The Vietnam Food Association said November 2 that rice prices in the Mekong Delta rose by VND700 to VND1,000 over the previous week, with demand likely to be higher than supply.
|Farmers in the Mekong Delta dry unhusked rice|
A kilogram of normal-quality rice is selling at VND4,200 to VND4,300. For high-quality rice, it is between VND4,800 and VND5,000.
The Agriculture and Rural Development Information Center said that the rice prices would continue to increase due to a rise in demand for rice exports, and preparations for the Tet holidays (February 2010) in the remaining months of the year.