Under an agreement concludedlast Friday, the foreign partner will invest 6 million USD in Anova'sfish feed plant in Long An, representing 51 percent of the total valueof the joint venture company.
Anova CEO David Serene saidthe plant will begin operations with the new status as a JV on February 1with an output of 60,000 tonnes of fish feed, focusing on catfish,which is widely farmed in the Cuu Long (Mekong) Delta.
Thecompany will develop growth models to help customers monitor their fishperformance against expectations, he said. Feed management strategieswill be worked out with customers to make the feeding regime mosteffective, he added.
EWOS deputy managing director EinarWathne said his company will also work with customers to provideinformation on the feed to fish buyers in the US and Europe, supportingfish sales in high quality markets ./.

HCM City records unexpected positive credit growth in January
As of the end of January, Ho Chi Minh City's total credit balance had reached over 3.94 quadrillion VND (154.6 billion USD), up 0.04% from the end of 2024, and 12.43% year-on-year.