Australian, Vietnamese experts develop new rice variety to tackle climate change
SunRice, Australia’s largest rice supplier, will partner with Australian and Vietnamese researchers to develop a new variety of rice that helps farmers in the Mekong Delta adapt to climate change and offers a fresh opportunity to increase exports from the region.
Sydney (VNA) - SunRice, Australia’s largest rice supplier, willpartner with Australian and Vietnamese researchers to develop a new variety ofrice that helps farmers in the Mekong Delta adapt to climate change and offers a freshopportunity to increase exports from the region.
According to an announcement posted on The AustralianFinancial Review (AFR), the Australian government's researchers and SunRice will workwith the government scientists and growers of Vietnam, with the goal to helpfarmers grow higher-value crops amid subsidence, fresh-water shortages and thesalinity challenges of climate change, and open up new markets for Vietnam’srice bowl.
The 5 million AUD, four-year research project will build onwork by the Australian Centre for International Agricultural Research (ACIAR). Alongwith local growers and provincial governments, the project will involve theUniversity of Queensland, An Giang University, Can Tho University and Cuu LongRice Research Institute.
SunRice chief executive Rob Gordon said the project broughttogether the “best research, government and rice industry minds” from Vietnamand Australia, all determined to improve the Delta’s rice value chain.
Assistant Trade Minister Tim Ayres said the project, fundedby investment totalling 2.4 million AUD from SunRice and 2.6 million AUD incash from the ACIAR, will benefit rice growers across the Delta as well asAustralian agriculture./.
Australian Intellectual Property (IP Australia) has officially issued trademark protection certificates to three brands of ST24 and ST24 rice produced by Ho Quang Tri Private Enterprise.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
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The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
A rice field in Mekong Delta (Photo: VNA) 
