Vietnam: Pig prices increase ahead of Tet, imported meat only 56,000 VND/kg

The market has started the Tet season, and after a period of decline, the price of live pigs has started to increase, helping farmers earn a profit of VND600,000 to more than VND1 million per pig. Meanwhile, imported pork to the Vietnamese market costs about VND56,000/kg. At noon on December 12, Mr. Nguyen Van Cong - the owner of a pig farm with a scale of several thousand pigs in Son La, boasted to VietNamNet that the price of live pigs has continued to increase. Today, he sold 50 tons for VND64,000/kg. More than a week ago, Mr. Cong also sold a batch of pigs for VND61,000/kg, earning a profit of about VND600,000 per pig after deducting expenses. Today, the average profit is about VND1 million/pig. "This year, except for the beginning of the year when pig prices were quite low, the rest were at a high level, so farmers generally made a profit. My farm is quite large, estimated to make a profit of around 5 billion VND". He revealed that at this time, the market has just entered ...