Tuesday 23 October 2018
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1 months ago

ANI, VINAFOOD ink $1-B annual rice import deal

Listed AgriNurture, Inc. (ANI) has signed an exclusive deal with Vietnam Southern Food Corporation -- VINAFOOD II, to import two million metric tons of rice to the Philippines starting this year valued close to US$1-billion. In a Memorandum of Agreement signed by ANI President and CEO Antonio Tiu and VINAFOOD General Director Nguyen Ngoc Nam over the weekend, Vietnam s largest grains exporter agreed to exclusively supply long grain rice to ANI to help address supply issues in the Philippines. VINAFOOD II i

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