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VietNamNews

There's plenty of food for Tet

Update: January, 17/2012 - 10:16

HA NOI — The Ministry of Agriculture and Rural Development has reaffirmed that there will be a sufficient supply of essential food to meet demand during and after the Tet holiday (Lunar New Year Festival).

Nguyen Thanh Son, deputy head of the ministry's Livestock Breeding Department said there were no concerns about a meat shortage during the holiday season.

After checking the supply and demand for food in January, it was estimated that 270,000 tonnes of meat would be sold during the Tet holiday, an increase of 10 per cent compared to normal. About 235,000 to 240,000 tonnes of the meat would be pork, Son said.

Meat imports have added 115,000 tonnes to the market, accounting for 3.8 per cent of the total, so there was enough meat to meet demand and the ministry would not allow enterprises to import additional supplies, he added.

Food prices are expected to increase slightly without any of the sudden surges that were experienced last year.

Nguyen Ngoc An, deputy general director of Vissan Company Ltd said the price of pork had been stable for three weeks at VND52,500 ($2.48) per kilo.

According to Chau Nhut Trung, director of the Huynh Gia Huynh De Co Ltd, prices for duck and chicken would not fluctuate thanks to an abundant supply. — VNS

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