Despite growth in production and exports, poor value chain integration and demand forecasting hinder progress
The investment reflects the company’s confidence in Vietnam’s development potential and its long-term commitment to supporting the country’s growth.
The move aims to ease tensions after the Trump administration imposed steep tariffs on Vietnamese imports.
Vietnam has gained access to Singapore’s market for heat-processed poultry and eggs. Livestock exports from Vietnam are set to increase with the new market opening.
The facilities will be constructed in two phases under an agreement with the Vietnamese government, focusing on beef, pork, and poultry production.