2011-01-14

Global Snapshot: VN Rice exporters face foreign competition

(News resource: RiceOnline/ VN Net)

According to Truong Thanh Phong, Chair of the Vietnam Food Association, until now, foreign food enterprises had to set up joint ventures with Vietnamese enterprises, if they wanted to trade rice. However from this year, all enterprises, Vietnamese and foreign, will “play in a level field”, as Vietnam has to open the food market to foreign enterprises under the international commitments.

For more details of the news, please link to the webpage of RiceOnline.