At a meeting on rice production in Can Tho City on March 10, HuynhThe Nang, general director of the Southern Food Corporation, reportedthat 128 traders joining the stockpiling programme have purchased 79,360tonnes of rice, far behind the pace of harvest.
Nang blamed the slow purchase on the fact that small trading businesseshave faced a lot of barriers in getting loans from banks.
He said until now no specific solution has been in sight for the problem.
He recommended that local authorities should get involved more tohelp remove obstacles and accelerate the pace of the programme, whichaims at maintaining rice price at profitable level for farmers duringthe harvest season.
Dao Anh Dung, vice chairmanof Can Tho city’s People’s Committee, added that another difficulty forthe programme is a lack of drying facilities.
Healso said many local canals have filled up, hindering the movement ofboats, a common means of transporting goods in the region.-VNA