Green livestock farming is to be further promoted
Vietnam’s livestock farming has rapidly developed with the average growth rate of between 5 - 7% annually.
Tax on imported wheat and corn to be cut to help livestock industry
To support the development of the domestic livestock industry, especially in the context of Covid-19, the Ministry of Finance has proposed cutting the preferential import tax rate on wheat and corn, which account for a high proportion the ingredients in animal feed, to 3 per cent.