August 19, 2011

Feed makers worried about CP dominance in Vietnam

Feed makers in Vietnam are worried with the news that CP Vietnam was sold to a Hong-Kong based company, the reason for the concern is that CP Vietnam has long be considered the company that controls the animal feed material market in Vietnam.

The news of this buy out has worried a lot of companies like feed producer and trading companies. Vissen whos general director Van Duc Muoi said he is still worried because the majority of the farm materials that serve the livestock feed production in Vietnam is being controlled by CP Vietnam. “The livestock infrastructure in Vietnam remains very weak. Especially, the animal feed market is being controlled by foreign companies, including CP Vietnam,” Muoi said. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers

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