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.
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.
Vietnam Southern Food Corporation Limited (Vinafood 2) has been authorised to extend its equitisation deadline to January 30, 2017, according to newswire Bnews.vn.
Vietnam Southern Food Corporation Limited (Vinafood 2), one of Vietnam’s two biggest food corporations, has racked up USD47.6 million in losses.
The Vietnam Food Association (VFA) has decided that Jasmine, a type of fragrant rice, will be developed into the country’s national rice brand.
Since Vietnamese shipping firms have not made appropriate investments to develop container fleets, they have had to concede the container transport market to foreigners.
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.
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.
The Vietnam Southern Food Corporation (Vinafood 2) has won a 100,000-tonnes rice import contract from the Filipino National Food Authority (NFA), Vinafood said on June 7.