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.
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