 Farmers harvest rice at a paddy field in China’s cessation of importing Vietnamese rice across the border does not affect the Southeast Asian country’s rice exporting activities very much, experts asserted Monday, three days after exporters confirmed cross-border rice shipments were rejected. The Vietnamese rice sector had been concerned about reports that China would prohibit rice imports via the border with Vietnam starting early August, and the reported ban actually took effect late last week. Nguyen Cong Khanh, a trader who sells rice via the border to Cross-border trading is a legal international economic activity between people of two neighboring states. The products usually are traded in small volumes and values, and require less paperwork than the official trading activities. “ Little effect After ceasing imports from Vietnam, China is sourcing rice from Cambodia, a move Dr. Nguyen Duc Thanh, director of the Vietnam Center for Economic and Policy Research, said shows that the ban has been well planned. But Dr. Le Van Banh, head of the Mekong Delta Rice Research Institute, said that the impact of the cross-border import ban is inconsiderable. “ Vo Hung Dung, director of the Vietnam Commerce and Industry Chamber branch in the Mekong Delta city of Can Tho, concurred with Dr. Banh, saying Vietnam’s rice trading activities are unfazed by China’s cessation of imports. “Even when Dung reiterated that “So we don’t need to worry about where to export our rice from now till the end of this year,” he said. Dr. Banh of the Mekong Delta Rice Research Institute noted that Vietnamese rice firms must consider getting rid of the cross-border business with Export price in August slightly dropped to $450 a metric ton, but the rate is still much higher than in the last three years, the association said. Tuoi Tre news |
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