Vietnam's market unstable due to foreign investors

The livestock enterprises in Vietnam  has warned that the tax breaks granted to foreign  investors is causing instability in the market “The food market is being controlled by foreign invested enterprises,” said Le Van Me, Chair of Phu Son Livestock Company in Dong Nai province. “In the near future, when they double the number of sows, they will completely dominate the Vietnamese market.”

"One of the issues is the that the farmers can only receive money for taking care of the livestock. while foreign companies can make money from many things, from selling animal feed, breeders to selling pigs," Le Van Me argues. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers