Thai food giant Charoen Pokphand’s revenue in Vietnam falls 7% to $3.3 bln in 2023

Thai food giant Charoen Pokphand’s revenue in Vietnam falls 7% to $3.3 bln in 2023

Thailand’s Charoen Pokphand Foods Public Company Limited (CPF) recorded a revenue of THB116,053 million ($3.26 billion) from its Vietnam operations in 2023, down 7% year-on-year.

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

Agribusiness Hung Nhon, De Heus target $2 bln annual revenue by 2030

Agribusiness Hung Nhon, De Heus target $2 bln annual revenue by 2030

Vietnamese major agribusiness Hung Nhon Group and its Dutch partner De Heus plan to increase the annual revenue of their cooperation to $2 billion by 2030, according to Hung Nhon Group.

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

Vietnam livestock giant Dabaco targets revenue of $1.04 bln in 2024

Vietnam livestock giant Dabaco targets revenue of $1.04 bln in 2024

Vietnam’s leading livestock firm Dabaco said it targets to earn VND25.38 trillion ($1.04 billion) in revenue and VND730 billion ($29.94 million) in after-tax profit this year.

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

Indonesian industrial agri-food firm Japfa appoints new Vietnam general director

Indonesian industrial agri-food firm Japfa appoints new Vietnam general director

Japfa Comfeed Vietnam Co., Ltd., a subsidiary of Indonesia’s industrial agri-food company Japfa, has appointed Clemens Tan its new general director.

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

Cargill inaugurates 11th Vietnam factory in Dong Nai

Cargill inaugurates 11th Vietnam factory in Dong Nai

U.S.-based agribusiness giant Cargill inaugurated its 11th Vietnam factory in the southern province of Dong Nai on Monday.

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

Vietnam's livestock giants report severe loss in Q1

Vietnam's livestock giants report severe loss in Q1

The livestock segment of Hoa Phat Group, BaF Vietnam, Hoang Anh Gia Lai and Dabaco Group reported serious losses in the first quarter of 2023 due to difficulties in the market and surging interest expenses.

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

Livestock major Dabaco incurs $14 mln loss, a record high

Livestock major Dabaco incurs $14 mln loss, a record high

Vietnam's leading livestock company Dabaco reported a loss of VND321 billion ($13.68 million) in the first quarter of 2023, a record loss in the firm's history, while in the same period last year it made a profit of VND9 billion ($383,500).

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

Japan’s Sojitz, Vinamilk builds $500 mln breeding, beef processing complex

Japan’s Sojitz, Vinamilk builds $500 mln breeding, beef processing complex

Japanese company Sojitz and Vietnam’s largest dairy manufacturer Vinamilk on Wednesday broke ground on their $500-million complex for raising cows and supplying beef located in northern Vietnam, a project expected to advance Vietnam’s livestock industry.

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

Livestock major Dabaco profit falls 81% to $6.4 mln in 2022

Livestock major Dabaco profit falls 81% to $6.4 mln in 2022

Vietnam's leading livestock company Dabaco reported an after-tax profit of VND150 billion ($6.4 million) in 2022, down 81% year-on-year, and only reaching 16% of its target.

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

$21-mln animal feed plant inaugurated in northern Vietnam

$21-mln animal feed plant inaugurated in northern Vietnam

CNC International Nutrition JSC inaugurated a VND500 billion ($20.84 million) animal feed factory in Hai Duong late last week, its second in the northern province.

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

Animal husbandry draws big investments in Vietnam

Animal husbandry draws big investments in Vietnam

Both domestic and foreign investors are heating up the race in animal husbandry in Vietnam, where the industry offers numerous expansion opportunities.

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

HAGL gets go-ahead for Global GAP farming project

HAGL gets go-ahead for Global GAP farming project

The Central Highlands province of Gia Lai has permitted Hoang Anh Gia Lai JSC to develop a sustainable fruit and livestock farming project covering almost 1,700 hectares.

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