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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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BAF Vietnam Agricultural Joint Stock Company has announced its 2026 business plan, targeting profit of 793 billion dong and focusing on large-scale, high-tech farming complexes.
The company’s main growth driver is a plan to increase pig sales to more than 1.2 million head, which it describes as equivalent to about 60% growth.
To support this target, BAF said it has built up breeding stock to nearly 900,000 head by the end of 2025. The company also reported expanding total assets to 10.78 trillion dong, up 44% year-on-year.
A key highlight is a mega joint-venture high-tech vertical farming project in Tay Ninh, with total investment of 12 trillion dong. The project is designed for 64,000 sows and production of 1.6 million pigs per year.
In Quảng Trị, BAF is allocating resources to the Gia Hân high-tech pig farming complex, with investment of 2.4 trillion dong, a scale of 15,000 sows and 180,000 pigs. In Gia Lai, the Thanh Đạt farming cluster is being developed with a capacity of 5,000 sows and 60,000 pigs.
In addition, the third feed mill in Bình Định, with capacity of 300,000 tons per year, has started operation in the same period.
On the market, live pig prices peaked at 81,000 dong/kg during the Tet holiday before fluctuating around 62,000–68,000 dong/kg in early April 2026.
With large stockpiles carried from late 2025, management expects this will help the company take advantage of the market recovery.
Financially, BAF increased its charter capital to more than 3,040 billion dong after issuing 65 million shares privately and raising an additional 1,500 billion dong via bonds to fund capital-intensive projects.
The bond funding includes 500 billion dong from privately placed bonds and 1,000 billion dong from public bonds at a 10% interest rate over 36 months.
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