Vietnam may take top rice exporter title from Thailand
Vietnam may snatch the title of world's top rice exporter from Thailand this year, saying it aims to match last year's record shipments of 7.2 million tonnes helped by strong demand

Vietnam may snatch the title of world's top rice exporter from Thailand this year, saying it aims to match last year's record shipments of 7.2 million tonnes helped by strong demand
Viet Nam did very well in rice exports this year, but next year is going to be a tough one with unpredictable changes in the world market and stiff competition from cheap rice sources in India, Pakistan and Myanmar, the Viet Nam Food Association (VFA) said.
Viet Nam has signed a contract to export 300,000 tonnes of 15 per cent broken rice to Indonesia to be shipped between December 2011 and February 2012.
The exponential growth recorded by Viet Nam in rice exports over the last two decades augurs well for nation's food security as well as that of the world, experts said at a conference yesterday.
The price of rice will rise to 700 USD per tonne next year even though India has returned to the market, according to the CEO of The Rice Trader, a leading trade publication and analyst of the global rice industry.
The price of rice will rise to US$700 per tonne next year even though India has returned to the market, according to the CEO of The Rice Trader, a leading trade publication and analyst of the global rice industry.
Thailand's worst floods in half a century have inundated farms and mills, squeezing rice supplies from the world's top exporter, while rival Vietnam is expected to default on half a million tonnes as prices of the staple climb
Vice Chairman of the Viet Nam Food Association (VFA) Pham Van Bay has denied a rumour that the Indonesian National Logistics Agency(Bulog) had signed a contract to import an additional 700,000 tonnes of rice from Viet Nam.
Viet Nam hoped to export more than 1.1 million tones of rice in the last quarter of the year, taking full year exports to 7 million tonnes, the Viet Nam Food Association (VFA) said.
Viet Nam aims to export 6 million tonnes of rice annually during the next four years, the Viet Nam Food Association told a meeting held in southern Can Tho City yesterday.
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