TSC joins hands with ‘ 188bet thể thao giant’ DABACO to invest more than VND 3,000 billion in raising 1 million pigs

Representatives of TSC Joint Stock Company and DABACO signed 188bet thể thao cooperation agreement to implement a project to develop a herd of 1 one million pigs in 188bet thể thao southern provinces

Bringing TSC to 188bet thể thao goal of billion-dollar business188bet thể thao signing ceremony of cooperation between Can Tho Agricultural Technical Supplies Joint Stock Company (TSC) and Dabaco Vietnam Group Joint Stock Company (DABACO) to develop pig raising with 188bet thể thao goal of 1 million pigs in provinces from Da Nang to 188bet thể thao south took place on January 20^thin Hanoi.

188bet thể thao project has a total investment of more than VND 3,000 billion, of which TSC contributes 55% and DABACO has 45%. DABACO is responsible for 188bet thể thao supply of breeds, feed, veterinary medicines, and techniques; meanwhile, TSC is responsible for finding locations, building barns, and providing livestock equipment.

Addressing at 188bet thể thao ceremony, Mr. Nguyen Van Sang, Chairman of FIT Group, 188bet thể thao parent company of TSC, emphasized that this is a “special event” to mark TSC’s start in a new field with many potentials and development opportunities.

Mr. Nguyen Nhu So – Chairman of DABACO answered questions from 188bet thể thao press and investors at 188bet thể thao signing ceremony

Mr. Sang said that TSC has strengths in financial resources and 188bet thể thao decision to cooperate with DABACO has been set in 188bet thể thao goal of revenue and profit growth of 188bet thể thao business strategy in 188bet thể thao next 5-10 years. Explaining 188bet thể thao decision for TSC to “join hands” with DABACO, Mr. Sang said that, in 188bet thể thao livestock industry, DABACO is 188bet thể thao No. 1 enterprise in 188bet thể thao North and has ambitions to reach 188bet thể thao southern market. In particular, 188bet thể thao recent African swine fever has severely devastated 188bet thể thao livestock industry of Vietnam and 188bet thể thao world, but DABACO is almost not affected as it has successfully researched a vaccine, which is an advantage to minimize risks.

“If TSC searches for 188bet thể thao breeds and builds pig barns from itself from 188bet thể thao beginning, it will take a lot of time, effort, and money, and 188bet thể thao business is very difficult and totally risky. As for cooperating with DABACO, a large enterprise with strengths in technology and technology, 188bet thể thao risk decreases sharply”, said Mr. Sang.

Mr. Sang also affirmed that “Choosing TSC to invest in pig breeding is part of 188bet thể thao expansion development strategy to optimize financial resource advantages and also 188bet thể thao ambition for TSC to develop into a billion-dollar company. To achieve this goal, TSC must engage in large-scale industry. For 188bet thể thao pig breeding industry in Vietnam, we assess an average annual growth rate of 10-15%, and there is still a lot of room for growth.”

Mr. Nguyen Van Sang – Chairman of FIT Group – 188bet thể thao parent company of TSC talked about 188bet thể thao reasons for cooperating with DABACO Supplying high-quality pork and aiming at export

188bet thể thao Chairmen of FIT Group and DABACO affirmed that 188bet thể thao project will aim to create a high-quality pork supply for Vietnamese consumers and export to foreign markets According to Mr. So, TSC is an agricultural enterprise with good organizational ability and strong financial potential, so this cooperation decision is to shorten 188bet thể thao time to complete 188bet thể thao target of 2.5 million pigs, providing pork production accounting for 10-11% of 188bet thể thao total market share”.

188bet thể thao Chairman of FIT Group said that DABACO already has a land fund in Binh Phuoc and 188bet thể thao parties are carrying out procedures to build barns. 188bet thể thao first livestock facility of 188bet thể thao project in Binh Phuoc will be put into operation in early 2023.

TSC is one of 188bet thể thao leading agricultural enterprises supplying to 188bet thể thao market a variety of products ranging from seeds, fertilizers, agro-pharmaceuticals, and agricultural products to food. Notably, TSC owns 80% of shares of Khanh Hoa Mineral Water Joint Stock Company (Vikoda). Currently, Vikoda is likened to TSC’s “diamond mine” in terms of 188bet thể thao rarity of mineral water with pH 9.0. In addition, 188bet thể thao enterprise also owns Westfood Processing Export Joint Stock Company – Westfood which is building MD2 pineapple raw material area up to hundreds of hectares. At 188bet thể thao same time, Westfood also focuses on investing in machinery, equipment, modern infrastructure, R&D activities, and product diversification, helping Westfood’s long-term cooperation with major partners in 188bet thể thao world such as Korea, Japan, Europe, USA …