A survey in Ho Chi Minh City found imported Russian pork belly at about 107,500 VND per kg, while domestic pork belly was nearly 167,000 VND per kg, roughly 55% higher. Although pork imports in the first eight months rose 19% in volume to 124,100 tonnes, their value fell about 24% to 213 million USD, while domestic pork output in nine months reached 4.28 million tonnes, up 4.4%. Live hog prices in Vietnam in mid-October reached 51,700 VND per kg, the second highest among nine markets compared, while slaughter, transport and distribution costs further push up retail prices. Feed accounts for 60-70% of livestock production costs and Vietnam imports 70-80% of its raw materials, while sows produce 18-22 pigs a year, compared with about 36 in developed markets. Industry officials say improving competitiveness requires better breeding stock, productivity, disease control and domestic feed materials.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Thịt heo Việt đắt hơn hàng nhập khẩu
Read the original on VnExpress ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
DBC
▲ Likely positiveDABACO
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Food & Beverage |
| Industry | Farming & Fishing |
| Market cap | 7,005 bn VND |
| P/E | 6.9 |
| P/B | 0.80 |
| Close on 10/26/2026 | 16.25 |
| Change that session | -1.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- How Import Tariffs Could Impact Kansas Grocery Bills
Many staple foods in U.S. kitchens, such as coffee, orange juice, fruit, seafood, beef and chocolate, rely heavily on imports, making grocery prices sensitive to trade policy. The article cites Federal Reserve research finding that the tariffs imposed in 2025 gradually pushed up retail prices as higher import costs passed through supply chains. After the Supreme Court invalidated IEEPA tariffs in February 2026, a temporary 10% Section 122 surcharge expired in July 2026 and was replaced by Section 301 tariffs of 10% to 12.5%. According to the Penn Wharton Budget Model, the average effective tariff rate was 6.7% as of July 2026, nearly triple the 2.3% before Trump returned to office in January 2025. The U.S. imported over $219 billion in agricultural products in 2025, many of which cannot be grown domestically at sufficient scale.
- Food imports wiped out rice mills , worsened loans – Sanusi
Emir of Kano Muhammadu Sanusi warned that opening Nigeria's market to food imports, including Thai rice, wiped out local rice mills and left banks with bad loans from agricultural investments, even though it helped lower food prices after the petrol subsidy removal. He argued the policy undermines domestic production and long-term food security, and said the government could help poor households without exposing local farmers to overwhelming import competition. He also said Nigeria spends about 100% of its revenue on debt servicing and that governments focus on visible projects while rural communities lack basic bridges. Sanusi said over 50% of under-fives in Kano State are malnourished and about 40% of women of childbearing age are anaemic, urging prevention during pregnancy and early childhood.
- Midterm campaigns are asking , where the beef ? How much does it cost ?
Meat has become a campaign issue in the midterm elections, as candidates from both parties trade attacks over high beef prices and each other's diets. In Mississippi, Democratic Senate candidate Scott Colom used a video clip of Republican incumbent Cindy Hyde-Smith saying consumers have many proteins to choose from. Republicans have branded several Democrats as vegan or anti-meat, including James Talarico in Texas, Manny Rutinel in Colorado, Lindsay James in Iowa and Amish Shah in Arizona. Democrats mainly frame meat as one of the staples that cost more under Trump, whose moves to open U.S. markets to beef imports have angered U.S. producers while prices stay high. According to the Bureau of Labor Statistics, the average pound of ground beef cost $6.79 last month, up from $5.55 in January 2025.
- Midterm campaigns ask: where's the beef? And how much does it cost?
Meat has become a midterm campaign issue as Democrats and Republicans trade attacks over high prices and each other's diets. In Mississippi, Democrat Scott Colom's ad clipped Republican Sen. Cindy Hyde-Smith saying consumers have many proteins to choose from if beef prices upset them. Republicans have branded Democrats in Texas, Colorado, Iowa and Arizona as vegan or anti-meat based on past remarks and activism, while Democrats cite meat prices as a cost-of-living problem under Trump. According to the Bureau of Labor Statistics, ground beef averaged $6.79 per pound last month, up from $5.55 in January 2025, and Trump's move to open U.S. markets to beef imports, especially from Argentina, has angered U.S. producers.
- 23/10: What to Read Before Stock Trading?
This digest covers major Vietnamese and international financial and economic news from the past 24 hours. PNJ's share price fell after its extraordinary shareholder meeting, as no investors had yet committed to its share issuance, while RESCO plans to withdraw capital from 13 companies. Dabaco (HOSE: DBC)'s net profit fell nearly 42% as hog prices dropped, despite strong gains in its vegetable oil and animal feed segments. Masan (HOSE: MSN) more than doubled its profit in nine months, surpassing its full-year baseline plan. The draft amended Land Law proposes compensation in land for the same purpose, other land or cash, while the CCP mechanism is expected from Q1/2027.
