The Prime Minister will consider the trade ministry’s proposal to abolish the quota mechanism for rice exports as from May 1 Under the current quota, businesses are only allowed to export 400,000 tonnes of rice in April to ensure national food security amid the complex nature of the ongoing novel coronavirus pandemic in the world. Making the proposal, the MoIT explained that Vietnam can still export rice while at the same time guaranteeing national food security thanks to the recent bumper winter-spring rice harvest in the Mekeng Delta – the country’s rice granary, as well as positive signs from the similar crop in the northern and north-central regions. It predicted Vietnam could export approximately 3.2 million tonnes of rice this year, including 1.3 million tonnes from May till mid-June when the summer-autumn crop harvest is in full swing. According to the ministry, the export of rice will only be conducted through international border gates by road, rail, waterway, sea and air. The General Department of Vietnam Customs reported that as of 04.00pm on April 27, businesses had exported 223,000 out of a total of 400,000 tonnes under the quota set for April.
- Rice exports: grow 27% in Jul-Feb FY18
- In a first, Pakistan to export white rice to Indonesia
- Trump Hails Revised South Korean Trade Pact, But Changes Are Few
- Matco Foods to invest IPO funds in rice glucose plant
- Pakistan’s trade imbalance with Indonesia is its own fault
- Trump Scores His First Revised Trade Deal, With South Korea
- Sindh millers to get Rs30 billion as subsidy on sugar export sanctioned
- After curbs on Iranian fruit import, Pakistan exporters fear retaliation
- Provinces oppose additional urea export, but ministry unmoved
- Gap widens: Pakistan’s trade deficit with South America continues to rise
Trade Ministry proposes lifting rice export quota have 277 words, post on english.vov.vn at April 27, 2020. This is cached page on VietMaz. If you want remove this page, please contact us.