Cargill on December 9 announced plans to expand its business in Vietnam with a 28 million USD investment in a new animal nutrition plant in Dong Nai province on the occasion of its 25th year of operation in Vietnam.
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 Vietnam. We are committed to the development of Vietnam’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 Vietnam.
“We will continue to make investments that advance Vietnamese communities, create a brighter future for Vietnam’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 Vietnam’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 Hanoi on the same day.
Cargill established its business in Vietnam in 1995 as one of the first American companies investing after the normalisation of the Vietnam – US relationship. Cargill has grown into one of the most trusted animal nutrition and agricultural commodity companies in Vietnam.
Over the past 25 years, the company has invested in the country and made a positive impact on the development of Vietnam’s agriculture sector, improving farmer livelihoods and enriching communities. To date, Cargill has invested more than 160 million USD in Vietnam 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 Vietnam. Cargill also brings global expertise, know-how and supply chain access to customers in Vietnam’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 5.5 million USD 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, 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.