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.
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.
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.
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.
The Ministry of Finance has recently sent Dispatch No.14813/BTC-CST to competent ministries and sectors, suggesting cutting import on chicken and pork products.
The Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development have agreed to consider the possibility of official import of pork with reasonable prices.
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.
The Consumer Price Index (CPI) of November increased by 0.96 percent compared to last month, the highest growth for November’s CPI in the last nine years.
The Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development (MARD) have proposed the Government import pork based on the directions of Deputy Prime Minister Vuong Dinh Hue.
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.
Ho Chi Minh City authorities are working with local businesses to ensure supply of essential goods under the city’s market stabilisation programme for the Tet (Lunar New Year) holiday.
Although pork is plentiful right now, the demand is expected to rise at the end of the year, then rocket by as much as 25 percent when the Tet (Lunar New Year) holiday is coming near.
Ten of the 11 categories of main consumer goods and services have recorded price hikes in October, with the strongest month-on-month increase, 1.04 percent, seen in the food and food services group.
Deputy Prime Minister Vuong Dinh Hue, who is also head of the National Steering Committee on Price Management, has recently issued instructions to authorities to cope with rising pork prices.
The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.
The Steering Committee for Price Management held a meeting in Hanoi on September 27, during which Deputy Prime Minister Vuong Dinh Hue said that if there are no unexpected factors, this year’s inflation can be kept at around 3.3 – 3.5 percent.
The Philippines has expanded the temporary ban on the importation, distribution and sale of pork meat products from 16 to 20 countries and regions affected by the African swine fever (ASF) virus.
Vietnam could have a shortfall of 500,000 tonnes of pork, or nearly 20 percent of demand, in the period until the Lunar New Year in early 2020 due to the effect of African swine flu (ASF), according to global research firm Ipsos Business Consulting.
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