Last updated: Monday, December 7, 2009
VnnNews – A close relationship exists between the rice price, export volume and inflation. If rice prices are overly high, farmers suffer instead of profiting
Statistics show that when the rice export volume increases, the inflation rate decreases. In 1995, Vietnam exported 1.988 million tons and the inflation rate was 12.9 percent. In...
Last updated: Tuesday, November 24, 2009
VnnNews – Vinafood 2 won a bid to export 150,000 tonnes of rice to the Philippines, which, analysts believe it will push up export rice prices.
According to Saigon Tiep Thi, Vinafood 2 won the rice exporting contract at the relatively high price of $480 per tonne – much higher than previous deals. Therefore, Agroinfo, the...
