Vietnam allows import of live pigs to cut skyrocketing pork prices
Vietnam plans to import live hogs for the first time in a bid to fight the skyrocketing pork prices in the domestic market, according to the Ministry of Agriculture and Rural Development.
by Xuan ThinhThe ministry will put the import under tight monitoring and control to prevent epidemic that may worsen situation in the local market where the African swine fever outbreak has returned in some localities.
The country may import the pigs from Thailand and the first shipments will arrive shortly. The ministry said it will also create the best conditions for the import of breeding pigs to help local farmers to recover herds.
The ministry’s Department of Animal Health has got greenlight to study the risks of pig import based on documents submitted by export nations.
As of April 2020, the total number of breeding pigs in the country was at 2.86 million, an increase of more than 100,000 compared to end-2019. The number of breeding pigs was around 4 million between 2015 and 2018 period, according to agricultural ministry’s data.
In 2019, when the African swine fever outbreak happened the number of breeding pigs fell to 2.72 million, affecting severely to pork supply in the domestic market.
Prime Minister Nguyen Xuan Phuc ordered ministries and localities to keep the pork price low. The government recommended price is VND70,000 ($3) per kilogram, which insiders said is almost impossible to achieve due to the shortage of market hogs.
► Vietnam seeks to cut pork prices by importing 20,000 pigs from Thailand
► Vietnam’s pork shortage spikes Thai agro-industrial and food conglomerate’s incomes
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