Philippines and Vietnam agree to establish rice industry alliance

The Philippines is the largest export market of Vietnam. - Vietnam News/ANN

HANOI (Vietnam News/ANN): Agriculture ministers of Vietnam and the Philippines have agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship to an investment partnership in the rice industry.

At a talk in Hanoi on July 9, Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan said that the Philippines is the largest rice export of Vietnam, accounting for 35-40 % of the country’s total exports.