Vietnam: Food to meet the needs of Tet holiday

Published 2023년 1월 2일

Tridge summary

The article reports that Vietnam's pig herd is around 28.6 million heads, and poultry flocks are estimated to be approximately 531 million heads, both of which are expected to meet the demand for the Tet holiday in 2023. Despite a large supply of pork, market prices remain low due to decreased demand. The country consumes about 160,000 tons of poultry meat and 360,000 - 370,000 tons of pork per month, with consumption increasing by 10% - 15% during the Tet holiday. The Department of Livestock Production affirms that the livestock industry can produce over 7 million tons of meat to satisfy the demands of the 2023 Lunar New Year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Department of Livestock Production, Ministry of Agriculture and Rural Development, the country's total pig herd is about 28.6 million heads; Poultry flocks of about 531 million heads completely meet the demand on Tet holiday this year. The price of pork in the market is fluctuating around 52,000 - 56,000 VND/kg. Contrary to the trend in the last month of the year and the Lunar New Year, pork prices in the market remained low while the supply was large but the demand decreased. It is estimated that on average, the country consumes about 160,000 tons of poultry meat every month, especially in the month of Tet, about 195,000 tons of which mainly chicken meat. For pork consumption, it usually increases by 10% - 15% with the amount of about 360,000 - 370,000 tons/month on Tet holiday. Mr. Tong Xuan Chinh, Deputy Director of the Department of Livestock Production, said that ...

Source: Vov