Prime Minister Pham Minh Chinh's Directive for Stabilizing Vietnam's Rice Market
As the global situation remains unpredictable, Vietnam's rice production and export have been severely impacted. However, thanks to the proactive solutions implemented by the Government, the Prime Minister, and various ministries, the first months of 2025 have shown positive results, contributing to the growth of the agricultural sector and the economy. The Prime Minister has issued a directive to strengthen the implementation of tasks and solutions to promote production, export, and stabilize the rice market, directing the Ministers of Industry and Trade, Agriculture and Environment, Finance, and Diplomacy to take immediate action.
Key Takeaways:
- The Prime Minister has requested the Minister of Industry and Trade to diversify rice export markets, promote production, and stability, while taking advantage of market opportunities to contribute to economic growth in the last months of 2025.
- The Minister of Agriculture and Environment has been assigned to coordinate with relevant ministries and agencies to develop a specialized rice cultivation region, promote research and development of high-quality rice varieties, and create a strong Vietnamese rice brand.
- The Prime Minister has urged the Vietnam Food Association and rice traders to strictly implement the provisions of the Government's Decree No. 107/2018/ND-CP, and to continue to urge the review process of agreements to propose partners to increase quota for Vietnam.
- The Minister of Agriculture and Environment has been directed to promote digital conversion, application of scientific and technological advances, and reduce dependence on fertilizers and plant protection drugs to increase rice productivity and quality.
- The Prime Minister has requested the Ministry of Foreign Affairs to preside over and coordinate with relevant ministries and agencies to promote Vietnamese rice brands and products in countries and territories.
- The application of information technology and modern customs management methods will be strengthened to resolve administrative procedures.
Statistics:
- Vietnam's rice production and export have been negatively impacted by the unpredictable global situation.
- The first months of 2025 have shown positive results for Vietnam's rice production and export, contributing to the growth of the agricultural sector and the economy.
- Vietnam aims to diversify rice export markets, promote production, and stability while taking advantage of market opportunities.
- The Prime Minister has requested the Minister of Industry and Trade to maintain and consolidate traditional rice export markets, develop new and potential markets, and exploit niche markets with fragrant rice and high-quality rice.
Sources:
- Telegram No. 160/CD -TTg, Prime Minister Pham Minh Chinh, September 9, 2025
- Government Decree No. 107/2018/ND-CP, August 15, 2018
- Government Directive No. 01/ND-CP, January 20, 2025 (cited in the original text as "Government Directive No. 01/ND-CP")