Can Tho to ship first rice batch to Iran hinh anh 1Uploading rice for export (Source: VNA)

Can Tho (VNA) – The Mekong Delta city of Can Tho has signed an agreement with Iran to ship 100,000 tonnes of rice to the country, said Huynh Trung Tru, Deputy Director of the Department of Industry and Trade on October 4.

According to Tru, rice import demand has surged in Bangladesh, the Philippines and Iran.

Bangladesh needs to import about 500,000 tonnes of rice, with more than half of the volume in October alone, Tru said, adding that local firms have registered with the Vietnam Food Association (VFA) to join bidding.

The city hopes to sign a longer contract with Iran next year, Tru said.

In the first nine months this year, the city shipped more than 638,000 tonnes of rice abroad, worth 262 million USD, up 22 percent in volume and nearly 20 percent in value year on year.

According to the VFA, a total of nearly 5.16 million tonnes of rice was signed to be shipped abroad up to the end of August.

The city earned more than one billion USD in export revenue, accounting for 75.8 percent of the yearly target, up 16.9 percent year on year.

The city also imported 321 million USD worth of goods, accounting for 84.5 percent of the yearly target, up 47.6 percent from the same period last year, driven by increased purchases of equipment and machines for production.-VNA