Concerns increase as Vietnam's Loc Troi Group wins rice exporting bids at low prices
The bids will generate over US$55 million in profit for the group
Source: tuoitrenews.vn
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The bids will generate over US$55 million in profit for the group
Two Vietnamese rice varieties have won the 2023 World's 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.