HANOI: Vietnam expects to sign an agreement to export 2.5 million metric tonnes of rice to the Philippines this year, state media reported on Wednesday (Jan 14).
The Philippines, which has for years been Vietnam's largest market for rice, suspended rice imports during the last four months of 2025 to support domestic production.
But it plans to import 3.6 million tonnes of rice this year, with most of the grain to be sourced from Vietnam, Voice of Vietnam radio reported, citing an official with the Embassy of Vietnam in the Philippines.
The comments came after a meeting between Philippine Agriculture Secretary Francisco Tiu Laurel and Le Phu Cuong, Commercial Counselor at the embassy.
The Philippines will implement measures to control rice import volumes this year, including tariffs, the report added. - Reuters
