Area
Viet Nam
Commodity Group
Rice
Commodity
All
Date
28/04/2020
Policy Category
Trade
Policy Instrument
Export restrictions, export quota
Description
Agreed to rescind export quotas on rice and permit rice shipments to proceed unrestricted, as of 1 May 2020. According to the decision, rice traders would be required to strictly abide by provisions of Decree 107/2018/ND-CP and maintain the equivalent of 5 percent of the volume they shipped in the preceding six months on reserve, further to signing agreements with at least one local retailer to supply local markets when called on to do so by the Government. In addition, border surveillance would be strengthened to combat undocumented overland outflows of rice.
