One million tonnes of rice to be bought for reserve in early March
(VNF) - The Prime Minister has issued a decision asking the Mekong Delta to purchase and stockpile 1 million tonnes of rice from the 2014-2015 winter-spring crop
The state budget will support 100% of the interest rate for loans from commercial banks for the purchase and stockpile within 4 months until June 30th, 2015.
The duration for the purchase and stockpile will be from March 1st to April 15th, 2015.
The PM assigned the State Bank of Vietnam to collaborate with some commercial banks to offer loans for the purchase with a six-month maturity through August 31st.
The Ministry of Agriculture and Rural Development was urged to associate with the Ministry of Industry and Trade, central-governed provinces and cities in the Mekong Delta and the Vietnam Food Association to monitor the progress in accordance with regulations./.
Hoang Nguyen
Recommended
Economy
China’s property crisis leaves trail of ghost cities in Malaysia and Cambodia
Malaysia’s Forest City and Cambodia’s Sihanoukville have suffered immensely from China’s property sector crisis. From the half-finished structures of Forest City in Johor, Malaysia, to the desolate shores of Sihanoukville, Cambodia, the narrative of China's real estate giants reflects unbridled ambition and dire consequences. Both locales are now labeled as ghost cities.
May 08, 2024 | 07:00
Economy
India boosts anti-submarine warfare, successfully tests 'Supersonic Missile-Assisted Release of Torpedo' system
When China recently launched the first of eight Hangor II submarines for Pakistan at the Wuchang Shipbuilding yard in Wuhan, India moved another step forward to enhance its Navy's anti-submarine warfare capability by conducting a successful test of the Supersonic Missile-Assisted Release of Torpedo (SMART) system.
May 07, 2024 | 07:00
Make in Vietnam
Huge Potentials, Opportunities for Vietnamese Products in African Market
The 10th African Investment, and Commerce Forum facilitated hundreds of business-to-business meetings, fostering partnerships and collaboration among stakeholders seeking entry to the African market.
May 06, 2024 | 16:40