Accordingly, the two sides will co-operate in 12 poultry projects in southern provinces of Vietnam between 2025 and 2030.
Upon addressing the signing ceremony in Hanover city, Bernd Meerpohl, chairman and general director of Big Dutchman, revealed that the group is one of the world's leading suppliers of solutions in poultry and pig farming, including high-tech housing and farm equipment.
First established in 1938, the group has made its presence across five continents and has since established offices in more than 100 countries worldwide.
He described Hung Nhon as a professional and trustworthy agricultural group, adding that the local firm has a lot of experience and a deep understanding of the specific business characteristics needed to operate in the Vietnamese market, especially in the field of livestock farming.
He therefore expressed a keen desire to co-operate with Hung Nhon in order to share experiences and fully tap into the strengths of each side to make further significant progress in the future.
For his part, Vu Manh Hung, chairman of Hung Nhon Group, spoke highly of the German group’s strengths, including 90 years of experience in the livestock sector, a strong financial potential, and advanced barn technologies which fully meet international standards.
These can be considered necessary factors for Hung Nhon to realise the goal of becoming an agricultural group with a "green" production chain in Vietnam, which in turn will meet export standards to the Halal market.
He said that the group boasts 17 member companies and the DHN chain system, with about 1,000 hectares of farms in the Southeast and Central Highlands regions.