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Local firms win bid to supply rice for Philippines

Local firms win bid to supply rice for Philippines

The Vietnam Northern Food Corporation (Vinafood 1) and the Vietnam Southern Food Corporation (Vinafood 2) will sell 14,000 tonnes and 15,000 tonnes of rice, respectively, to the Philippines.

Vinafood 2 to sell 2 million tons of rice to Philippines

Vinafood 2 to sell 2 million tons of rice to Philippines

VOV.VN - The Vietnam Southern Food Corporation (Vinafood 2) has signed a Memorandum of Understanding (MoU) with the AgriNurture Inc. (ANI) from the Philippines to become an exclusive supplier of two million tonnes of rice annually from 2019.

Food corporation faces huge losses

 Food corporation faces huge losses

Vietnam Southern Food Corporation Limited (Vinafood 2), one of Vietnam’s two biggest food corporations, has racked up USD47.6 million in losses.

Vietnam exports 300,000 tonnes of rice to Indonesia

Vietnam exports 300,000 tonnes of rice to Indonesia

The Southern Vietnam Food Corporation (Vinafood 2) has signed a contract with Indonesia’s Logistics Board (Bulog) to export 300,000 tonnes of 15 pct broken rice to the country, according to Saigon Giai phong (Liberated Saigon) daily.

Low-grade rice exports likely to fall this year

Low-grade rice exports likely to fall this year

Vietnam's rice exports may drop by 1 million tonnes compared to last year if the world rice market continues to shrink, according to forecasts from the Ministry of Agriculture and Rural Development.