Pork prices rise to ensure farmers make a profit

Jul 30th at 13:59
30-07-2014 13:59:24+07:00

Pork prices rise to ensure farmers make a profit

The Department of Finance has allowed companies under the market stability programme 2014 to raise prices by 5 per cent for five pork products from July 23.

The action was taken due to an increase by 10 per cent in input prices. It complies with the price adjustment policy.

The prices will be kept stabilised until May 31 next year. They include VND96,000-kg for thigh and VND87,000-kg for shoulder.

Farmers should make profits with these prices and be motivated to improve their business after a long period of loss, said the chairman of Dong Nai Breeding Association, Nguyen Tri Cong.

bizhub



NEWS SAME CATEGORY

Enterprise Law revisions discussed

A revised Enterprise Law will motivate enterprises and create a transparent business climate, policy-makers and economists have affirmed.

International visitor numbers up in July

Viet Nam's international arrival numbers rose again in July after falling for two consecutive months, to set a 4.6 per cent month-on-month increase, the General...

Nghe An wants larger economic zone

The authorities in the central province of Nghe An have asked the Government to expand the planned south-eastern economic zone of the province.

Moody's upgrades Vietnam to B1; outlook stable

Moody's Investors Service has today upgraded the issuer and senior unsecured bond ratings of the Government of Vietnam by one notch to B1 from B2. The outlook is...

Nghe An calls for US$8 billion investment for economic zone

The central province of Nghe An has proposed the Government adjust a zoning plan on the south-eastern Nghe An Economic Zone (EZ).

New customs law: expectations met?

The Law on Customs issued by the National Assembly in June and due to take effect on January 1, 2015 demonstrates the efforts of the government in reforming customs...

Gencos lack attraction

Despite optimism from the group’s leaders, state-owned Electricity of Vietnam and its power generation subsidiaries are still facing mammoth obstacles to finishing...

Vietnam Railways Corporation undergoes restructuring

A number of subsidiaries of the Vietnam Railways Corporation are being equitised, including two major companies, Hanoi Railway Passenger Transport and Saigon...

Viglacera prospers thanks to core focus

Despite a long standing context of state-owned enterprises investing into non-core businesses, often at a loss, Viglacera has kept its focus.

Three-month old Samsung Thai Nguyen reports $2 billion in exports

Samsung Electronics Vietnam Thai Nguyen (SEVT) has announced that it had exported nearly $2 billion in smartphones and tablets, totalling six million products, by...


MOST READ


Back To Top