Bangladesh will import 100,000 tonnes of white rice from Vietnam under a cooperation agreement between the two governments.
Vietnam has many opportunities to promote rice exports in the second half of this year, even though India could change its rice export policy in the next few months, according to the Ministry of Industry and Trade (MoIT).
The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
Loc Troi Group (LTG) has announced that it completed the export of final batch of rice this year to Europe, including 4,170 tonnes of jasmine and white rice.
Vietnam, for the first time in decades, has signed a contract with India to buy 70,000 tonnes of 100-percent broken rice from India to meet increasing demand of this kind of rice in the domestic market for producing animal feed.