Businesses urged to cooperate to bring live pig price down

Minister of Agriculture and Rural Development Nguyen Xuan Cuong has urged livestock businesses to cooperate with the Government and with each other to bring the live pig price down from the current 75,000 VND (3.17 USD) to 70,000 VND per kg as from April 1.
Businesses urged to cooperate to bring live pig price down ảnh 1A piggery in Vietnam (Photo: VNA)

Hanoi (VNA) – Minister ofAgriculture and Rural Development Nguyen Xuan Cuong has urged livestockbusinesses to cooperate with the Government and with each other to bring thelive pig price down from the current 75,000 VND (3.17 USD) to 70,000 VND per kgas from April 1.

The minister made the call at aworking session with 15 big livestock companies in Hanoi on March 30.

The minister hailed the companies formaintaining safe breeding in the recent past despite the threat of the Africanswine fever (AFS) epidemic. As of March 10, the country’s pig stocks stood atnearly 24 million, equivalent to 74 percent of the stocks before the hit of theAFS in 2018, and are expected to reach the pre-AFS epidemic number at the endof the third quarter or beginning of the fourth quarter.

He also asked the businesses to makerecommendations for a more sustainable development of the pig industry.

The Ministry of Agriculture and RuralDevelopment (MARD) has been working with livestock companies to restore the pigstocks and bring pork prices down.

At the same time, the Government hasallowed more import of pork, with total volume this year reaching 39,191 tonnesas of March 27, up 312 percent year on year.

The pork price has stayed high sincelate 2019, affecting the Consumer Prices Index and posing the risk that the CPIincrease could not be kept under 4 percent as targeted, according to thepricing management committee.

In concluding the session, DeputyPrime Minister Trinh Dinh Dung assigned the MARD and the Ministry of Industryand Trade to coordinate with localities and businesses to bring down theproduction costs of the livestock industry, and intensify the management ofprices on the market and intermediary costs in distribution.

The ministries are also asked tobuild plans to expand the pig herds while ensuring supply-demand balance./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.