Philippines purchases additional 200 tonnes of Vietnamese rice
Friday, 12:43, 27/06/2014
(VOV) - Vietnam has clinched a deal for the sale of 200 tonnes of rice to the Philippines to increase the National Food Authority’s stockpile of emergency rice reserves, official sources report.
Presidential assistant Francis Pangilinan noted the decision was made following a working session on June 26 between Philippine President Benigno Aquino and cabinet officials, discussing increasing prices of essential commodities, including rice.
The Philippine Government reportedly plans to import a cumulative 800,000 tonnes of rice to add to the national stockpile.