Business Beat (16-11-2009) India tipped to import Viet Nam rice by Le Hung Vong Viet Nam will be able to meet India’s reported intention to import 2 to 3 million tonnes of rice, the deputy chairman of the Viet Nam Food Association Nguyen Tho Tri has said. The statement was made after the Indian Press Trust reported on November 4 that the Government of India has a plan to import 2 million tonnes of rice from Viet Nam and Thailand because of India’s decreasing rice output due to the impact of drought and floods. Speaking in an interview with the Thoi Bao Kinh Te Sai Gon, Tri affirmed that Indian diplomats had informed him that the South Asian giant was looking to buy 3, not 2 million tonnes of rice, as previously reported. Tri said Vietnamese enterprises will be able to meet the demand, adding that the delivery date will coincide with Viet Nam’s winter-spring crop harvest in January and February 2010, when the supply will be plentiful. He explained that Viet Nam can supply more than just white rice to India, which accounts for 20-30 per cent of the total sum of 3 million tonnes. However, Tri said, India… Read full this story
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