Forty four businesses meet rice export standards

Viet Nam had 44 companies that reached the necessary standards to obtain a licence to export rice under Decree 109 issued by the Government on the management of rice exports, said an official from the Ministry of Industry and Trade.

Phan Van Chinh, Director of the ministry's Import and Export Department, said there were 50-60 rice exporters that could potentially reach the standards to be granted a licence.

By August, the ministry had granted export licenses to 29 firms and 15 more were pending, Chinh said.

He added that the Ministry of Agriculture and Rural Development had been asked to review one of the conditions of the licence, that stipulated that the processing of rice must be carried out in one location, rather than different stages in different locations.

Businesses were also struggling to meet drying regulations outlined in the decree, he said.

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