Agriculture competitiveness is still low
Despite a number of positive results in 2013, local agriculture has yet to improve many weak points from the past few years, with poor cooperation and the low yield and quality eroding the industry’s competitiveness. The husbandry industry has experienced the biggest difficulties as the selling prices of products have constantly fallen while the feed prices have risen sharply, which has driven many companies and farmers to huge losses.
Regardless of the aforesaid difficulties, the industry brought home an estimated USD 27.5 billion from exports, a slight rise of 0.7% year-on-year. The good performance is attributed to the strong growth of seafood items holding an export growth rate of more than 10% year-on-year to USD 6.7 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 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://english.thesaigontimes.vn/Home/business/vietnam-economy/32668/Agriculture-competitiveness-is-still-low.html
Shuanghui International Holdings Ltd Mergers and Acquisition Spain’s Campofrio
Nov 27 - China's Shuanghui International Holdings plans to launch a counterbid for Spanish meat processor Campofrio, citing sources close to a major financing deal for the Chinese group.
Campofrio, a household name in Spain whose products include hot dogs and canned ham, is the target of a 6.8 Euros-per-share takeover offer from Mexican frozen food company Sigma Alimentos, valuing the company at 695 million Euros ($943 million).
Shuanghui inherited a 37 percent stake in Campofrio when it bought U.S. pork producer Smithfield Foods for $4.7 billion earlier this year.
It said in September it planned to reduce the holding to less than 30 percent by December, below the threshold which would require it to make a full takeover bid under Spanish market rules, and giving it time to consider its options. However, after signing an $8 billion credit line with the Bank of China on Wednesday to finance its international expansion, Spanish daily El Mundo said Shuanghui now plans to fight for control of Campofrio. Shares in Campofrio closed on Wednesday up 0.14 percent at 7.20 Euros. ($1 = 0.7367 Euros)
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.ixumu.com/forum.php?mod=viewthread&tid=462077&from=portal
Wens listed hogs break ten million heads
On 28th, December, Guangdong Wens Foods Group held a celebration ceremony that over ten million hogs to the market and now is ranking number one in Asia and the second place only to Smithfield Foods INC in the world.
Wens took 16 years to develop hog industry since 1997, from 0 to 10 million. And Wens now have developed hog subsidies in 19 provinces including Guangdong, Hainan, Jilin and Inner Mongolia, etc. “If we stay this speed we can be the first place hog company in the world after 3 years .” one top management said during the creamery.
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.
Vietnam imported corn over 1.7 billion tonnes in 2013
In the first 11 months of 2013, Vietnam imported corn from the foreign market reached 1,712,539 tons, valued at USD 546,409,129, a 13.48% of volume and 17.55% of value increased compared with the same period last year.
Vietnam imported corn from seven markets, including India continuous being the biggest supplier with 1,003,391 tons of corn, valued at $ 300,463,072, a 7.18% of volume and 0, 98% of value decreased compared with the same period last year. Other markets are Brazil (with 434,116 tonnes); Argentina (147,528 tonnes). These three markets accounted for 85.5% of total import value of corn in the first 11 months of 2013.
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://vinanet.com.vn/tin-thi-truong-hang-hoa-viet-nam.gplist.294.gpopen.222335.gpside.1.gpnewtitle.nhap-khau-ngo-tang-ca-luong-va-tri-gia.asmx
Vinamilk licensed to buy into U.S. firm
Vietnam Dairy Products Joint Stock Company (Vinamilk) has received an investment certificate for the acquisition of a 70% stake worth USD 7 million in Driftwood Dairy Holding Corporation based in the U.S. State of California. Driftwood Dairy Holding Corporation is a producer and distributor of dairy, juice and snack food products.
In addition to the U.S., Vinamilk has invested in New Zealand by holding a 20% stake in Miraka Limited, and has been licensed to develop a dairy factory in Cambodia next year. The firm looks to earn VND32.5 trillion and VND6.23 trillion in revenues and profits respectively this year. In the January-September period, Vinamilk’s revenues increased by 17% year-on-year to over VND23.2 trillion while it earned a profit of over VND5 trillion, up 21%.
