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Update news livestock industry
The Ministry of Agriculture and Rural Development (MARD) says the livestock industry is facing difficulties amid competition from imports.
Vietnam should enhance cooperation between State management agencies and commodity associations to jointly build a value chain for Vietnam's livestock industry.
Vietnam is preparing to ship the first batches of chicken to Russia after the Russian Federal Service for Veterinary and Phytosanitary Surveillance allowed imported chicken from Vietnam.
Seventeen large investment projects in the agriculture sector with total investment capital of VND20 trillion became operational in 2019.
Vietnamese farmers, who incurred big losses because of African Swine Fever (ASF), may see the situation become even worse because of the import tariff cut.
The Vietnamese animal feed market is considered very promising with the value of $6 billion a year. However, feed producers have faced difficulties because of African Swine Fever (ASF).
The Vietnam Poultry Livestock Association, which met late last week, expressed its concern about the massive imports of chicken, saying that it will kill the domestic husbandry industry.
While the Ministry of Industry and Trade (MOIT) considers importing pork to ease the domestic short supply, the Ministry of Agriculture and Rural Development (MARD) fears the imports will hurt the domestic livestock industry.
Vietnam has increased imports of chicken from the US which have the surprisingly low price of VND18,000 per kilogram.
The amount of pork imported to Vietnam in the first four months of the year was six times higher than that in the entire year of 2018. The import price is VND5,000-7,000 per kilogram lower than the domestic price.
The volume of pig, chicken and pork imports has soared recently. Buyers and sellers conduct transactions easily online.
VietNamNet Bridge - Foreign meat exporters want to compete in Vietnam’s market with products made from ‘animals that are treated well’.
VietNamNet Bridge - The pork market has heated up again, with more imports, especially from the US.
VietNamNet Bridge - To improve their competitiveness, Vietnamese livestock companies have been told to restructure their production and supply chains.
VietNamNet Bridge - Vietnam has exported its first consignment of 300 tons of chicken to Japan, described as a ‘historic milestone’ for the livestock industry.
VietNamNet Bridge – The increasingly high number of meat imports in recent months has put pressure on the domestic cattle industry.
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VietNamNet Bridge – The domestic livestock industry must find a way to reduce its production cost and become more competitive, or give in to the market domination of imported meat.