Hanoi(VNA) – The CP Vietnam Corporation, based in the southern province of BinhPhuoc, plans to invest in a project to raise and process 100 million chickensper year for export.
According to VuAnh Tuan, Deputy Director General of the CP Vietnam Corp, in the first phase ofthe project, worth nearly 250 million USD, the company will produce one millionchickens per week.
The project aimsto expand chicken export markets, ensuring food safety, product origin tracingand a sustainable business environment.
The corporationhas clients in Japan and the EU, Tuan said, adding that Vietnam can competewith Thailand in chicken exports, as the country has the same chicken breedingcost as Vietnam.
The firm will investin chain chicken production, from producing chicken feed, to breeding chickensand then to slaughtering them.-VNA