AreaViet Nam

Commodity GroupRice

CommodityAll

Date13/04/2015

Policy CategoryProduction

Policy InstrumentProduction support/Land conservation

DescriptionRevised provisions put in place in 2012 to avert the conversion of paddies to other purposes. Effective 1 July 2015, the measures foresees the extension of Dong 500 000-1.0 million (USD 20-40) per hectare per year to support rice cultivation, up from the Dong 100 000-500 000 (USD 4-20) per hectare previously allotted, with the sum to be disbursed on top of existing state support for paddy cultivation. A separate Dong 10 million (USD 400) per hectare is to be allotted on a one-time basis to support land reclamation, with further provisions including assistance for the development of infrastructure, research and the provision of technical support.

NotesExchange rate as of 15 September 2015.