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    Home > Food News > Food Articles > Vietnam's Ministry of Industry and Trade launched an investigation into the sudden increase in imports of rice originating in India

    Vietnam's Ministry of Industry and Trade launched an investigation into the sudden increase in imports of rice originating in India

    • Last Update: 2021-07-29
    • Source: Internet
    • Author: User
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    (People’s Daily) In response to the recent sudden increase in rice imports from India , the Ministry of Industry and Trade of Vietnam issued a decision on the establishment of an inspection team to inspect the implementation of laws related to rice import and export activities
    .
    Inspection team will Xinlong Group AG, Shun Import and Export Corporation, Tianlu Group AG, with new shares of the company into the heart and celebrate Ltd.
    and other companies to check
    .
     
    According to the Viet News Agency, the inspection team held discussions with relevant units on the situation of rice import and export, serving the management and governance of rice import and export
    .
     
    In addition, the inspected companies provide complete and accurate documents, materials and information in a timely manner according to the requirements of the inspection team, and assume legal responsibility for the accuracy of the information and materials provided, including the operation, sales and inventory of their imported rice from India.

    .
     
    Previously, on June 22, the Import and Export Bureau issued a notice to companies importing rice from India, requesting them to provide information on the import, operation, sales and inventory of Indian rice, and report to the Ministry of Industry and Trade before June 29, 2021.
    Import and Export Bureau
    .
     
    In the first three months of this year, Vietnam invested US$74.
    8 million in the purchase of Indian rice.
    The value of imports was 554 times that of the same period last year, and the volume of imports increased by 3249 times year-on-year
    .
    Last year, Vietnam imported 76 tons of rice from India, valued at US$135,000
    .

     
      Before 2019, India exported 500 tons to thousands of tons of rice to Vietnam every year
    .
    However, in the first year of the outbreak of the new crown pneumonia epidemic, Vietnam suddenly imported 46,700 tons of rice from the Indian market, an increase of 8.
    5 times from 2019, and continues to increase since the beginning of this year
    .
    (Finish)
    Rice import inspection import and export
     
      According to the Viet News Agency, the inspection team held discussions with relevant units on the situation of rice import and export, serving the management and governance of rice import and export
    .
     
      In addition, the inspected companies provide complete and accurate documents, materials and information in a timely manner according to the requirements of the inspection team, and assume legal responsibility for the accuracy of the information and materials provided, including the operation, sales and inventory of their imported rice from India.

    .
     
      Previously, on June 22, the Import and Export Bureau issued a notice to companies importing rice from India, requesting them to provide information on the import, operation, sales and inventory of Indian rice, and report to the Ministry of Industry and Trade before June 29, 2021.
    Import and Export Bureau
    .
     
      In the first three months of this year, Vietnam invested US$74.
    8 million in the purchase of Indian rice.
    The value of imports was 554 times that of the same period last year, and the volume of imports increased by 3249 times year-on-year
    .
    Last year, Vietnam imported 76 tons of rice from India, valued at US$135,000
    .

     
      Before 2019, India exported 500 tons to thousands of tons of rice to Vietnam every year
    .
    However, in the first year of the outbreak of the new crown pneumonia epidemic, Vietnam suddenly imported 46,700 tons of rice from the Indian market, an increase of 8.
    5 times from 2019, and continues to increase since the beginning of this year
    .
    (Finish)
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