Vietnamese businesses pledge to buy up to $3 billion worth of U.S. ag products

Vietnamese businesses have signed a slate of memoranda of understanding promising to buy up to $3 billion worth of U.S. agricultural products, the Vietnamese government announced this week -- in addition to a new agreement between its agriculture ministry and the U.S. Grains Council to cooperate on biofuels and grain. Vietnamese Agriculture Minister Do Duc Duy last week headed a delegation to meet with state agricultural officials and business in Iowa, Ohio, Maryland and Washington, DC. “Vietnamese businesses have signed...