US's Cargill to promote investment in Vietnam
Cargill has been building its 12th animal feed plant in Vietnam with a total investment capital of 30 million USD in the southern province of Binh Duong.
According to the US group’s Chairman David McLennan, the animal feed market in Vietnam has a relatively high potential, Cargill group has had plans to invest new factories in the country.
Cargill is constructing its 12th animal feed plant in Vietnam with a total investment capital of 30 million USD and a capacity of 260,000 tonnes a year in the southern province of Binh Duong. The factory is set to go into operation in the first quarter of 2017.
The group has invested 180 million USD to develop its animal feed mills system with a total capacity of 1.3 million tonnes a year in the country since 1995.
Cargill signed a 10 million USD deal with the Sai Gon International Terminals Vietnam to build warehouse in Phu My.
Apart from expanding its investment in Vietnam, the group vows to support farming households and small farms by providing them with training in animal breeding.
Besides, Cargill also plans to expand its charity work as its commitment to the sustainable development of the group in the country.
Cargill is constructing its 12th animal feed plant in Vietnam with a total investment capital of 30 million USD and a capacity of 260,000 tonnes a year in the southern province of Binh Duong. The factory is set to go into operation in the first quarter of 2017.
Cargill has invested 180 million USD to develop its animal feed mills system in Vietnam since 1995.
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Cargill signed a 10 million USD deal with the Sai Gon International Terminals Vietnam to build warehouse in Phu My.
Apart from expanding its investment in Vietnam, the group vows to support farming households and small farms by providing them with training in animal breeding.
Besides, Cargill also plans to expand its charity work as its commitment to the sustainable development of the group in the country.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years