VN sees rice export opportunity to Egypt

Vietnamese enterprises see a chance to export 20,000 tonnes of rice to Egypt, according to the Ministry of Industry and Trade’s Import-Export Department.

The department said that it had received a tender notice from the Egyptian Ministry of Supply and Internal Trade. Under the tender notice, the minimum amount is 20,000 tonnes of rice (± 10 per cent). The type of rice required is short- and medium-grain white rice with 10-12 per cent broken rice.

The rice must be harvested in the last crop of 2018 and meet Egypt’s requirements. The volume of rice will be shipped to Egypt in two phases, from June 1-15 and from June 16-30, 2019.

The time for bidding is March 30 (before 12:00) and the offer is valid until April 30 (18:00 local time).The Import-Export Department said that this is a big opportunity for Vietnamese enterprises to boost rice export to this market. The department advised the businesses to pay attention to the quality of rice to create trust among customers.