Vietnam: Cheap imported pork but still low in demand

A survey by VnExpress shows that imported baby ribs are priced at 88,000 VND per kg, whole leg of pork leg is 47,000-50,000 VND, pork belly with ribs is 79,000 VND, back without pillow is 17,000 VND, boneless pork leg is 51,000 VND. This price is 36-40% lower than the same period last year and half of the domestic pig price. This is also the cheapest imported pig price ever. Ms. Hanh, the owner of a food store in District 12, said that since the beginning of the year, the price of imported pigs has continuously gone down, with very weak purchasing power. "We sell frozen pork mainly to restaurants and eateries. However, in the first half of this year, consumption in these places decreased, causing the price of imported pigs to plunge," said Ms. Hanh, adding that the number of imported pigs has decreased. imports 30% over the same period last year. In general, Mr. Thanh, the owner of a food store on Le Duc Tho Street (Go Vap), said that he had stopped selling imported pork for half ...