VN cracks down on use of banned substance in fish food Việt Nam will strengthen controls on Ethoxyquin in feed production for the fishery industry to ensure stability in seafood exports to the EU, according to the Ministry of Agriculture and Rural Development (MARD).

Growth in VN-Argentina trade

Argentina is the second largest trade partner of Việt Nam in Latin America and Việt Nam is the fifth largest import market for Argentina globally, experts said at a Việt Nam - Argentina business forum in Hà Nội on Tuesday.

VN imports animal feed worth $1.8b in H1

Argentina remained the country’s leading source for animal feed and feed materials, the General Department of Customs said. 

GMO products could help Viet Nam reduce animal feed material import Genetically Modified Organisms (GMO) would be a solution to problems that Viet Nam is facing in agricultural production, an expert said.

Low chicken prices may lead to shortages Many chicken breeders have incurred big financial losses due to a sharp drop in the price of chicken, and if the situation continues, farmers will scale down their production or stop breeding.

Foreign investment up in feed industry Foreign invested firms have been pouring money into and expanding animal feed production, according to the Viet Nam Animal Feed Association.

Imports of animal feed on the rise Domestic businesses spent US$428 million to import animal feed and feed materials in the first two months of this year, 21.3 per cent higher than the same period last year, according to the Ministry of Agriculture and Rural Development.

Seafood firm makes public acquisition bid An Giang Fisheries Import and Export Co (Agifish), listed on the HCM City Stock Exchange under the code AGF, has endorsed a public offer by Hung Vuong Co to purchase 3.75 million AGF shares, equivalent to over 29-per-cent stake in the company.

Animal feed prices drop 25-30% this month Domestic animal feed producers have pledged to cut their product prices starting in mid-November after being asked to do so by relevant agencies.

Cut requested on animal feed materials import tax The Animal Husbandry Department has asked the Government to continue the import tax cut on raw materials for animal feed processing in a proposal at the Conference on Poultry and Livestock Disease Prevention last month.