Aquaculture for all

Viet Nam Holds Livestock, Dairy and Aquaculture Expo

Economics Education & academia +2 more

VIET NAM - More than 180 domestic and foreign companies have participated in the ongoing international exhibition of livestock, dairy, meat-processing and aquaculture (ILDEX Vietnam 2014) in Viet Nam's southern Ho Chi Minh (HCM) City.

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On display were products and advanced technologies in related areas by domestic and foreign companies, including world leading Big Dutchman, Biomin, Buhler, Muyang, Novus, Behn Meyer, Lohmann Tierzucht, and distributors as P&N, Asia Pacific.

During the three-day expo, open from Wednesday 19 to Friday 21, there were sideline events, including seminars and trade promotion meetings held by the Vietnamese Ministry of Agriculture and Rural Development (MARD) and the Federation of Asian Veterinary Associations (FAVA) to promote livestock and aquaculture development in Viet Nam, as well as facilitate trade partnership between local and foreign firms.

ILDEX Viet Nam 2014, the fifth edition of its kind, wass expected to attract around 15,000 person-times of visitors.

In 2013, Viet Nam attracted more than 1,530 newly-licensed FDI projects and 590 expanded FDI projects, of which 501 projects were in the agriculture, fishery and forestry sector. Out of the total newly-registered and expanded capital of $22.35 billion flowing into the country, only $3.35 were invested in the agriculture, fishery and forestry sector, according to MARD's statistics.

During the 2009-2013 periods, the livestock breeding sector received little attention from foreign investors, with only 45 FDI projects registered, worth $75 million. Of this investment amount, 94 per cent were poured into animal feed production, while only four per cent in research and development (R&D) of little stocks, and one per cent for poultry and animals breeding, said the ministry.

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