Vietnamese firms get taste for Aussie beef amid animal cruelty scandal, by Dam Tuan, VN Express, 27 June 2016.
An edited extract of the original article is reproduced below.
Following Hoang Anh Gia Lai JSC and Red Star Company, Vietnam’s leading steel manufacturer Hoa Phat Group has launched an $8 million investment into feedlots and abattoirs to fulfill the high demand for Australian beef in Vietnam.
Vietnam’s population of 94 million people is eating an increasing amount of Australian beef, and Hoa Phat is the latest company to get involved in the market as the sector plans to increase imports to 50,000 heads annually, Australia’s FarmOnline said in a report on Monday.
To meet strict animal welfare standards enforced by Australia’s Exporter Supply Chain Assurance Scheme (ESCAS), Hoa Phat Group has been spending millions of dollars on infrastructure.
North Australian Cattle Company manager Patrick Underwood said its holding company Elders has worked closely with Hoa Phat Group to develop designs for the feedlots, estimated to cost more than $8 million.
To import cattle from Australia in the coming six weeks, Hoa Phat Livestock Development JSC (a subsidiary of Hoa Phat Group) is finalizing the construction of six feedlots.
“It is a long and rigorous checklist to ensure that any new player is ready, willing and able to import Australian cattle – and they’ll be no different,” Underwood told Farmonline…
- To view the original and unabridged article, click onto Vietnamese firms get taste for Aussie beef amid animal cruelty scandal by Dam Tuan.
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