Hundreds of Thai pigs sold out
Nearly 500 pigs imported from Thailand sold out immediately at Ha Nam Wholesale Market.
Nguyen Viet Thinh, a trader from Thai Binh, said he bought 18 pigs which were all good quality. However, the prices were still a bit high. After being brought to the slaughterhouse, pork prices will not likely to go down much.
La Duc Quynh, chairman of Duc Tin Food JSC, said that the market was still short of supply. He hoped that the authorities would speed up the import process to bring more pigs to Vietnam and lower the pork prices. Quynh went on to say that they bought the pigs from Thanh Do Nghe An Company, after excluding the transportation fees, the cost was still as high as VND90,000 per kilo. He hoped the authorities would have some solution to lower the prices.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong said imported pigs were only a temporary solution to lower pork prices. According to the PM's directive, the ministry has worked with the Ministry of Industry and Trade and the Ministry of Foreign Affairs to create favourable conditions for import firms.
In the first five months, over 70,000 tonnes of pigs and pork have been imported, an increase of 300% compared to the same period in 2019. The ministry also helped firms import over 8,000 breeding pigs, increased by over 300% on last year.
Hundreds of Thai pigs sold out
Nguyen Viet Thinh, a trader from Thai Binh, said he bought 18 pigs which were all good quality. However, the prices were still a bit high. After being brought to the slaughterhouse, pork prices will not likely to go down much.
La Duc Quynh, chairman of Duc Tin Food JSC, said that the market was still short of supply. He hoped that the authorities would speed up the import process to bring more pigs to Vietnam and lower the pork prices. Quynh went on to say that they bought the pigs from Thanh Do Nghe An Company, after excluding the transportation fees, the cost was still as high as VND90,000 per kilo. He hoped the authorities would have some solution to lower the prices.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong said imported pigs were only a temporary solution to lower pork prices. According to the PM's directive, the ministry has worked with the Ministry of Industry and Trade and the Ministry of Foreign Affairs to create favourable conditions for import firms.
In the first five months, over 70,000 tonnes of pigs and pork have been imported, an increase of 300% compared to the same period in 2019. The ministry also helped firms import over 8,000 breeding pigs, increased by over 300% on last year.
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