The price of live pig is VND 55,000 per kg (USD2.75)
From April to now, the price of live pig in the South of Vietnam has increased VND 5,000 per kg to reach VND 55,000 per kg due to scarce supply.
Meanwhile, the price of live pig in the North of Vietnam is lower at VND 10,000 per kg compared with the South; it’s about VND 44,000-45,000 per kg. Therefore, the live pig is transported from the North to the South for providing pork consumption demand.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China livestock industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
Vinamilk continuous to import dairy cattle
Vinamilk just imported other 200 pregnant dairy cows from Melbourne (Australia) on 19th May 2014. They are just only purebred Holstein Friesian, the average milk yields reach over 7,200 kg / cow / year in Vietnam (equivalent to milk productivity in European and higher than Asia).
From this satisfactory result, Vinamilk decided to import a large numbers of dairy cattle from Australia to rise rapidly dairy herd in Vietnam, to meet the demand for raw milk production for dairy processing plant of the company.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China dairy industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.thanhnien.com.vn/pages/20140520/vinamilk-tiep-tuc-nhap-bo-sua-20-5-2014.aspx
DOC revises up anti-dumping tariffs on tra fish
The U.S. Department of Commerce (DOC) has announced final results of the ninth Period of Administrative Review (POR 9) with anti-dumping tariffs imposed on Vietnamese tra fish up by 2.8 times from the rates determined last September.
Accordingly, compulsory defendant Vinh Hoan Corp enjoys a zero tariff while the rate for voluntary defendants is US$1.2 per kilogram compared to US$0.42 which DOC announced last September. There are 25 enterprises subject to the tariff of US$1.2 per kilogram, including Hung Vuong, while the other exporters must pay US$2.11.
Under the DOC’s preliminary determination last September, compulsory defendants had to pay anti-dumping tariffs of US$0.42 and 2.15 per kilogram while that of voluntary defendants was USD0.99. Seafood exporters in the Mekong Delta region said such adjustments would be of great help for Vinh Hoan Corp. to boost shipments to the U.S. but would hurt other exporters.
The prices of unprocessed tra fish remain high in the Mekong Delta region. Nguyen Ngoc Hai, head of An Thoi Tra Fish Cooperative in Can Tho City, said a kilogram of premium-grade tra was sold at VND25,000-26,000 and the grade-two type at VND24,000-24,500. With such prices, farmers can earn profit of VND2,000-3,000 per kilogram.
http://english.thesaigontimes.vn/34510/DOC-revises-up-anti-dumping-tariffs-on-tra-fish.html
Cargill expands animal feed mill in central Vietnam
Cargill said its animal nutrition business has completed the USD 20 million expansion of an animal feed plant in Binh Dinh Province to meet increasing domestic demand, particularly in central Vietnam.
Cargill said in a statement that the expansion increased the plant’s annual capacity to 240,000 tons from 60,000 tons and helped ensure feed safety, ingredient quality and product integrity for the market.
In 2012, Cargill committed to building more animal feed plants in the country in order to expand its animal nutrition business in Vietnam and meet customers’ demand for quality feed and to double its annual feed capacity to 1.5 million tons by 2015. The expanded facility in Binh Dinh Province allows Cargill to produce a total compound feed capacity of 1.4 million tons.
The facility is one of Cargill’s eight compound feed mills in different regions of Vietnam. The company said with the new expansion, it had invested more than USD/10 million in Vietnam’s livestock and aquaculture industry over the last 10 years.
Cargill said it had arranged farming workshops to provide more than 1.5 million Vietnamese farmers with training in practices in animal husbandry through to help raise farming productivity and incomes.
Cargill established its presence in Vietnam in February 1995 with the opening of representative offices in Hanoi and HCMC, and Cargill Vietnam Limited was formed. In December 2009, it became the first U.S. company to obtain a license to distribute products directly in this market.
http://english.thesaigontimes.vn/34417/Cargill-expands-animal-feed-mill-in-central-Vietnam.html
Developing dairy project at Soc Trang province
Soc Trang province is developing dairy breeding project with USD 300,000 of budget in 2014. The target of project: dairy herd increase from 4,700 cows to 6,000 cows; milk productivity reach 3,900 Kg/cow/cycle; fresh milk production hit 8,000 tons/year; grasslands area increase to 300 hectares. This project provides jobs for over 2,000 rural workers.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a through understanding of the Vietnam and China dairy industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.vietlinh.vn/library/news/2014/agriculture_livestock_news_show_2014.asp?ID=470
Update of pig market in Vietnam
Last week I visited Vietnam and discussed the current pig price with a number of farmers! It would seem that the industry has rebounded to high levels of profit!
