WEBVTT

00:00:03.507 --> 00:00:06.187 
In the context of continuous decline in
rice prices in the Mekong Delta, 

00:00:06.467 --> 00:00:09.407 
causing many farmers to suffer when
traders abandon their deposits and find it difficult to find outlets, 

00:00:09.747 --> 00:00:12.232 
Hung Loi Agricultural Cooperative, Long
Duc Commune, Long Phu District, Soc 

00:00:12.232 --> 00:00:13.587 
Trang Province is a bright spot. 

00:00:13.787 --> 00:00:17.487 
On the 100 hectare field, the
Cooperative members are busy harvesting. 

00:00:17.607 --> 00:00:21.047 
transport and sell rice to businesses at
a price 3,000 VND per kilo higher than the market price. 

00:00:21.648 --> 00:00:26.188 
The company invited again to the
price closing meeting. 

00:00:26.328 --> 00:00:29.766 
The price is like that, then agree to
sign the minutes, then the 

00:00:29.766 --> 00:00:31.088 
other side also keeps it. 

00:00:31.168 --> 00:00:34.108 
This side also keeps the same, up
and down is the same price. 

00:00:34.588 --> 00:00:37.608 
Then consider that farmers now
have nothing to fear. 

00:00:37.915 --> 00:00:42.895 
The cooperative has also been associated
with rice consumption since 2019. 

00:00:43.055 --> 00:00:48.184 
A lasting connection is due to the
relationship that we build. There are 

00:00:48.184 --> 00:00:51.735 
some difficult things, but we
sit down and share. 

00:00:51.735 --> 00:00:55.682 
For example, the price has increased to
its ceiling level, but we can keep it 

00:00:55.682 --> 00:00:59.892 
for the business, or the business sees
that the rice price is too low and can 

00:00:59.892 --> 00:01:03.575 
raise it a little bit, then the two
sides negotiate with each other, and 

00:01:03.575 --> 00:01:06.995 
there is a possibility that we can keep
it for a long time. 

00:01:07.430 --> 00:01:10.890 
In recent times, Soc Trang's
agricultural sector has actively developed business connection work. 

00:01:10.890 --> 00:01:12.830 
with large cooperatives and farmers. 

00:01:13.310 --> 00:01:16.350 
Thanks to that, the consumption of
agricultural products through joint contracts is increasingly popular. 

00:01:16.350 --> 00:01:20.910 
In the 2023-2024 Winter-Spring season
alone, there were 107 

00:01:20.910 --> 00:01:22.430 
businesses and traders. 

00:01:22.430 --> 00:01:25.693 
Participate in product consumption
linkage from the beginning, with a total 

00:01:25.693 --> 00:01:27.770 
consumption area of ​​up to 28,300 hectares. 

00:01:28.170 --> 00:01:31.070 
This shows the effectiveness of
linking production and consumption, 

00:01:31.070 --> 00:01:35.045 
help Soc Trang farmers minimize risks
and have stable income in the 

00:01:35.045 --> 00:01:36.370 
context of volatile markets.