June 13, 2013 (Vietnamica) – There are currently about two hundred animal feed manufacturers in Vietnam. Meanwhile, most domestic manufacturers have declared bankruptcy or shifted to other businesses (Ha Noi Moi, June 11). In fact, foreign players are controlling 56 pct of Vietnam’s animal feed market. In addition, the country tends to import more feed. In the first five months, total value of imported feed for livestock, poultry, and raw materials reached up to US$1.15 bln, marking a YOY increase of 40.6 pct. — * Related: Cost-Push Inflation: A Reflection of Animal Feed Industry Update on Vietnam’s Animal Feed Industry and (more…)
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