The ceremony to open the food processing factory in Dong Nai province on October 10 (Photo: nongnghiep.vn) Hanoi (VNA) – A food processing factory worth 7 million USD was opened in Trang Bom district, the southern province of Dong Nai, on October 10. The factory, covering 6 hectares in Trung Hoa commune, was built under a partnership between the GreenFeed Vietnam JSC and Dong Nai Food Industrial Corporation (DOFICO). It is equipped with pig and chicken slaughtering lines and a European-standard food production system. With technologies imported from Germany and Denmark, it can slaughter 250,000 – 300,000 pigs and 6 – 9 million chickens a year to produce about 19,000 tonnes of pork and 10,000 – 13,000 tonnes of chicken meat. This plant is also set to manufacture about 3 – 5 tonnes of processed meat products daily. An executive of DOFICO said the inauguration of the factory has created a complete production chain from animal food … [Read more...] about Dong Nai opens 7-million-USD food processing factory
Food processing
Vietnam has great ambition to develop food processing industry
VietNamNet Bridge - Vietnam has great natural advantages and high capability to develop the food processing industry, experts say. The food consumption value is estimated at 15 percent of GDP The annual food consumption value in Vietnam is estimated at 15 percent of GDP. The processed food volume has been increasing by 9.68 percent per annum in the last five years, while the figure is 6.66 percent per annum for beverage consumption. Vietnamese enterprises are capable of processing food to export products. It has always been one of the biggest exporters of rice, coffee and cashew nuts in the world. Vietnamese enterprises are capable of processing food to export products. It has always been one of the biggest exporters of rice, coffee and cashew nuts in the world. RELATED NEWS Foreign investors covet food market Vietnamese enterprises dominating processed food market Mai Chi … [Read more...] about Vietnam has great ambition to develop food processing industry
Investors develop taste for Vietnam’s food processing industry
(VEN) - The potential of domestic and export markets, in addition to preferential policies, have made the Vietnamese food processing industry increasingly attractive to domestic and foreign investors. Growing investment Investors in the food processing sector benefit from a 20 percent enterprise income tax (five percent lower than the conventional tax), while prioritized projects are exempt from the tax altogether for up to four years, followed by a 50 percent reduction for the nine following years. They are also exempted from paying import taxes on production serving technology. Taking advantage of these opportunities, a growing number of domestic and foreign companies have expanded investment in production. The Republic of Korea (Rok)’s CJ Cheil Jedang Group (CJ), for example, implemented a series of mergers and acquisitions (M&A) to expand its market share in Vietnam. In 2016, CJ bought the Ong Kim brand, spent more than VND300 billion to buy four percent plus of Vissan … [Read more...] about Investors develop taste for Vietnam’s food processing industry
Thousands of children benefit from food processing model
Thousands of children escape from malnutrition thanks to ECOSUN. (Photo: suckhoedoisong.vn)With the aim to reduce food security problems and malnutrition, especially among women and children, by addressing poverty and a lack of access to nutritious food, ECOSUN has improved nutritious food to suit local residents’ taste and aspiration. Under the project, nearly 1,700 children under 2 years old, over 2,500 children across 10 pre-schools, hundreds of poor female farmers who have children from 6-23 months old, have had access to more nutritious food and instruction on how to raise children by breast feeding and processed food, helping remarkably reduce the rate of malnutrition. Of which 78.8% of children have sufficient meals and the rate of child malnutrition has been reduced from 3.3-4.2%. Although the project has been completed, children and women in the 3 mountainous provinces have continued to benefit from the project as they were equipped with necessary nutrition knowledge … [Read more...] about Thousands of children benefit from food processing model
Ho Chi Minh City, Ireland cooperate in food processing
At a reception for Ireland’s Minister of State for Food, Forestry and Horticulture Andrew Doyle in Ho Chi Minh City on March 14, Chairman of the Ho Chi Minh City People’s Committee Phong said that Ho Chi Minh City is interested in agricultural development, especially high-teach agriculture and food processing. He urged Ireland to intensify its cooperation and experience sharing in high-tech agriculture and the preservation and exploitation of ecological forests in service of tourism. The official applauded Andrew’s role in promoting the relations between Ireland and Vietnam, including Ho Chi Minh City, in the fields of green agriculture and food safety. For his part, Andrew expressed his admiration for Ho Chi Minh City’s rapid and dynamic development, saying Ireland appreciates the city’s role in Vietnam’s socio-economic development and wishes to enhance its collaboration with the city in areas of shared concern. Specifically, Ireland wants to share … [Read more...] about Ho Chi Minh City, Ireland cooperate in food processing