HANOI (Commodity Online): Vietnam is planning to ship around one million tonnes of rice this year on the back of bumper harvest estimation, said a senior Vietnam Food Association (VFA) official.

More than one million tonnes of rice is set to be shipped by the year's end, bringing 2009's total shipment volume to a record six million tonnes, he added

“Based on the signed shipment contracts and forecast bumper summer-autumn crop, local firms will be able to ship an average 400,000 tonnes of rice each month until the end of 2009,” said VFA general secretary Huynh Minh Hue.

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The VFA revealed that Vietnam has so far signed deals to export 5.63 million tonnes of rice, including government-to-government and company-to-company contracts.