Bac Ninh exports first batch of veterinary medicine to Halal market

Friday, 03/05/2024 17:00
Visakan Biotechnology Investment and Development Joint Stock Company (Visakan) under Hung Nhon Group on May 2 held a ceremony in the northern province of Bac Ninh marking its export of the first batch of veterinary medicine to the Islamic (Halal) market.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien, and Chairman of the Board of Directors of Hung Nhon Group and Chairman of the Board of Directors of Visakan Company Vu Manh Hung at the ceremony for the shipment of veterinary medicine

Speaking at the event, Chairwoman of the Bac Ninh People’s Committee Nguyen Huong Giang said that this event is important for agriculture of Bac Ninh and Vietnam, marking a new development step in Research and production of veterinary medicinal products using modern technology, meeting the strict standards and conditions of the world market.

“The Halal market is one of the most demanding in the world with a series of strict standards. Therefore, Visakan’s export of veterinary medicine to the Halal market is considered an extremely important turning point in the development strategy of Hung Nhon Group,” Ms. Giang shared.

Chairman of Hung Nhon Group Vu Manh Hung said that this is the first time Visakan has exported veterinary medicine to the Halal market. According to the global Islamic economic report, spending on Halal food is estimated to increase rapidly, from 1,400 billion USD in 2020 to 1,900 billion USD in 2030 and nearly 5,000 billion USD in 2050. Therefore, this is the potential market for Vietnamese businesses.

Chairman of Hung Nhon Group Vu Manh Hung spoke at the ceremony

Visakan General Director Tran Van Binh said that the exported products, consisting of antibiotics and antiseptics, are manufactured at NonBetalactam and Betalactam plants certified by the Vietnamese Ministry of Agriculture and Rural Development with WHO-GMP/GLP/GSP certifications.

According to Binh, Sakan currently has over 200 products licensed for circulation in the domestic market, with partners who are animal feed companies, distributors, livestock and aquaculture farms in the country.

In addition to the Indonesian market, 23 product lines under the Sakan brand are present in 13 countries and territories around the world.

At the event, Visakan, PT. Ekasapta Wijayatangguh from Indonesia, and De Heus Indonesia, signed a Memorandum of Understanding (MoU) on a collaborative programme for the production and supply chain linkage of veterinary drugs and disinfectants in Indonesia./.