McDonald’s had targeted to have 100 restaurants in Vietnam
McDonald’s first restaurant in Vietnam called McDonald’s Da Kao opened on February 8. McDonald’s set a target to open 100 restaurants in Vietnam by 2024.
According to the represent of McDonald’s in Vietnam, Mr. Nguyen Bao Hoang said, the first McDonald restaurant in Vietnam has 350 seats. Their target to have 100 new restaurants in Vietnam is possible. Theretofore, they will have around 10,000 employees.
Currently, there are 400 restaurants in Philippines, 260 in Malaysia, 195 in Thailand and 150 in Indonesia. Vietnam is the newest market in Southeast Asia.
http://vietstock.vn/2014/02/mcdonald8217s-va-muc-tieu-100-cua-hieu-tai-viet-nam-768-330897.htm
Supporting VND 3-5 billion for livestock facility
To encourage companies investing in agriculture, Vietnam will support VND 3 billion for each project that invest for livestock large scale concentration by the State budget. Particularly, Vietnam will support VND 5 billion per project for dairy breeding for building infrastructure for waste treatment, transportation, electricity, water, housing, pasture and equipment.
Investors with investment projects in aquaculture are supported VND 100 million for each 100 m3 cages.
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.
http://www.vietlinh.com.vn/library/news/2014/agriculture_livestock_news_show_2014.asp?ID=119
Vietnam’s milk market in 2013 and vision 2017
Vietnam’s milk market was strong development in 2013. Specific, the volume of milk has estimated reach 670,000 tonne, equally VND18 billions in 2013. It is forecast to grow to 1,000 tonne in volume, equally VND34, 000 billion in 2017. The volume of milk powder has estimated reach 70,000 tonne, equally VND28, 000 billion. It is forecast to grow to 90, 000 tonne, equally VND48, 000 billion in 2017.
In 2013, Vietnam had imported milk and milk product over USD1 billion, increased by 67.44% compared to 2012.
By 2020, Vietnam will expect reach 500,000 dairy cattle to supply 1 million tonnes milk per year.
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.vinanet.com.vn/tin-thi-truong-hang-hoa-viet-nam.gplist.288.gpopen.223954.gpside.1.gpnewtitle.nam-2013-thi-truong-sua-viet-nam-van-tang-truong-manh.asmx
Aquaculture situation in January 2014
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.
China Plans to reform its subsidized grain price policy
China will sever the link between produce prices and government subsidies to build price mechanism that benefits both customers and farmers, China’s top economic planner said. The reform will subsidize consumers when the market price is too high while giving farmers allowances when the market price is below the target, the National Development and Reform Commission (NDRC) said in one statement.
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.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.xiaomai.cn/html/news/20140208/334489.html
Vietnam: The volume of Mekong Delta seafood will expect increase by 400,000 tonnes in 2014
In 2014, the area of aquaculture farming in Mekong Delta has reached to 800,000 hectares, increased by 5,000 hectares compared to 2013, lead to Mekong Delta seafood will expect reach 2.4 million tonnes, increase by 400,000 tonnes compared to 2013.
Specially, there are 5,500-6,000 hectares for Tra catfish farming. It is expected reach 1.2 million tonnes.
However, only 50% hatchery reaches the standard to supply for farmers.
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.
http://baotintuc.vn/kinh-te/nam-2014-san-luong-thuy-san-dbscl-tang-hon-400000-tan-20140119193536135.htm
Vietnam's buffalo cattle imports from Australia
The first shipment with 600 buffalo cattle will depart from Australia to Vietnam next week.
According to ABC News, in the North of Australia is expected export 60,000 buffalo cattle to Vietnam each year.
http://www.thesaigontimes.vn/Home/kinhdoanh/xuatnhapkhau/109605/Sau-bo-den-luot-trau-Uc-vao-Viet-Nam.html
Situation of Vietnam seafood in January and target of year 2014
In January, 2014, Vietnam seafood exports were USD552 million, increased by 13.9% year-on-year. The target of USD6.7 billion Vietnam seafood exports will expect achievement.
Currently, the price of black tiger shrimp has reached VND300, 000 per kilogram (type 30 pieces per kilogram), the price of whiteleg shrimp has reached VND170, 000 per kilogram (type 60 pieces per kilogram).
According to General Secretary of Vietnam Association of Seafood Exporters and Producers (VASEP), Mr. Truong Dinh Hoe, while the Vietnam shrimp exports had reached USD3.1 billion in 2013 and will expect to keep in sales in 2014, the Vietnam Tra catfish exports will estimate USD1.6 billion, decrease by 5% year-on-year.
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://www.sggp.org.vn/kinhte/2014/2/339488/
Vietnam: decreasing price of live pig
According to the farmers at Long Thanh district, Dong Nai province, Vietnam, the price of live pig decreased by VND1, 000 per kilogram compared with the previous month. However, the price of live pig trends to decreasing in the next time.
Currently, the price of piglet breeding reach VND900,000-1,000,000 per pig but the piglet is scarce and the small farm have not enough breeding for expanding the herd.
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.
http://www.tintucnongnghiep.com/2014/02/ong-nai-heo-hoi-giam-gia.html
China's dairy industry looking at M & As
The heat of merger and acquisition activity in the domestic dairy industry is expected to reach its peak in May, with time ticking for smaller and medium-sized enterprises to find buyers, an industry insider has observed. Industry analyst Song Liang estimates that China's dairy industry will be further consolidated by this spring.
Since 2014's start, large dairy companies already have taken action. Leng Youbin, chairman of Feihe Dairy, a subsidiary of Feihe International, said it's time domestic infant formula companies merged. And on Jan 14, Feihe announced it would acquire Jilin Alfbeta Dairy Co Ltd.
After the acquisition, Alfbeta will keep its independent management in infant and children dairy formula distribution. Unique locations in Northeast China and advantages in dairy sources and distribution channels were said to be incentives for Feihe to make the acquisition.
Moreover, the move will facilitate Feihe's goal to further explore the southern market to increase market share, according to the company.
In December, Biostime International Holdings Ltd, a pediatric nutrition and baby care products provider in China, announced its acquisition of Changsha Yingke Nutrition Products Co Ltd for 350 million yuan ($57.3 million). The Changsha company is engaged in the manufacture of infant formula products. The acquisition will expand Biostime's production capacity for its new ADIMIL milk powder brand, which targets the high-end markets in fourth- and fifth-tier cities for business growth, according to Biostime. The acquisition of Changsha Yingke, to be earmarked for the production of ADIMIL, will boost annual infant formula milk powder production capacity by 30,000 tons to 50,000 tons, said Biostime. The move reflects Biostime's "going back" strategy, said Song.
Though the company has grown its business by utilizing foreign milk sources, it is reportedly eager to become more localized and to partner with domestic producers. Analyst Song said the ball is now in the court of buyer companies. Small and medium-sized companies that raised prices last year may find themselves being left behind if they haven't secured a buyer, he said. Companies with production permits and good dairy resources are being sought out. Song said that after this round of mergers and acquisitions, as well as the consolidation of manufacturing plants, product quality will greatly improve. Last year, the Ministry of Industry and Information Technology announced it would foster the growth of large dairy companies over the next two years and aims to cultivate 10 enterprises each with an annual sales revenue exceeding CNY 2 billion.
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://www.dac.com.cn/html/gndt-14012210062732015279.jhtm