INVESTMENT AND DEVELOPMENT BREED PROCESSING COMPANY LIMITED (CÔNG TY TNHH ĐẦU TƯ VÀ PHÁT TRIỂN CHĂN NUÔI GIA CÔNG), commonly known as IDB, is a leading poultry farming and livestock company in Vietnam. Established in 2006, the company has over 18 years of experience in the breeding, raising, and processing of poultry for commercial purposes. With headquarters located at Lac Ve Industrial Cluster, Lac Ve Commune, Tien Du District, Bac Ninh Province, Vietnam, IDB operates under the ownership of DABACO GROUP, one of Vietnam’s largest agriculture and livestock corporations.

Key Business Information

• Business Registration Number: 2300294308
• Industry Focus: Poultry farming and livestock breeding
• Ownership: 100% owned by DABACO GROUP
• Director: Mr. Nguyen Ngoc Duc
• Employees: 200 workers
• Contact Information:
  • Phone: (84-222) 3723523 / 3724118

According to VANGUARD BUSINESS INFORMATION LLC (VBI), a trusted provider of business intelligence, financial analysis, and risk assessment, IDB has demonstrated strong asset growth but declining profitability in 2023:

• Total assets surged by 36.93%, reaching USD 10.39 million, indicating expansion.
• Revenue declined by 13.97%, dropping to USD 16.07 million, reflecting market challenges.
• Profit dropped significantly by 89.43%, from USD 1.96 million in 2022 to USD 207,491 in 2023.
• Owner’s equity improved by 71.93%, showing financial recovery, but remains negative at USD -401,583.

Despite declining profitability, the company’s strong asset growth and equity recovery signal future potential for stability and expansion in Vietnam’s agriculture and poultry farming sector.

Business Operations and Industry Specialization

IDB is primarily engaged in:

• Raising poultry for commercial markets.
• Supplying high-quality breeds for domestic and international markets.
• Working under DABACO GROUP, which specializes in animal feed, livestock farming, and meat processing.

As a state-of-the-art poultry producer, IDB plays a vital role in Vietnam’s growing demand for high-quality meat and livestock products.

Challenges and Market Positioning

While IDB has shown expansion in assets and financial restructuring, declining sales and profit margins indicate market fluctuations and operational costs impacting the poultry industry. However, VANGUARD BUSINESS INFORMATION LLC (VBI) highlights that IDB’s affiliation with DABACO GROUP ensures financial backing and strategic direction, positioning the company for long-term growth and industry leadership.

• Over 18 years of expertise in poultry breeding and farming.
• Part of DABACO GROUP, Vietnam’s leading agriculture and livestock conglomerate.
• Growing financial stability, with increased assets and equity improvements.
• Strategic location in Bac Ninh Province, near key industrial and agricultural zones.
• Large-scale poultry production, ensuring high-quality supply to domestic and global markets.

VBI’s Final Assessment

As a leading provider of business intelligence and financial analysis, VANGUARD BUSINESS INFORMATION LLC (VBI) recognizes IDB as a key player in Vietnam’s poultry farming sector. While the company faces profitability challenges, its continued asset growth, industry expertise, and corporate backing from DABACO GROUP position it for future market dominance.

Businesses and investors seeking partnerships in Vietnam’s poultry and livestock industry can rely on IDB for high-quality breeding, sustainable farming, and large-scale production. For further inquiries, contact IDB at (84-222) 3723523.