Rice exports reach 2.6 million tonnes in March

Domestic rice firms have so far signed contracts to export 2.6 million tonnes of rice and have purchased approximately 200,000 tonnes for stockpiling as per gov’t directive, said Truong Thanh Phong, chairman of the Vietnam Food Association on March 21.

A food company buys rice from the Co Do State Farm in Can Tho (Photo:VNA)

By the beginning of March, businesses had signed contracts to export 555,000 tonnes of rice and are expected to sign for another 3 million tonnes by the end of this month.

China, Malaysia, Indonesia and Philippines are Vietnam’s traditional rice export markets.

From the beginning of this year, domestic rice firms have so far dispatched 800,000 tonnes of rice, and are expected to deliver a further 1.1 million tonnes in the first quarter of the year, worth an estimated US$553 million.

By D.C.P – Translated by T.Huong

Other news

Most view

PV Gas

PM Nguyen Xuan Phuc welcomes Tokyo Gas Company

Vietnamese Prime Minister Nguyen Xuan Phuc received Director of Tokyo Gas Liquid Holdings Company of Japan Mr. Michiaki Hirose at the Governmental Office yesterday. 

Banking-finance

Economy

PM desires European investors to pay attentions to VN

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday received Belgium Ambassador to Vietnam Jehanne Roccas, Ambassador and Head of the Delegation of the European Union (EU) to Vietnam Bruno Angelet, Charge D'affaires of the German embassy in Vietnam Wolfgang Manig to discuss investment promotion activities in the country.

Self - introduction

Stock market

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.