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.
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