Opportunity for Vietnam to export rice to Sri Lanka

Vietnam has an opportunity to export rice to Sri Lanka (Photo VNA)

Hanoi (VNA) – The Ministry of Industry and Commerce of Sri Lanka has launched an international tender to purchase 200,000 tonnes of rice, providing an excellent opportunity for Vietnamese rice exporters.

According to the Foreign Trade Department under the Vietnam’s Ministry of Industry and Trade, the deadline for submission of bids is 2:00 pm (Sri Lanka time) or 3:30 pm (Vietnam time) on October 31.

The tender prices will be calculated according to the free on board (FOB) or cost, insurance and freight (CIF) prices, the department said, adding that 50 percent of rice must be delivered before November 30 and the remaining before December 31.

A bid security of two million Sri Lankan Rupees (approximately 13,000 USD) or 0.1 percent of the total cost of the tender and an one- kilogram sample pack in each rice variety need to be submitted