A corner of rice storage of Sông Hậu Food Company in the southern city of Cần Thơ. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The Ministry of Finance wants the Government to suspend exports of ordinary rice to ensure national reserves are full. The ministry suggested suspending exports until June 15, with sticky rice, organic rice and fragrant rice still exported as usual. The proposal was recently sent to the Ministry of Industry and Trade (MoIT), which is drafting a rice export management plan. The plan will be sent to Prime Minister Nguyễn Xuân Phúc for approval soon. The finance ministry said the suspension of ordinary rice exports aimed to ensure national food security and reserve targets in 2020 as Việt Nam was coping with the COVID-19 pandemic, which is also greatly affecting many countries over the world. The target of national rice reserve for 2020 assigned by the PM includes the purchase of 190,000 tonnes of ordinary rice and 80,000 tonnes of ordinary unhusked rice, which was expected to be complete on April 8. However, as demand for rice exports is increasing, many Vietnamese businesses, who have won contracts to supply rice for the national reserves, have extended the contract signing period or not conducted contract… Read full this story
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