return icon Vietnamnet.vn

VN eyes boosting processed meat industry

The husbandry industry is hoped to become a modern economic sector industrialised in all stages from production, processing, preservation and...

 

Meat Deli chilled pork. Viet Nam hopes to promote the processed meat industry.

 

According to the husbandry development strategy for 2021-30 with a vision to 2045 approved by Prime Minister Nguyen Xuan Phuc on Tuesday, all meat must be supplied from centralised slaughterhouses by 2045. More than 70 per cent must be processed, 30 per cent of which must undergo deep processing.

The husbandry industry is hoped to become a modern economic sector industrialised in all stages from production, processing, preservation and distribution.

Viet Nam targets entering the leading group of countries in Southeast Asia in terms of husbandry production capacity.

Attracting investment to the processed meat industry is necessary to improve product quality, added value as well as competitiveness with imported products and promote consumption and export for the domestic husbandry industry.

Early this month, Masan MEATLife Joint Stock Company, a member of Masan Group, launched a VND$1.8 trillion (US$77.5 million) meat processing plant in Tan Duc Industrial Park, Long An Province. The plant has the capacity of processing 1.4 million livestock per year.

In the first stage, the plant can process 140,000 tonnes of fresh chilled pork per year together with 15,000 tonnes of processed meat products such as braised pork, pork rolls and shredded pork.

The second phase will expand capacity to 25,000 tonnes a year and enable the production of 14,000 tonnes of pork by-products such as blood flour, plasma, collagen and meat and bone powder.

Masan two years ago opened a meat processing plant in Dong Van Industrial Park, Ha Nam Province, with the capacity to process 150-300 pigs per day.

Both plants were operated following the British Retail Consortium Global Standard for Food Safety.

This could be seen as an optimistic signal for the meat processing industry of Viet Nam which still has a number of limitations in terms of product quality, food safety and export capacity.

Experts have said that processing could greatly help increase the value of the livestock industry, especially for the $10 billion pork market.

Masan MEATLife expects that branded meat products will contribute about 50 – 70 per cent of its revenue when consumers shift to consuming safe meat products with origin tracing, hygiene and reasonable prices.

According to Vo Trong Thanh from the Ministry of Agriculture and Rural Development’s Animal Husbandry Department, more attention will be attached to slaughtering and meat processing to ensure 25-30 per cent of meat is processed by 2025 and 40-50 per cent by 2030.

The investments of some companies in the meat processing industry remained modest and must be enhanced, he said. — VNS

MORE NEWS

25 Apple ’s partners have factories set up factories in Vietnam

The number of Apple manufacturing partners setting up their factories in Vietnam has increased to 25 at present, four more than the 2020 figure, the tech giant said in its list of supply partners for the fiscal year 2021.

VIETNAM NEWS HEADLINES OCTOBER 5

Hanoi inaugurates new road tunnel to address traffic congestion

Netlflix asked to remove "Little Women" for distorting history

The request was made by the Authority of Broadcasting and Electronic Information, under the Ministry of Information and Communications, according to Deputy Director General Le Quang Tu Do.

UOB upgrades 2022 growth forecast for Vietnam to 8.2%

Given Vietnam’s strong economic recovery in the third quarter, the Singapore-based United Overseas Bank (UOB) has raised its forecast for the country’s GDP growth this year to 8.2%, from the previous prediction of 7%.

Vietnam rice prices surge on Indian rice export restrictions

Prices of Vietnamese rice surged in the global and domestic markets after India announced restrictions on broken rice exports and a 20% duty on exports of various other types.

Deaths of Adenovirus total nine, infections increase with many severe cases

The child died at the National Children's Hospital on Monday and is not thought to have any health issues but had been treated for the past 50 days and recently needed a ventilator.

VIETNAM BUSINESS NEWS OCTOBER 5

Vietnamese fleet to handle a fifth of exports by 2030: transport ministry

A day in the life of a fisherman in ​​Mong Cai

After Van Don - Mong Cai highway opened for traffic in early September, the border city of Mong Cai became a new tourist attraction.

Vietnamese navy ship arrives at Lumut port, beginning Malaysian visit

Sailing Ship 286-Le Quy Don of the Vietnam Naval Academy and a delegation of the Vietnam People’s Navy arrived at Lumut port in the Malaysian state of Perak on October 4, beginning a visit to Malaysia.

Hanoi, CNN boost tourism promotion cooperation

CNN wishes to resume tourism promotion cooperation with Hanoi, thus contributing to introducing the capital city’s cultural identity and valuable traditions to the world, Senior Vice President of CNN Robert Bradley said.

Vietnam's brand value reaches $431 billion

According to the latest report of the world's leading brand valuation consulting company - Brand Finance, Vietnam's national brand value has increased by 11 percent in 2022, from $388 billion to $431 billion.

Unblocking capital sources for the economy

After the recent increase in credit limit, the State Bank of Vietnam (SBV) has granted 13.6 percent of the total 14 percent credit room in 2022.

Share prices fall, billionaires lose big

Billionaire Tran Dinh Long’s assets have fallen by $1.6 billion this year, while billionaire Pham Nhat Vuong has lost $2 billion.

Video game helps promote Vietnamese culture, tourism

The video game “Lac Viet phieu luu ky” (Lac Viet Adventures) was selected by the Ministry of Foreign Affairs as a promotional product on digital platforms at the Vietnam Days Abroad 2022 in Austria, India, and the Republic of Korea this year.

Over 100 Vietnamese citizens deported from China for illegal stay

106 Vietnamese citizens that stayed illegally in China were returned to Vietnamese authorities at the Ly Van Border Gate in the northern province of Cao Bang on Tuesday.
back_to_top