- Hoa Phat Agriculture sets date for 2026 interim cash dividend
Hoa Phat Agriculture (HPA) will pay an interim cash dividend for 2026 at 18%, equal to 1,800 VND per share, with a last registration date of 12/11/2026 and payment expected on 27/11/2026. With 285 million shares outstanding, HPA expects to pay about 513 billion VND, funded by undistributed after-tax profit in the interim financial statements reviewed as of 30/6/2026. Parent company Hoa Phat Group (HPG), which holds over 84.5% of the capital, is expected to receive nearly 434 billion VND. In Q3, consolidated revenue fell 19% to 1,685 billion VND and after-tax profit fell 16% to 300 billion VND year on year, mainly due to lower volumes of pigs and cattle sold. For the first nine months, HPA earned 948 billion VND, completing 94% of its full-year after-tax profit plan, with pig farming as the main driver.
Related markets
Latest news
- Why US President Donald Trump Will Ban the Term “AI” (Artificial Intelligence)
President Donald Trump said he will ban the term “artificial intelligence” from official documents and other areas, calling it inaccurate and preferring “super intelligence” (SI). The executive order says the executive branch will no longer accept “artificial intelligence” and “AI” in appropriate contexts from now on, but does not require agencies to revise existing rules, contracts or documents. Science and technology adviser Michael Kratsios has 60 days to determine how far the new term will replace the current legal definition of “artificial intelligence.” Trump has disliked the term since July 2025, ran a Truth Social poll in September 2026, and after meeting with billionaires who lead AI companies, signed what he called an ethics-binding deal, known as the White House Accord on Super Intelligence.
- Billionaire Ken Griffin Says AI Is "Almost Certainly" in a Bubble. Here's What That Means for Crypto Investors.
At Citadel’s Future of Global Markets Conference in New York, billionaire Ken Griffin said AI is “almost certainly” in a bubble, while remaining optimistic about companies that survive the bursting. The article says it is hard to tell which AI firms will be winners or losers, which is why the stock market struggles to value many AI stocks. For crypto investors, it outlines shifting capital from AI-linked assets toward more established names such as Bitcoin, which has risen to $80,000 from a summer low of $60,000 and is seen by some as a possible safe haven. It also points to the intersection of AI and blockchain, citing NEAR Protocol, which is up nearly 180% this year, and cautions against crypto firms that have recently pivoted to AI.
- The US signals again to Russia: Washington unexpectedly considers lifting sanctions on Russia's major investment fund
According to TASS, the US Treasury may review a sanctions exemption request from the Russian Direct Investment Fund (RDIF) through its standard process, an anonymous US official said. This is only an initial review and does not mean Washington has decided to lift restrictions; RDIF was placed on the sanctions list on February 28, 2022. RDIF CEO Kirill Dmitriev, who is also Putin's special envoy, is taking part in contacts aimed at boosting Russia-US economic ties and finding a solution to the Ukraine conflict. Earlier, on October 9, President Trump announced a deal with President Putin to bring Russian diesel back to the US and international markets, with planned shipments of about 300,000 tonnes in October, 500,000 tonnes in November and one million tonnes after that. If sanctions are eventually eased, the article says, this could open more room for economic cooperation between the two countries.
- Amazon (AMZN) reports Q3: everything you need to know ahead of earnings
Amazon (AMZN) will report its third-quarter results this Thursday after market hours. Last quarter, the company beat analysts' revenue expectations with $200.6 billion in revenue, up 19.6% year on year, and also solidly beat EPS estimates. The market expects revenue growth of 12.3% year on year this quarter, slowing from the 13.4% increase in the same quarter last year. Analysts have generally reconfirmed their estimates over the past 30 days, and the article notes that Amazon has a history of exceeding Wall Street's expectations.
- Vietnam's financial market in 2027 faces pressure on liquidity and credit quality
Saigon Ratings says Vietnam's financial market showed significant changes in the first nine months of 2026: GDP grew 9.01%, realised total social investment reached about VND 3,109.6 trillion (up 15.1%), and realised FDI reached USD 21.07 billion (up 12.1%). As of 28 September 2026, credit growth was 10.89%, below 13.37% a year earlier and faster than deposit mobilisation (9.78%) by about 1.11%, which could strain liquidity if loan demand rises sharply late in the year. Corporate bond issuance is recovering but diverging across issuers, with heavy maturity pressure in Q4 2026 and 2027, especially in real estate. Average CPI for nine months was 4.52% and the goods trade deficit was USD 19.42 billion, factors that could affect capital mobilisation and credit quality. Saigon Ratings outlines three development scenarios for 2027.
- Jio shares surge over 20% in blockbuster market debut
Jio Platforms (NSE:JIOP) shares rose more than 20% in their Mumbai debut, following India's largest-ever IPO, which raised $3.2 billion. The stock climbed as much as 22.8% to 1,374.50 rupees against an IPO price of 1,119 rupees, valuing the company at about $131.5 billion according to Reuters. Demand exceeded the shares on offer more than 22 times, with bids worth about $77 billion led by institutional investors. Jio is now India's second-largest listed company by market capitalisation, behind parent Reliance Industries. Backed by Meta and Google, it serves more than 530 million customers and is central to chairman Mukesh Ambani's plan to turn Reliance into a diversified consumer and technology group.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.