FAO/GIEWS - Foodcrops & Shortages 06/01 - VIET NAM (29 May)

VIET NAM (29 May)

The monsoon season has arrived in May in the Mekong Delta and some areas in the Central Highlands with widespread heavy rains. Harvest of the winter-spring rice crop, the largest rice crop in the northern and southern parts of the country. A larger winter-spring crop is forecast this year in the Red River and Mekong River Deltas, as a result of extensive use of high yielding hybrid rice varieties.

Planting of the summer-fall rice is progressing in the south for harvest in October. In view of weaker rice prices, cropped area has declined, and in some areas farmers have switched from summer-fall rice cultivation to other more profitable crops. To prevent prices from falling, the Government purchased about 1 million tonnes of rice from local farmers in April. Quotas imposed on exports and fertilizer imports have been recently abolished to stimulate exports and production. About 2 million tonnes, or 50 percent of this year�s export target, have been shipped to buyers in Africa, Middle East and Asia.