June 8, 2026
 

BAF Vietnam proposes second multi-storey pig farm as Hanoi eyes high-tech livestock shift

The Hanoi project would follow a VND 12,000 billion facility under construction in Tay Ninh with Chinese partner Muyuan, as BAF targets a record profit year on the back of a 60% sales volume increase.

 

BAF Vietnam Agriculture Joint Stock Company has proposed a second multi-storey pig farming complex to the Hanoi People's Committee, outlining plans for a closed-loop facility covering approximately 220 hectares in Bat Bat commune as the company scales up an integrated livestock model developed in partnership with China's Muyuan Group.

 

Truong Sy Ba, chairman of BAF's board of directors, said the proposed Hanoi complex would combine a 15 to 20-hectare pig farming block with 200 to 250 hectares of surrounding cropland, with feed crops grown on-site and farm waste recycled as irrigation and fertiliser. Wastewater would be reused at 25 to 30% within the farming facility, with remaining effluent directed to the agricultural area and exhaust gases collected for electricity generation. BAF said the model is five to eight times more land-efficient than conventional pig farming.

 

The company has requested that the Hanoi People's Committee include the project site in the city's master plan, add it to the list of state-reclaimable land for investor leasing, and apply expedited approval procedures.

 

If approved, the Hanoi facility would be BAF's second such project. The first, a six-storey complex in Tay Ninh developed jointly with Muyuan, carries a total investment of VND 12,000 billion (approximately US$471 million) and is designed for 64,000 sows with an annual output of 1.6 million fattening pigs. Construction is scheduled to begin in 2026, with operations expected from the third quarter of 2027 and projected annual revenue exceeding VND 10,000 billion (approximately US$393 million).

 

Both projects form part of BAF's broader 3F (Feed, Farm, Food) vertical integration strategy. Truong said the closed-loop model, spanning breeding stock, compound feed and processing, is expected to reduce production costs by 7 to 10% against the market average.

 

For 2026, BAF has set targets of 1.25 million pigs sold, consolidated revenue of VND 8,400 billion (approximately US$330 million) and after-tax profit of VND 793 billion (approximately US$31 million), which would represent the highest profit in the company's history. The plan is underpinned by 16 new farms being added in the Central Highlands and Central Vietnam, lifting the breeding sow herd to 145,000 and total market pig numbers to over 1.14 million.

 

Truong cited sustained firmness in domestic live pig prices, which ranged between VND 62,000 and VND 70,000 per kilogram in the first quarter of 2026, alongside reduced supply caused by disease, natural disasters and the tightening of small-farm operating standards under the revised Livestock Law, as the key conditions supporting the company's outlook.