According to statistics of the Department of Livestock Production – Ministry of Agriculture and Rural Development, as of the third quarter of 2021, the total pig herd of our country reached 28 million heads, equivalent to about 90% of the total herd before the outbreak of the African swine fever epidemic. Therefore, many businesses have plans to joint venture and develop pig herds in the near future.
One of the notable events was the signing ceremony of cooperation between Can Tho Agricultural Technical Materials Joint Stock Company (TSC) and Dabaco Vietnam Group Joint Stock Company (Dabaco), a cooperation agreement in the developing pig production with the goal of reaching 1 million heads by 2028 in the southern provinces from Da Nang onwards was signed. According to the cooperation agreement, Dabaco is responsible for providing seeds, food, veterinary Medicine, and techniques, and TSC is responsible for finding the location, building barns, and providing livestock equipment. The total investment capital of the joint venture is up to VND 3,000 billion, of with TSC contributes 55% and Dabaco contributes 45% of the value.
Explaining why the joint venture aims to achieve 1 million pigs by 2028, Mr. Nguyen Nhu So – Chairman of the Board of Directors of Dabaco Vietnam Group said that to have 1 million pigs, it is necessary to have 40,000 mother pigs. It takes 4 years, ie 2026, we will have 40,000 mother pigs, so it will take 2 years for the joint venture to have a total herd of up to 1 million pigs. Mr. So also added that the cooperation in developing the southern pig herd with TSC will help the plan to develop a total herd of up to 2.5 million pigs, equivalent to supplying over 10% of the meat output to the market to be achieved in 2028. Not only that, Dabaco has now found and worked with many localities and has land plots to deploy projects in some localities such as Binh Phuoc, Binh Duong…. Now cooperating with TSC, we just need to focus together to have resources to accelerate the project to shorten the time. In parallel with the implementation of existing projects, the joint venture will continue to work with localities so that all localities from Da Nang onward have livestock facilities to reduce transportation when supplying. market. The output of our joint venture is expected not only to serve the domestic market but also to export through further processed products from pork to bring in higher value.
Mr. Nguyen Nhu So – Chairman of DABACO at the signing ceremony
Speaking at the signing ceremony, Mr. Nguyen Van Sang – Chairman of the Board of Directors of FIT Group – TSC’s parent company said that TSC is a Holdings specializing in basic commodities, agriculture, food, etc. That TSC invests in the livestock sector is also part of the current expansion plan to develop and optimize the abundant financial resources. The cooperation between TSC and Dabaco has a great meaning in saving a lot of cost and effort and especially in reducing a lot of risks in technology, breed, and breeding techniques for TSC for the new livestock sector. This cooperation also helps TSC grow into a billion-dollar company in the future. As for the project implementation plan, Mr. Sang said that the first farm will be deployed from Binh Phuoc, trying to build a barn 6 months later and a year later to conduct livestock.
Mr. Nguyen Van Sang – Chairman of FIT Group – the parent company of TSC at the signing ceremony
Dabaco is currently a unit operating and trading in the field of animal feed production, livestock and poultry breeds and food processing. The company has achieved great success in developing the whole value chain from seed production to animal feed, animal husbandry, and meat processing. In particular, Dabaco is also a pioneer in the research of Vietnam’s African swine fever vaccine.
TSC is one of the leading agricultural enterprises supplying to the market a variety of products ranging from seeds, fertilizers, agro-pharmaceuticals, and agricultural products to food. Notably, TSC owns 80% of shares of Khanh Hoa Mineral Water Joint Stock Company (Vikoda). Currently, Vikoda is likened to TSC’s “diamond mine” in terms of the rarity of mineral water with pH 9.0. In addition, the enterprise also owns Westfood Processing Export Joint Stock Company – Westfood which is building MD2 pineapple raw material area up to hundreds of hectares. At the same time, Westfood also focuses on investing in machinery, equipment, modern infrastructure, R&D activities, and product diversification, helping Westfood’s long-term cooperation with major partners in the world such as Korea, Japan, Europe, USA …
