Vietnam, Thailand share rice information

Vietnamese and Thai officials and experts have shared the latest information on rice production and export situation in their countries as well as the world food prices.
At their annual meeting in Chiang Mai, Thailand, on September 16, the two sides discussed the prospect of including cooperation in the rice issue into the regional cooperation programme towards the building the Asean Economic Community (AEC) in 2015.

Representatives of the Vietnam Food Association (VinaFood) and the Thai Rice Exporters Association (TREA) also signed a memorandum of understanding on information exchange in the related field.

The annual meeting between VinaFood and TREA took place when the Thai new government plans to apply again the policy to buy rice from local farmers at high prices.

Thailand and Vietnam are two biggest rice exporters in the world, controlling around half of the rice volume traded in the international market.

Thailand plans to export more than 10 million tonnes of rice this year and the figure may reduce to 8 million tonnes in 2012 due to impacts of the new policy.

Tags: Vietnam rice, Vietnam rice exports, Vietnam rice exports 2011

Posted by VBN on Sep 19 2011. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry