Hoa Phat steps up Australian beef supply in Vietnam Business

Hoa Phat steps up Australian beef supply in Vietnam

Hoa Phat Corporation has announced that its Hoa Phat Trading Co., Ltd., under the Hoa Phat Agricultural Development JSC, will expand the scale of its farms, further study the meat supply chain and learn about high-quality cow breeds for experimental farming in Vietnam in 2019.
Demand for beef up in Vietnam Business

Demand for beef up in Vietnam

Vietnam paid 410 million USD for imported beef last year due to increasing demand, according to the Ministry of Agriculture and Rural Development.

Investors eye animal husbandry market

Experts months ago warned that the domestic animal husbandry would “die young” as Australian beef was flooding the Vietnamese market. However, they have had a change of opinion as some businesspeople with powerful financial capability and new business strategies have committed to pour capital into the sector, said the English language news portal VietNamNet Bridge.

Beef industry urged to undergo transformation

If the beef industry does not undergo a remarkable transformation, it will not be sufficiently competitive with imported beef in the future to survive, President of the Vietnam Husbandry Association Nguyen Dang Vang told radio The Voice of Vietnam (VOV).

Vietnam steps up Aussie beef imports

Vietnam has become the second largest importer of Australian cattle, behind Indonesia, according to BeefCentral.com, a free news website and market intelligence service dedicated to the Australian beef industry.
Culture - Sports

Junior chefs set for cooking contest

The inaugural Aust-Viet Junior Chef Challenge will be held in HCM City from June 17-21 as part of the celebrations of the 40th anniversary of diplomatic relations between Australia and Vietnam.