Business

Russia becomes largest pork supplier to Vietnamese market

Russia earned 130.5 million USD from exporting 63,500 tonnes of pork and viscera to Vietnam in 2020, equivalent to 25 percent of Vietnamese pork imports, thereby becoming the largest pork supplier to the Southeast Asian nation.
Russia becomes largest pork supplier to Vietnamese market ảnh 1Illustrative image (Source: wattagnet.com)
Moscow (VNA) – Russia earned 130.5 million USD from exporting 63,500 tonnes of pork and viscera to Vietnam in 2020, equivalent to 25 percent ofVietnamese pork imports, thereby becoming the largest pork supplier tothe Southeast Asian nation. 

Vietnam’s total import volume of pork last year rose 44 percent to 270,000 tonnes.

The Ministry of Agriculture of Russiahas said that the export of meat and meat products has so far not impacted food prices in Russia.

The Russian ministry said that pork prices will not increase in 2021 thanks to abundant domestic supply and reduced breeding cost.

To meet the high domestic demand for meat, Vietnam has been importing other types of meat along with pork.

In 2019, the spread of African swine fever throughout Asia caused declines of 11.5 percent and 12 percent in terms of the number of cattle and pork output, respectively./.
VNA
#Russia #pork #meat and meat products #pork prices #breeding cost #African swine fever #Vietnam #Vietnam news #Vietnam News Agency Russia
Follow VietnamPlus

Related News

Price management faces new conditions amid pandemic

Price management faces new conditions amid pandemic

The COVID-19 pandemic has impacted economies and commodity markets globally, including Vietnam, and domestic prices will continue to fluctuate and be more closely linked to the fluctuations of raw material and fuel prices on the world market.
Southern localities ensure adequate supply of essential goods

Southern localities ensure adequate supply of essential goods

Localities in the Mekong Delta have coordinated with relevant agencies and businesses to ensure the COVID-19 outbreak does not disrupt the supply of essential goods or causes price hikes, and plan to carry out food safety inspections to ensure people can shop safely.

See more

Online shopping is a common habit among office workers. (Photo: VNA)

E-commerce boom shadowed by surge in counterfeit goods

What appears to be a convenient digital marketplace is, in many cases, riddled with sophisticated traps. With a single click, trust can quickly be exchanged for fake or substandard products, online newspaper vietnamplus.vn reported.

Border Guard officers in Dong Thap inspect and verify fishing vessels before they depart from port. (Photo: VNA)

Dong Thap steps up digital vessel management, strengthens traceability

The Mekong Delta province of Dong Thap has rolled out a plan to implement recommendations from the European Commission on tackling illegal, unreported and unregulated (IUU) fishing, aiming to fully fix shortcomings and contribute to the removal of the “yellow card” warning in 2026.

Tran Phu petrol station in Nghia Lo ward, Quang Ngai supplies E10 petrol to local residents. (Photo: VNA)

Dung Quat biofuel plant set for full-capacity operations in April

BSR-BF Director Pham Van Vuong said the company is looking to expand into new areas such as biodiesel, sustainable aviation fuel (SAF), microalgae, and afforestation, opening up broader growth prospects and strengthening its position in the green energy value chain.

Emma McDonald, Australian Senior Trade and Investment Commissioner, speaks at the conference on April 14. (Photo: VNA)

Vietnam, Australia boost cooperation in fintech

Australian companies have strengths in regtech, data governance, cybersecurity, payment infrastructure, and digital assets—areas that align with Vietnam’s priorities. Their experience in highly regulated environments could help Vietnam address challenges such as financial fraud, cybercrime, and security risks.

Booths of Vietnamese cooperatives and enterprises at the Halal Expo 2025 exhibition in Türkiye. (Photo: VNA)

Türkiye seen as promising market for Vietnam’s Halal products

With a large Muslim population, Türkiye serves as both a major consumer market and a well-developed processing hub for such products. Meanwhile, Vietnam is gradually establishing its capacity to supply Halal goods, particularly in processed foods, agricultural produce, beverages, tourism services and logistics.

A view of Da Nang city (Photo: VNA)

Da Nang charts mega merger for global eco-city vision

Da Nang has set a target of having at least five financial technology (FinTech) businesses with revenues of over 1 trillion VND (40 million USD) yearly, while the Free Trade Zone would contribute 17.9% to the city’s gross regional domestic product (GRDP).

A VinFast electric motorbike showroom. (Photo: vinfastecoxe.vn)

Fuel hikes push electric motorbike sales

Electric motorcycle sales by Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, SYM Vietnam and Suzuki Vietnam, rose by 8.3% year-on-year to 729,121 units.

Prime Minister Le Minh Hung speaks at the meeting (Photo: VNA)

PM orders sharp cuts to business conditions for double-digit growth

Vietnam now maintains 198 conditional business lines and 4,603 business conditions. Under the Party Central Committee conclusion, ministries and agencies must cut at least 30% of existing conditional business lines, or about 60 business lines, while eliminating all redundant conditions.