• Short Summary

    THERE ARE NEW FEARS RUNAWAY INFLATION IN SOUTH VIETNAM, WITH THE SHORTAGE THIS YEAR OF ADEQUATE RICE SUPPLIES.

  • Description

    THERE ARE NEW FEARS RUNAWAY INFLATION IN SOUTH VIETNAM, WITH THE SHORTAGE THIS YEAR OF ADEQUATE RICE SUPPLIES. RICE -- THE COUNTRY'S STAPLE FOOD -- HAS ALREADY TREBLED IN PRICE IN THE PAST TWO YEARS. THERE HAVE BEEN COMPARABLE PRICE INCREASES IN MEAT AND VEGETABLES.

    TODAY A BOWL OF RICE COSTS TWICE AS MUCH AS A YEAR AGO -- TWO YEARS AGO IT WAS ONLY A THIRD OF TODAY'S PRICE. VEGETABLE PRICES HAVE TREBLED, AND PORK AND FISH -- THE MAIN PROTEIN-BEARING FOOD OF THE VIETNAMESE -- HAS QUADRUPLED IN PRICE.

    THE REASON FOR THE RISE IN PRICES RESTS LARGELY WITH THE TREND TO MOVE FROM THE COUNTRY TO CITIES -- SAIGON'S POPULATION HAS INCREASED FROM 1,000,000 TO 3,000,000 IN THE PAST TWO YEARS.

    AMERICAN TANKS AND BOMBS HAVE DEFOLIATED MUCH OF THE RICE-BEARING LAND AND VIET CONG HARASSMENT HAS DRIVEN MANY FAMILIES OFF THEIR FARMS.

    SUPPLY ROUTES ARE NO LONGER RELIABLE, EITHER. RAILWAY LINES HAVE BEEN BLOWN UP AND VIET CONG TERRORISTS AND LAND MINES MAKE FARMERS RELUCTANT TO USE THE ROADS.

    IN A BID TO RELIEVE THE SITUATION THE UNITED STATES GOVERNMENT HA S STARTED IMPORTING RICE FROM AMERICA. BUT THERE'S A PROBLEM HERE, TOO -- THE VIETNAMESE DO NOT LIKE THE AMERICAN RICE. THEY SAY IT IS TOO DRY.

    NEVERTHELESS HUNDREDS OF THOUSANDS OF TONS OF AMERICAN RICE WAS SOLD ON THE OPEN MARKET LAST YEAR, AT ABOUT HALF THE NORMAL PRICE.

  • Tags

  • Data

    Film ID:
    VLVALHRPM7OV6AXZG2YMJR6UHGGD
    Media URN:
    VLVALHRPM7OV6AXZG2YMJR6UHGGD
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    06/09/1967
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:50:00
    Time in/Out:
    /
    Canister:
    N/A

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