Sunjin Vina Co., Ltd. (Vietnam)

The subject focuses on producing cattle, poultry & aquatic feed as well as farming pigs & chickens. Agricultural products, additives, machinery's spare parts are imported from South Korea, China, Philippines, etc. Finished products are consumed in the domestic market. As shared, the subject has made corporate reorganization via the establishment of branches in Tien Giang, Hung Yen and Ha Nam Provinces to inherit facilities of its subsidiaries – SUNJIN VINA MEKONG CO., LTD, SUNJIN FARMSCO CO., LTD and SUNJIN F & F COMPANY LIMITED. These companies stopped their operations. The subject's current operation was still stable. The Hau Giang management board of industrial park presented an investment certificate to the subject's new aquatic feed production plant project worth over VND 550 billion on 27 Jan 2023. The facility will use advanced technology in production and have a capacity of 126,000 tons per year. When put into service, the project will fetch over USD 161 million in revenue and generate an export value of USD 40 million annually. The subject will work with the Hau Giang management board of industrial park to complete relevant procedures to start work on the project on schedule to put the facility's first phase into operation in May next year.