Demand for Vietnamese rice is expected to be stable in the third quarter of the year, said Vietnam Food Association (VFA). Thus, rice traders will not have to worry about finding consumption markets. The chairman made the statement after Vietnamese rice enterprises won contracts to supply 175,000 tonnes (MT) of rice to the Philippines through an open tender held by the country’s National Food Authority (NFA) on July 25. In the bidding for 2-per cent broken rice export to the Philippines, four Vietnamese traders totalled 175,000 tonnes in the tender at different winning prices. Specifically, Southern Food Corporation 2 (Vinafood 2) won a bid for 50,000 tonnes of rice at a Free on Board (FOB) price of US$369.45 per tonne; International Joint Stock Company won 50,000 tonnes for $357 to $367 per tonne; Tân Long Group Joint Stock Company won 50,000 tonnes of rice for $354 to $359 per tonne; and Hiệp Lợi Joint Stock Company hit 25,000 tonnes with the best price of $370.9 per tonne.