Business

Vietnam firms win bids to sell rice to Philippines

Vietnamese firms have won deals to supply 175,000 tonnes of rice to the Philippines at a tender on July 25, according to the Vietnam Food Association (VFA).
Vietnam firms win bids to sell rice to Philippines ảnh 1 Vietnamese firms win deals to supply 175,000 tonnes of rice to the Philippines (Source: VNA)
HCM City (VNA) – Vietnamese firms have won deals tosupply 175,000 tonnes of rice to the Philippines at a tender on July 25,according to the Vietnam Food Association (VFA).

VFA President Huynh The Nang said that the Philippines’National Food Authority held the international tender to seek suppliers for 250,000tonnes of 25 percent-broken rice under the a government-to-private contract(G2P) Procurement Scheme.

Among 20 eligible bidders, there are eight from Vietnam.However, only four of them won the bid. The Vietnam Southern Food Corporation(Vinafood2), Gia International Corporation and Tan Long Group JSC each will provide50,000 tonnes of rice, and Hiep Loi JSC will supply 25,000 tonnes.

Contracts for the remaining 75,000 tonnes went to two other foreigngroups.

The enterprises are scheduled to deliver rice to the Philippinesin August and September.-VNA

VNA
# Vietnamese firms #Vietnam Food Association #Philippines #National Food Authority #broken rice #government-to-private contract (G2P) Procurement Scheme #Vietnam #VietnamPlus #Vietnam News Philippines
Follow VietnamPlus

Related News

Vietnam, Philippines forge stronger partnership

Vietnam, Philippines forge stronger partnership

Deputy PM and Foreign Minister Pham Binh Minh and Philippine Secretary of Foreign Affairs Perfecto Yasay agreed to hasten the approval of the Vietnam-Philippines action programme for 2017-2022.
Vietnam, Philippines look to ratchet up cooperation

Vietnam, Philippines look to ratchet up cooperation

Prime Minister Nguyen Xuan Phuc and President of the Philippines Rodrigo Roa Duterte have agreed to soon conduct a meeting of the two countries’ Joint Committee to ratchet up their cooperative ties.

See more

Illustrative photo (Photo: VNA)

VinFast posts record monthly, yearly car sales

Vietnamese car maker VinFast announced that it delivered over 20,000 vehicles in December 2024, a sales record in the domestic market, raising its total last year to more than 87,000.

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of this year (Photo: VNA)

Gold prices hit new peak

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of 2025.

Vietnamese products at a supermarket in Laos. (Photo: VNA)

Vietnamese products gain market share in ASEAN countries

Vietnamese products are gaining traction and increasing their market share in the ASEAN bloc, particularly in neighbouring countries such as Cambodia and Laos, according to businesses and a report by the Ministry of Industry and Trade (MoIT).

New real estate projects in HCM City. (Photo: VNA)

HCM City’s land-related revenue surges 50% in 2024

Land-related revenue in Ho Chi Minh City has surged nearly 50% year-on-year, surpassing 25.3 trillion VND (nearly 1 billion USD) in 2024, according to data from its Department of Natural Resources and Environment.

Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay and Programme Coordinator of the ASEAN-MERCOSUR Chair. (Photo: VNA)

Uruguayan expert praises Vietnam's development pace

Vietnam is developing sustainably and is an incredibly attractive market for South American countries, particularly Uruguay, said Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay and Programme Coordinator of the ASEAN-MERCOSUR Chair.

GDP in the fourth quarter of 2024 grows by 7.55% year-on-year (Photo: VNA)

2024’s rosy socio-economic results serve as foundation to accelerate 2025 growth

The positive socio-economic results of 2024 lay a crucial foundation for Vietnam to enter 2025, when the economy is expected to accelerate and achieve the highest goals outlined in the 5-year socio-economic development plan for the 2021-2025 period, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.

A plane from Malaysia Airlines is welcomed at Da Nang International Airport. The airport has been preparing for new growth in the decades ahead. (Photo courtesy of ACV Da Nang)

Central hub’s airport looks to new growth decade

Da Nang International Airport hosted 13.4 million passengers, of which 6.2 million were international arrivals, and landed 32,400 tonnes of cargo, earning total revenue of 1.6 trillion VND (64 million USD) in 2024.

Minister of Agriculture and Rural Development Le Minh Hoan (Photo: VNA)

Agricultural sector must unlock multi-layered value: Minister

Minister of Agriculture and Rural Development Le Minh Hoan envisions the agricultural sector moving beyond food production to exploit new value domains, highlighting it must develop multi-purpose and multi-layered value to make breakthroughs in the new era – that of the nation's rise.