AreaViet Nam

Commodity GroupRice

CommodityAll

Date19/02/2019

Policy CategoryProduction

Policy InstrumentGovernment procurement

DescriptionGave 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.