Vietnam exported nearly 5.4 million tons of rice worth over US$2.2 billion in the first nine months of the year, representing respective increases of 8.51 percent in volume and 12 percent in value.
According to the Vietnam Food Association (VFA), the average price of Vietnamese rice reached over $422 per tonne, up $16.43 per ton compared with the same period of last year.
Between July 15 and September 15, businesses bought over 972,000 tons of rice, fulfilling 97.21 percent of the target of having one million tonnes in reserve.
VFA plans to ship 1.2 million tonnes of rice in the fourth quarter of 2010, raising the total export rice volume in the year to 6.6 million tons.
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