Agriculture ministry criticized for pork price upsurge

Dec 20th at 08:32
20-12-2019 08:32:00+07:00

Agriculture ministry criticized for pork price upsurge

The Ministry of Agriculture and Rural Development’s leadership should evaluate and learn from its shortcomings and be held accountable for delays in reporting the potential shortage of pork and the pork price hike to the Government.

 

Based on Deputy Prime Minister Vuong Dinh Hue’s directives, released by the Government Office, on pork prices and price stabilization efforts for the rest of the year, Hue asked the ministry to promptly report on the pork price issue, Tuoi Tre newspaper reported.

Also, Deputy PM Hue, head of the Government’s Steering Committee for Price Management, criticized the ministry and asked it to learn from its mistakes in making a late report and to fulfill all tasks assigned by the prime minister.

The Ministry of Agriculture and Rural Development has to bear full responsibility for the lack of pork and price upsurge that have negatively affected residents’ daily lives and the country’s macroeconomic growth, stated Deputy PM Hue.

Earlier at a meeting, Deputy PM Hue had told the ministry to recalculate the supply and demand of pork and to consider importing pork to ensure an adequate pork supply.

However, the prices of pork are continuing to rise, while the country faces a possible undersupply of pork, and the pork import plan has yet to be clearly mapped out.

The Ministry of Industry and Trade had earlier announced that the pork shortage for the rest of the year could be larger than the forecast shortage of some 200,000 tons of pork.

saigontimes



NEWS SAME CATEGORY

HCM City seeks to boost ornamental fish exports

HCM City’s ornamental fish breeding industry is seeking to expand its overseas markets.

US duties on steel shipped from VN to have little impact: experts

The US’ imposition of duties of up to 456 per cent on certain steel products shipped from Viet Nam would not significantly harm the country’s steel industry...

Vietnam to ship litchis to Japan after five years of talks

Japan has announced it will become Vietnam’s new litchi buyer for the 2020 crop.

Samsung smartphones market share dips to annual low in Vietnam

Samsung smartphones’ market share slipped 2.3 percentage points to 38.45 percent in October, the first time it has dipped below 40 percent this year.

U.S. slaps heavy duties on Vietnamese steel

The U.S. Department of Commerce (DOC) on December 16 announced the imposition of duties of up to 456% on corrosion-resistant and cold-rolled steel produced in...

Export of tra fish expected to reach $2.06 billion this year

Viet Nam’s export of tra fish is forecast to reach US$2.06 billion this year, decreasing by 9 per cent year-on-year, according to the Vietnam Association of Seafood...

Petrol prices drop slightly in latest review

The retail prices of petrol were reduced as from 3pm on Monday 16.

Pork prices keep rising to new highs

Low supplies courtesy of the African swine flu epidemic have pushed pork prices up 29.6 percent from a month earlier.

Gasoline dips, other fuels rise

Domestic prices of RON95 petrol and bio-fuel E5 RON92 were lowered, while other fuels picked up by VND54-VND170 per liter or kilogram, starting at 3 p.m. today...

Fourth Vietnam Rice Festival underway in Vinh Long

The fourth Vietnam Rice Festival is taking place in the Mekong Delta province of Vinh Long, with a wide range of events designed to promote agro-economy and rice...

Commodity prices


MOST READ


Back To Top