Font Size

Profile

Menu Style

Cpanel

Vinamilk continuous to import dairy cattle

By AAC

Vinamilk just imported other 200 pregnant dairy cows from Melbourne (Australia) on 19th May 2014. They are just only purebred Holstein Friesian, the average milk yields reach over 7,200 kg / cow / year in Vietnam (equivalent to milk productivity in European and higher than Asia).

From this satisfactory result, Vinamilk decided to import a large numbers of dairy cattle from Australia to rise rapidly dairy herd in Vietnam, to meet the demand for raw milk production for dairy processing plant of the company.

Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China dairy industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.

http://www.thanhnien.com.vn/pages/20140520/vinamilk-tiep-tuc-nhap-bo-sua-20-5-2014.aspx


DOC revises up anti-dumping tariffs on tra fish

By AAC

           The U.S. Department of Commerce (DOC) has announced final results of the ninth Period of Administrative Review (POR 9) with anti-dumping tariffs imposed on Vietnamese tra fish up by 2.8 times from the rates determined last September.

           Accordingly, compulsory defendant Vinh Hoan Corp enjoys a zero tariff while the rate for voluntary defendants is US$1.2 per kilogram compared to US$0.42 which DOC announced last September. There are 25 enterprises subject to the tariff of US$1.2 per kilogram, including Hung Vuong, while the other exporters must pay US$2.11.

           Under the DOC’s preliminary determination last September, compulsory defendants had to pay anti-dumping tariffs of US$0.42 and 2.15 per kilogram while that of voluntary defendants was USD0.99. Seafood exporters in the Mekong Delta region said such adjustments would be of great help for Vinh Hoan Corp. to boost shipments to the U.S. but would hurt other exporters.

           The prices of unprocessed tra fish remain high in the Mekong Delta region. Nguyen Ngoc Hai, head of An Thoi Tra Fish Cooperative in Can Tho City, said a kilogram of premium-grade tra was sold at VND25,000-26,000 and the grade-two type at VND24,000-24,500. With such prices, farmers can earn profit of VND2,000-3,000 per kilogram.

 

http://english.thesaigontimes.vn/34510/DOC-revises-up-anti-dumping-tariffs-on-tra-fish.html


Cargill expands animal feed mill in central Vietnam

By AAC

           Cargill said its animal nutrition business has completed the USD 20 million expansion of an animal feed plant in Binh Dinh Province to meet increasing domestic demand, particularly in central Vietnam.

           Cargill said in a statement that the expansion increased the plant’s annual capacity to 240,000 tons from 60,000 tons and helped ensure feed safety, ingredient quality and product integrity for the market.

           In 2012, Cargill committed to building more animal feed plants in the country in order to expand its animal nutrition business in Vietnam and meet customers’ demand for quality feed and to double its annual feed capacity to 1.5 million tons by 2015. The expanded facility in Binh Dinh Province allows Cargill to produce a total compound feed capacity of 1.4 million tons.

         The facility is one of Cargill’s eight compound feed mills in different regions of Vietnam. The company said with the new expansion, it had invested more than USD/10 million in Vietnam’s livestock and aquaculture industry over the last 10 years.

         Cargill said it had arranged farming workshops to provide more than 1.5 million Vietnamese farmers with training in practices in animal husbandry through to help raise farming productivity and incomes.

         Cargill established its presence in Vietnam in February 1995 with the opening of representative offices in Hanoi and HCMC, and Cargill Vietnam Limited was formed. In December 2009, it became the first U.S. company to obtain a license to distribute products directly in this market.

http://english.thesaigontimes.vn/34417/Cargill-expands-animal-feed-mill-in-central-Vietnam.html


Developing dairy project at Soc Trang province

By AAC

           Soc Trang province is developing dairy breeding project with USD 300,000 of budget in 2014. The target of project: dairy herd increase from 4,700 cows to 6,000 cows; milk productivity reach 3,900 Kg/cow/cycle; fresh milk production hit 8,000 tons/year; grasslands area increase to 300 hectares. This project provides jobs for over 2,000 rural workers.

           Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a through understanding of the Vietnam and China dairy industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.

http://www.vietlinh.vn/library/news/2014/agriculture_livestock_news_show_2014.asp?ID=470


On the subject of us

At Asian Agribusiness Consulting our mission is the promotion and development of agribusiness across Asia. We provide specialist research and consulting services for our clients who have intentions of ratcheting up their presence in Asia be they start-ups companies to blue-chip companies.

Read more

Top Events