Ho Chi Minh City will become the first locality in Vietnam to pilot pork listing and trading on the Mercantile Exchange of Vietnam (MXV), aiming to improve price transparency, quality control, and traceability, according to the southern city's Department of Industry and Trade.
The city is the country’s largest pork consumer, with daily consumption of 13,000–14,000 pigs and an annual market value exceeding VND25 trillion ($960 million).
A representative of the MXV said the pilot will focus on post-slaughter pork carcasses that meet strict standards on quality, food safety, and traceability. Participation will be voluntary, with the model operating alongside traditional distribution channels to avoid market disruption while ensuring regulatory compliance.
Mr. Tran Huu Linh, Director General of the Agency for Domestic Market Surveillance and Development under the Ministry of Industry and Trade, said linking exchange-listed prices with traceability standards would help improve delivery quality, enhance food safety, better regulate supply and demand, and establish a reliable market benchmark.
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