Geopolitical tensions, supply shortages, and avian flu outbreaks disrupt global poultry markets.
The deal marks another expansion move by Global Eggs, a company linked to Brazilian businessman Ricardo Faria.
Poultry farmers remain on high alert as fears of another outbreak intensify. Additionally, the government and industry stakeholders are working to prevent a repeat of 2023’s devastating losses.
The facilities will be constructed in two phases under an agreement with the Vietnamese government, focusing on beef, pork, and poultry production.
France lifts restrictions on outdoor poultry farming after a nationwide vaccination campaign helps control bird flu outbreaks.