Half of animal feed material to be sourced from local suppliers
HCMC – Animal feed prices show no signs of declining, putting livestock farmers on tenterhooks. The Ministry of Agriculture and Rural Development plans to send the Government a draft decree on production support policy aimed at ensuring at least 50% of animal feed material will be locally sourced.
Will our profits ever be better than normal wages?
(VAN) We have only enjoyed a small segment in the livestock value chain as 80% of the raw materials are imported. Do we have to endure this situation forever?
Over-dependence on foreign feed supply
(VAN) Out of the total 35 million tons of animal feed materials used domestically every year, Vietnam is only self-sufficient with 37% and imports the rest.
Animal feed: reduce dependence on imported animal feed
(VAN) According to Minister Le Minh Hoan, without gradually becoming self-sufficient in raw materials for animal feed, the livestock industry will find it difficult to develop sustainably despite constant fluctuations.