Vietnam International Political Economy

The Philippines and Vietnamese rice exporters plan to sign a Vietnam trade deal to secure 250,000 tons of rice for 2010 according to Xinhua.

According to the Vietnam Food Association, this deal adds to the already 6 million tons of rice exported in 2009 and marks a 20 year high in Vietnam exports of rice.

The price of Vietnamese white rice is expected to rise as much as 25 percent.