Masan deepens strategic partnership with De Heus Vietnam, focusing on branded chilled meat

Masan deepens strategic partnership with De Heus Vietnam, focusing on branded chilled meat

Masan MEATLife ’s meat business has grown rapidly over the past three years and is on track to deliver $200 million in revenue in the fiscal year of 2021, while achieving double-digit EBITDA margins.
US pork industry improves access to Vietnam market

US pork industry improves access to Vietnam market

The White House announced that it had clinched improved market access for US pork, wheat and corn exports to Vietnam.
Japfa invests in high-tech pig farm in Binh Phuoc

Japfa invests in high-tech pig farm in Binh Phuoc

The high-tech pig farm by Japfa will provide clean and safe meat for the market and help build a sustainable husbandry industry for Vietnam.
Price of pigs dropping as supply mounts

Price of pigs dropping as supply mounts

The price of pigs has been dropping thanks to the increase of pigs imported from Thailand and the local supply.
Pork imports double on-year in first seven months

Pork imports double on-year in first seven months

In the first seven months, Vietnam imported twice as much pork as last year, with Canada, Germany, Brazil, and the US accounting for almost the entirety.
Pork prices stay high despite imports

Pork prices stay high despite imports

Although live pigs have been imported under the Vietnamese government’s order in an attempt to soothe the current hike in pork prices, domestic prices remain high, triggering a need for local authorities to apply more sturdy solutions.
Masan MeatLife sets a spike in profits despite struggling with pandemic

Masan MeatLife sets a spike in profits despite struggling with pandemic

Masan MeatLife targets a spike in profit as its parent company Masan Group has been submerged in losses due to the COVID-19 deadlock.
Price of pork rides high as supply refuses to rise

Price of pork rides high as supply refuses to rise

There is likely false play in the way livestock companies calculate the selling price of live pigs, which is helping them maintain stellar profits in spite of the government’s calls to stabilise prices.  
Price of pork climbs despite government urging

Price of pork climbs despite government urging

Following commitments made by livestock companies in response to government pressure, the price of live pigs and pork not only failed to decrease, it even rose.
Sticky prices of local fresh pork yield market to frozen imports

Sticky prices of local fresh pork yield market to frozen imports

People are switching to frozen meat as fresh pork remains at a higher price despite the country coming out of the African swine fever crisis several months ago.
Miratorg Group to export 50,000 tonnes of pork to Vietnam this year

Miratorg Group to export 50,000 tonnes of pork to Vietnam this year

Along with boosting imports from the US, Europe, and South Korea, the MARD is completing procedures to import pork from Russia's Miratorg Group.
Vietnam to increase pork imports to stabilise prices on the market

Vietnam to increase pork imports to stabilise prices on the market

Vietnam to boost imported pork from the US, Brazil, Laos, and Cambodia in case livestock companies in the local market cannot keep prices stable.
Domestic companies sign deals in livestock industry

Domestic companies sign deals in livestock industry

The Vietnamese livestock industry is expected to attract professional producers in the coming years.
New Year revellers await pork updates

New Year revellers await pork updates

After dramatic fluctuations of the price of pork during 2019, topped by a slight decrease in the first days of the New Year, prices are forecast to be unpredictable in the time coming, which will have a significant impact on the lives of low-income worker
Consumers begin to feel pork pinch

Consumers begin to feel pork pinch

The continuous price rise for Vietnam’s most favourite type of meat over the last few months, caused by the recent African swine fever outbreak, puts pressure on businesses and consumers alike, while simultaneously contributing to the increase of the cons
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