Chinese lunar new year

Deputy Minister of Agriculture and Rural Development Phung Duc Tien The price of pork is expected to increase in the last months of 2019 and before Tet (Lunar New Year) in 2020 because African swine fever has caused the supply of pork to drop. Deputy Minister of Agriculture and Rural Development Phung Duc Tien talks to local media about this issue. How is the domestic pork price forecast to increase? In the domestic market, there are forecasts that pig prices will increase to high levels. However, over the past month, the price was still around VND48,000-50,000 per kilo of live hog. This shows that supply still meets demand. There is no reason to forecast a lack of meat for the Tet festival in 2020. About 93 per cent of pigs were unaffected by African swine fever. The price of pork in the Chinese market is rising – up to VND100,000 per kilo of live hog in some localities – due to a shortage of pork. The crisis of supply means some provinces and cities have opened frozen … [Read more...] about Pork supply to meet market demand by Tet festival

Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến The price of pork is expected to increase in the last months of 2019 and before Tết (Lunar New Year) in 2020 because African swine fever has caused the supply of pork to drop. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến talks to local media about this issue. How is the domestic pork price forecast to increase? In the domestic market, there are forecasts that pig prices will increase to high levels. However, over the past month, the price was still around VNĐ48,000-50,000 per kilo of live hog. This shows that supply still meets demand. There is no reason to forecast a lack of meat for the Tết festival in 2020. About 93 per cent of pigs were unaffected by African swine fever. The price of pork in the Chinese market is rising – up to VNĐ100,000 per kilo of live hog in some localities – due to a shortage of pork. … [Read more...] about Pork supply to meet market demand by Tết festival

Mekong Delta, HCMC warned of tidal flooding in lowland, riverside areas The Southern Regional Hydrometeorological Center has warned the Mekong Delta and Ho Chi Minh City of flooding in lowland and riverside areas as a high tide is forecast to occur and reach its peak in the next couple of days. According to the center, water level in the Saigon and Dong Nai rivers on October 12 highly increased. It is predicted to continue surging in the next few days. The peak of the high tide might occur on October 15-16, the 17th and 18th day of the ninth lunar month. The National Hydro Meteorological Forecasting Center also issued the same warning, saying that the water level in the Mekong and Saigon Rivers will reach alarming levels 2-3 under influence of the high tide. Low lying and riverside areas in HCMC and the Mekong Delta might be flooded. In the meantime, the meteorological station in Can Tho city said that tide level in canals in the city will continue moving up to reach 1.95-2 meters and … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 15