Philippines wants to extend import ban, what about Vietnamese rice?

Source: thanhnien.vn Why does the Philippines want to extend the ban? The Philippines' 60-day rice import ban is entering its fourth week. However, responding to the media about the effect of the ban, Francisco Tiu Laurel Jr., the Philippine Secretary of Agriculture (DA), said that the import ban on rice has been very effective in helping domestic rice prices recover. Before the rice import ban, the price of rice was around 8-10 pesos/kg. Currently, in some areas, it is 17 pesos/kg. To continue supporting the price of rice for farmers currently in the harvest season in September and October, he is considering recommending extending the rice import ban by at least 15 days and even 30 days. "The extension of the ban will be calculated based on specific figures," said Tiu Laurel. The declaration by the head of the Philippine agriculture sector to extend the rice import ban surprised many, as the DA's own statistics last week showed that the 2025 rice production would not be as high ...