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Vietnam: Livestock production is at risk of mass bankruptcy, the association proposes a series of urgent solutions

Vietnam
Published May 17, 2023

Tridge summary

The Vietnam Poultry Breeding Association (VIPA) has just sent a petition to the Prime Minister, the National Assembly Standing Committee and 7 related ministries on solutions to remove difficulties for the poultry industry. The petition states that, due to the long-lasting negative effects of the Covid-19 epidemic, the cost of input materials increased to a record high, the consumption market was unstable and the price of output products fell deeply (at one time the selling price of a poultry products are only 2/3 of the production cost), causing the poultry industry to face numerous difficulties. Many businesses and poultry farms are in danger of bankruptcy; thousands of chicken and duck rearing establishments had to reduce their production scale, or had to suspend operations due to prolonged losses. Blocking smuggled goods, tightening import through official channels To remove difficulties for the poultry industry, VIPA proposes to consider a number of urgent and long-term solutions later. Specifically, strengthening the inspection, supervision and control of the illegal import of poultry and poultry products at border gates, trails and openings in border areas.

Original content

The Vietnam Poultry Breeding Association (VIPA) has just sent a petition to the Prime Minister, the National Assembly Standing Committee and 7 related ministries on solutions to remove difficulties for the poultry industry. The petition states that, due to the long-lasting negative effects of the Covid-19 epidemic, the cost of input materials increased to a record high, the consumption market was unstable and the price of output products fell deeply (at one time the selling price of a poultry products are only 2/3 of the production cost), causing the poultry industry to face numerous difficulties. Many businesses and poultry farms are in danger of bankruptcy; thousands of chicken and duck rearing establishments had to reduce their production scale, or had to suspend operations due to prolonged losses. Blocking smuggled goods, tightening import through official channels To remove difficulties for the poultry industry, VIPA proposes to consider a number of urgent and long-term ...
Source: Vietstock
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