Vietnamese rice accounts for over 80 per cent of the Philippines’ total rice imports.
Five separate agreements to foster bilateral relations are inked at the Singapore-China Economic Partnership Conference
In line with the 2024 plan, Indonesia was reportedly set to import approximately 3 million tonnes of rice, nearly matching the Philippines' planned import of Vietnamese rice, which will make Indonesia one of the world's largest rice importers and a key customer for the Vietnamese rice industry.
Vietnam won a bid to export over 400,000 metric tons of rice to Indonesia, which was expected to slow down the current rice export price decline, Nguyen Duy Thuan, general director of local rice supplier Loc Troi Group, said on Saturday.
The Philippines is seen treading the right path with “terrific opportunities” ahead that make it eligible again to access grants that could help boost economic growth, a ranking US aid official said.
Cambodia’s economy is projected to have grown by 5.3 per cent last year, fuelled by a resurgence in tourism and strong performance in non-garment exports, according to the International Monetary Fund’s (IMF) executive board, which recently concluded the Article IV consultation with the country.
Vietnamese and Philippine businesses were told to take advantage of opportunities to rev up cooperation in each other’s markets, during their meeting with Vietnamese Prime Minister Pham Minh Chinh and visiting Philippine President Ferdinand Marcos Jr. in Hanoi on January 30.
The Association of Southeast Asian Nations (ASEAN) granted Peru the Development Partner status at the meeting of foreign ministers held in Luang Prabang, Laos, the Peruvian Ministry of Foreign Affairs reported on January 29.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
