According to Mr. Tsan A Sin, Deputy Director of the Binh Dien Market Management and Trading Company, in the night of June 28 and the early morning of June 29, the number of pork carcasses arrived at Binh Dien Market was 1,659, an increase of about 400 heads compared to the average.
From December last year to mid-January this year, enterprises had imported about 100,000-110,000 porkers from Thailand to Vietnam for slaughtering to serve the year-end consumer demand, mainly through Lao Bao Border Gate in the Central province of Quang Tri.
The general purchasing power in the market has been highly increasing. People tend to buy Tet goods earlier than in previous years. Goods are plentiful and diverse with stable prices. That is the general opinion of traders about the Tet market.
Mr. Le Huynh Minh Tu, Deputy Director of the Department of Industry and Trade of Ho Chi Minh City, said that the supply of pork, poultry meat, and eggs for the city market would certainly not be insufficient after his first working day with key suppliers on January 20.
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.
Despite being affected by the Covid-19 pandemic, according to calculations, the export turnover of agriculture, forestry, and fisheries sector of Vietnam will reach the previously-set target of US$40 billion this year, heard at the regular press conference of the Ministry of Agriculture and Rural Development (MARD) on October 6 in Hanoi.
The People's Committee of Ho Chi Minh City has sent documents to localities ordering pig repopulation under the "Project on restructuring the pig industry in the period from 2021 to 2025" to revive husbandry, reduce the risk of disease recurrence, and meet consumer demand.
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.
Deputy Minister Phung Duc Tien and the inspection delegation under the Ministry of Agriculture and Rural Development (MARD) on May 4 inspected the situation of repopulation of pig herd, control on pork prices, and the prevention of diseases on animals in Dong Nai and Binh Duong provinces.
The office of the Ministry of Agriculture and Rural Development on March 26 informed that nearly 1,500 tons of pork of the Russian corporation Miratorg has arrived at Cat Lai, Phuoc Long, and Hai Phong ports.
The business peak season of the lunar New Year has ended. The unofficial figures showed that the purchasing power of Tet market this year has risen by 10-15 percent over the same period last year while goods supply was diverse and plentiful and the price was fairly stable.
The Ministry of Agriculture and Rural Development on December 26 held a conference to implement some solutions to promote the production and ensure safety in animal husbandry.
The Ministry of Industry and Trade on December 17 announced that, currently, enterprises have been promoting import of pork into Vietnam amid the situation that the price of pigs has risen to VND90,000 per kilogram and large husbandry enterprises are also taking advantage of high pork prices.
According to wholesale markets, pork supply remained stable but due to extremely high prices, purchasing power weakened so traders and small butchers have actively reduced supply to avoid the state of being unsalable.
The Vietnam Directorate of Market Surveillance under the Ministry of Industry and Trade has recently issued the official dispatch No.2344/TCQLTT-THKHTC instructing provincial market surveillance departments to strengthen control on pork smuggling.
The prices of pork have been increasing heavily due to market adjustment but pork supply will not be insufficient and will meet the demand of citizens in Ho Chi Minh City from now to lunar New Year.
The prices of pork have gradually been increasing as pork supply strongly declined due to African swine fever epidemic. At this time in Dong Nai Province, the capital of pig-farming industry in Vietnam, pork supply is still ensured. However, if the epidemic continues to happen complicatedly, there will be a shortage of pork supply during the end of the year and lunar New Year holidays.
