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Tuesday, September 23, 2008
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Vietnamese Dairy Crisis Needs Intervention

VIET NAM - As the global dairy industry booms, Viet Nam is being left behind - with the high cost of feed and the low retail prices for milk bringing the industry to a halt.

Dairy farming is booming all over the world, with record prices for cows, calves and dairy products.

But in Ho Chi Min city, farmers are going bankrupt at such a rate, the government has decided to intervene, reports the Argentine Beef Packers. S.A.

A report is being prepared into the industry, for the governments consideration, on how best to assist the dairy farmers.

Further Reading

- Go to our previous news item on this story by clicking here.

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