Vietnam to export 450,000 tonnes of rice to Phillippines

by VTV News19 September 2015 Last updated at 09:48 AM

VTV.vn - According to a Manila Bulletin, Vietnam won a bid in Quezon City on September 17 to sell 450,000 tonnes of rice to the Phillippines.

The Phillippines National Food Authority concluded the bidding for the import of 750,000 tonnes of rice: 450,000 tonnes from Vietnam and 300,000 tonnes from Thailand.

Vietnam won the bid with an offer price of US$426.6/tonne. Rice exports from Vietnam to the Philippines will be split into 3 shipments, beginning from November this year until the first quarter of 2016.

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