New decree removes barriers for rice exporters
According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.
The change comes thanks to a new Decree 107/2018/NĐ-CP, that will replace the Decree 109/2010/NĐ-CP aiming to remove difficulties and legal barriers for rice businesses to expand into foreign markets. It will come into effect on October 1 this year.