PICTURE OF VIETNAM LIVESTOCK INDUSTRY 2023

24/05/2023

In 2023, it is forecasted that there will be many difficulties and challenges. However, the livestock industry is still determined to strive to achieve the set goals with a growth rate of production value of 3.5-4%.

LIVESTOCK OF VIETNAM 2023 FACING MANY DIFFICULTIES

The livestock industry in 2023 is facing many difficulties and challenges. These are complicated developments of the COVID-19 pandemic; The disruption of the global supply chain in 2021 – 2022 has a lasting impact on production and the market.

In addition, epidemics on livestock and poultry also occurred in some localities, although they have been controlled, there is still a potential risk of outbreak. Production costs, intermediaries, and domestic livestock product prices are still high.

OBJECTIVES OF THE LIVESTOCK INDUSTRY IN 2023

The implementation of the Livestock development in period the 2021 – 2030, vision 2045, will contribute to the continued development of livestock production into a market-oriented, commodity production industry, meeting all kinds of needs. Essential food for domestic consumption and export orientation of potential products such as: pork, poultry, eggs, dairy products, processed honey, and animal feed.

In addition, the issue of market globalization, and our country’s deep integration with the world has contributed to opening many opportunities to access the world for livestock products.

Targets of livestock industry in 2023, references: dangcongsan.vn

DEPARTMENT OF LIVESTOCK PROCESSING MOTIVATION THROUGH PROGRAMS AND PROJECTS

To promote the development of the livestock industry in 2023, Deputy Minister Phung Duc Tien suggested creating a favorable legal environment for livestock production. At the same time, actively follow up and grasp the reality to promptly remove difficulties for businesses and breeders.

Programs and projects to promote the livestock industry

DISCOVER OPPORTUNITIES TO EXPAND BUSINESS IN VIETNAM

VIETSTOCK is The Premier International Feed, Livestock & Meat Industry show in Vietnam. Vietstock is held annually in Ho Chi Minh City, Vietnam.

Vietstock 2023 opens up opportunities to meet, connect and expand business relationships in the livestock industry. This is a perfect opportunity for foreign businesses to access the Vietnamese livestock market, as well as a great opportunity for domestic enterprises to update new technologies and develop cross-border markets.

VIETSTOCK 2023 will be held for 3 days from October 11 to 13, 2023 (Wednesday – Friday) At Saigon Exhibition and Convention Center (SECC), 799 Nguyen Van Linh, District 7, City. Ho Chi Minh City. The organizing board of Vietstock 2023 has officially opened the registration portal, register online at: https://ers.ubmthailand.com/vs23

At Vietstock, there are more than 350 exhibitors and more than 11,000 visitors from 30 different countries.