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Vietnam bans rice speculation, says stocks sufficient
April 28, 2008 / 1:03 AM / 9 years ago

Vietnam bans rice speculation, says stocks sufficient

HANOI, April 28 (Reuters) - Vietnam has banned rice speculation after a surge in buying over the weekend in southern Vietnam and the government said it has sufficient stock for domestic consumption and exports.

The government “strictly forbides organisations, individuals without function to trade food from buying paddy and rice for speculation”, it said in a statement issued on Sunday and broadcast nationwide by state-run Voice of Vietnam radio on Monday. (Reporting by Ho Binh Minh; Editing by Tomasz Janowski)

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