In An Giang, Kien Giang provinces, rice price has been reduced to nearly 20 cents per kg, while the price for aromatic rice decreases 2 cents per kg.
RVT rice varieties in Soc Trang and Tra Vinh decreased to over 20 cents per kg, down nearly 9 cents compared to last year.
The purchase price is even lower in flooded areas such as Kien Giang province. Traders said the price of rice plummeted because enterprises are reluctant to buy.