Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks

Agriculture firm BAF Vietnam plans to take $21 mln loan from foreign banks

BAF Vietnam Agriculture JSC plans to secure a syndicated loan of up to VND500 billion ($20.9 million) from foreign banks, according to a resolution approved on Monday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC to invest $39 mln in Vietnam agri major BaF as strategic partner

IFC to invest $39 mln in Vietnam agri major BaF as strategic partner

The World Bank’s investment arm IFC has become a strategic partner in Vietnam-based BaF following Vietnamese regulatory approval of an IFC proposal to invest $39 million investment in the leading agri firm.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Company pins high hope on 'vegetarian pork'

Company pins high hope on 'vegetarian pork'

Following the attention-grabbing launch of “banana-fed pigs” products by businessman Doan Nguyen Duc, “vegetarian pork” branded BaF Meat by his peer Truong Sy Ba has debuted amid high company expectations.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Phu Yen okays $32-mln high-tech livestock project

Phu Yen okays $32-mln high-tech livestock project

The south-central province of Phu Yen has approved in principle a high-tech livestock project worth VND794 billion ($32 million), supplying the market about 300,000-350,000 piglets a year.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam agri firm BaF postpones bond issuance to IFC over new rules

Vietnam agri firm BaF postpones bond issuance to IFC over new rules

Vietnamese pork producer and feed mill operator BaF has put off its VND600 billion ($24.46 million) convertible bond issuance to the World Bank’s investment arm IFC due to new regulations on corporate bond issuance via private placements.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC investment head joins agri-producer Mavin’s board of directors

IFC investment head joins agri-producer Mavin’s board of directors

Adam Sack, chief investment officer at International Finance Corporation (IFC), has become a nominee director on the board of directors of agri-business group Mavin, which received a $52 million investment from the World Bank unit this September.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC wants to invest $39 mln in Vietnam agri firm BaF

IFC wants to invest $39 mln in Vietnam agri firm BaF

The World Bank’s investment arm IFC has proposed a $39 million investment in BaF, a Vietnamese pork producer and feed mill operator.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7