Truong Thanh Phong, its chairman, said that in November alone, the number of new orders had increased 11% over the same period last year. So far, the country has signed contracts to export 8m tonnes of rice, up 10% year-on-year.
In the first 11 months of this year, Vietnam exported over 7m tonnes of rice at an average price of US$445.56 per tonne, pocketing nearly US$3.2bn, said VFA.
Compared to the same period last year, the country's rice export volume increased over 5.5%, while export price was down by an average of US$43.3 per tonne.
During the period, the amount of high-quality rice export accounted for over 3.3m tonnes, up 78% year-on-year, according to VFA.
The increase in quantity of high-quality rice greatly contributed to raising the average export price and purchasing price, benefiting farmers to the tune of over 30%, Phong said.
In 2011, Vietnam exported over 7.1m tonnes of rice.