Vietnam, Australia seek cooperation in cattle raising

Thursday, 16/11/2023 16:47
The Ministry of Agriculture and Rural Development (MARD) in collaboration with the Australian Embassy in Vietnam has organized a symposium on strengthening the Vietnam-Australia technical, trade and investment collaboration in the cattle raising sector.

Vietnam is now the country with the 5th largest pig farming industry in the world in terms of number of animals and is 6th in pork output.

For the Vietnamese beef cattle sub-sector, despite making some remarkable achievements, production activities towards a more farm-oriented, focused, and professional manner, the total output of live beef sold nationwide reached 373,000 tons in the first 9 months of 2023, an increase of 2.4% year on year.

However, on an annual average, the beef supply meets just about 45-50% of domestic demand. The balance of beef required for domestic consumption needs to be imported.

Beef cattle breeding area of T&T 159 Breeding and Feed Joint Stock Company in Yen Mong commune, Hoa Binh city, Hoa Binh province. (Photo: 

The event contributed to affirming the traditional cooperation ties between Vietnam and Australia over the past 50 years in the agricultural field, opening the door for deeper and more sustainable agricultural engagement in the next five decades.

Tien stressed that in recent years, agriculture in Vietnam has made important achievements. The livestock sector, identified as a key industry, occupied 25.26% of agriculture's contribution to the country’s GDP in 2022.

At the event, delegates discussed issues of breeds and genetic improvement, animal feed solutions, market connection and increased added value, modernization of slaughter and processing systems and greenhouse gas emissions reduction./.