Southern Viet Nam’s An Giang province has officially sought government permission to be able to export 500,000-700,000 tons of rice after the country limited its rice export this year to 4.4 million tons from 4.5 million to boost food reserves following severe flooding recently.
The province is expected to produce over 3 million tons of unhusked rice this year and will have around two tons extra to trade, local authorities said.
Although the province has an additional 240,000 tons in reserve, it has also sought permission to import 500,000 tons of cheap rice from Cambodia for local use.
Under the new rice export quota, just around half a million tons is to be shipped at most between now and December.
Viet Nam, the world's second-largest rice exporter, has seen its crop fields and homes flooded since early October when Typhoon Lekima struck, triggering some of the worst floods in decades in the north-central provinces and submerged dozens of thousands of hectares of paddy fields.
The government has predicted its rice output this year to drop 0.7 percent to 35.6 million tons.