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/Home/business/corporate/32356/Vinamilk-licensed-to-buy-into-US-firm.html
Tien Giang to stock 3,500 hectares of shrimp
In 2014, farmers in Tien Giang province will stock 3,500 hectares of black tiger shrimp and white leg shrimp under the model of intensive and semi-intensive farming. Besides, 2,046 hectares of black tiger shrimp will also be stocked under the model of renovated extensive shrimp farming.
So far this year, farmers in the province have stocked 5,436 hectares of brackish water shrimp and harvested 12,513 MT. Thanks to increase in shrimp price, local shrimp farmers can earn high profit.
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.seafood.vasep.com.vn/Daily-News/51_8760/Tien-Giang-to-stock-3500-hectares-of-shrimp.htm
Vietnam’s live black tiger shrimp returned China after the ban
Vietnam’s live black tiger shrimp has been allowed to enter Chinese market after the ban set by the market since October 2012.
Vietnam’s relevant authorities guided exporters inspection and certification procedures of consignments of live black tiger shrimp and live fish products exported to China under new Health Certificate (HC).
To be granted HC by Vietnam’s relevant authorities, seafood exporters to China must provide full information on farms (names, location and codes if available) or names of districts and provinces where fish was caught.
Under China’s requirement, other live farmed fish exported to the market must be sourced from farms which have been granted codes.
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.seafood.vasep.com.vn/Daily-News/53_8845/Vietnams-live-black-tiger-shrimp-returned-China-after-the-ban.htm
Mengniu Launched “Future Star” Children Organic Milk
On 5th, January, 2014, Mengniu launched its new milk brand “future star” aimed to children milk market.
As the first domestic children milk brand, Mengniu Future Star milk has always been providing high quality children milk on the very strict standard, and this kind standard is being taken now as the industrial standard by authoritative institutes and the industrial players. Although children milk is a new area domestically, however, Mengniu Future Star milk takes the lead to explore and set the standard for the whole industry.
Sun Yiping, CEO of Menggui Dairy gave an address during the ceremony that each child has his own dream and Future Star will accompany them to realize their dreams.
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://wb.sznews.com/html/2014-01/06/content_2745084.htm
Food market situation in 12/2013 and forecast in 2014
The Vietnam food market have been eventful when the price of pigs continuous keep at high level, while the prices of chicken and eggs decreased deeply, and the price of beef decreased due to compete with beef import.
The price of live pigs declined to VND 38,000-39,000 per kg in the middle of 2013, and then increased to VND 55,000 per kg in 12/2013.
The price of beef reached VND 230,000-245,000 per kg, a 2-3% decreasing compared with the previous months. Vietnam imported 60,000 cows in 2013, averaging 5,000 cows per month. Forecast, Vietnam will import 60,000 cows from Australia in 2014.
The price of chicken declined from VND 48,000 per kg in the beginning of 2013 down to VND 23,000-24,000 per kg in 12/2013. Forecast, this price will continuous decline to VND 20,000 per kg, the farmers was loss VND 10,000-12,000 per kg of profit.
Forecast, the demand of food will increase 15-18% in Tet festival.
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://vinanet.com.vn/tin-thi-truong-hang-hoa-viet-nam.gplist.290.gpopen.222570.gpside.1.gpnewtitle.thi-truong-thuc-pham-thang-12-nam-2013-va-du-bao-nam-2014.asmx
A booming of the shrimp export in Vietnam
In 2013, the total of seafood exports turnover had reached USD6.7 billion, increase by 10% year-on-year, in which the total of shrimp exports turnover had reached USD3 billion. Specialist, Vietnam has become the third largest country that supply shrimp product for global.
Because of advantage export, the price of raw shrimp has risen. In Ca Mau province, Bac Lieu province, Soc Trang province…, the price of black tiger shrimp has reached VND320, 000 per kilogram (type 20 shrimp per kilogram); VND250, 000 per kilogram (type 30 shrimp per kilogram); VND220, 000 per kilogram (type 40 shrimp per kilogram). This is the highest price since a few years ago. Moreover, the price of whiteleg shrimp has reached VND180, 000 per kilogram (type 60 shrimp per kilogram); VND166, 000 per kilogram (type 70 shrimp per kilogram); VND150, 000 per kilogram (type 80 shrimp per kilogram).
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.