Friday, 25 March 2011

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Rice stockpiling in Vietnam 45 percent complete, industry group says

  • Friday, 25 March 2011
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  • Vietnam, the world's second-largest rice exporter, has accumulated 45 percent of a targeted 1 million ton stockpile in a bid to prevent local prices from slumping at harvest time, the Vietnam Food Association said. Domestic rice prices have been supported by the initiative, as well as by expectations that the Philippines will sign import contracts, Huynh Minh Hue, general-secretary of the



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