Haid Feed Company Limited (Vietnam)

Being a subsidiary of HONG KONG LONGREAT TRADING CO.,LIMITED, the subject is a member of HAID GROUP. The subject specializes in producing prepared animal, fish, poultry feeds. The materials are imported China, India, Singapore, Malaysia, the USA, etc. All products are distributed in the domestic market only. With strong development potential in recent years, the Vietnamese animal feed market is attracting many businesses to participate, including many foreign-invested enterprises participating in expanding production and business. In addition to the subject, there are also Cargill Group (the USA), CP Group (Charoen Pokphand Group - Thailand), De Heus (Netherlands), BRF (Brazil), Mavin (France), Japfa (Singapore), CJ (South Korea), and so on. Although the livestock industry holds an important position in the agricultural industry, it still cannot proactively source raw materials to supply animal feed factories, imports still account for more than 90%. Because they are too dependent on imported raw materials, domestic animal feed factories face many difficulties when raw material prices increase.According to preliminary statistics of the General Department of Customs, imports of animal feed and raw materials to Vietnam in October 2023 continued to increase by 7.5% compared to September 2023 and increased by 12.6% compared to October 2022, reaching USD 452 million.