Rice Exports Increase Sharply in May

4:51:06 PM | 6/7/2012

Vietnam’s rice exports in May reached 788,296 tonnes, a record high since January 2010, says the Import Export Department under the Ministry of Industry and Trade.
 
The figure showed an increase of 12 percent over last year’s same month. Total rice shipments in the past five months were about 2.5 million tonnes.
 
With a sharp increase in rice exports in recent months, Vietnam is expected to achieve its set target of 6.5 million tonnes by the end of 2012.
 
Although China is currently Vietnam’s largest rice importer, many businesses are planning to export rice to Ivory Coast, Ghana and Senegal.
 
VOV