Vietnam’s restructured livestock industry
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Vietnam’s restructured livestock industry

Posted by | December 16, 2014 |

The Vietnamese Ministry of Agriculture and Rural Development has proposed a restructuring plan affecting the livestock industry in the country.

Austfeed CEO Dao Manh Luong, in his presentation on the Vietnamese livestock industry, said circulars from the government outlined the restructuring plan affecting livestock production in te country.

He said pig production in the Red River Delta would decrease from 25.74% last year to 15% in 2020.

Production in the Northwest and Northeast, meanwhile, would increase from 24.1% last year to 30% in 2020. The north central region will see an increase from 19.38 to 24% in the same period while the central highlands from 6.58% to 15% in the same period.

Poultry will maintain its production in the Red River and Mekong River Delta areas while production in the central highlands will see an increase in production from 5.5% to 20%.
Duck too will maintain its production figures in the Red river and Mekong River Delta areas, and see an increase in production in the northwestern from 9.48% to 15%, and the central coast from 23.3% to 31%.

He said the government wants to create a more efficient and productive animal protein industry. “it also aims to increase the consumption of milk, egg and meat by the year 2020,” he said.

Michael Boddington from Asian Agribusiness Recruitment Training Development (AARTD) has been involved in agribusiness in Asia since 2000. AARTD has office both in Vietnam Ho Chi Minh City and China Beijing. So AARTD has a thorough understanding of the Vietnam and China agribusiness 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: michael@aartd.com

Source: www.asian-agribiz.com

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