VIETNAM RICE-PADDY INDUSTRY

Rice is the main source of food for over 50% of the world’s population, providing 21% of energy and 15% of protein for humans. Asia is the area with the highest rice consumption volume accounting for 90% of the world consumption production. In the first 2 months of 2019, the world rice price generally witnessed a slight increase compared to the end of 2018; however, it was lower than the beginning of 2017. It is forecasted that the rice price will rise dramatically in 2019 and remain high cost over the next 4 years, marking the increasing cycle of rice price all over the world.

Rice is not only the main food crop but the main source of income for millions of households in rural area of Vietnam as well. In general, agricultural production in 2018 attained quite good results. The weather was convenient for plants to grow and develop, especially for rice. Up to Q1/2019, the amount of rice planted nationwide increased by 0.8% compared to the same period of the previous year. In which, Northern areas were equivalent to 99.6% of the same period of the previous year, Southern areas were equivalent to 101.4% of the previous year.

Currently, Vietnam ranks fifth in the rice consumption volume. In which, food for humans accounts for 68% of the total volume, 25% of the total volume is used for animal feed industry, 7% is used for other purposes such as the demand for rice in the industrial-scale food processing industry, especially for beer and wine industry.

Regardless exporting, up to Q1/2019, the volume of exported rice decreased by 5.2% in volume and 17.9% in value compared to the same period of 2018. China always maintained the biggest rice consumption market of Vietnam, accounting for 22% of the total volume in 2018 and the total export turnover nationwide. However, in Q1/2019, the amount of rice exported to China decreased sharply, accounting for only 3.1% of Vietnam’s rice export structure in the first 3 months of 2019.

Abbreviations
Summary
1. Business Environment
1.1 Macroeconomic Situation
1.2 Legal Framework
2. Global rice-paddy market
2.1 Production
2.2 Consumption
3. Vietnam rice-paddy market
3.1 History of establishment and development
3.2 Industry value chain
3.3 Rice-paddy cultivation
3.4 Rice production
3.5 Rice consumption
3.6 Rice trade
3.7 Price movements
4. Industry overview
4.1 Analysis of competitiveness
4.2 Industry planning
5. Enterprise analysis
5.1 Introduction of enterprises
5.2 Enterprises analysis

VINAFOOD II
VINAFOOD I
TAN THANH AN COMPANY LIMITED
Kigimex
TAN DONG TIEN JSC
GIA INTERNATIONAL CORP
TIN THUONG INVESTMENT TRADING JSC
THUAN MINH IMPORT EXPORT CORPORATION
AGRICAM
VIETNAM INTIMEX JOINT STOCK CORPORATION

List of figures
Figure 1: GDP growth by quarter, 2016 – 2019
Figure 2: GDP structure at current prices, Q1/2019
Figure 3: VND/USD exchange rate, 1/2013-3/2019
Figure 4: Average interest rate, 2012- 3T/2019
Figure 5: Proportion value of rice-paddy industry contributing to Vietnam exports, 2010 – Q1/2019
Figure 6: Commodity imports and exports, 2016-Q1/2019
Figure 7: The structure of rice production output by regions, 2018/19f
Figure 8: Global rice-paddy production, 2008/09 – 2018/19f
Figure 9: The structure of rice production output by countries, 2018/19f
Figure 10: Rice consumption in the period from 1960/61 to 2018/19e
Figure 11: Rice consumption by regions in the season 2018/2019e
Figure 12: Rice consumption by using purposes, 2012/13 – 2018/19e
Figure 13: Top 10 largest rice consumers in the season 2017/18 – 2018/19e
Figure 14: Rice consumption per capita in the regions, 2006 – 2027f
Figure 15: Incomes and rice consumption per capita of some countries in 2018
Figure 16: Rice-paddy area and output, 1961 – 2018
Figure 17: Structure of domestic rice distribution market in 2016
Figure 18: Rice-paddy area and output in the 3 seasons of the period from 2010 to Q1/2019
Figure 19: Rice-paddy cultivated area by regions, 2010 -9M/2018
Figure 20: Fertilizer application for rice cultivation averaged over 1ha, 2010 – 2016e
Figure 21: Vietnam rice production, 2010/11 – 2019/20f
Figure 22: Vietnam rice consumption, 2010/11 – 2019/20
Figure 23: The structure of rice consumption by volume, 2017e
Figure 24: Export volume and value of rice, 2010 – 2019f
Figure 25: The structure of rice export by volume, Q1/2019
Figure 26:The structure of rice export by products, 2018e
Figure 27: Rice proportion exported under concentrated export contract, 2007 – 9M/2018
Figure 28: Comparison of the asking price for exported rice between Thailand and Vietnam in 2018
Figure 29: Comparison of the asking price for exporting to some countries, 2014 – 2018
Figure 30: Net revenue of 10 enterprises in the industry, 2016 – 2017
Figure 31: Gross profit margin, 2016 – 2017
Figure 32: Selling expense/Net revenue, 2016 – 2017
Figure 33: General and administrative expense/Net revenue, 2016 – 2017
Figure 34: Financial expenses/net revenue, 2016 – 2017
Figure 35: Days of sales outstanding, 2016 – 2017
Figure 36: Solvency ratio, 2017
Figure 37:Days’ sales in inventory, 201
Figure 38: Asset structure and total assets turnover in 2017
Figure 39: Debt structure and debt/equity ratio 2017
Figure 40: Return on assets and equity, 2017

List of tables
Table 1: Limit of agricultural land allocation due to Land Law 2013
Table 2: Main rice-paddy cultivated seasons in Vietnam
Table 3: The ranking table of leading exporters in 2017 and 2018 by volume
Table 4: Comparison of the asking price for exported rice between Thailand and Vietnam in Q1/2019
Table 5: Domestic price for rice in Q1/2019
Table 6: TOP OF THE LARGEST RICE-PADDY ENTERPRISES WITH THE GREATEST REVENUE IN 2017