Vietnam approves rice stockpiling, eyes Manila demand
date:Mar 18, 2014
eld before the end of March. Purchases by one of the world's top rice buyers could support Asian prices of the grain, with Vietnam and Thailand likely to compete aggressively for any new deal. Vietnam's 5 percent broken rice edged up to $380-$385 a tonne, free-on-board basis, on Monday from $370-$375 last week, thanks to the government's approval of the stockpiling plan and the possible purchase by the Philippines, traders said.

Several traders in Vietnam said Manila could open the tender this
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