Ho Chi Minh City

Vietnam spends $15 mln to subsidize pig breeding farms amid outbreak of ASF

Credit institutions have spent over VND357 billion (US$ over 15 million) to subsidize pig breeding farm owners who lost their animals amid outbreak of African Swine Fever (ASF), a representative from the State Bank of Vietnam said at a yesterday press brief .

Vietnam spends $15 mln to subsidize pig breeding farms amid outbreak of ASF

Vietnam authorities have given credit support and provide short-term interest subsidies to pig breeding farms, a move that aims to stabilize pork production and ensure supply in the market amid the breakout of ASF.
The Ho Chi Minh City People’s Committee announced to subsidize farmers who lost their herds of pigs at reference prices, some at around 80 percent of market price for piglets and meat hogs whereas some at two times of market price for breeding hogs.
The Committee has requested related competent agencies to work to together on measures against the disease; accordingly, relevant agencies have to follow the hypothetic scenario because ASF has hit the city. The spread of ASF proved that food leftover, human and transportation means are culprits of the disease transmission; therefore, the committee and local district administrations warned breeders not to use food leftover to raise hogs any more.
Plus, authorities have tightened control over of selling pork in traditional markets to makeshift markets.
The city has established quarantine station in Binh Chanh District which works relentlessly.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong yesterday convened an urgent meeting on popularizing ASF development and solutions for supplying and storing pork for local demand.
According to the Ministry of Agriculture and Rural Development’s report, the disease has devastated 60 nations and hundreds of millions of
African Swine Fever has damaged Vietnam's hog industry with over 2.5 million hogs being culled in 413 districts of 55 cities and provinces countrywide by June1 12.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong said that breeding pigs are raised in big farms. Breeding hogs are very precious for re-raising when possible.

By staff writers - Translated by DANG MINH

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