Vietnam to begin rice exports to IranStaff Writer | October 7, 2017
The southern Vietnamese city of Can Tho expects to export its first batches of rice to Iran in the last quarter of 2017, deputy director of the city’s Department of Industry and Trade said.
Food trade In the last quarter of 2017
“Previously, Can Tho did not export rice to this market,” the official said.
According to Tru, if rice shipment to Iran meets favorable conditions, the city hopes that the partner will sign a longer term contract next year.
Tru said demand for rice imports has increased in many markets such as Bangladesh, the Philippines and Iran.
In the first nine months of 2017, the city’s total rice export volume reached over 638,000 tons, bringing a turnover of $262 million, up 22% and 20% year-on-year, respectively.
According to VFA, in the first nine months of the year, Vietnam exported 4.57 million tons of rice, reaping a turnover of $2.02 billion, rising by 20.8% in volume and 18.6% in value against the figures of the corresponding period last year. ■