakistan and Iran aim to enhance trade relations as they discuss economy, trade, and energy. The completion of the IP Gas Pipeline and leveraging opportunities presented by CPEC can unlock immense economic potential and pave the way for a prosperous and interconnected future. Pakistani rice exporters, such as HAS Rice, and Iranian businesses should explore these opportunities for strong trade partnerships.

The rice exporter associations, in collaboration with Rice Partners Pvt. Ltd and The Lord Sarfraz Foundation, organized successful medical camps and hygiene awareness programs in Punjab for agri-families and farmers, providing free medical care, education, and essential supplies to over 1500 patients.

Việt Nam’s rice exports have experienced significant growth in Q1 2024, with volume up 17.6% and export turnover up 45.5% compared to the previous year. Efforts to facilitate exports, including trade cooperation and new FTAs, have supported stable sales and allowed expansion into new markets. However, challenges remain in diversifying export markets and facing increased competition. The Ministry of Industry and Trade has outlined strategies to address these challenges and boost exports in 2024, with a positive outlook for Việt Nam’s rice industry.

Diesel, liquefied gas, Indian sugar, and gold prices fluctuated in Kabul over the past week. However, the price of Pakistani rice has significantly increased due to factors like demand and supply chain disruptions. Reliable rice exporters like Pakistan Rice Exporters and HAS Rice Pakistan offer a variety of high-quality rice products. Stay informed on the rice market through their websites.

Exports of high-quality basmati rice from India surged during April 2023 to February 2024, driven by robust demand in West Asia. Valued at USD 5.2 billion, the exports saw a 22% rise compared to the previous year’s figures. Volume-wise, exports increased by 14% to reach 4.68 million metric tonnes. The ban on non-basmati white rice exports and minimum export price were implemented by the Indian government to ensure domestic supply and prevent illegal exports. Despite concerns, India maintained its largest markets in West Asia, Europe, and North and South America.

Pakistan’s wheat production for the current season has increased by 5.4%, reaching 29.69 million tonnes cultivated across 9.6 million hectares. Tomato and potato production also saw growth, while the Federal Committee on Agriculture outlined production targets for upcoming crops. The country aims to ensure a sustainable and secure food supply for its population.