Drastic and timely
Talking with reporter of Industry and Trade Newspaper, Mr. Pham Thai Binh – General Director of Trung An High-tech Agriculture Joint Stock Company (Can Tho City) – assessed: The Ministry of Industry and Trade's proposal on abolishing quota, for normal rice export back from May 1 is a very timely, drastic and appropriate action after listening to practical recommendations from businesses and localities.
“The Ministry of Industry and Trade this time has done very aggressively to remove obstacles for rice exporting enterprises. The business community appreciates these efforts. ” – Mr. Binh shared.
Specific evidence, Mr. Vu said, previously Duong Vu Company had a congestion of 500 containers of rice at the port, but thanks to the timely response of the Ministry of Industry and Trade, businesses quickly cleared all the above goods to promptly delivered to the partner.
Sharing the same view, Mr. Nguyen Quang Hoa – Director of Duong Vu Co., Ltd (Long An) – emphasized that the actions of the Ministry of Industry and Trade in the past time are very timely, supporting the businesses.
According to Mr. Le Thanh Tung – Deputy Director of Department of Crop Production (Ministry of Agriculture and Rural Development), the proposal for rice export is back to normal under the provisions of Decree No. 107/2018 / ND-CP of the Government. Covering the rice export business is the right decision.
Earlier, in the meeting on April 22 with the inspection team about rice export in Ho Chi Minh City. Ho Chi Minh City, the unit has proposed, in a new context when the Mekong Delta has finished harvesting the Winter-Spring crop and just over a month to harvest the Summer-Autumn crop, we have ensured security. Food should also have a broader perspective to harmonize production with consumption.
Create excitement for businesses to sign new contracts
It is known that since the Government decided to suspend rice export to ensure food security, rice enterprises have strictly abided by this decision and have not signed any new contracts.
According to the Vietnam Food Association (VFA), as of April 22, the amount of rice that enterprises must deliver to partners until the end of May 2020 is 1.3 million tons – the same as when VFA reported it to Ministry of Industry and Trade on March 26.
Now with the decision to return to normal export, many businesses said they would quickly negotiate new contracts with partners right from the beginning of May.
Ms. Dang Thi Lien – Director of Long An Foodstuff Co., Ltd – shared that as soon as she learned the information of normal rice export to her company, she began negotiating a new export contract with her partner.
Accordingly, a partner has placed a contract for about 1,500 tons of fragrant rice for 510 USD / ton. This price, though lower than in early April, is still higher than US $ 100 / ton compared to January and February 2020. The company is considering to sign the contract.
According to Mr. Pham Thai Binh, after clearing 3,000 tons of rice stuck in the port, in May and June, Trung An will deliver about 27,000 tons of rice under the signed contract, and negotiate more contracts. New with better prices.
According to Industry and Trade Newspaper
