The "huge" scale of C.P. Vietnam
On May 30, CP Vietnam Livestock Joint Stock Company became the focus of attention after information spread on social networks that this enterprise launched a market for poor quality pork and chicken, even originating from disease-prone, damaged products.
Responding to the incident, C.P. Vietnam affirmed that this was fabricated information, untrue, showing signs of defamation and seriously affecting the company's reputation.
According to the published information, C.P. Vietnam is a member company of Charoen Pokphand Group (C.P. Group, established in 1921 in Bangkok, Thailand), operates a multi-industry business in the field of agriculture and food processing.
In Vietnam, C.P. The Group began its presence in 1988 through a representative office in Ho Chi Minh City. In 1993, the company built a livestock feed factory in Bien Hoa 2 Industrial Park (Dong Nai) and established CP. Vietnam Livestock Company Limited. In 2009, the enterprise merged with Charoen Pokphand Vietnam Co., Ltd. to establish CP. Vietnam Livestock Joint Stock Company and in 2011, changed its English name to CP. Vietnam Corporation.
Currently, CP.Vietnam is one of the largest agricultural enterprises in Vietnam, operating under a closed chain from the production of feed for pigs, poultry, and seafood to food processing and distribution. As of 2023, the enterprise has more than 27,000 employees, of which Vietnamese account for more than 99%.
C.P. Vietnam currently owns a large-scale production network with 21 factories located in many provinces and cities across the country. Of which, 8 factories specializing in the production of feed for livestock and poultry and 4 aquaculture factories are located in Dong Nai, Ben Tre, Can Tho and Ca Mau. In addition, the company also operates 7 meat processing factories and 2 seafood processing factories, supplying products from chicken, pork, fish, and shrimp for domestic markets and for export.
Typically, CPV Food factory in Binh Phuoc - a project with a total investment of 250 million USD, inaugurated at the end of 2020 - has exported the first batch of processed chicken to foreign countries, contributing to bringing Vietnam to join the group of countries exporting large amounts of poultry food in the world.
In addition to the factory system, C.P. Vietnam is cooperating with more than 2,500 farms nationwide. In the pig farming sector alone, the company operates a large-scale farm system, including modern farms such as Lac Thuy farm (100ha), 2 farms in Loc Ninh and many processing farms linked to farmers. The data shows that the company's total number of processed domestic domestic pigs is about 200,000, with an average yield of 23.5 dairy pigs/mother/year - equivalent to an output of more than 6.8 million pigs per year, surpassing many other competitors in the market.
Average revenue is about 80,000 billion VND per year
Regarding business results, according to the 2024 financial report of Charoen Pokphand Foods (CPF) - a subsidiary of C.P. Group. Thailand's total revenue from the Vietnamese market reached 122,033 million baht (equivalent to about VND80,541 billion), up 5% compared to 2023.
In the revenue structure in Vietnam, the livestock sector (Farm) accounted for the largest proportion with 68%, reaching 83,379 million baht (equivalent to about 58,365 billion VND), up 12% over the same period. The Feed segment reached 30,187 million baht (equivalent to about VND 21,131 billion), down 10%, while the Processed Food segment (Food) recorded an increase of 8%, reaching 8,467 million baht (equivalent to about VND 5,927 billion).
Vietnam is the company's largest foreign market, with a value of about 122 billion baht (3.5 billion USD), accounting for about 21%. China ranked second with a contribution of about 6%.
Notably, in March 2025, Charoen Pokphand Foods (CPF) - announced a plan to promote the initial public offering of shares (IPO) and listed CP. Vietnam Livestock Joint Stock Company on the Vietnamese stock market.
The goal of this plan is to raise capital to expand business activities in Vietnam, a market that CPF is assessed as the largest growth driver in the coming years.
