01 - Place the rice in a fine-mesh sieve and rinse under cold running water, agitating gently, until the runoff becomes completely clear. Shake off excess water and set aside to drain thoroughly.
02 - Set a medium saucepan over medium heat. Add the butter and olive oil, allowing the butter to melt completely and begin foaming slightly.
03 - Add the broken vermicelli noodles to the melted butter and oil. Sauté, stirring constantly with a wooden spoon, until the pasta turns a deep golden brown, about 2 to 3 minutes. Watch carefully to prevent scorching.
04 - Add the drained rice to the saucepan and stir gently to coat every grain evenly with the butter and oil mixture, cooking for about 30 seconds.
05 - Pour in the water or broth, add the salt and white pepper, and stir once. Bring the liquid to a full rolling boil over medium-high heat.
06 - Once boiling, immediately reduce the heat to the lowest setting. Cover the saucepan with a tight-fitting lid and simmer undisturbed for 15 minutes, or until all the liquid has been absorbed and the rice is tender.
07 - Remove the saucepan from the heat, keeping the lid firmly in place. Let the rice rest for 5 minutes to allow the grains to firm up and any residual moisture to redistribute.
08 - Remove the lid and fluff the rice gently with a fork, separating the grains without mashing them. Transfer to a warm serving dish.