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Based on a report from the Ministry of Industry and Trade’s Department of Domestic Market Management and Development, Vietnam holds fourth place globally and tops the ranks in Southeast Asia in terms of pork consumption. Forecasts predict that by 2025, each…
BE Campbell, an Australian pork processing company, has recently obtained an investment from Allegro Funds as part of their growth strategy. The Sydney-based, third-generation family business employs over 750 individuals and provides services to supermarkets,…
A recent Facebook post by Jonny Lieu—who claims to be a former C.P. employee—has ignited significant concern regarding the safety of meat products produced by C.P. Vietnam, a major player in the country’s meat industry. The post, which circulated widely,…
Major pork producers posted losses in the last quarter of 2022 as animal feed costs rose and consumer demand dropped as people tightened spending. Dabaco Vietnam, the country’s biggest husbandry firm, recorded a VND79 billion ($3.34 million) loss in the last…
Import pork prices have fallen to a record low at half their domestic equivalents due to modest demand at restaurants and hotels. Import pork prices have fallen by 36-40% year-on-year with ribs costing around VND88,000 ($3.76) per kilogram, half the domestic…
Vietnamese families have been consuming less pork in recent months as prices increased, switching to other sources of protein like chicken and eggs. Ngoc Thao from HCMC, 32, said that one kilogram of bacon now costs between VND150,000-180,000 ($6.43-7.72),…
Frozen pork imports nearly tripled in the first 10 months of this year to 332,000 tons, according to the General Department of Vietnam Customs. Also imported were 350,000 pigs on the hoof from Thailand, a 50 percent increase year on year. Together they cost…
Vietnam has imported 141,140 tons of pork and related products in 2020, up 382 percent year-on-year, the General Department of Vietnam Customs has reported. The import value in 2020 increased 503 percent to $334.44 million, it said. The rising pork imports…
Low supplies courtesy of the African swine flu epidemic have pushed pork prices up 29.6 percent from a month earlier. Small-scale farmers in the northern region were selling pork at VND92,000 ($4) per kilogram, up 29.6 percent from the five-year high of…
Rising prices of pork and processed meat raised the November consumer price index (CPI) a record 0.96 percent over the previous month. Dwindling supply of pork following the African swine flu outbreak in Vietnam saw prices of pork and other processed meat…
Pork prices have surged following the African swine flu outbreak in Vietnam, driving up prices of related food in supermarkets and restaurants. Over the last two months, the prices of pork products at many supermarkets and food stores in Ho Chi Minh City rose…
The government has asked the agriculture ministry to look into increasing pork imports as supply plunges and prices reach 3-year high. The order, signed by Deputy Prime Minister Vuong Dinh Hue, seeks to stabilize pork prices, which have been surging since…
Vietnamese traders are exporting pork to China despite forecasts of declining domestic supply due to outbreaks of the African swine fever. Tam, who buys pork in the south, said his exports to China have increased in the last two months, and fetch a margin of…
Michelin-starred chicken rice restaurant Liao Fan has opened its first Malaysia outlet. Located in Ipoh, Chan Hon Meng’s birthplace, the outlet attracted a big crowd and all the food sold out on the soft-opening day last week. Singapore’s street food hawker…
Some countries and terriories are banning pork imports from Vietnam following the recent outbreaks of African swine fever in the country. Violators of the ban face fines and even imprisonment. Taiwan has announced that Vietnamese people coming in with pork…
Vietnamese farmers have been hit by a glut in supply for months.
