The ministry’s Livestock Department reported that Vietnam imported 262,321 live cattle and nearly 42,000 tonnes of meat (mainly beef with bone) worth a total of US$410 million. Meanwhile, the nation imported more than 6,500 tonnes of pork worth a total of about US$11.07 million, and more than 81,000 tonnes of poultry, valued at more than US$75.7 million. The department said imported meat was sold much cheaper than local produce. For example, United States and Australian beef cost from VND100,000-500,000 per kilo. Indian beef ranged from VND90,000-150,000 per kilo, while imported chicken prices ran from VND35,000-60,000 per kilo. Deputy director of the department, Tong Xuan Chinh, said Vietnam had an excess of pork. Production reached 29.1 million tonnes in 2016, causing the pork price crisis of 2017. The nation needs only about 27 million pigs to meet domestic demand, leaving a small volume for export. In term of poultry, Vietnam raised more than 385 million heads in 2017, a year-on-year increase of 6.6%. This amounted to more than 1 million tonnes of meat and more than 10 billion eggs. Domestic poultry output has met local demand and the gap between imports and exports is not large. Chinh said Vietnam seriously lacked red meat, mainly beef. The demand increased every year. The reasons related to huge changes in food consumption. People nowadays prefer beef to pork and chicken. Therefore, in 2017, domestic demand for beef had a year-on-year increase of 4-5% to about 260,000 tonnes. However, the local development of cattle grew at… [Read full story]
Vietnam is currently the largest among the emerging markets of SAP, a market leader in enterprise application software, with clients being major companies, said the firm's country manager. "SAP Vietnam has recorded extremely successful results, concluding a number of major deals with leading Vietnamese enterprises whose business and operations span across a diverse range of industries," Mr. Srinivas Adimulam said during a meeting with reporters in Ho Chi Minh City August 18. "I'm the managing director for emerging markets at SAP such as Cambodia, the Maldives, Nepal, Pakistan, Vietnam and so on but I spend most of my time in…... [read more]
Representatives of Vietnamese airlines have gathered for a recent vocational fair organized by the Vietnam Aviation Academy (VAA) in Ho Chi Minh City.In her speech, Vu Thi Kim Cuc, deputy head of the flight training center of national carrier Vietnam Airlines, stated that the airline had been aggressively seeking for new flight attendants since earlier this year.About 430 fresh flight attendants have been recruited so far, Cuc said, adding that another 100 similar positions are expected to be hired in October.“In order to meet the future demand of Vietnam’s aviation sector, Vietnam Airlines is anticipated to employ 700 new flight…... [read more]
(VOV) -The Vietnam government has given the green light to the importation of fresh and frozen meat from the US, Canada, Australia, and European Union (EU). At a recent press conference in HCM City, representatives of the Union of Producers and Employers of the Meat Industry (UPEMI) said they welcomed the opening of the market. It provides the opportunity for European-standard meat products to get a ‘vital foothold in this key market’ they said, adding that Vietnam is not just a new market, it’s the highest value market in the Southeast Asian region. The country with its young growing population,…... [read more]
Tuoi Tre newspaper reported Wednesday said demand is low for many products despite price cuts that reflect a 0.16 percent drop in the CPI in Ho Chi Minh City and 0.22 percent in Hanoi. In April prices in Ho Chi Minh City fell by 0.33 percent and in March by 0.29 percent. However, in the year-to-date prices nationwide are up 0.66 percent. Analysts blamed this on the ongoing economic troubles, which have caused people to stop spending. Nguyen Thanh Phung, a sales agent at a company in Ho Chi Minh City, is one consumer who has tightened her belt. She has stopped eating…... [read more]
Despite difficulties in the domestic and international rice markets, Vietnam's average rice export price is as high as larger rice exporting countries. At present, international markets have a huge demand of importing rice from Vietnam. According to the Ministry of Agriculture & Rural Development, although floods, drought and epidemic diseases continue to occur, Vietnam's rice production in 2010 is expected to meet its target of about 39 million tonnes. Cuu Long Delta alone is expected to produce 21.3 million tonnes of rice this year. This output is about 400,000 tonnes higher than last year. This additional amount can make up…... [read more]
