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New rice contracts to be signed in week after Tet

Update: January, 31/2012 - 09:54

HCM CITY — Many foreign partners have come to Mekong River Delta provinces to sign rice purchasing contracts after the Tet Holiday.

A delegation of businessmen from Hong Kong signed a contract to import around 7,000-8,000 tonnes of rice with enterprises in Soc Trang Province and said they would explore the market and sign more contracts in the future.

Chairman of the Viet Nam Food Association (VFA) Truong Thanh Phong said the VFA has exported nearly 40,000 tonnes of rice to Hong Kong and expected to sign more contracts to ship rice to this market.

According to VFA, there would not be remarkable changes in Viet Nam's rice output this year and the country was expected to export 6.5-7 million tonnes of rice.

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