Vietnam Considering Monthly Limits on Rice Exports

Vietnam’s Ministry of Industry and Trade may propose strict limits on the amount of monthly rice exports, according to an April 1 report from CustomsNews, the mouthpiece for Vietnam Customs. The country previously temporarily suspended rice exports due to a domestic rice shortage after a global spike in rice demand due to the COVID-19 pandemic (see 2003270010). The exports would be allowed only through border gates where there is “sufficient network equipment” for the country’s customs authority to monitor the exports in “real time” to maintain domestic rice supplies.