TIẾNG VIỆT Vietnam seeks to cut pork prices by importing 20,000 pigs from Thailand
The first batch of 250 pigs from the country and they are expected to start producing piglets by the end of this year. Photo: Pixabay.com
The Viet Duc Nutrition Company has imported the first batch of 250 pigs from the country and they are expected to start producing piglets by the end of this year, a new website run by the Vietnam Customs Office cited Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
The ministry is creating favorable conditions, encouraging enterprises to import breeding pigs from abroad to meet the demand of re-breeding herds after African swine fever.
The outbreak was detected in February 2019. Vietnamese farmers were forced to cull more than six million pigs, equivalent to 20% of Vietnam’s pig herd, resulting in higher pork prices.
The high pork prices have been putting high pressure on inflation which the government is striving to keep under 4% this year.
In the first 4 months of 2020, food prices increased by 13.65% over the same period last year, adding 3.08% to CPI increase. Pork price increased by 61.5% over the same period last year.
Bringing pork price to VND60,000-65,000 VND per kilogram is an important factor to realize the 4% inflation this year.
Prime Minister Nguyen Xuan Phuc has instructed ministries, agencies, and localities to focus on promoting production, husbandry, strengthening re-herd, balancing supply and demand to control pork prices.
