Từ khóa: #rice consumption

Minister of Industry and Trade Nguyen Hong Dien has just signed an official dispatch proposing the Prime Minister to direct the opening of the green channel to ease congestion and difficulties for the rice market in the Mekong Delta with two options.

The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong, on August 10, sent an official dispatch requesting commercial banks to fully and timely meet capital needs and expand the credit limit granted to traders and enterprises so that they have enough capital to purchase paddy for temporary stockpiling and improve the area and quality of warehouses, preservation, and processing of paddy and rice, contributing to minimizing traffic congestion and the current paddy backlog in the Mekong Delta.

Although the growing area of rice this year decreased compared to last year, paddy prices in the Mekong Delta still plunged sharply, with some rice varieties falling by VND1,300 per kg because enterprises could not export after purchasing paddy.