A production line at Cargill's animal feed plant in Binh Duong Province.— Photo courtesy of Cargill
Cargill on Wednesday announced plans to expand its business in Viet Nam with a US$28 million investment in a new animal nutrition plant in Dong Nai Province on the occasion of its 25th year of operation in Viet Nam.
The facility will be equipped with state-of-the-art technology, focusing on specialty nutrition and premix products to serve Vietnamese livestock and aquaculture farmers with a broad range of animal nutrition offerings.
“The last 25 years has been an amazing journey for Cargill in Viet Nam. We are committed to the development of Viet Nam’s agriculture sector and we are optimistic about the future for Cargill and for the farmers and communities across the country,” said John Fering, managing director, Cargill animal nutrition in Thailand and Viet Nam.
“We will continue to make investments that advance Vietnamese communities, create a brighter future for Viet Nam’s future generations and help us deliver for Vietnamese customers, through quality animal nutrition and health innovations,” said Fering.
For its outstanding contribution to the development of Viet Nam’s livestock production in the past 25 years, Cargill Vietnam received the Certificate of Merit from the Vietnamese Minister of Agriculture and Rural Development in a ceremony in Ha Noi on the same day.
Cargill hands over the Nghien Loan 2 Primary School in Bac Kan Province to local authorities in November as part of the company's Vietnam School Building Project launched since in 1996 to support the local community through education. — Photo courtesy of Cargill
Cargill established its business in Viet Nam in 1995 as one of the first American companies investing after the normalisation of the Viet Nam – US relationship. Cargill has grown into one of the most trusted animal nutrition and agricultural commodity companies in Viet Nam.
Over the past 25 years, the company has invested in the country and made a positive impact on the development of Viet Nam’s agriculture sector, improving farmer livelihoods and enriching communities. To date, Cargill has invested more than US$160 million in Viet Nam to build eleven animal nutrition plants, one grain and oilseed warehouse and two aqua technology application centers for fish and shrimp.
Cargill currently employs about 1,500 people in Viet Nam. Cargill also brings global expertise, know-how and supply chain access to customers in Viet Nam’s livestock and aquaculture sectors. Through animal health and nutrition workshops conducted since 1997, Cargill has trained 1.7 million farmers on healthcare, nutritional knowledge and best practices in farm management.
The company has raised over US$5.5 million for corporate responsibility projects, notably building schools and providing quality educational facilities to serve more than 15,000 students per year. On December 12, Cargill will complete its 100th school, the Van Thanh Primary School in Yen Thanh District, Nghe An Province, as part of the company’s Vietnam School Building Project which was created in 1996 to support the local community through education. — VNS