Vietnamese poultry sellers face tough competition from imports

The local consumption of chicken in Vietnam has seen an increase in recent years, but the signing of free trade agreements and ongoing smuggling of poultry had led to fierce competition in the local market. Local poultry farmers face increasing costs, as seen around the world. Locally, bran prices increased 6 times within just 6 months. Another factor that has impacted local producers is the decline in the land fund for livestock in the country. The Law on Livestock 2018 regulated that livestock production would no longer be permitted in the inner city. And, due to the recent increase in housing prices, many households choose to sell their land or stop raising livestock to make a profit. Vietnam’s Ministry of Agriculture and Rural Development has issued a message aimed to prevent illegal trading and smuggling of poultry into the country to prevent the risk of disease infection. The ministry is urging provinces and cities to strengthen inspection, supervision, and control, ...