Despite the current difficulties in finding markets for low-carbon rice, it is vital to promote its cultivation due to its foreseeable benefits and good prospects. Markets for low-carbon rice Recent reports indicated that market access is a tall order for rice to be cultivated under the one-million-hectare high-quality, low-emission rice growing project in the Mekong Delta. But what is at issue? Tien Thuan Cooperative in Vinh Thanh District, Can Tho City is taking the lead in low-carbon rice cultivation with 50 hectares. Under contract terms, Hoang Minh Nhat Company will purchase the entire rice output for three crop seasons: summer-autumn, autumn-winter in 2024, and winter-spring in the 2024-2025 period. In the summer-autumn season, the company bought low-carbon emission rice from this pilot project at VND7,050 per kilogram. The contract also specifies that upon the start of the harvest, both parties will collect rice samples from the fields for testing. If the samples meet quality standards and receive low-emission certification, the company will increase the purchase price to VND7,350 per kilogram. In a conversation with The Saigon Times, Nguyen Van Nhut, general director of Hoang Minh Nhat Company, confirmed that rice samples from the pilot project did not meet the standards […]
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