Set up inspection team for 44 rice trading and exporting enterprises

The inspection team will inspect the rice export business of rice export traders in the Mekong Delta provinces on the situation of purchasing, importing and exporting rice for circulation reserves according to the provisions of Decree No. 107/2018/ND-CP dated August 15, 2018 of the Government on rice export business and Decree No. 01/2025/ND-CP dated January 1, 2025 of the Government amending and supplementing a number of articles of Decree No. 107.

Following the Government's direction in Notice No. 99/TB-VPCP dated March 11, 2025, the inspection team will focus on enforcing legal regulations on rice export business, strictly handling violations, and reviewing the supply-demand and price situation in the market.

The Ministry of Industry and Trade is also assigned to coordinate with relevant agencies to check for trade fraud, fraud in the origin of exported rice, as well as perfect regulations on rice export in the context of many market fluctuations.

The inspection team will work with key export enterprises, industry associations and local authorities to assess the current situation and propose solutions to stabilize the market. The inspection results will be reported to the Government before March 31, 2025.

The establishment of the inspection team is part of the Government's efforts to ensure sustainable development of the rice industry, while creating conditions for businesses to operate in a transparent and effective manner.

According to the Ministry of Industry and Trade, there are 44 enterprises subject to this inspection. The results of the inspection will be reported to the Government by the Ministry of Industry and Trade before March 31, 2025.

Traders subject to inspection are responsible for complying with the law on rice export business, ensuring transparency in buying, selling and exporting activities. Provide complete records and documents related to business activities, export contracts, and product origin as requested by the inspection team. Do not commit acts of commercial fraud, price manipulation, or circumvention of the law in rice export. Strictly comply with the State's regulatory measures, do not take advantage of the market situation to destabilize the rice industry. Closely coordinate with the inspection team, provide honest and timely information to serve the assessment and handling of violations, if any.

The Ministry of Industry and Trade also issued Document No. 253/XNK-NH dated March 21, 2025 to the Department of Industry and Trade; Department of Agriculture and Rural Development of the provinces/cities: An Giang, Can Tho, Dong Thap, Long An, Kien Giang, Tien Giang; Vietnam Food Association to coordinate in implementing the Inspection Team for rice export traders in the Mekong Delta provinces.

Source: https://baodaknong.vn/lap-doan-kiem-tra-44-doanh-nghiep-kinh-doanh-xuat-khau-lua-gao-247410.html