Hoa Phat steps up Australian beef supply in Vietnam

Update: 16:07 | 30/01/2019

Hoa Phat Corporation has announced that its Hoa Phat Trading Co., Ltd., under the Hoa Phat Agricultural Development JSC, will expand the scale of its farms, further study the meat supply chain and learn about high-quality cow breeds for experimental farming in Vietnam in 2019.

Accordingly, it strives to post a 12 percent growth in beef trading and increase the market share of beef imported from Australia to 45 percent.

Hoa Phat group, steps up, Australian beef supply, Vietnam, meat supply chain, high-quality cow breeds, experimental farming

Illustrative image.

Last year, the Hoa Phat Trading Co., Ltd., earned a double revenue from 2017 and its imported Australian beef made up 42 percent of the market share nationwide, placing it as the top supplier of Australian beef after only three years of joining the market.

With many self-contained farms across the country, the company met nearly half of the domestic demand for beef cattle, surging its profit by 176 percent from 2017.

In 2018, it launched a partnership programme on feed for cattle with leading Australian experts to ensure that cows are cared for up to the best standards.

 

Husbandry sector to focus on developing production chains
The Department of Livestock Production under the Ministry of Agriculture and Rural Development will focus on developing production chains in 2019 towards phasing out small-scale animal husbandry by households, said Acting Director of the Department Nguyen Xuan Duong.
 
National Assembly discuss bills on amnesty, husbandry on November 7
The National Assembly is discussing the draft revised law on amnesty and the draft law on husbandry on November 7. 
 
Links key for animal husbandry
Better cooperation between farmers, businesses and buyers is improving product quality in the animal husbandry industry in Vietnam. 
 
Animals Asia funds elephant conservation project in Dak Lak
Animals Asia will provide funding of 60,000 USD for the Central Highlands province of Dak Lak to carry out the elephant conservation project from November 2019 to February 2021.
 

Source: VNA

 
Bình luận mới vừa được thêm vào. Click để xem
Mới nhấtHay nhấtXếp theo: