AreaViet Nam

Commodity GroupRice

CommodityAll

Date01/01/2013

Policy CategoryProduction

Policy InstrumentGovernment procurement

DescriptionAnnounced that member companies of the Vietnam Food Association would purchase 1.0 million tonnes of winter-spring paddy from farmers, starting 20 February 2013. Participating companies are to pay no less than Dong 5 000 per kg (USD 239 per tonne) of paddy bought and will receive credit at subsidized rates for the purpose.

NotesExchange rate as of 15 January, 2013