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De Heus and Hung Nhon sign MoU to develop agriculture projects

Signing ceremony of MoU between De Heus and Hung Nhon. (Image source: Ministry of Agriculture and Development)

The Dutch Royal De Heus Group and the Vietnamese Hung Nhon Group signed an MoU establishing a strategic partnership to set up a number of agricultural projects

Under the terms of the MoU, De Heus and Hung Nhon are expected to establish and develop a number of agricultural projects in collaboration. The signing event was witnessed by Vietnamese Prime Minister, Pham Minh Chinh, as well as Vietnamese and Dutch ministers and department heads.

According to the agreement, De Heus and Hung Nhon plan to cooperate, construct, and develop projects in agricultural fields such as poultry and livestock breeding, development of raw materials (corn and cassava) for feed production, and high-tech agricultural production value chain based on the Dutch cooperative model in Vietnam.

In the field of high-quality cattle and poultry breed production for the Vietnamese market, the two parties would promote a high-tech model of livestock value chain between 2022 and 2030. Hung Nhon will invest in the construction of large-scale, modern cattle farms that meet international standards.

De Heus will supply animal farms with high-quality, internationally-standardised pig and poultry breeds. The capacity is expected to reach 7,500 Great Grand Parents (GGP) breeding swine in the Central Highlands region; 30,000 commercial sows in the southeast, South Central, and Central Highlands; 58mn breeder chickens and 25mn broiler chickens in Tay Ninh; and 58mn breeder chickens and 25mn broiler chickens in Tay Ninh. Annual revenue is anticipated to approach US$2bn.

Vu Manh Hung, chairman of the Board of Directors, general director, Hung Nhon, stated, "De Heus is the world's largest firm in agriculture, providing services for famous brands such as De Heus, Windmill, and Koudijs, among others. Consequently, working with De Heus is an honour for Hung Nhon. As a result of this partnership, Hung Nhon obtains sophisticated breeding technologies from the Netherlands. From there, construct future large-scale agricultural projects in Hung Nhon." 

De Heus and Hung Nhon, as part of their collaboration plan, have developed a chain of high-tech agricultural complexes DHN in three provinces of the Central Highlands, namely Lam Dong, Dak Lak, Gia Lai, and the future two provinces of Dak Nong and Kon Tum.

The complex is to use 4.0 technology throughout the breeding process, therefore facilitating the management of livestock quality, the optimisation of livestock performance, the reduction of product costs, and the achievement of high economic efficiency. Using a grid-connected solar power system, which generates 30% of clean electricity, substantially reduces CO2 emissions compared to conventional power sources.