Livestock industry targets production growth of 4-5% in 2024
Vietnam’s livestock industry set a production growth target of 4-5% in 2024 and is expected to make up 28-30% of the country’s agricultural production.
The Department of Livestock Production holds a meeting to review its performance in 2023 and deploy its plans for 2024. (Photo: VNA)
Hanoi (VNA)♓ – Vietnam’s livestock industry set aproduction growth target of 4-5% in 2024 and isexpected to make up 28-30% of the country’s agricultural production.
These goals were announced at a meeting held on December 19 inHanoi by the Department of Livestock Production under the Ministry ofAgriculture and Rural Development to review its performance in2023 and deploy its plans for 2024. According to the department, the production of meat is expectedto reach about 7.98 million tonnes in 2024 with a year-on-year increase of 3.8%including over 4.87 million tonnes of pork (up 4%) and over 2.31 million tonnes ofpoultry meat (up 3.1%). Meanwhile, the output of eggs is expected to surge by 3.7% year-on-year toabout 19.68 billion, and milk production is hope to hit 1.28 million tonnes, up 6.7%. In addition, it is expected that Vietnam will produce 25,800 tonnesof honey next year and over 20.5 million tonnes of industrial feeds, anincrease of 9.8% and 2.5%, respectively, compared with the figures in 2023. To this end, Deputy Minister of Agriculture and RuralDevelopment Phung Duc Tien asked agencies and localities to continue implementingrestructuring plans in the industry, pay more attention to the market’sdemand, promote advantages of specific production areas, and key animals,increase production efficiency, and boost sustainable development. Tien also requested the livestock sector to urgently implement solutions to stabilise and develop poultry farming and grass-fed cattle tomeet the demand for essential foods like meat, eggs, and milk. They also need to mobilise resources for Vietnamese livestockproducts to better access markets, thus increasing the export of potentialproducts./.
A forum discussing opportunities and challenges in developing a circular economy in the livestock industry was held on March 21 by the Ministry of Agriculture and Rural Development (MARD)’s Department of Livestock Production and the Australian Centre for International Agricultural Research (ACIAR)’s Agribusiness advisory group.
Poultry meat export has shown signs of bouncing back since the beginning of 2023, according to the Department of Livestock Husbandry under the Ministry of Agriculture and Rural Development.
To capitalise on the significant potential of using agricultural by-products, a connection between stakeholders should be formed to establish a circular and organic economic ecosystem, said experts at a recent workshop on the matter.
Over 350 enterprises from more than 30 countries and territories joined Vietnam’s Premier International Feed, Livestock, Aquaculture & Meat Industry Show (Vietstock) Expo & Forum 2023 that opened at Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on October 11.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
The Department of Livestock Production holds a meeting to review its performance in 2023 and deploy its plans for 2024. (Photo: VNA) 
