tk88 bet

Vietnam to cut animal feed imports

Vietnam hopes to import less than 50 percent of its animal feed by 2020.
Vietnam hopes to import less than 50 percent of its animal feed by 2020.

Accordingto the Vietnam Feed Association, the country imported about ninemillion tonnes of corn, wheat and soybean feed and fish powder in 2013,accounting for 70 percent of total consumption and costing about 4billion USD.

The country's agricultural sector focuses too muchon rice – a traditional staple –and not enough on producing livestockfeed, experts warned.

Nguyen Van Trong, Head of the AnimalHusbandry Department under the Ministry of Agriculture and RuralDevelopment (MARD), said domestic feed production could not currentlymeet demand.

Promoting investment into that and other supportingsectors for husbandry development will be a major priority in the comingyears, according to a draft plan to restructure the livestock sectorpresented at a recent conference organised by MARD.

Vietnam imported 582,000 tonnes of corn worth 150 million USD in January, six times the amount imported in January 2013.

LeBa Lich, Chairman of the Vietnam Feed Association, said Vietnam alsoimported soybean feed from the US, Argentina, Brazil and India, whichuse genetically-modified technology to increase productivity.

"Weneed to expand areas that grow genetically-modified crops so we canreduce reliance on imported materials," Lich said. "And the ministryshould encourage investment in factories processing fish powder, ofwhich we also import a lot."

Tong Xuan Chinh, Deputy Head of theAnimal Husbandry Department under MARD, said the cost of animal feedaccounted for 65-70 percent of the cost of livestock products, sorelying heavily on animal feed imports drove up the price of meat.

Chinhrecommended Vietnam shift some of the land used for rice cultivation togrowing corn and soybeans and use more technology in agriculture.

Trong said the Ministry planned to increase corn cultivation area to about two million hectares by 2020.

Expertssaid the Government should implement long-term policies to supportfarmers to shift from cultivating other plants, provide preferentialcredit policies for companies to invest in raw material productioncentres and increase investment in research and technology.

DeputyMinister of MARD Vu Van Tam said the livestock sector must act as adriving force for restructuring the entire agriculture sector, ensuringthe safety of products as well as the rights of both consumers andfarmers.

See more

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

🍸 Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
Pharmaceutical production at a company in Vietnam. (Photo: VNA)

🌳 Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

ꦍ Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

꧂ OECD Economic Surveys: Vietnam 2025 report released

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.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

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.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|