The first three quarters of 2013 were tough for the market, high corn prices and lower pork prices. As a result a number of producers left the industry and as a result prices have increased! The industry is also enjoying lower corn prices and Vietnamese feed millers have taken this opportunity to increase stocks of corn and placed large orders for corn.
Asian Agribusiness Consulting has an office in Ho Chi Minh City and we assist our clients on market information, market entry and market access.
Please visit our website www.asianagribusinessconsulting.com or email This email address is being protected from spambots. You need JavaScript enabled to view it.
White-leg shrimp prices fall in Mekong delta
The prices of unprocessed white-leg shrimp in the Mekong Delta region have declined significantly in the past three months, forcing farmers to make early harvests for fear of losses. One kilogram of white-leg shrimp is now sold at VND109,000-165,000 (USD5.17-7.83) in the region, down by nearly VND10,000 per kilo compared to last week and over VND50,000 per kilo against the end of February.
The price of white-leg shrimp decreased because of the impacts of news about the anti-dumping tariffs on Vietnamese shrimp exports in the United States and stricter controls on antibiotic residues in Vietnamese shrimp shipments in Japan and the European Union. Fast expansion of white-leg shrimp farming in the region this year has also contributed to prices declining, with some 1,500 more hectares in Ca Mau Province compared to the end of 2013. As of late last month, Tra Vinh Province had had 35,300 hectares, up more than 29% over last year and the white-leg shrimp farming area had increased six-folds. Tiger prawn prices in the region have stayed stable, at VND215,000-285,000 per kilo.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.
http://english.thesaigontimes.vn/34365/White-leg-shrimp-prices-fall-in-delta.html
Enjoying Mc Donald’s Vietnam
McDonald’s first restaurant in Vietnam called McDonald’s Da Kao has opened on February 8th 2014 at 2-6 Bis Dien Bien Phu Street, Da Kao Ward, HCMC’s District 1.
The restaurant campus is nearly 3,000m2, with modern and comfortable design; it can serve a maximum of 350 customers at a time. Aside from a full range of services typical McDonald's global brand, Mc Donald’s Vietnam have some different points, such as, they have McPork (burger with pork), Vietnamese coffee. They open 24/24 and clients can drive through.
Their service is quick, orders are managed by machine. On the first day, there were over thousand clients to come to visit Mc Donald’s first restaurant. According to Nguyen Bao Hoang, McDonald's brand representative in Vietnam, “for the next 10 years, McDonald's hopes to open 100 restaurants spread across Vietnam”
Mc Donald’s Vietnam at night.
Enjoying Mc Donald’s Vietnamese coffee!
New beef cattle breed “Yunling” will become the 4th breed of beef cattle which was developed by China independently
“Yunling” is one three-breed cross high-quality type which is bred by Academe of grassland and animal of Yunnan, screening from tens of crossing breeds beef cattle. Yunnan Provincial Science and Technology Department show great passion on this project and has approved to appropriate funds for 3.8 million RMB. “Yunling” has passed the preliminary examination of national new livestock and poultry breeding.
Now base has 3,800 inventory foundation cows, 648 nuclear breeding cows in Yunnan. Six cooperating organizations have transferred 1,135 embryos, made 0.1 million doses BMY breed frozen semen, and propagated 23,291 BMY and cross breed beef cattle.
Asia Agribusiness Consulting(AAC) has researched the Chinese beef industry. Our report identifies the market size, trends and key features of this industry. To find out more details please email This email address is being protected from spambots. You need JavaScript enabled to view it.
Source: http://www.chinameat.cn/html/n1/1_1_0_0/2014-05-08/2014050810145209.shtml
Huishan Dairy and Friesland(Dutch) enter into exclusive talks on joint venture for infant milk formula in China
To expand their business and enrich their product line, Huishan Dairy plan to cooperate with Friesland to produce, market and sell high-quality infant milk formula in China.
Huishan will provide its high-quality raw milk from its own dairy farms in China to the joint venture and the joint venture will produce and market infant milk formula.
Both companies will continue to run their existing infant milk formula businesses separately. Huishan will carry on marketing its own brands. And Friesland’s Friso? brand will still be exclusively produced in the Netherlands and marketed by Friesland.
http://www.hesitan.com/nnyw_xjxm/2014-05-09/118897.chtml
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