Vietnam has so far this year raked in more than 760 million USD
from shipment of over 1.73 million tonnes of rice, according to the
Vietnam Food Association.
Currently, the rice price
in the Mekong Delta, the country’s largest granary, continues to drop
100 VND (about 0.05 USD) a kilo compared to the last week’s figure.
Prices of dry unhusked rice in the Mekong Delta hover from 5,000 VND
(around 0.25 USD) to 5,100 VND (0.25 USD) per kilo.
According to the association, provinces of the Mekong Delta have
harvested about 10.5 million tonnes of unhusked rice from the
winter-spring crop 2013. Meanwhile, local farmers have sowed over
480,000 hectares out of 1.6 million hectares planned for the upcoming
summer-autumn crop.
To ensure stable rice production
and supply as well as profits for local farmers, the construction of a
storage system capable of storing up to 4 million tonnes of paddy rice
in the Mekong Delta is underway. The facilities are expected to be
operational by the end of this year.-VNA