Chinese feed company Guangdong Haid has broken ground on a new plant in Vietnam, further consolidating its position as a top feed producer in the Southeast Asian country.The plant, operated by the company’s subsidiary Yongfu Hailong Agricultural Feeds Co., is undergoing construction in the northern Phu Tho province and is projected to produce 200,000 metric tons (MT) of feed annually for use in local aquaculture, poultry, and pig farming operations.

Haid said in a document submitted to the Stock Exchange of Hong Kong in January that it is projecting strong growth in demand from Vietnam’s aquaculture sector, pointing particularly to projected rise of “export-oriented” aquaculture products such as pangasius and whiteleg shrimp as growth vectors.

In the same document, Haid also highlighted its position as a leading market player in Vietnam’s feed market in terms of production capacity, claiming 863,000 MT of production in 2024. That total gave the firm a 19.2 percent market share in the country, which is set to grow after taking the new plant’s upcoming contribution into account.

The company is not the only venture eyeing Vietnam for potential expansion opportunities, however.Several Thai aquaculture firms recently told SeafoodSource at the 2026 VietShrimp Asia and Aquaculture Vietnam show that they were looking at Vietnam to grow their business, as domestic opportunities had largely plateaued. "I cannot speak for the entire Vietnamese industry, but we have observed that Vietnamese aquaculture is developing very rapidly," PC Farm General Manager Thipprapa Mahasaksiri told SeafoodSource.Haid isn’t even the only Chinese feed firm to have targeted Vietnam for growth. Also based in Guangdong, Yuehai Feeds commenced construction on a feed plant in Southern Vietnam.Outside of Vietnam, Haid has also expanded in Bangladesh, Malaysia, and Indonesia, claiming a 6.7 percent share of the latter country’s aquafeed market with 114,000 MT of production in 2024.