European meat to conquer domestic market

(VOV) - European pork, beef and other meat imported into Vietnam skyrocketed more than 70 fold from 2012 to 2014, according to the General Department of Vietnam Customs.

Vietnam imported 971 tonnes of pork from the EU in the first half of this year, up 24.7% in volume and 63.5% in value against the corresponding period last year.

Meanwhile, 8,405 tonnes of European beef was shipped to Vietnam, equal to 40.8% of the figure in the same period last year.

Anna Olewnik – Mikolajewska, member of the Union of Producers and Employers of Meat Industry (UPEMI) and CEO of Zakaldy Miwsne Olewink – Bis Company revealed that around 100 European, including 45 Polish businesses, have been permitted to export meat to Vietnam.

Poland is the fourth largest meat exporter in the EU thanks to its advanced frozen preservation technologies.

Meanwhile, Michal Barzykowski from Danish Noridane Foods Company said Vietnam mainly imports chicken wings, thigh, tibia, pork ribs and beef tenderloin. However, high imported taxes have raised prices of European meat in Vietnam.

After the EU and Vietnam complete FTA procedures, imported taxes on meat products will be cut down to zero and then European meat will become very competitive in the Vietnamese market, said Michal Barzykowski.

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