Vietnam should enhance cooperation between State management agencies and commodity associations to jointly build a value chain for Vietnam's livestock industry.
Seventeen large investment projects in the agriculture sector with total investment capital of VND20 trillion became operational in 2019.
The Vietnamese animal feed market is considered very promising with the value of $6 billion a year. However, feed producers have faced difficulties because of African Swine Fever (ASF).
The Vietnam Poultry Livestock Association, which met late last week, expressed its concern about the massive imports of chicken, saying that it will kill the domestic husbandry industry.
The amount of pork imported to Vietnam in the first four months of the year was six times higher than that in the entire year of 2018. The import price is VND5,000-7,000 per kilogram lower than the domestic price.
The volume of pig, chicken and pork imports has soared recently. Buyers and sellers conduct transactions easily online.