Rice stockpiling nears national target

Enterprises and localities nationwide have fulfilled more than 71 percent of the government’s plan to purchase and stockpile one million tonnes of rice from the winter-spring crop 2014-2015, according to the Vietnam Food Association (VFA).
Enterprises and localities nationwide have fulfilled more than 71 percent of the government’s plan to purchase and stockpile one million tonnes of rice from the winter-spring crop 2014-2015, according to the Vietnam Food Association (VFA).

VFA Deputy Chairman Huynh The Nang said the work has been conducted more effectively this year thanks to the improved connection among the Mekong Delta provinces and cities.

He noted there were about ten businesses that failed to meet their purchase quota of 60,000 tonnes of rice, due to difficulties in accessing bank loans.

Official statistics show that as of March 18, the Mekong Delta region cultivated rice crops on 1.557 out of 1.565 million hectares of allotted plantation land. The region expects to harvest 940,000 hectares with a yield of 6.34 million tonnes of rice.-VNA

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