ORICO was established in 2013 and is a joint-venture Rice Miller/company between Vietnam Northern Food Corporation (Vinafood 1- one of the biggest rice exporters in Vietnam with the average output of 1 million tons of rice every year) and Louis Dreyfus Company (a world leading merchant and processor of agricultural goods with annual sales of 70 billion USD , and Rice - over 3 million tons/year), to aim at direct producing and rice exporting to the world market.
THE National Food Authority (NFA) said it rejected the bids of Thailand and Vietnam in the...
The Government has issued Decree No. 107/2018 / ND-CP on rice export business, which specifies conditions for rice export business.
Signs indicate that the world’s rice market is expected to change and that Vietnam will be able to sell rice at higher prices, experts say.