A
mission of more than 40 members of the Hong Kong Rice Merchants Association on
February 28 began a five-day visit to Viet Nam seeking business opportunities
with local exporters.
After a meeting with potential business
partners on February 28 in HCM City , organised by the Sao Khue Investment and
Trade Promotion Organisation, the mission will go on fact-finding trips to rice
fields and processing plants.
For Vietnamese businesses, it is an
opportunity to find new partners and increase exports to the market.
" Vietnam has become a very important
rice exporting country for Hong Kong . In the past four years, the percentage
of Vietnamese rice imported by Hong Kong has dramatically increased from less
than 1 percent in 2007 to almost 30 per cent in 2011. Last year, almost 100,000
metric tonnes of Vietnamese rice was exported to Hong Kong, making up one third
of Hong Kong 's total imported rice, " said Kenneth Chan, chairman of the
Rice Merchants' Association of Hong Kong.
On average, Hong Kong imported 320,000 tonnes
of Vietnamese rice per year.
He said at present, Vietnam was the second
largest rice exporting country after Thailand . However, the association's
members still had limited knowledge about Vietnamese rice and the culture of
Vietnam 's rice trading, so this trip will be very useful, he added.
Vietnam expects to ship 6.5 million tonnes of
rice this year.
VIR - VNA
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