The proposed amendments to Decree 107 concerning rice exports include several novel provisions.

DNHN - The Ministry of Industry and Trade hopes to improve its ability to manage and supervise rice export activities while establishing equitable conditions for industry-related businesses.

The Ministry of Industry and Trade is reviewing and amending Decree No. 107/2018/ND-CP of the Government dated 15 August 2018 on the rice export business to enhance this regulation's effectiveness and efficiency.

In its five years of implementation, Decree 107 has produced some encouraging results, according to the Ministry of Industry and Trade. From 2019 to the present, the export price of Vietnamese rice has remained stable, and at times, the price of 5% of broken rice has been the highest in the world, surpassing Thailand and India. The 5% broken rice price in Vietnam as of April 22, 2023 ranges between $483 and $487 per tonne, an increase of 13.1% compared to the same period in 2022). Vietnamese rice has been successfully exported to 156 countries and territories, diversified, and restructured to increase the proportion of high-quality products and products with high added value. penetrate numerous premium rice markets. Additionally, organic rice products and rice fortified with micronutrients have entered international markets gradually.

However, in the process of implementing Decree 107/2018/ND-CP, several issues have arisen that require consideration and amendment. The absence of strong sanctions for violations of the reporting regime is an important issue. Current regulations require traders to submit quarterly and annual reports on the signing and performance of rice export contracts, as well as inventory levels. However, there have been numerous instances in which exporters have not strictly adhered to their reporting obligations, including failure to report, incomplete reporting, and failure to report periodically. This has significantly complicated the management of rice exports.

To overcome this situation and ensure the strict implementation of Decree 107/2018/ND-CP, the Ministry of Industry and Trade has repeatedly issued urging and reminder documents to traders. Among the measures taken are sending direct written reminders to non-compliant traders and requesting the local Department of Industry and Trade where the traders' headquarters or rice milling and processing facilities are located. When an intersectoral delegation led by the Ministry of Industry and Trade conducts a law enforcement inspection, the Director is responsible for requesting compliance directly from merchants. Despite the use of written reminders and corrections as well as direct communication, there is no strong sanction in place to deal with violations of the reporting regime for traders.

According to the Ministry of Industry and Trade, it is necessary to develop a Decree amending and supplementing several articles of Decree No. 107/2018/ND-CP to improve the legal framework for the rice export business, to solve the following problems: current issues and create orientations for rice production and export business, and at the same time ensure sustainable and stable rice export goals, by market requirements and the production capacity. economic.

In this draught, the Ministry of Industry and Trade has proposed a variety of specific contents, including the following amendments to Clause 3, Article 3 of Decree No. 107/2018/ND-CP: Only traders authorized to export rice are eligible to receive the payment. rice export entrustment.

In addition, it is proposed to add the following to point c of clause 4 of Article 22: Provide an improved and more accurate source of information on rice exports, meet the requirements of management and monitoring of the performance of rice export contracts and the situation of rice exportation. inventory by Ministry of Industry and Trade regulations.

With these modifications and additions, the Ministry of Industry and Trade hopes to improve its ability to manage and supervise rice export activities, while simultaneously creating fair conditions for industry-operating businesses and ensuring transparency. Accountability and openness in reporting and regulatory compliance. This will contribute to the sustainable growth of Vietnam's rice export industry and strengthen our country's position on the international market.

P.V (t/h)