Vinafood 2 to export 2 million tons of rice to Philippines
The Vietnam Southern Food Corporation (Vinafood 2) signed a memorandum of understanding (MoU) with the Philippines’ AgriNurture, Inc. (ANI) to export two million tonnes of rice to the Philippines annually from 2019.
Under the agreement that will run until 2020, Vinafood 2 will supply 500,000 tons of rice every quarter.
The Philippines has imported millions tonnes of rice every year, mainly from Indonesia, Malaysia and Vietnam.
The national carrier Vietnam Airlines and local budget carrier Jetstar Pacific Airlines have been awarded the highest 7-star safety ranking from the world's only safety and product rating agency AirlineRatings.com.
The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.
The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.