(VOV) - Vietnam has won a new contract to export large volumes of 5 percent and 25 percent broken rice to the Philippines.
3.6 million tonnes of rice exported in six months
Mekong Delta exports 2.7 million tonnes of rice
According to the contract, the rice will be shipped from Vietnam in July and August.
The Vietnam Food Association (VFA) says that this new contract is a positive sign for Vietnam’s rice exports from this year’s summer-autumn rice crop, which is predicted to produce up to 2.9 million tonnes of rice.
As of early July, Vietnam’s rice exports have reached more than 3.4 million tonnes, earning US$1.6 billion in revenue.