"3 Pieces of Memory" priced at 2025: Rising salaries, falling prices, and the showdown of the big bosses

Just like the viral song, the best memory of this year's pig price is in the first two quarters. Following the strong increase from the end of the previous year, the average national pig price continued to rise sharply, reaching 80,000 VND/kg in March. Throughout the first quarter, the pig price almost never fell below 70,000 VND/kg. Behind this increase is the decline in pig supply. Mostly due to the disease, especially the complex African Swine Fever (ASF) with thousands of new outbreaks. Farmers and even large companies had to sell pigs to control the disease, causing a short-term drop in prices and pressure on supply. In addition, the impact of Typhoon Yagi in October 2024 damaged many farms, slowing the recovery of livestock. Especially, the Livestock Law effective from early 2025 caused a "great relocation" for substandard livestock facilities, also greatly affecting pig supply, thereby impacting the selling price. After reaching the peak, the pig price began to decline but ...