October 11, 2013

 

Vietnam imports live cows from Australia

 

 

Australia has been exporting live cattle to Vietnam for slaughtering, allowing Vietnamese consumers to enjoy fresh meat instead of imported frozen Australian beef, while Vietnamese importers enjoy a boost in profit margins.
 

Vietnam has imported 32,500 live cows from Australia since January, according to figures from a veterinary agency. An import batch of 1,500 such animals arrived at Go Dau Port in Dong Nai on Tuesday (Oct 8). Beef importers and distributors say Australian beef meets all safety and hygiene standards, thus winning the trust of consumers.

 

Upon passing all customs clearances, the cows, two meters in height and weighing 800 kilogrammes each, will be transported to the livestock farm of Trung Dong Co Ltd. There, they will undergo quarantine checks and will be slaughtered a fortnight later.

 

Trung Dong Co director Truong Thi Dong said this is the company's 10th import batch of Australian beef over the last year. The beef slaughtered from these cows will be distributed to large distribution chains like Big C, Co.op Mart, and Lotte, as well as several hotels, restaurants, and butchers," she said.

 

Dong of Trung Dong Co said it costs US$1.5 million to import 1,500 live cows, and the expense to set up the standardised facilities is double that sum. However, the huge investment pays off as profits from selling Australian beef are great.
 
Insiders say importing and selling beef from Australia yields greater profits than from Cambodia, Laos, or Thailand.

 

Further, an observer said that Australian beef appears to be the more attractive and popular product, chosen over Southeast Asian beef at many supermarkets and food stores in Ho Chi Minh City and Hanoi. The cost of Australian beef is anywhere between VND120,000 (US$ 5.70) and VND320,000 (US$15) a kilogramme, depending on parts.
 

The Vietnamese company has to establish a farm and slaughtering house that meet Australian standards in order to win a contract to import cows from their Australian partners. The partners also request that the slaughter process follow humanity standards, which means you must make an effort to prevent the animals from becoming stressed or scared en route from the farm to the slaughtering house, explained Van Duc Muoi, CEO of Vissan.

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