Rice packs are loaded for export at the Hau Giang Food Joint Stock Company (Source: VNA) Hanoi (VNA) - Vietnamese private rice exporters willbe allowed to participate in the bidding for the supply contract of 250,000tonnes of rice to Philippines on July 25.
The announcement was made by the Vietnam Food Association (VFA)while raising concerns over strict regulations for the participants.
The announcement was made by the Vietnam Food Association (VFA)while raising concerns over strict regulations for the participants.
According to the VFA, it is the first time thatthe Philippines’ National Food Authority (NFA) will open bidding forprivate suppliers from participating countries, instead of limiting the biddersto government counterparts.
In previous years, NFA’s auctions for rice were done through agovernment-to-government importation regime, where state-run suppliers from Vietnam, Thailand and Cambodia wereinvited to participate.
However, requirements for private enterprises to be invited inthe bidding are quite strict and Vietnamese rice exporters do not have muchexperience in executing procedures for the bidding, VFA said.
Those satisfying the requirements would be allowed to bid andtake full responsibility of the shipment. The Vietnamese Government’s Decree109/2010/ND-CP on rice trading and the Ministry of Industry and Trade’sCircular 44 on guiding the implementation of the decree will not be applied inthese cases.
The total volume of 25 percent broken long grain well-milledwhite rice is expected to arrive between August and September as requested bythe NFA.
The imported volume is divided to eight lots - six lots with25,000 tonnes each and two lots with 50,000 tonnes each.
Prospective bidders may bid for any of the lots, provided thatthe bid must be the minimum or maximum of the imported rice allocated per lot,but the maximum quantity to be awarded per supplier must not be higher than50,000 tonnes.
Statistics from the Ministry of Agriculture and RuralDevelopment revealed that Philippines was the second largest importer ofVietnamese rice in the first five months of the year with 8.6 percent of themarket share.
Rice export to the market in the period reached 237,400 tonnesin volume and 90.4 million USD in value, representing a year-on-year increaseof 23.4 percent and 10.4 percent, respectively.-VNA
In previous years, NFA’s auctions for rice were done through agovernment-to-government importation regime, where state-run suppliers from Vietnam, Thailand and Cambodia wereinvited to participate.
However, requirements for private enterprises to be invited inthe bidding are quite strict and Vietnamese rice exporters do not have muchexperience in executing procedures for the bidding, VFA said.
Those satisfying the requirements would be allowed to bid andtake full responsibility of the shipment. The Vietnamese Government’s Decree109/2010/ND-CP on rice trading and the Ministry of Industry and Trade’sCircular 44 on guiding the implementation of the decree will not be applied inthese cases.
The total volume of 25 percent broken long grain well-milledwhite rice is expected to arrive between August and September as requested bythe NFA.
The imported volume is divided to eight lots - six lots with25,000 tonnes each and two lots with 50,000 tonnes each.
Prospective bidders may bid for any of the lots, provided thatthe bid must be the minimum or maximum of the imported rice allocated per lot,but the maximum quantity to be awarded per supplier must not be higher than50,000 tonnes.
Statistics from the Ministry of Agriculture and RuralDevelopment revealed that Philippines was the second largest importer ofVietnamese rice in the first five months of the year with 8.6 percent of themarket share.
Rice export to the market in the period reached 237,400 tonnesin volume and 90.4 million USD in value, representing a year-on-year increaseof 23.4 percent and 10.4 percent, respectively.-VNA
VNA
