Provimi Viet Nam (Vietnam)

The company is well-known as a large foreign-invested project, specializing in manufacturing and supplying PREMIX and additives for feed production. Provimi is a company of animal nutrition and related products, originally started in the Netherlands and has expanded its facilities to over 80 factories in 28 countries. In the Asia Pacific, Provimi appears in China, India, Singapore, Vietnam, and the Philippines. Since Nov 2011, Provimi completed the merger with Cargill in the field of animal nutrition. In Jan 2023, Mr. PHAM DUC THANG replaced Mr. FERING THOMAS JOHN in the position of General Director/ Legal Representative. The subject has also moved to a new address at "Road No. 5, Giang Dien Industrial Park, Giang Dien Commune, Trang Bom District, Dong Nai Province", with a total construction area of ​​up to 10,000 sqm. Especially, the company has a remarkable adjustment of charter capital, from VND 12 billion to VND 524.431 billion. In the media, no project information related to this capital increase was found. The subject did not cooperate to share in depth about this issue.In general, the subject belongs to Cargill Group - one of the largest animal feed distributors in Vietnam and the top 3 in the world, so its future is bright. Currently, Vietnam is also in the top 10 animal feed-producing countries in the world. However, the animal feed production market in 2023 will also face many difficulties as raw material prices increase due to summer heat waves, historic droughts in Europe, and other climatic conditions in other regions. Key areas that have affected crop yields, inflation, or supply chain bottlenecks and product shortages are a top concern in the post-COVID years.