Egypt to import 1 million tons of rice from Vietnam The Saigon Times Daily Rice is packaged for export at Tan Tuc Food Processing Plant in HCMC’s Binh Chanh District. Egypt will import one million tons of rice from Vietnam – PHOTO: VNA HCMC – Egypt will purchase one million tons of rice from Vietnam within three to four months, news website Vietnamplus reported, citing an announcement released on August 30 by Rajab Shehata, head of the rice division of the Federation of Egyptian Industries. Egyptian news website Ahram cited Shehata as saying that the visit to Egypt this week by Vietnamese State President Tran Dai Quang had resulted in a trade cooperation agreement, including the supply of one million tons of rice. The agreement will come into force next week. The imported rice will help strengthen Egypt’s strategic rice reserve for next year, Shehata added. In an effort to ration water resources, Egypt has reduced the area allowed for rice cultivation and imposed tough penalties on farmers who cultivate rice illegally. Egyptian traders said these policies have pushed Egypt to import the large volume of rice from Vietnam. Shehata noted that the importation would be the responsibility of the Government, not the private sector. He did not mention the price of the purchased Vietnamese rice but said it would be cheaper than rice imported from China. Egypt annually consumes some 3.3 million tons of rice.