Vietnam is the world's third-largest rice exporter, after India and Thailand.
The move is aimed at "boosting the exports of high-quality rice, ensuring domestic food security, protecting the environment and adapting to climate change," according to the government document, dated May 26 and reviewed by Reuters.
The trader said some rice farmers in the Mekong Delta are turning parts of their fields to fruit farms, growing mangoes, grapefruit, jackfruit and durian, but the vast majority remain dependent on rice. Vietnamese Prime Minister Pham Minh Chinh told Philippines President Ferdinand Marcos Jr at a regional meeting in Indonesia this month that Vietnam was willing to supply rice to the Philippines for the long term at reasonable prices.
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