Vietnam vowed to maintain current rice crop areas and boost yields to ensure supplies remain adequate in the face of demand pressures from a fast-growing population as well as the effects of climate change.
The government’s pledge of security of food supplies touched a key agenda topic at two conferences that opened in Hanoi on Tuesday, bringing together more than 1,300 scientists, policymakers and traders from nearly 70 countries.
With more than half of the world’s 6 billion people eating rice as a staple food, changes in availability and prices often affect the poorest and most vulnerable people, said Robert Zeigler, director general of the International Rice Research Institute (IRRI).
“Projected demand for rice will outstrip supply in the near to medium term unless something is done to reverse current trends of slow productivity growth and inefficient, often unsustainable management of natural resources,” Zeigler said in his opening remarks at one conference.
The past three years have witnessed some of the most volatile commodities prices ever, including for rice. In April 2008 Thai rice jumped to a record $1,080 a tonne, sparking food riots in some parts of the world.
Since then Thai rice prices more than halved to $480 a tonne in late October. Rice in Vietnam dropped to $350 in April and $475-$485 now from the record of $1,000 in May 2008.
Rice prices will not rise much above the level of $600 a tonne next year, predicted Eric Wailes, professor in agricultural economics of Arkansas university.
Vietnam has transformed itself from a rice importer in the 1980s into the world’s second-largest exporter of the grain after Thailand.
However, it now has to deal with the severe effects of “rapid population growth, decreasing farm area and water resources, more frequent natural disasters, floods, droughts, and diseases,” Prime Minister Nguyen Tan Dung said.
“The Vietnamese government has identified that ensuring long-term national food security under any circumstance is essential for the country’s socio-economic development,” Dung told delegates at a conference organized by the Manila-based IRRI and Vietnam’s Agriculture Ministry.
The two are running parallel conferences this week, one on rice research and another on rice policy and investment, with a shared opening ceremony.
He said Vietnam aimed to keep the area for rice production stable, increase investment in irrigation, mechanize production and processing, and use scientific and technological advances to improve rice varieties.
Yield above world’s level
Vietnam’s rice yield has reached 5.3 tonnes per hectare per crop, well above the world average of 4.2 tonne, and its rice exports of around 6 million tonnes a year account for a fifth of the world’s total trade in the grain.
The country is forecast to export nearly 6 million tonnes of rice next year, Wailes forecast, down from a record shipment of 6.5 million expected this year.
