LTG

Philippines' record rice imports and strong global demand, coupled with domestic supply constraints, have led to a sharp increase in Vietnamese rice prices and export volumes in Q1/2026, with Vietnam remaining the largest supplier to the Philippines.

The Vietnamese government has extended the suspension of Decree 46, a controversial food safety regulation, beyond its April 15th deadline. This decision is a significant relief for businesses, preventing potential disruptions in agricultural trade and production caused by the decree's impractical requirements.