Vietnam spends over 480 million USD on meat imports in first five months

Vietnam imported more than 239,000 tonnes of meat and meat products worth 480 million USD in the first five months of this year.

Vietnam spends over 480 million USD on meat imports in first five months hinh anh 1

Consumers shopping at a supermarket. (Photo: VNA)

Vietnam imported more than 239,000 tonnes of meat and meat products worth 480 million USD in the first five months of this year.

The number climbed by roughly 1.6% in terms of quantity but declined by 9.1% in terms of value, according to the General Department of Customs of Vietnam.

In May, Vietnam imported 57,620 tonnes of meat, worth 108.8 million USD, up 9.5% in volume but down 10.2% in value year-on-year. This marked the fourth monthly growth in import volume of meat and meat products.

During the period, the country imported from more than 36 markets, with the five largest suppliers being the US, India, Russia, Brazil, and Poland.
In particular, meat imports from Russia have steadily soared after decreasing in 2022.

The main types of imported meat and include poultry and offal, fresh chilled or frozen pork, and fresh chilled or frozen beef.

Imports of chilled or frozen poultry, offal of pigs, buffaloes, and cows were on the uptrend, while pork and beef imports decreased year-on-year.

In the first five months of 2023, Vietnam imported 29,610 tonnes of fresh chilled or frozen pork, worth 73.62 million USD, down 19.9% in volume and 5.7% in value. /.

Source: VNA
en.vietnamplus.vn

Related News

Why director of Saigon Port Import-Export and Services JSC suspended from exit?

Why director of Saigon Port Import-Export and Services JSC suspended from exit?

VCN - Ms. Luong Tieu Tran, born in 1979, Director of Saigon Port Import-Export and Services JSC, was temporarily suspended from leaving the country from May 14, 2024.
Vietnam is ready to welcome a new wave of investment in the semiconductor industry

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.
Footwear faces concerns about new regulations in export markets

Footwear faces concerns about new regulations in export markets

VCN - Despite growth in the first months of 2024, the leather and footwear industry is facing new regulations in export markets related to supply chain traceability.

Latest News

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

VCN - According to a representative of the Ministry of Planning and Investment (MPI), investment by foreign corporations and businesses depends on many factors, but it is necessary to focus on factors related to Vietnam's readiness.
Exploiting the potential of Dong Nai

Exploiting the potential of Dong Nai's largest seaport

VCN - Phuoc An Port - the largest seaport in Dong Nai is expected to come into operation in July 2024, which will contribute to a significant increase in the amount of goods arriving at Dong Nai seaport. In order to meet the needs of import and export and create favorable conditions for businesses, customs management units in the area also need to change their model.
Hanoi calls for investments in six urban areas projects

Hanoi calls for investments in six urban areas projects

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).
The food industry aims to green packaging

The food industry aims to green packaging

VCN - Greening food packaging is not only a trend but also a strategic transformation of businesses to meet environmental requirements. Therefore, businesses need to focus on using environmentally friendly packaging materials that are easy to recycle while ensuring product quality.

More News

"The key" to growth motivation for enterprises

"The key" to growth motivation for enterprises

VCN - Unlocking growth motivations is an urgent requirement from the Government to help enterprises and the economy quickly recover. But unlocking the driving motivations must be accompanied by drastic reforms in institutions and the business environment to create conditions and increase confidence for enterprises to step forward.
Exports of four localities achieve tens of billions of USD

Exports of four localities achieve tens of billions of USD

VCN - By the end of April, there are four localities and cities reaching an export turnover of US$10 billion or more, according to the statistics of General Department of Vietnam Customs.
Rapid greening of the logistics sector to avoid being "eliminated"

Rapid greening of the logistics sector to avoid being "eliminated"

VCN - In the current context, if criteria for greening the logistics sector are not quickly and immediately implemented, businesses will face significant difficulties in the future and gradually be "eliminated" from domestic and global business, trade, and import-export activities.
25 out of 28 northern localities report positive industrial production

25 out of 28 northern localities report positive industrial production

As many as 25 out of 28 northern localities reported positive annual growth in industrial production in the first four months of 2024, heard the 10th meeting of industry and trade sectors from 28 northern cities and provinces in Hanoi on May 17.
Dong Nai remains magnet for foreign investors

Dong Nai remains magnet for foreign investors

Industrial parks in the southern province of Dong Nai continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.
Vietnamese steel affirms position in world market

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Five commodities worth billion dollar exported to China

Five commodities worth billion dollar exported to China

VCN - By the end of April, there were four commodities exported to the Chinese market with the turnover of US$1 billion or more.
Promoting reforms and supporting businesses to spread farther

Promoting reforms and supporting businesses to spread farther

VCN - According to Professor Dr. Hoang Van Cuong, a member of the National Assembly's Finance and Budget Committee and Vice Chairman of the State Council of Professors for the term 2024-2029, institutions play a very important role. Therefore, it is necessary to continue to promote reforms to create changes that support businesses in expanding their reach.
Five groups of billion-dollar export commodities to China

Five groups of billion-dollar export commodities to China

VCN - By the end of April 2024, there are 4 groups of goods exported to the Chinese market achieve a turnover of US$1 billion or more.
Read More

Your care

Latest Most read
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

VCN - According to the Deputy Minister, investment by foreign corporations and businesses depends on many factors, including three main factors.
Exploiting the potential of Dong Nai

Exploiting the potential of Dong Nai's largest seaport

Phuoc An Port - the largest seaport in Dong Nai is expected to come into operation in July 2024, which will contribute to a significant increase in the amount of goods arriving at Dong Nai seaport.
Hanoi calls for investments in six urban areas projects

Hanoi calls for investments in six urban areas projects

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).
The food industry aims to green packaging

The food industry aims to green packaging

VCN - Accordingly, businesses need to heavily invest in research and development, to innovate production technology, use green materials, renewable materials and apply many different solutions in packaging production.
"The key" to growth motivation for enterprises

"The key" to growth motivation for enterprises

VCN - Through the first months of 2024, the economy has shown many signs of positive growth, but there are still many difficulties related to business operations. In particular, the number of 74,000 enterprises withdrawing in the first quarter of 2024, is
Mobile Version