VN spends $1.5 billion for animal feed imports

Viet Nam had to spend more than US$1.5 billion to import animal feed and raw material in the first five months of this year, up 27.5 per cent compared with 2016, despite market difficulties for meat, especially pork.

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Imported soybean is piled up. Viet Nam imported nearly 650,000 tonnes of soybeans worth US$280 million in the first five months of this year, increasing by eight per cent in volume and 19 per cent in value year-on-year.

The information was released by the Ministry of Agriculture and Rural Development (MARD). Tiếp tục đọc “VN spends $1.5 billion for animal feed imports”