Vietnam Wins 150,000 MT Export Bid

Vietnam Food Association, VFA, has revealed that the country has won a bid to export 150,000 MT of 25 percent broken rice to the Philippines at US $480 PMT.

During the first ten months of this year, Vietnam shipped 5,372,000 MT of rice, valued at $2.2 billion.

The nation signed deals to export over six million tons of rice this year. In 2008, Vietnam exported 4.65 million MT for $2.6 billion.