Cargill enters Vietnam
Cargill enters Vietnam
HANOI (AFP): U.S.-based Cargill has officially opened a US$18
million animal feed plant in a southern Vietnam province, its
first project in the country, the company announced yesterday.
The U.S. agricultural product manufacturer opened a
representative office in Vietnam in 1995 and won a license to
build the plant in Bien Hoa industrial park 2, Dong Nai province,
the same year, the company said in a statement.
The plant, wholly-owned by Cargill, officially came on stream
last Saturday after 18 months of construction. It will have a
production capacity of 200,000 tons of animal feed per year.
Cargill also has a chicken hatchery opening this month and a
breeder farm under construction in Dong Nai province.
The company also applied to the Vietnamese government to build
a second feed plant in Hanoi.