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Cargill Vietnam becoming sucessful investor in Dong Nai

Cargill Vietnam Ltd. began its operation in Vietnam ten years ago and has now become a prestigious animal feed producer in the country.

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Management staff of Cargill VN receiving 2005 prize at the Headquater in USA 

 Cargill was the first U.S. company to enter Vietnam, in particularly, in Dong Nai province after the U.S. lifted its economic embargo in 1994. Since then, Cargills businesses have grown rapidly. To date, Cargill Vietnam still tops the list of US companies operating in Dong Nai province with total investment of US$ 80 million.

The company has developed three new animal feed mills in Dong Nai, Can Tho and Hung Yen provinces. Cargill Vietnam also operates a poultry breeding farm and hatchery in Dong Nai province. Besides, the company is a leading commodity trading company in Vietnam. Cargill has been one of the largest buyers of the countrys agricultural products, including soybean meal, rice and rubber. Cargill also supplies fertilizer to Vietnamese farmers and corn and soybean meal to the Vietnamese feed industry as well as for its own account. Its turnover has increased 25 times compared to 1995.

Globally, Cargill is an international marketer, processor and distributor of agricultural, food financial and industrial products. With 124,000 employees in about 60 countries, the company is committed to providing products which ensure the safety of all products. Cargill Vietnam demonstrates its willingness to share its knowledge and expertise with its customers to help them succeed. 

To develop domestic human resources, Cargill Vietnam invited foreign experts to Vietnam to train Vietnamese staff or send them to abroad for attending refresher courses. Cargill Vietnam is always proud of its Vietnamese employees, who are among the fastest learning, most loyal, hardest working and most competent people Cargill employs anywhere in the world. The company also created the most favorable conditions for the employees to develop their ability. Currently, most of Cargill Vietnam’s management employees are Vietnamese. In the future, Cargill Vietnam will replace its current foreign General Director with Vietnamese because it has confidence in the work force here. In 2004, Cargill Vietnam was ranked as the world’s outstanding affiliate by its parent company. In 2005, the company continues to maintain its position as well as receive other awards.

During the past ten years, Cargill Vietnam has donated over US$450,000 to social activities in the province. Dong Nai is a promising and profitable destination with favorable investment environment for foreign investors; the success of Cargill is obvious proof for that. Presently, the company is building 2 factories in Can Tho and Long An provinces. In the next time, Cargill Vietnam will launch its two new products including food for frog and grouper.  

Cargill places its hope in the development of Vietnam’s agricultural market as well as the development of the countrys livestock industry.

(Source Dong Nai Newspaper)

 

 

Author: admin

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