Vietnam To Sign Deals To Export 4.6m Tons Of Rice Says Vietnam Food, Association

Vietnamese firms expect to sign contracts to export a total 600,000 tons

of rice to African countries in May, raising the country's total rice
export volume under contracts to 4.6 million tons, said Pham Van Bay,
vice chairman of the Vietnam Food Association.

In the first 20 days of May, local firms had signed deals to sell nearly
400,000 tons to Africa, for US$350 a ton of 5% broken rice, FOB, up
US$20/ton from April.

A delegation of the Vietnam Southern Food Corporation, or Vinafood 2,
has arrived in Brazil to seek opportunities to boost rice export to the
South American market.

Brazil plans to import more than one million tons of rice, giving
chances to Vietnamese rice firms as India and Thailand, two of the
world's biggest rice exporters, are unlikely to supply.

Vietnam plans to export six million tons of rice in 2010, of which 3.3
million tons will be delivered in the first half.