Vietnamese giants invest trillions of dong in raising pigs - News Summed Up

Trending Today


Vietnamese giants invest trillions of dong in raising pigs


Meat Deli products at a supermarket. And pig farming has become an attractive business because pork is the main animal protein in Vietnamese meals, accounting for about two-thirds of total meat consumption.By 2026, each Vietnamese person will consume on average more than 51kg of meat per year, up 9% compared to this year’s expected consumption. This is a huge chance for big companies to jump in.According to the financial report of Thaiholdings JSC, its subsidiary Thaigroup has cooperated with a third party to invest 600 billion VND (25.3 million USD) in a pig farming project in Thanh Hoa province. In this field, the company achieved revenue of nearly 1.5 trillion VND in 2021, a gain of nearly 58% over 2020. The company will continue to invest in a market with an expected value of 5 billion VND in the future./.


Source: Viet Nam News September 22, 2022 21:38 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */