Supplementing some regulations on rice export business

The Government issued Decree No. 01/2025/ND-CP amending and supplementing a number of articles of Decree No. 107/2018/ND-CP dated August 15, 2018 on rice export business.

Adding more cases where certificates are revoked.

According to Clause 1, Article 8 of Decree 107/2018/ND-CP, the Ministry of Industry and Trade considers and decides on the revocation of the Certificate of Eligibility for Rice Export Business in the following 7 cases:

New regulations have been added regarding the business of rice export. (Illustrative image)

1. The business entity that was issued the Certificate requests its revocation.

2. Businesses that are dissolved or declared bankrupt according to the provisions of the law.

3. Businesses whose business registration certificates, enterprise registration certificates, or investment registration certificates have been revoked.

4. Traders who do not export rice for a continuous period of 18 months, except in cases where the trader has notified a temporary suspension of business in accordance with the law.

5. Traders who fail to maintain compliance with the business conditions stipulated in Clauses 1 and 2 of Article 4 of this Decree during the course of their business.

6. Traders who falsely declare their storage facilities, milling and processing plants for paddy or rice, or who engage in other fraudulent activities to obtain a Certificate.

7. Traders who fail to comply with or improperly implement the directives and instructions of competent authorities as stipulated in Article 15 of this Decree.

In Decree No. 01/2025/ND-CP, recently issued, the Government supplements point h, clause 1, Article 8 of Decree No. 107/2018/ND-CP.

Thus, in addition to the 7 cases above, according to the new regulations, the Ministry of Industry and Trade will consider and decide on the revocation of the Certificate of Eligibility for Rice Export Business in the eighth case: If, after 45 days from the date the Ministry of Industry and Trade issues a document urging rice export businesses to comply, the Ministry of Industry and Trade does not receive a report from the business as stipulated in Clauses 1 and 2 of Article 24 of Decree No. 107/2018/ND-CP, the Ministry of Industry and Trade will consider and decide to revoke the Certificate of Eligibility for Rice Export Business.

Decree No. 01/2025/ND-CP also adds the following regulation: The decision to revoke the Certificate of Eligibility for Rice Export Business is issued by the Ministry of Industry and Trade and sent to the revoked trader, the General Department of Customs, and the relevant local Department of Industry and Trade, with a copy also sent to the Vietnam Food Association for their information and implementation.

Adding regulations on the responsibilities of exporting traders.

Regarding the right to conduct rice export business, in addition to the current regulations, Decree No. 01/2025/ND-CP adds the following provision: Traders holding a Certificate of Eligibility for Rice Export Business are only allowed to entrust the export of rice to other traders holding a Certificate of Eligibility for Rice Export Business.

Regarding the responsibilities of rice export businesses, according to Clause 3, Article 24 of Decree No. 107/2018/ND-CP, it is stipulated that: Every Thursday, rice export businesses must report to the Ministry of Industry and Trade on the actual amount of paddy and rice in their inventory, categorized by specific types, for data compilation to support management activities.

Decree No. 01/2025/ND-CP stipulates that: Periodically, before the 5th of each month, rice export businesses must report to the Ministry of Industry and Trade and the Department of Industry and Trade where the business has its head office, warehouse, milling or processing facility, and simultaneously send a copy to the Vietnam Food Association, detailing the actual amount of paddy and rice in stock by specific type, for data compilation to support management.

At the same time, Decree No. 01/2025/ND-CP abolishes Clause 6, Article 24 of Decree No. 107/2018/ND-CP: "Traders who report false information or fail to comply with the reporting requirements stipulated in this Article shall not be entitled to the preferential policies stipulated in Clause 2, Article 16 of this Decree until the trader ceases or rectifies the violation."

Decree No. 01/2025/ND-CP takes effect from March 1, 2025.

According to a report by the Ministry of Agriculture and Rural Development , Vietnam's rice exports in 2024 set a record in both volume and value, reaching 9 million tons, worth $5.8 billion, an increase of 10.6% in volume and 23% in value compared to 2023.

Record-breaking rice exports are thanks to farmers' investment in producing high-quality, economically valuable rice varieties favored by the world market, such as Dai Thom 8, OM18, and ST rice varieties. As a result, Vietnamese rice has been exported to approximately 150 countries and territories.

The largest import markets for Vietnamese rice are the Philippines, Indonesia, Malaysia, Ivory Coast, and Ghana. Of these, the Philippines holds the number one position. In 2024, Vietnam ranked third in the world for rice exports after India (17 million tons) and Thailand (10 million tons).

Source: https://congthuong.vn/bo-sung-mot-so-quy-dinh-ve-kinh-doanh-xuat-khau-gao-367839.html