Sunday, 6/7/2015

Home

Politics

About VOV

Economy

Radio & TV

Media

Vietnamese

VOV1

The New s and Current Affairs

VOV3

The Music. Information and Entertainment

VOV2

The Cultural and Social Affairs

VOV4

Ethnic Languages Channel

Society

Culture

Sports

Travel

Photos

Your Vietnam

VOV5
VOVTV

Search

World Services

VOVGT

Hanoi

VOVTV

VOVGT

TP.HCM

RSS

Economy
Updated : 6/6/2015 5:32:32 PM

VOV World

Focus
Facebook

Tw eet

Print

Comments

Philippines buys 150,000 tonnes rice from Vietnam

The Philippines agreed to buy 150,000 tons of rice from
Vietnam in a tender on June 5 and could import additional
volumes to avert a potential spike in prices of the staple if
adverse weather threatens the local crop.
Rice products bring fat profits to investors
Rice paddy fields on the outskirts of Hanoi

Mercosur-Asean chamber of commerce

Exports to Turkey: rice down, vegetables up

inaugurated

Demand from the Philippines, one of the world's biggest rice

buyers, could support weak export prices in Asia. Thai 5%
broken white rice fell to its lowest level in a year this week at US$370 a tonne.
The Philippines' state grains procurement agency, the National Food Authority (NFA), already has government
approval to buy another 250,000 tons if drought brought on by an El Nino weather phenomenon hurts its harvest
and it has the option to import 100,000 tons not allocated in Friday's tender.
On top of that, it is ready to allow traders to bring in up to 805,000 tons more, with tariff, in the third quarter of this

MOST READ
PetroVietnam named number one company by
Forbes
AEC could spell trouble for the furniture industry
in Vietnam
Domestic consumer spending lifts Vietnams
growth

year.

Vietnam leads in renewable energy

"That is the next importation that we will open, to be formally announced possibly within this month," said Joseph

Intel to move part of production from Malaysia to

Vietnam

Dela Cruz, NFA deputy administrator for marketing operations.

Vietnam won Friday's tender by cutting its offer to US$410.12 per ton to match the buyer's ceiling price for the 25%

Travel

broken white rice variety.

Places

Entertainment

Vietjet announces

The NFA rejected Vietnam's initial offer of US$419.35 per tonne for the full volume sought of 250,000 tons and

direct routes from

Thailand's offer of US$419 per ton for 100,000 tons.

HCM City to Seoul

Both countries were given the chance to revise their bids but Thailand deemed the Philippines' reference price too
Suoi Tien amusement park

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com

Suoi Tien amusement park

low and withdrew.

Vietnam, which early this year won a 300,000 ton supply contract with the NFA, must deliver the 150,000 tons in July

Tourism sector aims for effective development

Danang among top 10 inexpensive summer holiday
ideas

in time for the lean harvest season in the Philippines.

The NFA has imported 650,000 tons of rice so far this year after purchases last year totalling around 1.7 million
tons, the biggest in four years.
With El Nino now affecting more than half of the country's 81 provinces, the government is beefing up rice stocks to

Your
Vietnam

avoid a repeat of last year's spike in retail prices following damage to supply chains by Super Typhoon Haiyan in

Why do you freaking

late 2013.

honk?

Unlike last year, however, the cost of the staple food has been falling, with wholesale and retail prices down by
4.3% this year from a year before, with supply still adequate, government data showed.
Reuters

Hoi Ans Queen of Banh Mi

TAG rice , Philippines , National Food Authority , Joseph Dela Cruz , El Nino

Snapper seduced by Vietnam

NEWS

Amateur singing on Tho Chu island

BBG's deputy general director detained (06/06)

Tinh Bien An Giang intl trade fair kicks off (06/06)

Sports

OTHERS
Lychee sales take off in the RoK (06/06)
Eurasian trade will open new page (06/06)
Bulgarian, Vietnamese businesses seek cooperation opportunities (06/06)
Study: Vietnams FDI attraction unrelated to low energy price (06/06)
Mercosur-Asean chamber of commerce inaugurated (06/06)
Forum talks effective agricultural production (05/06)
Rice products bring fat profits to investors (05/06)
Agricultural food fair a hit in Singapore (05/06)
Confidence among Vietnam-based European firms down slightly (05/06)
RoK Government urges ratification of FTA with Vietnam (05/06)

SEA Games open in

Singapore with
spectacular
ceremony
Vietnam swimmer breaks SE Asian record
Futsal team leaves for Japan
Vietnamese cyclists on a quest for gold

H Ni

H Ni
Hm
nay

28oC
Nhiu
my

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

08/06

09/06

10/06

26o/36o

27o/34o

27o/36o

PMTri
p

PMTri
p

Nhiu
my

pdfcrowd.com

my

Home

Politics

Economy

Society

Culture

Sports

Travel

Photos

Your Vietnam
58 QUAN SU STREET - HA NOI - VIET NAM
Phone: 84-4-38255319 / 84-4-39344231
Fax: 84-4-39344230

Editor-in-chief: Pham Manh Hung

Deputy Editor-in-chief: Nguyen Thuy Hoa

Email: english@vovnew s.vn

Online service permit: 1444/GP-BTTTT issued on 05/9/2011

Deputy Editor-in-chief: Nguyen Tuyet Yen

Pow ered by ePi Technologies

open in browser PRO version

Are you a developer? Try out the HTML to PDF API

pdfcrowd.com