Farmers take losses in tilling riceVietNamNet Bridge - Policies supporting rice growers remains ineffective as the production cost remains high. The rice production cost remains highThe Ministry of Finance (MOF) estimates that the production cost of the 2018 summer-autumn rice crop in Mekong Delta is VND3,261-4,985 per kilogram. Also according to MOF, in many provinces, the rice production costs are higher than VND4,000 per kilogram. Other farmers receive support, but they tend to use land for cultivating other crops and fruits which promise higher profits. Chin thinks that Vietnam needs to encourage farmers to export safe high-quality products, because people are getting richer, and have become choosier in selecting rice products to buy.

Source: VietNamNet News August 20, 2018 05:48 UTC