Feed industry situation in Vietnam
According the Director of Agromonitor company, Ms. Tran Ngoc Yen said, in 2013, the feed industrial has growth only 1.2%, nearly 13.4 million tons, the lowest level since 2011. While the aquatic feed production increased about 20%, the animal feed production decreased 3%.
Particularly in 2013, Vietnam imported about USD 3 billion of feed and raw materials. The Ministry of Industry and Trade forecasted that the growth rate of feed and raw materials imports will grew on average 20% per year in two next years.
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.This email address is being protected from spambots. You need JavaScript enabled to view it.
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