Vietnam plans rice warehouse in RP

Posted at 03/05/2009 11:28 AM | Updated as of 03/05/2009 11:34 AM

HANOI - Vietnam's top rice exporters have sought government approval to build a rice bonded warehouse in the Philippines, the world's largest importer of the grain, a state-run newspaper reported on Thursday.

Vinafood 1 and Vinafood 2, with a combined 61 percent of Vietnam's rice exports, plan a storage facility in the Philippines to hold 1.7 million tons, the Liberation Saigon daily said.


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