In January, Vietnam experienced a significant surge in agricultural imports, with a 45% share coming from pork imports primarily from Russia, at an average price of 2,672 USD/ton, a 20.8% increase year-on-year. The total import value of meat and meat products reached nearly 157 million USD, marking an 8.2% increase in volume and a 13.4% increase in value compared to the previous month. This surge is largely due to the significant rise in domestic pig prices, which have been influenced by a decrease in re-herded pigs and the African swine fever epidemic. As a result, local pig prices have defied the usual post-Tet decrease, with an increase expected to persist due to the limited supply. To counterbalance these price hikes and stabilize the market, a decision has been made to increase the price of pork by 5,000-13,000 VND/kg, amounting to an average adjustment of 8,000 VND/kg.