Philippines to purchase 200,000 tonnes of Vietnamese rice

(VOV) - The Philippines' National Food Authority (NFA) has decided to import 200,000 tonnes of 25% broken rice from Vietnam under a signed agreement between the two governments.

Vietnam and Thailand put in a bid of supplying 500,000 tonnes of rice to the Philippines.

Thailand won a 300,000 tonne contract due to its cheap price offer.

philippines to purchase 200,000 tonnes of vietnamese rice hinh 0

The NFA proposed Vietnam supply the remaining amount at the same price as Thailand’s.

Vietnam is scheduled to deliver the rice from October 15 to December 15, 2014.