Vietnamplus

Hanoi will not have to face a shortage of pork during the traditional Lunar New Year (Tet) holiday, an official of the capital city’s Industry and Trade Department has said.

Vietnam has to spare no effort to achieve economic growth of 6.8 percent and keep inflation rate of below 4 percent in 2020 amid global political uncertainties, said the Vietnam Institute for Economic and Policy Research (VERP) at a workshop in Hanoi on January 16.

Vietnamese agencies have joined hands with a French partner on the research and production of vaccines against the African swine fever (ASF) and foot and mouth disease (FMD).

Nearly 1,203 tonnes of rice from the national reserve will be allocated to the central province of Nghe An to support residents affected by natural disasters and African swine fever in 2019, on the occasion of the Lunar New Year (Tet) festival.

The Department of Internal Trade (DIT) under the Thai Ministry of Commerce has assessed that the drought situation in 2020 could hurt agricultural production, resulting in continued price increases.

The African swine fever (ASF) outbreak in North Sumatra, Indonesia, in the past few months has worsened, spreading to 18 regencies and cities across the province.

Vietnam’s GDP growth would reach 6.8 percent from the 7.02 percent posted in 2019, mainly due to a slowdown in the industrial sector, analysts from Fitch Solutions forecast.

HCM City will continue to work with southwestern cities and provinces to ensure an adequate supply of goods at stable prices, according to the city Department of Industry and Trade. ​

Prices of various consumer goods are predicted to increase at the end of the lunar year, an official of the Ministry of Finance (MoF) has said.

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.

The Vietnam News Agency has selected the top 10 events that shaped the country in 2019.

Thailand's pork and chicken exports have soared significantly as pork production in many countries has dropped due to African swine fever (ASF), said the Thai Ministry of Commerce's Office of Agricultural Economics (OAE).

The Russian media said on December 26 that a company in the central province of Kursk has been licensed to export pork to Vietnam, amid limited supply in the domestic market due to African swine fever.

The Vietnam News Agency (VNA) has selected the top 10 events that shaped the country in 2019.

On the occasion of Tet (Lunar New Year) holiday, which will fall on January 25, businesses in Ho Chi Minh City will provide consumers with many specialty products such as herbal chicken, herbal pork, and Banh Chung cake with multiple fillers.

Large livestock enterprises should keep pork prices in check despite limited supplies on the domestic market due to African swine fever, Minister of Agriculture and Rural Development Nguyen Xuen Cuong has said.

The agricultural sector has surpassed many goals in 2019, it was reported at an online conference held by the Ministry of Agriculture and Rural Development in Hanoi on December 23.

Prime Minister Nguyen Xuan Phuc said the agriculture and rural development sector must grow by 3 percent next year, during a teleconference in Hanoi on December 23.

For 2020, Vietnam’s agricultural sector targets a gross domestic product (GDP) growth rate of 2.8 – 3 percent and an agro-forestry-fishery export turnover of more than 42 billion USD.

The November consumer price index (CPI) in the northern province of Bac Ninh rose 1.37 percent from the previous month, the highest increase so far this year.