Economics

Vietnam Will Stockpile 190,000 Tons of Rice for Food Safety

Photographer: Tran Thi Minh Ha/AFP via Getty Images

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Vietnam’s General Department of State Reserves plans to have 190,000 tons of rice in storage by June 15 to ensure the country has enough food amid the novel coronavirus outbreak, the finance ministry said on its website.

Prime Minister Nguyen Xuan Phuc this week ordered the suspensionBloomberg Terminal of new rice export contracts through at least March 28. The country is the world’s third-largest exporter, behind India and Thailand.