Việt Nam’s animal feed imports up sharply

April 05, 2017 - 16:15

Việt Nam’s import value of animal feed and material for production of animal feed witnessed a year-on-year increase of 41.6 per cent in the first quarter of this year.

Việt Nam’s import value of animal feed and material for production of animal feed increased sharply in the first quarter. - Photo nhachannuoi.vn

Viet Nam News

HÀ NỘI – Việt Nam’s import value of animal feed and material for production of animal feed witnessed a year-on-year increase of 41.6 per cent in the first quarter of this year.

This was stated by the Ministry of Agriculture and Rural Development.

The value reached US$955 million in the first three months, including $343 million in March.

The ministry said that Việt Nam mainly imported those products from Argentina, accounting for 47.2 per cent of total imports; the United States, 15.7 per cent; India, 4.2 per cent; and China, 3.4 per cent.

In another development, the ministry’s Department of Livestock Production sent official letter 468/CN-TĂCN to animal feed importers in Việt Nam to ask them to stop the import of some animal feed products containing antibiotics stimulating growth from January 1, 2018. – VNS

Tags agriculture animal feed

HCM City sets sights on international exhibition, conference venue

Economy

Rice proud

Economy

Footwear industry set to gain $27 billion in export this year

Economy

PNJ revenue reaches $1.38 billion in first 11 months

Economy

Quảng Trị proposes $200 million data centre project

Economy

Major economic policies to take effect from 2025

More on this story

Economy

Filipino firm eyes Sabeco stake

San Miguel, the Philippines’ largest brewery corporation, is “evaluating and may bid” for Việt Nam’s Saigon Beer Alcohol Beverage Corporation (SABECO), company president Ramon Ang told Bloomberg reporters on March 31.

Economy

Low investor confidence pushes stocks down before holiday

Shares fell on the two local markets on Wednesday ahead of the national holiday as large-cap stocks suffered from low investor confidence.

Economy

Foreign investment key to Vietnamese growth: experts

Việt Nam should have savvy foreign direct investment (FDI) policies that direct capital to modern and environmentally friendly technologies and promote technology transfer to make local firms more competitive, experts say.

Economy

Problems with City pork plan

HCM City’s technology-based programme to control and trace the origin of pork that began recently is encountering difficulties, according to the Department of Industry and Trade.

Economy

MoT revises transport regulations

The Ministry of Transport has proposed revoking regulations that require transport businesses to have a minimum number of vehicles according to the type of transport service they have registered to provide.

Economy

VN shares edge up on Q1 speculation

Shares closed on positive note yesterday as investors speculated on first-quarter earnings results as well as information concerning annual shareholders’ meetings of many listed companies this month.

Economy

EVN told to develop green power

Deputy Prime Minister Trịnh Đình Dũng has asked Electricity of Việt Nam (EVN) to develop green power with prices people can afford, adding that the transparency in power pricing must be improved.

Economy

AirAsia sets up low-cost airline in Việt Nam

Malaysian budget airline AirAsia Berhad plans to start a low-cost carrier in Việt Nam, co-operating with local businesses to enter the country’s booming travel market, company representatives told Việt Nam News.

Economy

Đồng Nai continues to lure foreign investment

Southern province of Đồng Nai attracted US$314 million in foreign investment (FDI) in Q1 2017, up 53.4 per cent year-on-year and reaching 31.4 per cent of its yearly plan.