Ipsos Publications

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The Vietnam Swine Market

Years of successful trade led Vietnam’s hog farmers toward a period of expansion, leaving them unprepared for a sudden decrease in demand from China, their largest export partner. Faced with an oversupply and few new market opportunities to pursue, hog farmers in Vietnam suddenly face difficult choices as they struggle to plot a course forward. This paper explores the background events which shaped the current Vietnamese swine market, outlines two possible scenarios for the years ahead, and makes actionable recommendations for farmers as they adjust to the new climate.