China refuses Thai rice, bringing opportunities to Vietnam  According to The Thai government has been buying rice at high prices from farmers in the subsidy program over the last two years. It now needs to sell the stockpile rice for money to pay farmers. Thai farmers have threatened to organize anti-government demonstrations in many areas of However, the Chinese decision on canceling the import deal from While According to The figures released on December 20, 2013, showed that Meanwhile, Thai rice was traded at $380 per ton. Do Van Hao from the Vietnam Institute for Agriculture and Rural Development Policies has confirmed that Vietnamese rice price has exceeded Thai rice. Vo Tong Xuan, the Vietnamese leading rice expert, noted that while The information about the cancelation of the 1.2 million ton rice import contract has made Vietnamese rice exporters leap for joy. However, experts keep cautious when talking about the opportunities. “The fact that “Vietnamese rice products have different quality levels. Therefore, it is necessary to strengthen the post-harvest processing, prepare storehouses and only sell rice if it can go for good prices,” Long said. He went on to say that farmers, represented by the associations, need to cooperate with each other, and that if Vietnamese enterprises try to compete by lowering the export prices, they would suffer. It happened in the past that Vietnamese enterprises tried to scramble for clients by offering the prices lower than that offered by the rivals. As a result, The Vietnam Food Association (VFA) reportedly has instructed enterprises to build up the rice production chain in order to ensure high-quality product supplies, especially the fragrant rice with high value. In 2013, Dat Viet |
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