Vietnam plans to open rice bonded warehouses in Africa: Thanh Nien

Vietnam plans to open bonded warehouses in Angola, Cameroon and Mozambique as part of measures to boost rice exports to African countries to meet an expected higher demand in 2015, according to the Industry and Trade Ministry, the Thanh Nien (Young People) newspaper reported. Vietnam's share in the African rice market dropped last year as main competitors Thailand, India and Pakistan cut their export prices significantly, the report said. ---- NOTE: Reuters has not verified this story and does not vouch for its accuracy.