Livestock major Dabaco invests in 8.2-hectare dry port in northern Vietnam

Vietnam’s leading livestock firm Dabaco has invested in an 8.2-hectare inland container depot (ICD) in Bac Ninh province, an emerging manufacturing hub in northern Vietnam and home to a Samsung Electronics plant.

According to the Ministry of Construction’s new decision on opening the Tan Chi ICD phase 1, the port is located in Tan Chi commune, Tien Du district – an area strategically positioned on the northern logistics map.

Situated within Dabaco Vietnam's inland waterway port system, it serves as a key transshipment point between road and waterway transport.

The inland container depot is designed to coordinate the flow of goods between industrial zones in the region and major seaports such as Hai Phong Port in Hai Phong city and Cai Lan Port in Quang Ninh province.

Once operational, it will help ease the load on existing seaports, improve cargo circulation efficiency, and enhance the competitiveness of businesses in the region.

It also marks an important step in improving the logistics infrastructure in Vietnam, especially in the northern region, which hosts major industrial centers such as Bac Ninh, Hanoi, and Hai Phong.

Dabaco has also been pushing forward several other new projects. The group previously proposed building an R&D center, a vaccine production facility, an industrial cluster in Tien Du district called Lac Ve, and a commercial center and high-rise residential complex in Bac Ninh town.

Dabaco is a leading enterprise in Bac Ninh province, with a net revenue of VND13.57 trillion ($530.6 million) last year, up over 20% year-on-year. Its after-tax profit reached VND769 billion ($30.07 million), 30 times higher than in 2023.

For 2025, Dabaco targets total revenue of VND28.76 trillion ($1.12 billion)), and an after-tax profit exceeding VND1 trillion ($39.1 million), a 31% increase compared to last year.

According to Vietnamese broker KB Securities (KBSV), Dabaco estimated its after-tax profit of VND400 billion ($15.64 million) in Q1/2025, soaring 450% year-on-year and representing 40% of the full-year target.

The company is listed on the Ho Chi Minh Stock Exchange as DBC, which closed Friday at VND29,800 ($1.17) per share.