Vietnam to export 187,000 tonnes of rice to Philippines
Vietnam has won a bid to provide 187,000 tonnes of rice for the
Philippines in 2013, according to the Vietnamese Trade Mission at the
Philippines’ National Food Authority.
Vietnam has won a bid to provide 187,000 tonnes of rice for the
Philippines in 2013, according to the Vietnamese Trade Mission at the
Philippines’ National Food Authority.
The Philippines awarded the supply to the Southern Food Corporation (Vinafood II) with a price offer of 459.75 USD per tonne, lower than that of Thailand.
The rice stock under the tender is long grain white rice with 10 percent and 25 percent brokens. The volume will be delivered to the Philippines in the next few weeks.
Chairman of the Vietnam Food Association (VFA) Truong Thanh Phong said that the VFA targets 1.5 million tonnes of rice exports in May and June.
In the first four months, the country’s rice export surpassed 2.1 million tonnes, up 23.4 percent over the same period last year.
However, prices dropped by nearly 30 USD per tonne during the reviewed period, due to low demand. The decline in rice prices also led to the cancellation of a number of contracts with a total volume of 280,000 tonnes in the mentioned time.-VNA
The Philippines awarded the supply to the Southern Food Corporation (Vinafood II) with a price offer of 459.75 USD per tonne, lower than that of Thailand.
The rice stock under the tender is long grain white rice with 10 percent and 25 percent brokens. The volume will be delivered to the Philippines in the next few weeks.
Chairman of the Vietnam Food Association (VFA) Truong Thanh Phong said that the VFA targets 1.5 million tonnes of rice exports in May and June.
In the first four months, the country’s rice export surpassed 2.1 million tonnes, up 23.4 percent over the same period last year.
However, prices dropped by nearly 30 USD per tonne during the reviewed period, due to low demand. The decline in rice prices also led to the cancellation of a number of contracts with a total volume of 280,000 tonnes in the mentioned time.-VNA
You should also see
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
See more
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
