Participants of the seminar said that it posed high mishap for breeders if the government has not tightened control of the commodity but let markets be taken over by retailers.
Though the price hiked, the Ministry of Agriculture and Rural Development admitted the price is still lowest in ten years since 2007 and pig farmers still suffered loss of VND 1-VND1.5 million a pig. The Ministry will be quick to implement measures to help pig farmers and stabilize the country’s husbandry sector.
In the southern province of Dong Nai, 11 stands were set up to sell pork at VND30,000 per kilogram and big companies have bought pigs for storage.
Dong Nai, HCMC, Hanoi and the northern provinces of Hai Duong, Thai Binh, Nam Dinh, Ha Nam also adopted measures to resolve the problem by connecting breeders, slaughterhouse owners and enterprises.