Trade and markets
 

Detail

Area
Vietnam
Commodity Group
Rice
Commodity
All
Date
01/01/2013
Policy Category
Production
Policy Instrument
Government procurement
Description
Announced that member companies of the Vietnam Food Association would purchase 1.0 million tonnes of winter-spring paddy from farmers, starting 20 February 2013. Participating companies are to pay no less than Dong 5 000 per kg (USD 239 per tonne) of paddy bought and will receive credit at subsidized rates for the purpose.
Notes
Exchange rate as of 15 January, 2013