HA NOI (VNS) — The National Food Authority (NFA) of the Philippines approved the import of 200,000 tonnes of rice from Viet Nam via a government-to-government (G2G) deal.
Viet Nam and Thailand vied to supply 500,000 tonnes of 25-percent broken rice to the Philippines.
Thai suppliers offered the best price for 300,000 tonnes, so the NFA Auction Board announced it would buy the amount from Thailand and invited Viet Nam to supply the remaining 200,000 tonnes at the same price.
The rice is scheduled to be delivered between October 15 and December 15. — VNS