In the first half of 2025, Hòa Phát’s Australian beef production increased by 115% compared to last year, securing its top position in the market. Hòa Phát aims for an annual production increase of over 50% from 2024, maintaining a growth rate of 10-20% annually. This growth is attributed to market recovery, rising demand for high-quality beef, and tightly managed breeding processes. Hòa Phát started its Australian beef farming operations in 2016 with three high-tech farms and plans to expand the scale to 150,000 head. The farms apply the Australian ESCAS standard to ensure animal welfare and strict quality control from breeding to nutrition. Hòa Phát beef is distinguished by its color and uniform texture. Despite fierce market competition and pressure from low-cost illegal imports, Hòa Phát maintains international breeding standards and ensures a stable supply. The company paid 7.1 trillion VND in budget contributions in the first half of the year.
Leave a Reply