Thailand's rice committee on November 7 announced a new loan scheme worth 514 million USD to help rice growers struggling with record falling prices in the past decade.
Thailand’s military has deployed soldiers to seek cooperation from all rice mills nationwide, requesting them to buy grains from farmers at a “reasonable” price in an effort to prevent the rice plunge
The Thai Government’s committee for rice policy and management said on October 31 that it will offer a loan of 35.8 billion THB (1.02 billion USD) to jasmine rice farmers struggling with falling rice,
The rice output of the winter-spring rice crop fell significantly due to drought and salination, but with an additional 200,000ha to be planted in the Mekong Delta, there will be enough rice exports.
Vietnam has abundant human resources in agriculture, but has not
utilised them properly, Nguyen Van Bo, director of the Vietnam Academy
of Agricultural Sciences, told Nong thon Ngay nay (Countryside Today)
newspaper.
The Thai Ministry of Commerce was set to auction over 500,000 tonnes of
pledged rice on March 10 in a bid to secure funds to pay back farmers
in the rice-pledging scheme.
Thai jasmine and organic jasmine rice will be on sale to tourists at
airports around the country in this month as part of a government plan
to promote the famed Thai rice around the world.
Vietnam has sufficient supplies to export 7.3 million tonnes of rice
in 2012, officials said at a recent meeting held in the Cuu Long
(Mekong) Delta province of Dong Thap.
Thai rice exports to ASEAN are facing more challenges, as relatively
higher prices and tariff cuts under the ASEAN Free Trade Area or AFTA
make Thai rice less appealing to regional buyers.
World
XIII National Congress of Communist Party of Vietnam
