Rice exports

With regard to consumption and storage needs, the Ministry of Agriculture and Rural Development have forecast that the year’s domestic demand, including reserves, will hit 29.96 million tonnes of paddy. The remaining paddy for export stands at approximately 13.5 million tones, equivalent to between 6.5 million and 6.7 million tonnes of rice. … [Read more...] about Ministry proposes limiting rice exports to 400,000 tonnes per month

The leader asked the Minister of Industry and Trade to submit a report on rice export to the PM before April 5, with feedback from ministries concerned, which must ensure that domestic consumption demand will be met in any case, especially amid the adverse weather conditions and the COVID-19 pandemic. … [Read more...] about PM: rice exports must be controlled to ensure food security

The country could export 400,000 tonnes of rice each in April and May after retaining stocks of 700,000 tonnes, the Ministry of Industry and Trade said in a new report to Prime Minister Nguyen Xuan Phuc. … [Read more...] about Ministry wants rice export ban lifted

Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) has proposed resuming rice exports from April, with a volume of 400,000 tonnes, after it has compiled reports on production, domestic consumption and exports to submit to the Prime Minister. In the ministry’s report sent to the PM, it suggested exporting 800,000 tonnes of rice in April and May. In the last week of April, based on the developments of the COVID-19 pandemic and reports of relevant ministries and sectors, the Prime Minister will consider rice exports in May. The ministry has also proposed to apply monthly quota for rice exports during the COVID-19 pandemic. The report was made after the ministry received feedback from a number of enterprises about the Government’s decision to suspend rice exports on March 24. The suspension is to implement the conclusion made by Prime Minister Nguyen Xuan Phuc at a national online meeting on food security in the context of COVID-19 pandemic held in … [Read more...] about Ministry of Industry and Trade proposes resuming rice exports

According to the Viet Nam Food Association (VFA), as of March 27, VFA-member enterprises have not yet shipped a total of 1.6 million tonnes of rice under signed export contracts. Of which, they need to have delivery of 1.4 million tonnes from now until May 31, said the MoIT. Meanwhile, VFA member enterprises have a total of 1.65 million tonnes in stock, reported the Voice of Viet Nam (VOV). … [Read more...] about MoIT proposes exporting 400,000 tonnes of rice in April