Vietnam to attend Philippine rice tenderVietnam will join a tender to supply 250,000 tons of rice for the Philippines, said Huynh The Nang, chairman of the Vietnam Food Association (VFA). Vietnam will join a tender to supply 250,000 tons of rice for the PhilippinesThe National Food Authority (NFA) of the Philippines last week announced a decision to call for bids for supply of 250,000 tons of 25% broken rice. At a recent conference on rice trade in Can Tho City, VFA chairman Nang said Vietnam might be selected to provide rice for the Philippines as the current rice stocks of Thailand, the major rival of Vietnam, total only 160,000 tons. In addition, Thai rice prices are higher than Vietnam’s, so chances are Vietnam can win the tender. This will be the first Philippine rice tender this year.

Source: VietNamNet News July 12, 2017 09:00 UTC