Ho Chi Minh City's pork consumption market is preparing to embrace a new development with the pilot launch of a pork exchange from December 1, 2025.
The projected exchange is forecast to handle transactions exceeding VND25 trillion (over $948.4 million) annually.
The City Department of Industry and Trade has collaborated with relevant departments, businesses, and the Vietnam Commodity Exchange (MXV) to research a pork trading model since 2019. The exchange's goal is to establish a trading method that ensures traceability, quality control, food safety and hygiene, and protects the interests of both livestock farmers and consumers.
Survey results and expert opinions indicate that building a pork exchange is necessary to overcome current limitations in the supply chain, such as high circulation costs, lack of price transparency, and difficulty in controlling traceability and quality of products.
Once established, the exchange will help optimize the supply chain, reduce intermediary costs, enhance the effectiveness of state management, and contribute to market stabilization, limiting speculation and price manipulation.
The city is progressively implementing traceability, with many large enterprises participating in market stabilization and a specific mechanism for building an international financial center, all creating a favorable foundation for the efficient operation of the exchange.
According to experts, the launch of the pork exchange is not only a step forward in modernizing the pig farming and pork consumption industry but also a testament to the city's sustainable development.
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