Vietnam's edible bird's nest industry shows swift growth as demand soars
HOCHIMIN CITY--With its favorable weather, Vietnam has good potential for farming swifts for edible nests, but local authorities should make zoning plans to ensure the sustainable development of the new industry, a conference heard in Ho Chi Min City last week.
The swift-breeding industry has developed quickly in many places like Indonesia, Malaysia, Thailand, the Philippines, Australia and Hong Kong, producing more than 100 tons of nest annually worth more than US$200 million.
Vietnam has many places suitable for it, and it is likely to become a profitable industry in the country just like other places in the region. Besides developing indoor breeding, local authorities should also make efforts to protect the birds in their natural habitats, mostly on islands, she said.
Global demand for bird's nest is expected to increase by more than 10 percent a year in the next two decades, Le Vo Dinh Tuong of the Ho Chi Min City Institute of Chemical Technology said.
With supply far below demand, prices have spurted. From a mere US$30 per kilo in 1970 the cost increased to US$1,500 per kilo last year.
With proper planning, bird's nest could become one of the country's major export items in the near future, he said.
According to recent statistics, Vietnam produces around 10 tons of birds' nests a year.
The swift-breeding industry has developed quickly in many places like Indonesia, Malaysia, Thailand, the Philippines, Australia and Hong Kong, producing more than 100 tons of nest annually worth more than US$200 million.
Vietnam has many places suitable for it, and it is likely to become a profitable industry in the country just like other places in the region. Besides developing indoor breeding, local authorities should also make efforts to protect the birds in their natural habitats, mostly on islands, she said.
Global demand for bird's nest is expected to increase by more than 10 percent a year in the next two decades, Le Vo Dinh Tuong of the Ho Chi Min City Institute of Chemical Technology said.
With supply far below demand, prices have spurted. From a mere US$30 per kilo in 1970 the cost increased to US$1,500 per kilo last year.
With proper planning, bird's nest could become one of the country's major export items in the near future, he said.
According to recent statistics, Vietnam produces around 10 tons of birds' nests a year.
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