Construction began on a high-tech pig-breeding farm invested by Masan Group in Ha Son commune, Quy Hop district, the central province of Nghe An, on November 5.
Nghe An (VNA) – Construction began on a high-tech pig-breeding farm invested by Masan Group in Ha Son commune, Qu🌞y Hop district, the central province of Nghe An, on November 5.
Covering an area of 223 hectares, the 1 trillion VND (45 million USD) Masan Nutri-Farm is the largest pig farm in the province. It is expected to employ 350 local labourers and contribute about 1 trillion VND to the local GDP once it is operational.
According to Masan Group Chairman Nguyen Dang Quang, the farm is designed to raise 240,000 pigs a year in line with the Vietnamese Good Agriculture Practices (VietGap).
It is scheduled to become operational in the first quarter of 2017 and supply pork for the market one year later, he said.
Addressing the ground-breaking ceremony, Chairman of the provincial People’s Committee Nguyen Xuan Duong said he hopes the farm will help boost socio-economic development in the northern mountainous commune of Quy Hop and Nghe An in general.
On this occasion, Masan Group presented 150 million VND (6,750 USD) to Ha Son pre-school in Quy Hop commune and gifts to 10 farming households in the commune.
Masan Group is one of the largest private-sector companies in Vietnam. Its subsidiaries include Masan Food and Masan Resources.-VNA
The Farmers’ Union in the northern province of Bac Giang held a ceremony on November 10 to honour outstanding farmers in the locality’s three-year emulation campaign on promoting production and reducing poverty.
The People’s Committee of the central province of Binh Dinh has approved a master plan for developing the animal breeding sector by 2020 worth 1.73 trillion VND (77.9 million USD).
As one of the most vulnerable sectors to be economically impacted with the Trans-Pacific Partnership approaching, the livestock industry must move towards improving competitiveness.
A joint programme to encourage 100,000 livestock breeding households to commit to not using banned substances in their breeding work was signed on April 20 in Hanoi.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
The ground-breaking ceremony (Source: VNA)
