Can Tho company to export 15,000 tonnes of rice to RoK

Source: VNA

19:23 | 18/11/2021 Import-Export Follow english.haiquanonline.com.vn on

Trung An Hi-tech Farming JSC in the Mekong Delta city of Can Tho has won a bid for 15,000 tonnes of rice from the Republic of Korea, CEO Pham Thai Binh announced on November 17.

Can Tho company to export 15,000 tonnes of rice to RoK hinh anh 1

Illustrative photo. (Source: VNA)

Trung An Hi-tech Farming JSC in the Mekong Delta city of Can Tho has won a bid for 15,000 tonnes of rice from the Republic of Korea, CEO Pham Thai Binh announced on November 17.

Under the contract, the company will export 15,000 tonnes of 100-percent broken rice at a Free-on-Board (FOB) price of 369 USD per tonne, to be delivered to the RoK’s Port of Gwangyang sometime between March and June 2022.

Since the beginning of 2021, Trung An has won contracts to ship 48,763 tonnes of rice of different types to the RoK. This year, the RoK granted a 50,000-tonne quota for rice imports from Vietnam.

In the third quarter of this year, Trung An’s revenue declined 8 percent year on year to 500 billion VND (22.08 million USD). However, its pre-tax profit surged 66 percent to 40 billion VND, the highest ever since it was listed on the Hanoi Exchange (HNX) in 2019.

The rice exporter expects to earn 3.5 trillion VND in revenue and 105 billion VND in post-tax profit in 2021./.

Source: VNA

en.vietnamplus.vn

Tags:

Related News

Public private partnership task force on rice established

20:27 | 01/04/2023 Import-Export

The Ministry of Agriculture and Rural Development announced a decision to set up the public-private partnership (PPP) task force on rice and discussed an action plan for 2023 at a recent conference held in the Mekong Delta city of Can Tho

Vietnam expected to export 7 million tonnes of rice this year: Ministry

13:35 | 30/03/2023 Import-Export

Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).

2023 set to be favourable for Vietnamese rice enterprises

14:21 | 28/03/2023 Import-Export

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

Vietnam – fourth biggest rubber supplier of RoK

15:27 | 22/03/2023 Import-Export

Vietnam was the Republic of Korea (RoK)’s fourth largest supplier of rubber in the first two months of 2023, according to the Import-Export Department under the Ministry of Industry and Trade.

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

14:01 | 06/04/2023 Import-Export

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.

Mong Cai international border gate sees strong recovery

16:15 | 05/04/2023 Import-Export

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.

Vietnam a potential market for French businesses, investors: experts

16:12 | 05/04/2023 Import-Export

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.

Import and export turnover across Cao Bang prospers but still exists difficulties

10:25 | 05/04/2023 Import-Export

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

10:24 | 05/04/2023 Import-Export

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.

HCM City’s industrial production index down 0.9% in Q1

14:47 | 04/04/2023 Import-Export

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.

Fisheries exports estimated at 1.85 billion USD in Q1

14:45 | 04/04/2023 Import-Export

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Quang Ninh aims to attract quality FDI inflows

14:43 | 04/04/2023 Import-Export

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.

Exports face many difficulties

13:29 | 04/04/2023 Import-Export

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.

Manufacturing enterprises increase their competitiveness thanks to digital transformation

13:28 | 04/04/2023 Import-Export

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.

32nd Việt Nam Expo promises to boost business linkages

14:19 | 03/04/2023 Import-Export

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.

Prevention of price risks before news that Indonesia increases rice imports in reserve

09:52 | 03/04/2023 Import-Export

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.

Japanese investors highly appreciate Vietnamese property market

17:41 | 02/04/2023 Import-Export

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.