Mavin to invest in food processing plant in Vietnam
Vietnam – Austria joint venture Mavin will invest in a high-tech variety research and development centre and a food processing plant in the south at a total cost of over 80 million USD, said its Chairman David John Whitehead.
Hanoi (VNA) – Vietnam – Austria joint ventureMavin will invest in a high-tech variety research and development centre and afood processing plant in the south at a total cost of over 80 million USD, saidits Chairman David John Whitehead.
Recently, Mavin Group inaugurated an animal feed warehousein the Mekong Delta province of Tien Giang. Covering an area of nearly 1,000sq.m, it accommodates up to 1,000 tonnes of animal feed to serve customers inthe southwest and Ho Chi Minh City, thus strengthening Mavin brand in theregion.
Earlier in May 2018, the group inaugurated an animal feedplant in the Mekong Delta province of Dong Thap, which was its largest andmodern plant in the region.
Mavin put into use a warehouse in Dong Thap and a breedingpig farm in the Mekong Delta province of Hau Giang with 200 sows, 100 boars and3,000 young pigs, contributing to improving sow quality in the locality.-VNA
A conference on promoting investment between the Mekong Delta province of Dong Thap and the Australian Business Group in Vietnam took place in Ho Chi Minh City on September 27.
The animal feed industry, which is growing at 10-15 percent annually, is highly attractive to foreign investors, who are steadily expanding their production.
Sunjin Group from the Republic of Korea inaugurated its new animal feed factory at Dong Van IV Industrial Park, in Kim Bang district, the northern province of Ha Nam on November 16.
Mavin Group, a food joint venture between Australia and Vietnam, is aiming to export Vietnamese duck meat in the future, given the increasing demand for this product.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
