return icon Vietnamnet.vn

Vietnam imports 16,000 Australian cows a month

VietNamNet Bridge - Vietnam needs to import 16,000 Australian cows to satisfy the high demand of the domestic market. There is no other supply source bigger and more competitive to replace Australia.

VietNamnet Bridge - Vietnam needs to import 16,000 Australian cows to satisfy the high demand of the domestic market. There is no other supply source bigger and more competitive to replace Australia.

{keywords}

The cow imports from Australia increased sharply in recent months after a period of interruption earlier this year, when the Australian government decided to suspend cow exports to some slaughterhouses in Vietnam after reports about inhumane slaughter.

The director of a company specializing in importing and distributing Australian cows told the press that 16,000 cows are imported to Vietnam a month and the figure would be increasing.

“I am sure the imports will be increasing because there is no other source of supply which can provide products in large quantity and offer competitive prices,” he said.

On December 10, Dong Ha Company opened a shop specializing in distributing Australian beef in Can Tho City. 

Dong Ha’s director Le Thi Kim Thu said the company plans to import 2,000 Australian cows in the first consignment, while the import volume in the next months will be based on the market demand.

Vietnam needs to import 16,000 Australian cows to satisfy the high demand of the domestic market. There is no other supply source bigger and more competitive to replace Australia.
Thu said this is the first closed and professional slaughtering line in Mekong Delta. “We choose healthy and safe cows in accordance with Australian ESCAS (Exporter Supply Chain Assurance System) and Vietnamese safety standards,” she said.

Thu went on to say that the company plans to open more shops and first-class sales agents in other districts in December. In a longer-term plan, it will bring Australian beef into supermarkets, traditional markets, restaurants and hotels in Mekong Delta and HCMC.

Vietnam not only imports cows from Australia, but also imports beef from Europe. A report from the Ministry of Agriculture and Rural Development (MARD) showed that in the first nine months of 2016, imports from Europe were 15 percent higher than imports in 2015.

In 2014, Vietnam imported 1,700 tons of beef from Europe. The figure soared to 11,000 tons in 2015. More than 200 exporters in European countries have the licenses to provide beef to Vietnam.

High-end Indonesian beef products have also been seeking a way to enter the Vietnamese market. Safuan Kasno Soewondo, vice president of PT Santosa Agrindo, attended the 14th international trade fair organized in HCM City some days ago to introduce beef to Vietnam and seek distributors.

Analysts have warned that imports will be a threat to the domestic husbandry industry. The Vietnam Livestock Association also admitted that high production costs make it difficult for domestic enterprises to compete with imports, especially when trade barriers are removed within the framework of FTAs.

related news

Kim Chi

MORE NEWS

Carbon market to help achieve net zero emissions

Greenhouse gas emissions in Vietnam increased rapidly over the past three decades in direct proportion to the economy’s growth.

VIETNAM NEWS HEADLINES SEPTEMBER 29

Buckwheat Flower Festival returns to Ha Giang in November

Vietnam welcomes 1.87 million foreign visitors in nine months

Vietnam welcomed about 1.87 million international arrivals in the first nine months of this year, 16.4 times higher than the same period last year but much lower than that in the same time in 2019 before COVID-19 broke out.

Close to 123,000 sea turtles released back to sea

The Con Dao National Park in the southern province of Ba Ria-Vung Tau released 122,867 baby turtles into the ocean between January and September.

Vietnamese, Danish friendship blossoms over the years

Many foreigners have enjoyed diverse landscapes, authentic local food, endless love, eternal friendship, and a favourable investment environment in Vietnam.

China imports less glutinous rice from Vietnam

The proportion of glutinous rice in total rice exports to China has fallen from 74 percent to 48 percent.

Vietnamese artists to appear in Norwegian play

Several talented local artists from the Vietnam Youth Theater have been invited to perform in 'Hedda Gabler', a classic play which is considered to be one of the outstanding works of Norwegian writer Henrik Ibsen.

Minor improvements seen in the transparency of provincial budgets

The average ranking of budget transparency for localities in 2021 was 69.53 points out of 100, a rise of just 0.44 points compared to 2020.

Pianist Nguyen Dang Quang returns home for concert of classical music

Piano player Nguyen Dang Quang, son of composer Quoc Trung and renowned artist Thanh Lam, is a fresh and promising presence at the event.

VN central bank acts to tighten the Vietnamese dong liquidity

A recent money market report of Saigon Securities Incorporation (SSI) showed the SBV last week net withdrew a total of VND34.6 trillion through the OMO channel.

Vietnam needs to improve human resources in digital age: World Bank

To reach the goal of becoming a high-income country by 2045, Vietnam needs to quickly improve the quality and quantity of its human resources.

Vietnam’s GDP rises by 13.67% in third quarter: statistics office

Vietnam’s gross domestic product (GDP) grew by 13.67% in the third quarter, according to the General Statistics Office (GSO).

Ministry of Culture demands strict supervision of beauty contests

Culture, Sports, and Tourism Minister Nguyen Van Hung has signed a directive strengthening state supervision of a variety of cultural and artistic activities, including beauty pageants and modelling contests.

VIETNAM BUSINESS NEWS SEPTEMBER 29

Vietnam to become “new Asian tiger”: Italian journal

Vietnam to become the worlds chip production center

In the first eight months of this year, phones and electronic components have the most prominent export turnover in our country, reaching nearly 40 billion USD.
back_to_top