Representatives exchange signed documents at the signing ceremony. — Photo of baoquangninh.vn

Việt Nam’s Quan Minh Co. Ltd and the Netherlands’ De Heus Co. Ltd signed a comprehensive cooperation agreement in the northern province of Quảng Ninh on March 20, marking a significant step forward in Việt Nam's aquaculture industry.

Both sides will jointly study and develop models for raising and producing various aquatic varieties, as well as process and trade aquatic products.

Additionally, they will work together to produce high-yield and high-quality aquatic varieties, with a target production capacity of about 5-6 billion mollusks per year while seeking domestic and foreign markets to consume products.

They will seek investment capital to develop farms, aquaculture businesses and distribution networks. The collaboration also aims to establish a closed chain encompassing seafood processing, purchasing, preservation, marketing, and export.

In Quảng Ninh, Quan Minh acts as a focal point linking with associated companies and cooperatives in Vân Đồn. Together, they are building a large-scale integrated seafood production and export chain covering 2,000ha across Vân Yên, Quan Lạn, and Minh Châu communes.

De Heus Co. Ltd., a subsidiary of De Heus Group, brings expertise in animal feed production. Founded in Việt Nam in late 2008, the company operates nine factories and a nationwide distribution network, specialising in providing high-quality feed for livestock, poultry and fisheries. — VNS