News

Vietnam: The risk of supply chain disruption

Vietnam
Published Aug 27, 2021

Tridge summary

Consumption of pork in the market decreased sharply, besides the difficult transportation and slaughtering caused some pig farms to accept losses to sell off the herd. The rest "raised" the hope that the price would rise again, so they continued to hold out, but soon they were "disillusioned" by the complicated epidemic, which forced localities to strengthen distancing measures.

Original content

Illustration. (Photo taken before April 27, 2021, farmers cried loudly because of the congestion, Dong Nai province - the capital of pig raising - continuously suffered from heavy losses since the Covid-19 epidemic broke out again. in southern localities at the end of May. "Last weekend, when it was reported that Ho Chi Minh City tightened social distancing, many pig farmers in Dong Nai were worried that the price of pigs would drop sharply in the near future, so they sold quickly and were forced by traders to lower prices at the farm. 46,000-48,000 VND/kg, down another 4,000 VND/kg compared to the beginning of last week" - Mr. Tran Van Thang, a pig farmer in Trang Bom district (Dong Nai province), clamored., According to Mr. Tran Quang Trung, who pig raising in Thong Nhat district (Dong Nai province), the price of pigs at the farm is still on the decline due to the difficulty of consumption in retail channels, pushing farmers into a "standstill" position because they do not know ...
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