World

Indonesia to buy Vietnamese, Thai rice

The Indonesian government has announced its intent to purchase rice from Vietnam and Thailand through government-to-government deals and its representatives will soon begin negotiations.
Indonesia to buy Vietnamese, Thai rice ảnh 1Processing rice for export (Source: VNA)

The Indonesian government has announced its intent to purchase rice from Vietnam and Thailand through government-to-government deals and its representatives will soon begin negotiations.

Honorary President of the Thai Rice Exporters’ Association Chookiat Ophaswongse said on September 29 that Indonesia may have to import from other sources too, as Thailand and Vietnam may not be able to meet the 1.5-million-tonne demand, he said.

He added that Indonesia will need rice between November 2015 and January 2016 because its own harvest will start in March.

The 1.5 million tonnes that Indonesia needs is composed of 5 percent white rice and 15 percent broken rice, he said.

In the first nine months of this year, Thailand exported around 7 million tonnes of rice. The local Commerce Industry is confident the export target of 10 million tonnes will be achieved this year.

According to Indonesia’s Jakarta Post, the Indonesian government hopes that 47 million tonnes of rice will be produced next year, the same amount as the total rice production predicted for this year by the Central Statistics Agency (BPS).-VNA

VNA
#Indonesia #Vietnam #Thailand #rice Indonesia Thailand Vietnam
Follow VietnamPlus

Related News

Rice exports face difficulties

Rice exports face difficulties

Vietnam is encountering difficulties in exporting rice in the face of fierce competition from Thailand, India and Myanmar.

See more

nearly 4,000 Korean companies are currently operating in the 10 member countries of the Association of Southeast Asian Nations (ASEAN). (Illustrative photo: vietnamtimes.org.vn)

RoK to seek closer ties with ASEAN

The Republic of Korea (RoK) will make efforts to expand economic exchanges and cooperation with Southeast Asian countries to address anticipated changes in the global trade environment after the new US administration signaled plans to implement protectionist measures, according to its Ministry of Trade, Industry and Energy.

Former Indonesian President Joko Widodo and his successor Prabowo Subianto inspect the progress of the new capital project Nusantara on Aug. 12, 2024. (Photo: Jakarta Globe)

Indonesia approves budget for new capital’s next development phase

The Indonesian government has allocated 48.8 trillion IDR (2.99 billion USD) for the second phase of developing Nusantara, Indonesia's new capital, for the 2025-2029 period. This represents a notable decrease from the 89 trillion IDR set aside for the first phase in 2022-2024.

In the past four elections, the time between the committee’s formation and polling day has ranged from four to 11 months. (Photo: Straits Times)

Singapore prepares for general election

A committee reviewing Singapore’s electoral boundaries was established by Prime Minister Lawrence Wong, the Elections Department (ELD) said on January 22.

Head of the National Narcotics Agency of Indonesia (BNN) Marthinus Hukom (Photo: antaranews.com)

Indonesia prioritises drugs combat

Head of the National Narcotics Agency of Indonesia (BNN) Marthinus Hukom stated on January 22 that Prabowo Subianto is the first President to make drugs combat one of the country’s priority programmes, as outlined in the Asta Cita mission.

Officers measure emissions from a pickup truck at a checkpoint set up in front of Chatuchak Park on Phahon Yothin Road in Bangkok in January 2024. (Photo: Bangkokpost)

Thai cabinet approves carbon tax to curb emissions

The Thai cabinet approved a carbon tax of 200 THB (5.9 USD) per tonne of carbon emissions on January 21, as part of the country’s strategy to reduce greenhouse gas emissions, according to Deputy Finance Minister Paopoom Rojanasakul.

Illustrative image (Photo: Nation Thailand)

Thailand's births fall below 500,000 for first time in nearly 80 years

Thailand's population has declined by 100,000 in 2024 to 65.95 million, marking a historic demographic shift as annual births fell below 500,000 for the first time since 1949, despite the government's efforts to promote childbearing through the Having Children for the Nation campaign.