Cargill has confirmed it is exiting Vietnam’s aquafeed business, including the closure of its facilities in Dong Thap and Long An, and its aquaculture technical application centre (TAC) in Tien Giang, Chan Nuoi Vietnam has reported→view source.
The company says the move is part of a strategic shift to prioritise markets and animal species with stronger long-term growth potential.
Key details:
- Business decision: Cargill will withdraw fully from the aquaculture feed segment in Vietnam after reassessing the market landscape.
- Facilities affected: Two dedicated aqua feed mills and the TAC centre will be shut down.
- Reasoning: The company will reallocate resources to other markets and species aligned with its global business strategy.
- Other Vietnam operations: Cargill remains committed to its broader Animal Nutrition & Health business in the country, with continued services across livestock and specialty nutrition.
- Impact mitigation: Employees have been notified and will receive support under company and Vietnamese employment law. Partners and customers were also informed in advance to reduce service disruption.
- No sale details: Cargill has not confirmed whether the business has been sold or the buyer, citing confidentiality.
Cargill’s decision to exit Vietnam’s aquafeed market may sign risk but also opportunity for remaining players.
With the closure of its two feed mills and a technical centre, competitors—especially local firms and other multinationals—may see Cargill’s former customers and production capacity up for grabs.
See also: Vietnam Aquaculture Industry 2025: Growth, Key Players & Regions