Vietnamplus

The imported pork and declining meat consumption have pushed pork prices down, helping stabilise the consumer price index.

Efficient reproduction of pigs and enhancing imports of frozen pork and live pigs have made prices of live hogs fall, according to the Ministry of Agriculture and Rural Development (MARD).

Thailand’s Ministry of Agriculture and Cooperatives has suggested that the country and Vietnam set up a bilateral cooperation mechanism in animal health.

The first batch of 500 live pigs imported from Thailand arrived at a quarantine area in north-central Nghe An province on June 18.

Eight out of the 15 Vietnamese registered businesses are eligible to import live pigs from Thailand with the estimated number of more than 1.9 million heads, according to the Department of Animal Health under the Ministry of Agriculture and Rural Development.

Vietnam imported about over 67,600 tonnes of pork from the start of the year to May 30, a year-on-year surge of 298 percent, according to the Ministry of Agriculture and Rural Development.

The Ministry of Agriculture and Rural Development has given the green light to the importation of live pigs from Thailand for farming and slaughter, starting from June 12.

Vietnam imported about 67,640 tonnes of pork from the start of the year to May 30, a year-on-year surge of 298 percent, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam will allow the import of live pigs for the first time in a bid to counter the skyrocketing live hog prices in the domestic market, said an agricultural official.

Vietnam’s domestic pork supplies could fall by 20 to 35 percent this year as a consequence of African swine fever, according to the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD).

Pork imports rocketed over the last two months as market demand surges ahead the Tet (Lunar New Year) holiday, which is only a few weeks away, according to the Ministry of Industry and Trade (MoIT)’s Agency of Foreign Trade.

Supplies of poultry and pork products are expected to be sufficient in HCM City during the upcoming Lunar New Year (Tet) holiday, which falls on January 25.

Climbing prices of pork and processed food were behind the 0.96 percent increase in Consumer Price Index (CPI) of November compared to the previous month.

Deputy Prime Minister Vuong Dinh Hue stated that this year’s inflation is controllable, at 3.3 – 3.9 percent, while chairing a November 18 meeting on the recent surge in prices of pork, an essential foodstuff.

African swine fever has spread to southern Cambodia’s Kandal province, bringing the total number of provinces hit by the virus to five, Agriculture Minister Veng Sakhon announced on July 15.

A CPI rise at three-year low during the first half of 2019 has greatly helped stabilise the macro-economy, promote economic growth and leave much room for inflation control for the remaining of the year, according to Deputy Prime Minister Vuong Dinh Hue.

The transportation of pigs has been restricted in the northern province of Thai Binh following an outbreak of African swine fever (ASF).

The rapid onset of the African swine fever (ASF) in China may spread to neighbouring countries in Southeast Asia and the Korean peninsula, the UN’s Food and Agriculture Organisation (FAO) warned on August 28.

Livestock farmers should join production links with cooperatives as well as processing and trading enterprises to sustain their livelihoods, experts said at a conference in Hanoi on December 12.

As the number of pig breeding households continues to drop, a shortage of live pigs could result in high pork prices later this year, according to the Ministry of Agriculture and Rural Development.