African swine fever posed a substantial threat to the pig farming industry despite the measures being taken to stop the disease from spreading, said Nguyễn Xuân Cường at the first meeting of the national steering committee for the prevention and control of ASF held on Tuesday in Hà Nội.

Việt Nam is advised to compile a national framework for a supply chain to provide safe pork to serve the domestic market.

The price hike of pork is causing a headache for management bodies as it poses a risk of increasing imported pork in the domestic market.

Small-scale farming with low productivity and lack of production and storage technologies as well as insufficient abilities in expanding markets as major challenges facing domestic pig farming industry.

These days, the term “save the pigs” has appeared in many local newspapers as the price of live pigs has dropped to a record low, causing major losses for farmers across the country. Việt Nam News spoke with the leaders of three state management agencies about the causes of the downward pressure on prices as well short-term and long-term solutions to help the struggling pig-farming industry recover.

The State Bank of Vietnam (SBV) issued an official document asking credit institutions to support borrowers in the livestock industry, especially pig farmers in need of credit extension as market demand struggles to find equilibrium.

The Ministry of Agriculture and Rural Development and the Đồng Nai administration on Thursday discussed measures to rescue the southern province’s pig-farming industry following the precipitous drop in the prices of live pigs.

Minister of Agriculture and Rural Development Nguyễn Xuân Cường yesterday called on large animal husbandry businesses to increase their purchase of pigs and keep them in frozen storage in order to help farmers reduce inventories and stop the resulting downward price spiral.

Minister of Agriculture and Rural Development Nguyễn Xuân Cường has submitted a variety of potential solutions to Prime Minister Nguyễn Xuân Phúc to help the struggling pig-farming industry recover.