Pork supply remains plentiful in markets, and the demand for pork has decreased. Pig farmers have been repopulating pig herds to serve the needs of the people during the festive season. There is, obviously, no shortage of pork, but the prices of pork have increased sharply.
Vietnamese government have issued a decision to support pig farmers in regions affected by the African swine fever (ASF) as well as give money for ASF prevention in 2020.
The Ministry of Industry and Trade has founded a group to inspect the pork market which saw prices at high levels since the end of 2019 despite the Government’s effort to increase supply to make up for the drops caused by African swine fever.
The Department of Statistics of Dong Nai Province informed that by the end of June this year, the total pig herd of the province merely reached 2.03 million pigs, down 18 percent compared to that before the African swine fever epidemic.
Vietnam is targeting more than 90 percent of its communes and wards being free of African swine fever (ASF) by 2022 and the country being free of the disease by 2025.
Visiting farms raising breeding pigs for the recovery of pig farming in My Duc Commune in An Lao District in Hai Phong City on July 7, Minister Nguyen Xuan Cuong of the Ministry of Agriculture and Rural Development said that repopulation is the only sustainable solution to create food supply and in the fourth quarter, there will be 11 million piglets for the market.
According to the Ministry of Agriculture and Rural Development (MARD), in the afternoon of June 17, the first 500 live pigs imported from Thailand entered Vietnam through Lao Bao Border Gate in the Central province of Quang Tri.
For months, pork has become a hot spot due to its high prices. To ensure supply and demand, and stabilize the price, on May 27, the Ministry of Agriculture and Rural Development (MARD) gave nods to imports of live pigs to meet the demand for fresh pork of Vietnamese people.
Cities and provinces in the Mekong Delta are striving to repopulate pig herds after the African swine fever epidemic but with the current situation, supply cannot meet the demand, leading to high prices of piglets and pigs.
According to the Ministry of Agriculture and Rural Development (MARD), the amount of imported pork has increased heavily but the prices of pork in the market are still hovering at high levels.
