Vitality of Vietnamese goods from innovation in market approach

Published 2021년 9월 16일

Tridge summary

The article highlights the challenges faced by the agricultural sector in Vietnam due to the COVID-19 pandemic and the resulting social distancing measures. These challenges include oversupply and falling prices of agricultural products, difficulty in selling livestock products, and congestion in the distribution of goods. The situation is further complicated by the closure of residential markets and the unoperational slaughter factories. To address these issues, local authorities are suggested to reopen wholesale markets and promote e-commerce. The article also emphasizes the importance of the domestic market in ensuring the production and supply of goods to the population, as the export market is currently not functioning optimally.

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

Original content

Agricultural products stagnated, prices fell deeply, the COVID-19 epidemic complicatedly occurred in many provinces and cities nationwide, the closure of residential markets in accordance with the Government's distancing directives caused many small traders to have agricultural products in stock. For example, the Southeast has a surplus of 7 million chickens, Dong Nai has a surplus of 80,000 ducks and 6,000 goats, and Binh Duong has 2 million eggs a day..., Mr. Le Van Quyet, Chairman of the Association Long Thanh Phat cooperative and Vice Chairman of the Southeast Breeding Association said that the price of white feathered chicken has increased from 5,000 VND to 17,000 VND per kg. However, at this price, people are still losing about 12,000 VND per kg compared to the cost. Thus, for a chicken weighing 2-3 kg, farmers are losing about 27,000-35,000 VND., In addition, according to Mr. Quyet, currently the consumption stage is difficult because the slaughter factory has not yet ...

Source: VNRuralEconomics