Viet Nam removes restrictions on rice exports

18/01/2017,

The Ministry of Industry and Trade repealed rice export conditions set in 2013 under Decision 6139/QD-BCT on the planning of rice exporters. The maximum rice export licence limited to 150 traders was abolished, together with the obligation to export at least 10 000 tonnes of rice per year or 20 000 tonnes in two years, if the quota for the first year is not reached. Amendments to other regulations on rice exports in place since 2010 are also under discussion. The decision to eliminate and amend such regulations on rice exports was taken in order to increase competitiveness in the international market.

Country: Vietnam