Vietnam imports additional 1,000 live pigs from Thailand

A vehicle by Thuy Duong Phat company transports imported pigs from Thailand (Photo: VTCNews)

The company’s representative added that due to the recent scarcity of the supply source in Thailand, the firm had moved to halt importing pigs for a period of several weeks in order to seek fresh suppliers.

At present, the enterprise’s new partner, Wangnamyen Intertrade Limited Partnership of Thailand, has been added to the list of Thai businesses eligible to export pigs to the country.

Due to the new partnership, Thuy Duong Phat Company will now be able to import an additional 1,000 pigs over the next two to three days in order to supply Dong Nai market and neighbouring provinces, therefore contributing to countering escalating pork prices within the domestic market.

Meanwhile, Nguyen Van Thanh, director of Thanh Do Nghe An Co., Ltd based in the central province of Nghe An, said at present the company has imported 7,000 live pigs from Thailand.

The price of domestic live hog is currently hovering between VND84,000 and VND86,000 VND per kilo, while the price of imported pork from Thailand remains at VND85,000 per kilo.

The high selling prices seen in imported pork from Thailand within the local market can be attributed to the limited number of Thai businesses that are permitted to export pigs to the nation, Thanh revealed.

The prices are expected to drop in the near future as fresh Thai partners get added to the list of firms eligible to export pigs to Vietnam, he noted.