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Vietnam's Jan-July Rice Exports Surge 46.3 pct

Source: Reuters
24/07/2009

Hanoi, July 24 - Vietnam's January to July rice exports surged 46.3 percent from the same period last year to an estimated 4.28 million tonnes, the government said on Friday.

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The General Statistics Office estimated the seven-month rice exports would bring in $1.98 billion, or 4.4 percent more in revenue than a year earlier.

The export volume so far this year represents 85.6 percent of the government's rice shipment target for the year of 5 million tonne. Vietnam is the world's second largest rice exporter after Thailand.

Exports this year could reach a record 6 million tonnes [ID:nHAN518818]. Exporters have contracts for 5.4 million tonnes and top export firm Vinafood 2 has been in talks to sell up to 500,000 tonnes to the Philippines.



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