Cutters ridge meat processing

A consumer inspects pork at a supermarket in HCMC. AVG Capital Partners based in Russia plans to develop a pork processing complex in Thanh Hoa Province with a total investment of US$1.4 billion – PHOTO: THE SAIGON TIMES HCMC – AVG Capital Partners based in Russia and the Thanh Hoa government have signed a memorandum of understanding to develop a pork processing complex with total investment of US$1.4 billion. … [Read more...] about Russian firm to build pork processing complex in Thanh Hoa

Russia’s AVG Capital will develop a complex of pig farms in Thanh Hoa Covering an area of 1,000 hectares, the complex is designed to produce five million pigs a year. The complex will boast 43 commercial pig farms and three hybrid pig farms, a mixed feed factory with a capacity of two million tonnes per year, as well as a slaughterhouse and processing plant with a capacity of 600,000 tonnes a year. … [Read more...] about Russia’s AVG Capital to develop $1.4 billion pork processing complex in Thanh Hoa

HCM City (VNS/VNA) - Vietnam’s imports of high-value seafood such as king crabs and lobsters are rising due to their falling prices, and are expected to rise even further during the Lunar New Year (Tet) Festival, experts have said. Robert Greenan, Deputy Consul General at the US Consulate in Ho Chi Minh City, said last year exports of Alaskan seafood rose 125 percent to 19 million USD. Vietnam became the US’s sixth largest buyer of agricultural products and foodstuffs with imports worth 4 billion USD. According to the Alaska Seafood Marketing Institute in Vietnam, demand for seafood is rising in the country, and several processing factories are moving from China to Vietnam due to tariffs. Alaskan seafood is mostly bought by restaurants and hotels and processors. The institute aims to expand the distribution network so that more customers can buy Alaskan seafood for cooking at home. During Tet, there is especially high demand for Alaskan king crab since it is relatively … [Read more...] about Demand for imported high-value seafood rises

“Vietnam is a clear beneficiary, and we expect this trend to continue in the next couple of years as tensions persist. Vietnam will continue to serve as an alternative destination as countries and companies seek to reduce their reliance on manufacturing in China. This is positive for the country’s medium- to long-term growth prospects,” added Leelahaphan … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

And the late Anthony Bourdain, a regular visitor to Viet Nam before his passing and a lover of Vietnamese cuisine, once said: “Viet Nam. It grabs you and doesn’t let you go. Once you love it, you love it forever. All the senses are engaged here.” … [Read more...] about A cheesy treat for all ages