VOV.VN - The Ministry of Commerce of Thailand has initiated plans to reduce pork exports to regional countries, including Vietnam, following an escalation in terms of domestic pork prices.
VOV.VN - With approximately 34,000 pigs killed across Vietnam as a result of a reoccurrence of the African swine fever, the country is on alert to guard against the potential spread of the disease.
The June consumer price index (CPI) rose 0.66% month-on-month and 3.17% year-on-year but was down 0.59% against December 2019, the General Statistics Office reported on June 29.
The first batch of 500 live pigs imported from Thailand arrived at a quarantine area in north-central Nghe An province on June 18.
The Russian media said on December 26 that a company in the central province of Kursk has been licensed to export pork to Vietnam, amid limited supply in the domestic market due to African swine fever.
Large livestock enterprises should keep pork prices in check despite limited supplies on the domestic market due to African swine fever, Minister of Agriculture and Rural Development Nguyen Xuen Cuong has said.
Pork prices have surged following the African swine flu outbreak in Vietnam, driving up prices of related food in supermarkets and restaurants.
Deputy Prime Minister Vuong Dinh Hue stated that this year’s inflation is controllable, at 3.3 – 3.9 percent, while chairing a November 18 meeting on the recent surge in prices of pork, an essential foodstuff.
The government has asked the agriculture ministry to look into increasing pork imports as supply plunges and prices reach 3-year high.
Deputy Prime Minister Vuong Dinh Hue, who is also head of the National Steering Committee on Price Management, has recently issued instructions to authorities to cope with rising pork prices.
As the number of pig breeding households continues to drop, a shortage of live pigs could result in high pork prices later this year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnamese pig farmers have been hit by the double whammy of slumping domestic pork prices and rising imports of cheap meat.