The Department of Livestock Production in Vietnam proposed a solution to solve the paradox of selling fishmeal to China and then importing it for processing

Published 2021년 11월 2일

Tridge summary

The Vietnamese government is taking steps to reduce dependence on imported animal feed by encouraging the agricultural sector to find domestic sources of raw materials. The Ministry of Industry and Trade has proposed a reduction in import tax on animal feed raw materials, and the Ministry of Agriculture and Rural Development is developing a decree to boost household livestock production efficiency. The plan includes five projects covering livestock breeding, feed industry, and waste treatment. The ministry also intends to use agricultural by-products as animal feed and is developing policies for the collection, processing, and preservation of these by-products. Additionally, the department of Livestock Production forecasts a stable food supply for the rest of the year, with an increase in livestock product consumption during the Lunar New Year.

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Original content

According to Resolution 128 of the Government, the agricultural sector is responsible for finding domestic sources of raw materials for animal feed production. So what measures has the industry proposed to implement this content, sir? - Implementing the Government's direction in Resolution No. 128/NQ-CP dated October 11, 2021 on promulgating temporary regulations "Safely adapting, flexibly, and effectively controlling the Covid-19 epidemic", the Ministry of Industry and Trade. Agriculture and Rural Development has sent a document to the Government on a proposal to reduce import tax on animal feed, specifically corn from 5% to 3%; soybeans from 3% to 0%. At the same time, the Ministry of Agriculture and Rural Development is developing a draft Government decree on support to improve the efficiency of household livestock production in the 2021-2030 period, implementing the livestock development strategy for the 2021-2030 period, with a vision. 2030. To implement this strategy, there ...

Source: Danviet