The aquatic rice model is one of the models applied to the economic restructuring in agriculture. This study aimed to assess the status of rice production in Long My district, Hau Giang Province
analysis of financial ratios, compare the financial effectiveness of the application single model and the aquatic rice
which proposes a number of basic, feasible and suitable solutions to develop the models in the study area. Through research it can be concluded that farmers applied the aquatic rice production brings higher efficiency compared to single model for rice production. Specifically the total cost of the aquatic rice model savings compared to single model is 9816549 VND/ ha. The income of the aquatic rice model increased over single model is 17.8661 million VND / ha.