Area
Viet Nam
Commodity Group
Rice
Commodity
All
Date
19/02/2019
Policy Category
Production
Policy Instrument
Government procurement
Description
Gave approval to the General Department of State Reserves to purchase 200 000 tonnes of rice and 80 000 tonnes of paddy from the 2019 winter-spring harvest. An additional 100 000 tonnes would also be jointly purchased by the Ministry of Agriculture and Rural Development and the Ministry of Finance. The measures are aimed at sustaining producer prices, which had been weighed down by new crop arrivals and reduced export demand.
