01 - Rinse rice under cold running water until the water runs clear. Drain thoroughly using a fine-mesh sieve.
02 - In a medium saucepan, melt the butter with olive oil over medium heat.
03 - Add the broken vermicelli noodles to the saucepan and sauté, stirring constantly, until they turn a deep golden brown, about 2 to 3 minutes. Watch closely to prevent burning.
04 - Add the drained rice to the saucepan and stir gently until each grain is evenly coated with butter and oil.
05 - Pour in the water or broth, add salt and white pepper, and bring the mixture to a rolling boil.
06 - Once boiling, reduce heat to low, cover tightly with a lid, and simmer for 15 minutes until all liquid is absorbed and rice is tender.
07 - Remove the saucepan from heat and let the rice stand, covered, for 5 minutes to allow the grains to firm up.
08 - Uncover and fluff the rice gently with a fork before transferring to a serving dish.