Wash rice till water runs clear. Allow to dry
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Add salt and pepper to hot stock
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Add butter and oil into a pan. When butter melts, add vermicelli and stir constantly until golden brown
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Add the rice and stir for a minute or two
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Add the hot stock. Stock should be about 1/2 inch above the rice. Stir to mix
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Set heat to medium to medium high. Bring to boil and cover (3 to 5 minutes)
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When water is gone, turn off heat, give it a stir, add the chestnuts, and let steam covered for 20 minutes.
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Check for rice doneness
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Fluff with fork and partially cover for another 10 minutes.
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Server with fried shallot rings