Vietnamese companies win Indonesian rice contracts | Business | Vietnam+ (VietnamPlus)

Hanoi (VNS/VNA) – In line with the 2024 plan, Indonesia was reportedly set to import approximately 3 million tonnes of rice, nearly matching the Philippines’ planned import of Vietnamese rice, which will make Indonesia one of the world’s largest rice importers and a key customer for the Vietnamese rice industry. In January, the Indonesian National Logistics Agency (Perusahaan Umum BULOG) initiated a tender to import 500,000 tonnes of rice to bolster the country’s food reserves. By January 30, BULOG completed the bidding process, with Vietnam as the winner of eight out of 17 packages, distributed among five companies. According to BULOG, three major Vietnamese companies secured two lots each, including Loc Troi Group Joint Stock Company (LTG) winning lots 8…