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Update news Beef
The key issue concerning the beef cattle industry relates to cattle breeds. In Vietnam, breeds of beef cattle are mostly imported from Australia. Prior to 2019, a kilogram of live cattle breeds cost US$2.95.
VietNamNet Bridge - Live beef in Vietnam is the most expensive in South East Asia, which explains why Vietnamese businesses are now rushing to import Australian cows at low prices.
Vietnamese beef and litchis will be seriously affected by TPP Agreement in import and export markets. While beef will have to struggle to hold the home market, litchis will have to struggle to penetrate more foreign markets.
Viet Nam and France have agreed on the necessity to remove trade barriers in market approaches through bilateral dialogue, including Viet Nam lifting a ban on French beef.
Global carbon emissions from agriculture can be reduced by 50 to 90 percent by 2030 using strategies including eating less beef, reducing food waste and managing soil nutrients better,
VietNamNet Bridge – Vietnamese farmers now plan to do big business. They borrow money, grow seed, and set up large farms to breed Australian cows.