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China has anchored ascendancy over rice imports
Nguyen Van Don, administrator of Viet Hung Company in Tien Giang province, which has been exporting rice to China for years, is afraid about the new action about rice imports from ASEAN affiliate countries.
From January 1, 2019, rice exports to China will not alone accept to buck aerial tax which as activated on July 1, 2018, but additionally amuse a alternation of austere requirements. Product samples charge be activated by civic analysis units.
If Vietnamese exporters cannot present acknowledged documents, Chinese agencies will debris to admission certificates to consign rice to China.
Vietnamese enterprises are able of acceptable all the requirements but they accept to accomplish all the procedures aural a abbreviate time, Don said.
So, rice exporters may accept a boxy year in 2019 if exports to China get stuck.
Since July 1, 2018, China has burdened 40-50 percent on all rice articles alien from Southeast Asia, including Vietnam. Broken rice is burdened 5 percent.
Ta Quang Kien from the Ministry of Agriculture and Rural Development (MARD) has accepted that the Chinese agencies accept anchored ascendancy over rice imports.
The better affair for Vietnam is the baby calibration of agronomical production. It is difficult to restructure production, which is an obstacle to efforts to abate costs and access traceability.
However, MARD has auspiciously adjourned with Chinese agencies and acquired an acceding on dabbling the appliance of the new adjustment until mid-2019.
The better affair for Vietnam, according to Kien, is the baby calibration of agronomical production. It is difficult to restructure production, which is an obstacle to efforts to abate costs and access traceability.
According to the General Department of Customs (GDC), in 2017, Vietnam exported $8.7 billion account of acreage aftermath to China, including $1 billion account of rice. In the aboriginal 10 months of 2018, Vietnam exported 1.24 actor bags to the market, account $640 million.
Analysts acclaimed that rice exports to China accept decreased recently, but Vietnam’s rice is still in the No 1 position, amounting to 50 percent of China’s absolute rice imports.
There accept additionally been big changes in the rice articles exported to the market. While white and adhesive rice exports accept decreased, ambrosial and parboiling rice is on the rise.
In accompanying news, Vietnam’s rice cast logo was launched on the break of the Vietnam Rice Festival organised in Long An province. A civic rice cast is allotment of a cardinal affairs which aims to enhance the amount of Vietnam’s rice in the apple market.
Rice exports: acceptable account arrives, but worries still exist
Door to apple bazaar opens for Vietnam’s rice exporters
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