Mavin received approval on investment project in Aquaculture for export

On 11 December 2018, in Hoa Binh - Mavin Group attended the investment promotion conference in Hoa Binh province. At the conference, Hoa Binh province has officially given the investment policy decision for Mavin’s Aquaculture Center for Export Project on the area of 100 hectares of Hoa Binh lake in Hien Luong commune, Da Bac district. The center has 100 Norwegian round cages, yielding up to 10,000 tons of fish per year for export. The cultured species are the fish that Mavin has the strength of, such as tilapia and red tilapia.

Aquaculture in reservoirs and hydropower reservoirs is generally of good quality meat, with no smell of mud compared to traditional landfills. Meanwhile, Vietnam has thousands of hectares of lakes in provinces such as Hoa Binh, Tuyen Quang, Son La, ..., which can bring huge output not only for the domestic market but also export. Mavin Group has the advantage of Norwegian round cages aquaculture technologies, which is used successfully in several developing countries. Combining the advantage of Mavin's aquaculture technology and the huge potential of Vietnam will create safe aquatic products for export.

Mavin’s Aquaculture Center for Export Project on the area of 100 hectares of Hoa Binh lake in Hien Luong commune, Da Bac district, Hoa Binh province.

Mavin Group has invested in aquaculture since 2017, pioneering the application of advanced technologies including: Norwegian round cages, In-Pond Raceway (IPA). Mavin owns advanced breeding technologies and imported broodstock directly from Malaysia, Philippines, Thailand and Hungary. Mavin has a 10,000 tons  product-per-year food processing factory in Ha Nam which is a great advantage to close the value chain in the fishery sector and increase the value for export.