Vietnam wins rice tender in Philippines



Vietnamese firms have won a bid to sell 350,000 tons of rice to the Philippines, local newspaper Vietnam Agriculture on Wednesday quoted the Vietnam Food Association as reporting.

The commodity, including 250,000 tons of 25-percent broken rice, is due for delivery by the end of May. Earlier, Vietnamese enterprises signed contracts on shipping abroad 600,000 tons of rice, mainly to the Philippines, the Middle East and Africa, in the first quarter of this year.

Vietnam has set targets of producing 38-39 million tons of paddy rice and selling overseas 4 to 4.2 million tons of rice this year, according to the Vietnamese Ministry of Agriculture and Rural Development.

Vietnam, which exported over 5.2 million tons of rice worth nearly 1.4 billion U.S. dollars in 2005, shipped abroad 200,000 tons of the product valued at 50 million U.S. dollars in January, posting year-on-year decreases of 19.5 percent and 21.6 percent.

Source: Xinhua

Vietnam exporters win Philippines rice tender


Vietnamese rice exporters have won a bid to supply 350,000 tons of rice to the Philippines at a tender Tuesday.
With an advantage in 25 percent broken rice – the variety the Philippines called for – Vietnamese tenders won the majority of the bid, which was for a total of 400,000 tons.

The companies are to deliver the rice at the end of May.

A rice exporter was quoted as saying with the winning bid price, exporters were to ensure a profitable price rate for farmers of around VND2,500 (US16¢) per kilogram of rice.

Eight Vietnamese companies including the Vietnam Southern Food Corp. and seven rice exporters took part in the bid.

Source: Tuoi Tre – Translated by V.H

oh $hit.. we should stop reproducing like bunnies....
only 300000sq km. piece of land have difficulty feeding
80million plus people...

so much rice in a day

38-39 million ton of rice that is not bad. Almost half a ton rice pp. Say hello to our 200 million new soldiers of the great Dai Viet empire.