Nearly US$500 million spent on importing meat

Thursday, 04:22, 11/01/2018

VOV.VN - Vietnam imported 262,321 live buffaloes and cows and nearly 42,000 tons of beef and buffalo meat at a value of more than US$410 million last year, according to the Department of Animal Husbandry under the Ministry of Agriculture and Rural Development.

The country also bought in more than 6,500 tons of pork worth US$11.07 million and 81,000 tons of poultry meat worth over US$75.7 million from overseas.

The Department says imported meats are sold at market for cheap prices. As an example, the prices of US and Australian beef vary from VND100,000 to VND500,000 per kg, while Indian buffalo meat is priced at VND90,000-150,000 per kg, and a kg of chicken costs VND35,000-60,000.

According to the General Department of Vietnam Customs, the average price for US chicken imported to Vietnam is at roughly VND19,000 per kg and pork at VND27,000/kg.

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