Vietnam spends over 2 billion USD on animal feed, material imports in 5 months

Vietnam spent 2.04 billion USD to import animal feed and raw materials for the production of this kind of commodity in the first five months of this year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam spends over 2 billion USD on animal feed, material imports in 5 months ảnh 1Illustrative photo (Photo: Breeding Magazine)

Hanoi (VNA) – Vietnam spent 2.04 billion USD to import animal feed and raw materials for the production of this kind of commodity in the first five months of this year, according to the Ministry of Agriculture and Rural Development (MARD).

The figure marks a year-on-year decrease of 2%.

Animal feed and raw materials from Argentina to Vietnam accounted for 25.8% of the total market shares, followed by India (18.3%) and the US (15.2%).

Compared to the same period last year, the imports from the three countries increased by 3.9%, 130%, and 28.3%, respectively.

MARD recommends that to reduce reliance on imported animal feed, farmers in localities should make use of available domestic raw materials, produce animal feed by themselves to reduce cost, and find sources of raw materials for animal feed production.

Ministries and agencies were asked to tighten control over the import of meat and by-products, support importers to reduce the costs of products, as well as create favourable conditions for the development of material zones for animal feed production./.

VNA

See more

An automobile assembly line of the THACO Truong Hai Group in Da Nang. (Photo: VNA)

Da Nang promotes investment attraction to achieve over 11% growth

Da Nang's foreign direct investment (FDI) attraction showed strong growth, reaching 237.7 million USD, double the level recorded a year earlier. The city granted licences for 47 new FDI projects, approved capital adjustments for 16 projects and recorded 10 transactions involving capital contributions and share acquisitions in economic organisations.

Deputy Prime Minister Nguyen Van Thang speaks at the forum. (Photo: vneconomy.vn)

Vietnam pivots to selective, high-quality FDI attraction for sustainable growth: Deputy PM

The FDI sector remains a key pillar of Vietnam’s economy, with more than 46,500 valid projects and total registered capital exceeding 543 billion USD so far. Disbursed capital has reached around 357.6 billion USD. The FDI sector contributes over 20% of GDP, accounts for around 70% of total export turnover, and creates jobs for millions of workers. Vietnam continues to rank among ASEAN’s leading FDI destinations despite global investment slowdowns.

Customs officers inspect vehicles and imported goods at the Huu Nghi International Border Gate in Lang Son province. (Photo: VNA)

Customs intensify crackdown on counterfeit goods, trade fraud

The customs sector has identified the fight against smuggling, trade fraud, counterfeit goods and intellectual property violations as a key task. Customs units nationwide have stepped up inspections and supervision of import-export activities along major routes and at key checkpoints.

Workers process clams for export at the factory of Thanh Hoa Fishery Import-Export JSC in Thanh Hoa province. (Illustrative photo: VNA)

Vietnam notifies WTO committee of goods origin management reforms

The information presented by Vietnam attracted attention from others WTO members amid global efforts to accelerate the digital transformation of import – export procedures and improve the implementation of rules of origin to enhance supply chain adaptability.

A Petrolimex worker refuels a motorbike. (Photo: VNA)

Energy imports surge in first quarter of 2026

Data from Vietnam Customs shows that the country spent approximately 2.93 billion USD importing nearly 3.37 million tonnes of petroleum products in the first quarter of 2026, an increase of 77.8% in value and over 44% in volume compared to the same period last year.

A perspective of the Quang Ninh 1 Wind Power Plant project (Photo: Quang Ninh provincial Department of Construction)

Quang Ninh gives nod to first offshore wind power plant

The project is expected to have a designed capacity of 50 MW and will be implemented in nearshore waters of the Co To special zone. It will be the first offshore wind power project in the province, playing a pioneering role in tapping Quang Ninh’s abundant renewable energy potential.