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Vietnam pockets $2b from rice export so far this year

Vietnam exported 387,186 tonnes of rice, worth $185.5 million in the first three weeks of July, pushing the total export volume to 4.3

million tonnes and a value to $2 billion so far this year, according to the Vietnam Food Association Monday.

The country's major rice importers included Asian countries, who accounted for nearly 54 per cent of the total rice exports, followed by Africa with 31 per cent and America with 12.2 per cent.

Vietnam expects to export more than seven million tons of rice in 2011, over 6.8 million tons in 2010, VFA reported.

Source : New Age