Billionaires pour money into agricultureVietNamNet Bridge - Vietnamese billionaires earn money from many different business sectors. Vietnamese billionaires earn money from many different business sectors. In 2015, Hung Vuong announced a project with the total investment capital of VND2 trillion spent on building two animal feed factories, a system of pig farms and a veterinary medicine factory.NCDT However, many are investing in agriculture. After the M&A, Masan now holds 15 percent of the animal feed market share.Meanwhile, Pan Pacific now holds 57 percent of stakes in Ben Tre Seafood Import/Export, more than 22 percent of stakes in Agifish and 24 percent in Lafooco.Hung Vuong Seafood Company, in an effort to create a ‘seafood empire’, has bought a series of companies in the same industries.
Source: VietNamNet News July 11, 2016 01:07 UTC