A chicken production line of CP Vietnam Corporation in Phu Nghia Industrial Park in Hanoi (Photo: VNA)Hanoi (VNS/VNA) - The price ofindustrially-farmed chicken in Vietnam’s southern region has dropped asbusinesses imported too many chicken products from foreign countries.
This month witnessed a drop in domestic chickenprices of more than 10,000 VND (0.4 USD) compared with the previous month,touching 20,000-22,000 VND per kilo of white-feather chicken and by 9,000-12,000VND to 25,000-26,000 VND per kilo of coloured-feather chicken.
According to Deputy Chairman of the AnimalLivestock Associations in the southeast region Nguyen Van Ngoc, the price ofrice bran has risen continuously, partly causing chicken farmers to lose 2,000-4,000VND per kilo of chicken.
“The main reason is that too many importedchicken products have been shipped to Vietnam, especially the kind of toughchicken (at about 25,000 VND per kilo), causing a rapid increase in supply.Domestic chicken failed to compete and so its price has dropped,” said Ngoc.
Statistics from the General Department of VietnamCustoms showed that the country imported more than 105,000 tonnes of chickenmeat in the first seven months of this year, equivalent to 85 percent of lastyear.
Deputy Director of the general department’s Import and ExportDepartment Le Manh Hung said that in tax calculation, there were many factorsadding to the taxable price, but many enterprises may not have fully declaredsuch figures, intending to hide or neglecting to inform the General Departmentof Vietnam Customs.
“We have adjusted the tax rate after checking.There are quite a lot of cases adjusted to 30 percent compared with thebusinesses’ previously declared price,” Hung said, “However, this is not themain factor causing the imported chicken price to be cheaper than the domesticone.”
Hung said the imported chicken meat was mainlychicken wings and thighs, parts which were popular among Vietnamese consumers.Meanwhile, foreigners prefer to eat chicken breast, so they sell chicken wingsand thighs at cheaper prices.
In addition, Hung said imported chicken productswere cheaper because the foreign countries often raise chicken on large-scalefarms with thousands of chickens. “The farms use modern automation and labouris minimal while they are proactive in food and veterinary medicine. Therefore,the price of their chicken is cheaper than that of Vietnam.”
In 2017, the country imported 122,714 tonnes ofchicken of all kinds with total value of 111.6 million USD.-VNS/VNA
This month witnessed a drop in domestic chickenprices of more than 10,000 VND (0.4 USD) compared with the previous month,touching 20,000-22,000 VND per kilo of white-feather chicken and by 9,000-12,000VND to 25,000-26,000 VND per kilo of coloured-feather chicken.
According to Deputy Chairman of the AnimalLivestock Associations in the southeast region Nguyen Van Ngoc, the price ofrice bran has risen continuously, partly causing chicken farmers to lose 2,000-4,000VND per kilo of chicken.
“The main reason is that too many importedchicken products have been shipped to Vietnam, especially the kind of toughchicken (at about 25,000 VND per kilo), causing a rapid increase in supply.Domestic chicken failed to compete and so its price has dropped,” said Ngoc.
Statistics from the General Department of VietnamCustoms showed that the country imported more than 105,000 tonnes of chickenmeat in the first seven months of this year, equivalent to 85 percent of lastyear.
Deputy Director of the general department’s Import and ExportDepartment Le Manh Hung said that in tax calculation, there were many factorsadding to the taxable price, but many enterprises may not have fully declaredsuch figures, intending to hide or neglecting to inform the General Departmentof Vietnam Customs.
“We have adjusted the tax rate after checking.There are quite a lot of cases adjusted to 30 percent compared with thebusinesses’ previously declared price,” Hung said, “However, this is not themain factor causing the imported chicken price to be cheaper than the domesticone.”
Hung said the imported chicken meat was mainlychicken wings and thighs, parts which were popular among Vietnamese consumers.Meanwhile, foreigners prefer to eat chicken breast, so they sell chicken wingsand thighs at cheaper prices.
In addition, Hung said imported chicken productswere cheaper because the foreign countries often raise chicken on large-scalefarms with thousands of chickens. “The farms use modern automation and labouris minimal while they are proactive in food and veterinary medicine. Therefore,the price of their chicken is cheaper than that of Vietnam.”
In 2017, the country imported 122,714 tonnes ofchicken of all kinds with total value of 111.6 million USD.-VNS/VNA
VNA
