When the market price is equal to or higher than the price of rice, the direction the Government would not intervene. In contrast, when the price of rice is lower than the price direction, Ministry of agriculture and rural development is responsible, jointly with the unit as the Ministry of finance, Ministry of industry and trade, the State Bank and the Vietnam food Association (VFA) proposed the Prime Minister to consider and devise specific solutions to keep the rice market price not lower the price of rice concurrent orientation ensure effective rice exports. However, circular No. 89/2009/TT-BTC "guidelines on the method of determining the floor prices of rice for export" on June 17, 2011 of the Finance Ministry, the floor price of rice exports by Vietnam food Association (VFA) determined based on the instructions of the Ministry of finance. So, at present, the price floor for rice export by VFA calculation to ensure that farmers have the average interest rate on the 30% of the production.
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