Thai and Vietnam rice price hike plan 'impossible', says Thailand's export body


BANGKOK, May 30 (Reuters): A pact between Thailand and Vietnam to raise rice prices would be "impossible", a top Thai industry official said on Monday, amplifying opposition to a government-proposed plan for a rice cartel and questions over its viability.

Thailand's government said on Friday it planned with Vietnam to create a pact between the world's second- and third-largest rice exporters to boost their bargaining power and help mitigate rising production costs.

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Thailand , Vietnam , Rice Pact , Cartel , Unlikely , Export Body

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