Troi Group News Today

The bids will generate over US$55 million in profit for the group

Two Vietnamese rice varieties have won the 2023 Worlds Best Rice Contest.

In 2030, Vietnam is forecast to generate 120 million tonnes of carbon emissions, of which rice cultivation accounts for half of the emissions.

On November 2, Loc Troi Group JSC announced the signing of a Letter of Intent for a $90-million credit package with the Dutch Entrepreneurial Development Bank.

The Dutch Entrepreneurial Development Bank is planning a credit package to Loc Troi.

Loc Troi Group, a leading agricultural services and food corporation in Vietnam, has secured new export contracts to fulfil until this November, says CEO Nguyen Duy Thuan.

As Vietnam faces uncertain headwinds, many companies in the agricultural sector have been hit by higher interest rates, Vietnam News reported on May 15.

Vietnams agri sector hit by higher interest rates, weakening Dong currency-

Vietnamese 5% broken rice, which usually costs less than its Thai peers in export markets, raced past them in October to reach record levels. - VnExpress International

Vietnams food businesses will likely have more opportunities to increase exports thanks to high world demand while leading agricultural-producing countries tend to curb exports.