Business

Vietnam, Malaysia seek to boost livestock product import-export

Measures to promote import-export of livestock products between Vietnam and Malaysia was the focus of a seminar held in Kuala Lumpur, Malaysia, on April 21.

Illustrative image (Source: Internet)

Illustrative image (Source: Internet)

The event saw the participation of representatives from the Vietnamese Ministry of Agriculture and Rural Development (MARD); the Vietnamese Embassy and Commercial Affair in Malaysia; Malaysia’s Ministry of Agriculture and Agro-based Industry; and those from leading enterprises in processing, exporting and importing livestock products of the two countries.

In his opening speech, Deputy Minister of MARD Tran Thanh Nam said the livestock cooperation between Vietnam and Malaysia still remains modest compared to the potential, and opportunities and mechanisms for businesses of the two sides to strengthen links is limited.

He hoped that through the seminar, authorities and enterprises of the two countries would understand more about each other's situation and abilities, thus proposing ways to enhance cooperation between the two countries in the field. 

Vietnamese enterprises such as Vinamilk and Minh Dang Groups introduced their activities and products. They said their products could meet the demand of the Malaysian market, expressing their wish to set link-up with Malaysian partners, towards exporting their products to the country in the near future. 

Meanwhile, Malaysian businesses expressed their interest in some Vietnamese products such as beef, milk, dairy products, and animal feed. 

They revealed that Malaysian dairy and beef firms respectively meet only about 60 percent, and 23 percent of the domestic market demand. 

The Malaysian side affirmed it would consider the possibility of collaborating with Vietnamese partners to import those products in the coming time. 

Malaysian enterprises also said they could cooperate with Vietnamese firms through providing technologies of processing and preservation of livestock products, and veterinary medicine. 

Previously, on April 20, Nam had a working session with representatives from the Malaysian Ministry of Agriculture and Agro-based Industry, during which the two sides discussed measures to boost their agricultural and breeding collaboration.

Vietnamplus

Other news