Along with boosting pork imports from traditional markets like the US, Europe, and South Korea, the Ministry of Agriculture and Rural Development has accelerated to completing procedures to import pork from Miratorg Group, Russia’s largest meat producer.
|Miratorg Group to export 50,000 tonnes pork to Vietnam this year |
The ministry (MARD)connected Miratorg with Masan so that two parties can co-operate with each other to bring pork to Vietnam.
The representative of Miratorg expects that this year, the group will export over 50,000 tonnes of pork to Vietnam and the figure will increase year by year. As of now, the group exported 3,300 tonnes to Vietnam, including the latest batch of 200 tonnes on March 7.
Along with Miratorg, the MARD also proposed two other Russian firms to complete procedures, including local and international paperwork to be allowed to export pork to Vietnam.
The government requested reducing the price of live pigs to VND60,000 per kg ($2.61), however, prices still move in the VND72,000-85,000 ($3.13-3.70) range.
According to statistics published by the Department of Animal Health, as of March 15, Vietnam imported 25,300 tonnes of pork and processed pork products, up 205 per cent on-year. 29.35 per centof this came from Canada, 19.43 per cent from Germany, and 11.83 per cent from Poland.
Russia exports about 1.8 million tonnes of beef, 1.6 million tonnes of chicken and 3.6 million tonnes of pork a year. The capacity of Miratorg alone reaches 400,000 tonnes of pork this year and the figure will increase to 900,000 in the next two years.
Along with boosting pork imports, the government ordered the inspection of big pork producers in Vietnam as part of its efforts to stabilise prices and rein in inflation in 2020, which was at a seven-year high in January.
Accordingly, the Ministry of Industry and Trade (MoIT) will soon establish an inspection team to inspect large pig farms, particularly regarding their compliance with the laws on monopoly, competition, and trade fraud.
The government has also ordered the MoIT to work with relevant agencies and enterprises to import about 100,000 tonnes of pork until the end of March, so that food prices can be stabilised soon.