VNBusinessNews.com – A conference on summing-up 2009 rice exports and the task deployment of acquiring rice for the 2009-2010 winter-spring crop was held on March 2nd in Long Xuyen City by the Vietnam Food Association (VFA).According to the association’s objectives, it will export 6 million tones of rice in 2010, of which 1.2 million tones will be exported in the first quarter.Since the
VNBusinessNews.com – Asia continues to become the potential market of Vietnam’s rice exports this year, especially Malaysia and the Philippines, according to the Vietnam market analysis and forecast joint stock company.In 2009, Vietnam’s rice exports to other Asian countries accounted for 61.68 percent of the country’s rice export turnover with more than half of the Asia’s market share belonging
VNBusinessNews.com – Vietnam has won a contract to ship 90,000 tonnes of five-percent broken rice to Iraq, announced by the Northern Food Corporation on March 1.The Corporation, which was assigned by the PM as the main body for rice exports to Iraq, has negotiated and taken part in bidding for the contract.With its prestige in business, the Corp. and the Vietnam-Iraq Rice Processing Joint Venture
VNBusinessNews.com – Expected rice demand from nations hit by adverse weather could stem a forecasted fall in Vietnamese rice exports of as much as 41 percent in the first quarter of 2010, industry officials and media reports said on Friday.Traders see as much as 2.05 million tonnes of potential demand, including 800,000 tonnes for the Philippines, the world’s top rice importer.Manila would buy
VNBusinessNews.com – Businesses in the Vietnam Food Association have signed contracts to export 2.6 million tonnes of rice and the country’s rice exports are expected to increase sharply by the end of the year.The Association’s Chairman, Truong Thanh Phong, said the world’s demand for rice could rise by 6 percent compared to the previous year.The Philippines and Africa are predicted to be main
VNBusinessNews.com – Vietnam’s rice exports were at a new high last year at more than six million tons, but analysts cautioned against complacency saying the country owed the success to external factors rather than internal strengths.They said demand for Vietnamese rice surged since other major exporters like Thailand and India cut back on exports while the economic slump boosted demand for rice