Vietnam seeks to export pork to China amid sharp price fall
>> Vietnam struggles to find pork, poultry export markets
The Vietnamese Ministry of Agriculture and Rural Development (MARD) has sent its representatives to China to seek outlets for local pork amid the product’s considerable price decline.
The information was given by Minister of Agriculture and Rural Development Nguyen Xuan Cuong at a seminar on April 24 on ways to save domestic pig breeders who are on the verge of bankruptcy.
According to Cuong, Vietnamese pork prices have reached a record low and are also the lowest in the world. At present, a pig is sold at between VND25,000 (USD1.13) and VND28,000 a kilo.
He blamed the situation for the oversupply of pork in the local market. Meanwhile, the processing technology remains weak, restricting preservation. To date, pork products are mainly domestically used, and just a small amount is exported.
The minister instructed to improve the pork processing technology to focus on export to foreign countries. In addition it was important to reduce livestock from the current 4.2 million sows to three million by 2020.
Pork demand in many ASEAN countries and China is quite big, so Vietnam should take advantage of this to boost exports. The ministry has sent its representatives to China to work on this.
A delegation from the Chinese Ministry of Agriculture will come to Vietnam to discuss the issue during APEC meetings in Vietnam.
The information was given by Minister of Agriculture and Rural Development Nguyen Xuan Cuong at a seminar on April 24 on ways to save domestic pig breeders who are on the verge of bankruptcy.
Vietnamese pork prices have reached a record low and are also the lowest in the world
According to Cuong, Vietnamese pork prices have reached a record low and are also the lowest in the world. At present, a pig is sold at between VND25,000 (USD1.13) and VND28,000 a kilo.
He blamed the situation for the oversupply of pork in the local market. Meanwhile, the processing technology remains weak, restricting preservation. To date, pork products are mainly domestically used, and just a small amount is exported.
The minister instructed to improve the pork processing technology to focus on export to foreign countries. In addition it was important to reduce livestock from the current 4.2 million sows to three million by 2020.
Pork demand in many ASEAN countries and China is quite big, so Vietnam should take advantage of this to boost exports. The ministry has sent its representatives to China to work on this.
A delegation from the Chinese Ministry of Agriculture will come to Vietnam to discuss the issue during APEC meetings in Vietnam.
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