On September 28, BAF Vietnam Agriculture Joint Stock Company (HOSE: BAF) officially signed a joint venture agreement with Muyuan Food Group (China) to develop and operate a high-tech multi-story pig farming project in Tay Ninh Province.
The event was attended by Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development; leaders from various provinces and cities; executives from Muyuan Food Group; and key partners of BAF.
According to the agreement, BAF will partner with Muyuan to build and operate a multi-story pig farming complex integrated with a feed production plant.
The project is estimated to house 64,000 sows and produce 1.6 million market hogs annually, with a feed mill capacity of 600,000 tons per year. The total investment is 12 trillion VND, with an expected annual revenue of 10 trillion VND. The project received investment approval from Tay Ninh Provincial People’s Committee in June 2025 and government authorization in August 2025.
BAF Vietnam signs a joint venture agreement with Muyuan Food Group to develop a high-tech multi-story pig farming project in Tay Ninh Province.
BAF highlights that China’s experience demonstrates the efficiency and advantages of multi-story farming over traditional methods.
Specifically, this model optimizes land use by 5-8 times and reduces labor by 20-30%, offering an effective solution to Vietnam’s current land scarcity for livestock farming, especially in areas with challenging terrain.
By leveraging smart technology and automation, the project enhances operational efficiency and production control, monitoring factors like temperature, humidity, nutrition, and animal health to improve productivity and product quality.
Integrating the farm with the feed mill reduces logistics costs and feed wastage, directly enhancing competitiveness and value for consumers.
Additionally, the multi-story design, advanced air filtration systems, and biosecurity measures effectively control diseases, including African Swine Fever (ASF), ensuring a safe environment and minimal impact on surrounding areas.
Pig farming is a key sector in Vietnam, but small-scale operations still dominate, often failing to meet biosecurity and disease control standards. African Swine Fever remains a significant challenge, impacting supply and market prices.
The government encourages the adoption of high-tech, multi-story farming models to enhance productivity, quality, and biosecurity, aligning with the Livestock Law.
At the signing ceremony, Ms. Bui Huong Giang, CEO of BAF Vietnam, stated, “We are confident that with government support, international partnerships, and our team’s efforts, this project will contribute to modernizing Vietnam’s livestock industry, ensuring stable meat supply, and providing safe, competitively priced food for consumers.”
Rendering of BAF’s high-tech multi-story pig farming project in Tay Ninh Province.
Mr. Gao Tong, CFO of Muyuan Group, announced that the project will utilize Muyuan’s latest 5th-generation technology, featuring a 5-story biosecure design to prevent cross-contamination. Advanced air filtration systems achieve 99.9% disinfection, while smart environmental controls and AI-driven health monitoring ensure optimal conditions for the pigs.
Innovations include age and weight-based feeding systems, 24/7 health monitoring robots, and AI-powered disease diagnosis, setting new standards for efficiency and biosecurity.
The joint venture will commence construction after completing all legal procedures, ensuring compliance with Vietnam’s Livestock Law. The project aims to contribute significantly to Tay Ninh’s economy and Vietnam’s livestock sector.
BAF targets a herd size of 450,000 sows and 10 million market hogs by 2030.
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