News last update:6 Aug 2012

Vietnam ministries discuss high feed prices

A meeting to seek solutions to stabilise prices and quality of animal feed was held in Hanoi, Vietnam on July 10.

The meeting was led by Deputy Minister of Agriculture and Rural Development Vu Van Tam with the participation of representatives from relevant ministries, branches and 20 enterprises. According to the Animal Husbandry Department, a main reason for rising prices of animal feed is the production sector's much dependence on prices of imported materials.

At the meeting, enterprises suggested that animal feed should be added in the important and essential commodities list so that they could enjoy the State's credit policy; the value added tax for such materials as corn, soybeans and cassava should be abrogated; import tax on some materials for animal feed production should be cut.

Deputy Minister Tam affirmed that materials for animal feed production would be still imported in the coming time and he requested relevant agencies to focus on dealing with issues relating to import procedures, to well organise production and supply and control quality of animal feed so as to ensure that no sudden changes in prices happen.

Subscribe here to the free animal feed newsletter

Editor AllAboutFeed

Or register to be able to comment.