Prime Minister Nguyen Tan Dung has directed ministries, sectors, food corporations and the Vietnam Food Association to develop support for this year’s domestic rice production and export activities.
According to the Prime Minister’s official letter No 211/TTg-KTTH, State commercial banks must meet loan requests that will help with the purchase of rice for domestic consumption and exports.
The Ministry of Finance must work with the People’s Committees in provinces and the Vietnam Food Association to set up an information system with updated information about production costs, farmer’s selling prices and export prices for rice.
“The move will help with the management of rice production and consumption to ensure the interest of farmers and to stabilise the price of rice on the domestic market,” Dung said.
The Ministry of Industry and Trade and the inter-ministerial rice export management team would instruct State food corporation to enhance transactions and sign large volume rice export contracts to effectively use the winter-spring and summer-autumn rice crops this year, he said,
They should boost trade promotion activities and development of rice export market, and keep eye on how the domestic and international rice markets develop.
Meanwhile, the VFA must intensify its efforts to seek export markets and customers for 2010 and 2011, he said. The association must work with relevant offices to deliver sufficient export products according to set schedules and to stabilise prices for services related to rice export activities.
Truong Thanh Phong, VFA chairman, said Vietnam rice exports in 2010 would face many difficulties, making it hard to forecast the final numbers.
To meet the Government’s requirement of ensuring farmers’ interest, the VFA plans to set up an investment fund this year to improve the quality of rice and guarantee income for the farmers, Phong said./.
According to the Prime Minister’s official letter No 211/TTg-KTTH, State commercial banks must meet loan requests that will help with the purchase of rice for domestic consumption and exports.
The Ministry of Finance must work with the People’s Committees in provinces and the Vietnam Food Association to set up an information system with updated information about production costs, farmer’s selling prices and export prices for rice.
“The move will help with the management of rice production and consumption to ensure the interest of farmers and to stabilise the price of rice on the domestic market,” Dung said.
The Ministry of Industry and Trade and the inter-ministerial rice export management team would instruct State food corporation to enhance transactions and sign large volume rice export contracts to effectively use the winter-spring and summer-autumn rice crops this year, he said,
They should boost trade promotion activities and development of rice export market, and keep eye on how the domestic and international rice markets develop.
Meanwhile, the VFA must intensify its efforts to seek export markets and customers for 2010 and 2011, he said. The association must work with relevant offices to deliver sufficient export products according to set schedules and to stabilise prices for services related to rice export activities.
Truong Thanh Phong, VFA chairman, said Vietnam rice exports in 2010 would face many difficulties, making it hard to forecast the final numbers.
To meet the Government’s requirement of ensuring farmers’ interest, the VFA plans to set up an investment fund this year to improve the quality of rice and guarantee income for the farmers, Phong said./.
