Tuesday, September 1, 2009

Vietnam Exporting Rice In Big Quantities, But At Low Prices

Prices of Thai rice (red columns) and Vietnamese rice (black)

Though the second-biggest rice exporter in the world, Vietnam exports rice at nearly the lowest levels in the world. And it is simply because Vietnamese exporters offer to sell rice at low prices.
According to Huynh Minh Hue, Deputy Chairman of the Vietnam Food Association (VFA), Vietnam’s export rice price is always lower than the price of Thailand’s rice of the same kind. However, the noteworthy thing is thatSource: Chao-Vietnam RSS Feed

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