Vietnam spends nearly 190 million USD on importing pork in ten months

Vietnam spends nearly 190 million USD on importing pork in ten months

Vietnam spent nearly 190 million USD on importing about 89,000 tonnes of pork in the first ten months of this year, according to the General Department of Vietnam Customs.
Remove the "valve" of small-scale pork export to save pig prices

Remove the "valve" of small-scale pork export to save pig prices

VCN - Some suggest the Government should loosen barriers to sell pigs across the border to reduce losses to farmers when live hog prices fall below cost.
Increase in the price of imported materials puts the livestock industry in a difficult position

Increase in the price of imported materials puts the livestock industry in a difficult position

VCN - The price of feed materials is forecasted to continue to increase from now until the end of the year, putting great pressure on the cost of finished feed materials. Improving domestic raw material production capacity as well as investing in improvin
Unblocking the supply chain of goods

Unblocking the supply chain of goods

VCN - In order to meet the needs of people for food during the implementation of social distancing to prevent the pandemic, many solutions to open up the supply chain of goods in Ho Chi Minh City have been implemented, such as increasing mobile sales poin
Price of pork increases as Tet nears, the Ministry of Industry and Trade wants to facilitate imports

Price of pork increases as Tet nears, the Ministry of Industry and Trade wants to facilitate imports

VCN- The price of live pigs in the Central and Central Highlands increased slightly by VND2,000-3,000/kg compared to the previous month, ranging from VND76,000 to VND80,000/kg.
Russia’s AVG invests US$1.4 billion in pork processing complex

Russia’s AVG invests US$1.4 billion in pork processing complex

AVG Capital Partners of Russia and the Thanh Hoa People’s Committee recently hosted a teleconference to sign a memorandum of understanding (MoU) on the construction of a pork processing complex in the locality.
Vietnamese pork imports witness surge of 460%

Vietnamese pork imports witness surge of 460%

According to statistics released by the General Department of Customs, Vietnam imported over 90,400 tonnes of pork and related products during the first nine months of the year with a value of US$215 million, a rise of 357% in volume and 460% in value fro
Supply-demand of pork: Ensuring stabilization of prices by fourth quarter

Supply-demand of pork: Ensuring stabilization of prices by fourth quarter

VCN- From the beginning of April 2020, the price of live hog sold has tended to increase. Currently, the price of pork has decreased to around VND78,000 - 88,000 / kg, although this is still a relatively high price.
Thailand moves to reduce pork exports to Vietnam

Thailand moves to reduce pork exports to Vietnam

The Ministry of Commerce of Thailand has initiated plans to reduce pork exports to regional countries, including Vietnam, following an escalation in terms of domestic pork prices.
Domestic pork prices fall as pigs imported in large volume

Domestic pork prices fall as pigs imported in large volume

The price of pork in the domestic market has been experiencing a downward trajectory in recent days after the Ministry of Agriculture and Rural Development (MARD) granted permission to local firms to import live pigs from Thailand in an attempt to lower e
Quang Tri Customs closely controls imported pork

Quang Tri Customs closely controls imported pork

VCN- Quang Tri Customs has issued an official letter requesting Lao Bao Border Gate Customs Branch, Customs Enforcement Team, Anti-drug Enforcement Team to strengthen the control of imported pork across the border gate.
Pork price crisis: Pork should be included in commodity price stabilization

Pork price crisis: Pork should be included in commodity price stabilization

VCN- Pig farming and pork price have initially shown signs of crisis. In 2017 to 2018, the lowest price of pig was VND15,000/kg of live weight with rejection pigs, while the average was VND26,000-28,000/kg.
Inflation in 2020 can be controlled below 4%

Inflation in 2020 can be controlled below 4%

VCN - Inflation in 2020 can be controlled under 4% if food prices, including pork prices, are brought back to the level ofthe Government’s expectation.
Russian pork in large quantities to be available for sales

Russian pork in large quantities to be available for sales

Vietnamese businesses have purchased nearly 3,500 tonnes of pork from Russia in an effort to increase supply sources and reduce domestic pork prices that have been skyrocketing on the market for the past few weeks.
Vietnam increases pork imports to halt price hike: MARD

Vietnam increases pork imports to halt price hike: MARD

After Viet Nam pork industry was hit hard by the outbreak of African Swine Flu and COVID 19 the Ministry of Agriculture and Rural Development MARD say they will increase pork imports to reduce prices for the domestic market
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