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Vietnam to export one million tonnes of rice this year

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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.



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.
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