Under the agreement that will run until 2020, Vinafood 2 will supply 500,000 tons of rice every quarter.
The Philippines has imported millions tonnes of rice every year, mainly from Indonesia, Malaysia and Vietnam.
Vinafood 2 to export 2 million tons of rice to Philippines
The Vietnam Southern Food Corporation (Vinafood 2) signed a memorandum of understanding (MoU) with the Philippines’ AgriNurture, Inc. (ANI) to export two million tonnes of rice to the Philippines annually from 2019.
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