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Tag: pork

Retail Asia10/02/2023
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Food

Pork producers struggle with losses last quarter

4min0
Major pork producers posted losses in the last quarter of 2022 as animal feed costs rose and consumer demand dropped as people tightened spending. Dabaco Vietnam, the country’s biggest husbandry firm, recorded a VND79 billion ($3.34 million) loss in the last quarter, the first quarterly loss in five years. BaF Vietnam saw expenses exceed revenue […]
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Retail Asia26/08/2022
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Food

Imported pork prices dip to record low over low demand

2min0
Import pork prices have fallen to a record low at half their domestic equivalents due to modest demand at restaurants and hotels. Import pork prices have fallen by 36-40% year-on-year with ribs costing around VND88,000 ($3.76) per kilogram, half the domestic figure. Hanh, a pork seller in Ho Chi Minh City’s District 12, said that […]
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Retail Asia04/07/2022
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Food

Vietnamese fork out less for pork

8min0
Vietnamese families have been consuming less pork in recent months as prices increased, switching to other sources of protein like chicken and eggs. Ngoc Thao from HCMC, 32, said that one kilogram of bacon now costs between VND150,000-180,000 ($6.43-7.72), depending on whether it is purchased at a traditional wet market or a supermarket. Cheaper cuts […]
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Retail Asia07/12/2021
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Food

Pork imports nearly triple

1min0
Frozen pork imports nearly tripled in the first 10 months of this year to 332,000 tons, according to the General Department of Vietnam Customs. Also imported were 350,000 pigs on the hoof from Thailand, a 50 percent increase year on year. Together they cost US$617 million. Its five biggest pork suppliers were Russia, Germany, Brazil, […]
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Retail Asia09/02/2021
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Food

Pork imports surge 382 percent

1min0
Vietnam has imported 141,140 tons of pork and related products in 2020, up 382 percent year-on-year, the General Department of Vietnam Customs has reported. The import value in 2020 increased 503 percent to $334.44 million, it said. The rising pork imports are attributed to the low domestic supply caused by the Covid-19 pandemic, African swine […]
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Retail Asia26/12/2019
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Food

Pork prices keep rising to new highs

3min0
Low supplies courtesy of the African swine flu epidemic have pushed pork prices up 29.6 percent from a month earlier. Small-scale farmers in the northern region were selling pork at VND92,000 ($4) per kilogram, up 29.6 percent from the five-year high of VND70,000 ($3) that was reached last month. Industry insiders said the rise followed price increases […]
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Retail Asia09/12/2019
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Food

Pork prices push November inflation to 9-year high

2min0
Rising prices of pork and processed meat raised the November consumer price index (CPI) a record 0.96 percent over the previous month. Dwindling supply of pork following the African swine flu outbreak in Vietnam saw prices of pork and other processed meat products to soar in November, leading to the biggest CPI increase in 9 years, […]
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Retail Asia28/11/2019
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Food

Pork price hikes drive up related food costs

4min0
Pork prices have surged following the African swine flu outbreak in Vietnam, driving up prices of related food in supermarkets and restaurants. Over the last two months, the prices of pork products at many supermarkets and food stores in Ho Chi Minh City rose 5-25 percent. For instance, the price of pork sausages has risen […]
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Retail Asia29/10/2019
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Food

Vietnam considers more pork imports as prices surge

3min0
The government has asked the agriculture ministry to look into increasing pork imports as supply plunges and prices reach 3-year high. The order, signed by Deputy Prime Minister Vuong Dinh Hue, seeks to stabilize pork prices, which have been surging since earlier this month and are now at a 3-year high of VND60,000-70,000 ($2.6-3) per […]
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Retail Asia07/03/2019
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Food

Chicken rice eatery Liao Fan opens in Malaysia

1min0
Michelin-starred chicken rice restaurant Liao Fan has opened its first Malaysia outlet. Located in Ipoh, Chan Hon Meng’s birthplace, the outlet attracted a big crowd and all the food sold out on the soft-opening day last week. Singapore’s street food hawker Chan Hon Meng made headlines in 2016 when his soy-sauce chicken rice dish received […]
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Retail Asia06/03/2019
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Food

Vietnamese pork banned in several countries

3min0
Some countries and terriories are banning pork imports from Vietnam following the recent outbreaks of African swine fever in the country. Violators of the ban face fines and even imprisonment. Taiwan has announced that Vietnamese people coming in with pork products would be fined about $6,500, according to Vietnam’s Ministry of Foreign Affairs. The fine […]
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Retail Asia29/05/2017
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Food

Vietnam to export pork to China amid supply glut

4min0
Local farmers have seen prices fallen sharply as a surplus of 200,000 tons of pork is expected this year. Vietnam is working to export some of its pork to China soon, a deal that could help many farmers stricken by an oversupply and massive price drops. Necessary procedures are being finalized and China will only […]
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Retail Asia16/05/2017
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Food

Pork prices plummet again, testing farmers

11min0
Farmers need to be rescued again as prices of yet another item collapses. In recent days pork prices have dipped to a record low and also the lowest in the world. Pig on the hoof is sold at VND25,000-VND28,000 (US$1.11-1.24) per kilogramme. The situation is blamed by market observers on oversupply of pork. The Ministry of […]
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Retail Asia05/04/2017
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Food

Problems with City pork plan

2min0
HCM City’s technology-based programme to control and trace the origin of pork that began recently is encountering difficulties, according to the Department of Industry and Trade. Speaking at a regular department press briefing, Nguyễn Phương Đông, its deputy director, said 713 pig farms have registered to participate in the programme, but only 99 put rings […]
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