Source: Pano feed
Đăng ký: VietNam News
(VOV) – Vietnamese businesses are unable to export 6.8 million tonnes as expected in the first seven months of the year due to the cancellation of rice shipments worth of nearly one million tonnes, according to the Vietnam Food Association (VFA).
Most of the cancelled contracts were related to Chinese traders and the rest to Philippine traders.
To prevent this happening, the VFA has recommended that businesses carefully check the content of every contract before they decide to sign, especially with Chinese traders.
Nguyen Dinh Bich, a leading expert on rice exports said China will need more imported rice than last year and cannot purchase from other suppliers which are more competitive than Vietnam.
Đăng ký: VietNam News