News about livestock

Hoa Phat Agriculture (HPA) will pay an interim cash dividend for 2026 at 18%, equal to 1,800 VND per share, with a last registration date of 12/11/2026 and payment expected on 27/11/2026. With 285 million shares outstanding, HPA expects to pay about 513 billion VND, funded by undistributed after-tax profit in the interim financial statements reviewed as of 30/6/2026. Parent company Hoa Phat Group (HPG), which holds over 84.5% of the capital, is expected to receive nearly 434 billion VND. In Q3, consolidated revenue fell 19% to 1,685 billion VND and after-tax profit fell 16% to 300 billion VND year on year, mainly due to lower volumes of pigs and cattle sold. For the first nine months, HPA earned 948 billion VND, completing 94% of its full-year after-tax profit plan, with pig farming as the main driver.

A survey in Ho Chi Minh City found imported Russian pork belly at about 107,500 VND per kg, while domestic pork belly was nearly 167,000 VND per kg, roughly 55% higher. Although pork imports in the first eight months rose 19% in volume to 124,100 tonnes, their value fell about 24% to 213 million USD, while domestic pork output in nine months reached 4.28 million tonnes, up 4.4%. Live hog prices in Vietnam in mid-October reached 51,700 VND per kg, the second highest among nine markets compared, while slaughter, transport and distribution costs further push up retail prices. Feed accounts for 60-70% of livestock production costs and Vietnam imports 70-80% of its raw materials, while sows produce 18-22 pigs a year, compared with about 36 in developed markets. Industry officials say improving competitiveness requires better breeding stock, productivity, disease control and domestic feed materials.

Over roughly 15 years of farming, Đoàn Nguyên Đức (Bầu Đức) of HAGL has repeatedly switched crops and livestock, from rubber, sugarcane and cattle to passion fruit, chili, dragon fruit, banana, pigs, durian and most recently coffee. HAGL announced in 2012 that it had planted 50,000 ha of rubber, but long waits before harvest pushed it toward faster-cycle products under the principle of 'short-term crops fund long-term ones'. Banana became a core business, with about 7,000 ha maintained in 2025 and exports to Japan during 2019-2022. Banana rejects are fed to pigs, and HAGL announced capacity of about 500,000 pigs in 2024. This evolved into a circular agriculture model, included in HAGL's 2024-2030 business strategy.