Australia bullish on Vietnam’s beef market

09:40 | 14/07/2015 Trade

Chairman of the Australian Livestock Export Corporation Ltd David Galvin will meet with representatives from the Ministry of Agriculture and Rural Development (MARD) this July 24-25 in regards to increasing live cattle exports for slaughter.

Australia bullish on Vietnam’s beef market

According to Vietnam’s Trade Office in Australia, Chair of the Australian Livestock Exporters Council Simon Crean will also accompany Galvin on the visit to provide assistance on technical matters.

According to official Australian statistics, live cattle exports to Vietnam have witnessed a 90-fold increase over recent years, having risen from 1,500 to 131,000 during the period 2011-2013.

Last year, Vietnam imported an estimated 150,000 heads of cattle for slaughter and processing from Australia to satisfy the increasing demand for beef in the Southeast Asian nation./.

Source: VOV News