Procimex

What Procimex does

Procimex Vietnam Joint Stock Company (Công ty Cổ phần Procimex Việt Nam) is a publicly-listed agricultural and food-processing enterprise headquartered in Da Nang, Vietnam, trading on the Hanoi Stock Exchange under the symbol PRO. Founded in 1977 as a state-owned livestock and poultry slaughtering facility under the Quang Nam-Da Nang Agricultural and Food Company, the firm was equitized into a joint stock company in 2008 and completed full state capital divestment in 2016, since operating as a fully private public entity.

The company's core asset is the Da Son slaughterhouse — described as the largest livestock and poultry processing facility in Da Nang — which supplies an estimated 80-90% of the city's meat demand. The facility operates as a centralized slaughtering and processing hub, with 600-700 workers and traders transacting on-site daily for downstream wholesale distribution to traditional market vendors (tiểu thương). Beyond the slaughterhouse, Procimex operates three declared business areas: livestock breeding and processing (core), agricultural materials supply (fertilizers and farm inputs), and investment in high-tech agriculture. Project-level activities include the Clean Meat Project (Dự án thịt sạch) and a Pepper Project (Dự án hồ tiêu). There is no evidence of proprietary technology, software platforms, or AI/ML systems; the "modern" infrastructure referenced relates to closed-loop slaughterhouse equipment and food-safety/disease-control compliance rather than digital or intelligent systems.

Procimex's revenue mechanics are primarily B2B wholesale: processed meat is sold to fragmented market vendors across Da Nang's traditional markets, supplemented by fertilizer and agricultural input sales. Distribution is wholly domestic, with operations concentrated in Central Vietnam. As a listed public company, Procimex maintains standard corporate governance disclosures, including annual shareholder meetings (the 2025 AGM drew shareholders representing 70.81% of voting shares) and ongoing board transitions, with the Chairman's resignation announced in June 2026 and nominations opened for the 2026-2031 Board term.

Name

Procimex

Legal name

Công ty Cổ phần Procimex Việt Nam

Website

https://procimex.com.vn

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Procimex Vietnam is a Hanoi Stock Exchange-listed agricultural processor headquartered in Da Nang, operating the Da Son slaughterhouse which supplies 80-90% of the city's livestock and poultry meat to wholesale market vendors, with secondary businesses in fertilizers and high-tech agriculture investment.

Ownership category

akta.pro rank

Product category

Meat Processing and Slaughterhouse Operations

NAICS

Animal Slaughtering and Processing (31161), Poultry Processing (311615)

SIC

Meat Packing Plants (2011), Poultry Slaughtering And Processing (2015)

akta.pro primary industry

Poultry Processing & Packing (AFAKALAC)

akta.pro secondary industry

Further Processing (Cooked, Smoked, Cured & Deli Meats) (AFAKALAD)

Keywords

• Livestock slaughtering services
• Meat processing operations
• Agricultural fertilizer supply
• Wholesale meat distribution
• High-tech agriculture investment

Headquarters

HQ city

Da Nang

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Infrastructure

Distribution channels1 record

Core offering

Procimex Vietnam operates the Da Son Slaughterhouse, the largest livestock and poultry slaughtering and processing facility in Da Nang, which supplies 80-90% of the city's meat demand. The company also sells agricultural materials (fertilizers) to farmers in the region and invests in high-tech agriculture ventures.

Product overview

Procimex Vietnam is a joint-stock company operating in the agricultural sector, originally established as a state-owned enterprise in 1977 and equitized in 2008. The company operates a portfolio of interconnected agricultural businesses including livestock breeding and processing (operated through the Da Son slaughterhouse supplying 80-90% of Da Nang's meat), agricultural materials supply (fertilizers), investment in high-tech agriculture, and specialized projects in clean meat and pepper production.

Differentiator

Problem solved

Functional benefit

Products and services

• Livestock Breeding and Slaughterhouse Processing (Chăn nuôi và chế biến gia súc gia cầm) Core business operation covering the breeding and slaughtering of livestock and poultry, operated through the Da Son slaughterhouse (the largest in Da Nang) which supplies 80-90% of the city's livestock and poultry meat to wholesale market vendors and retailers.
• Agricultural Materials — Fertilizers and Farm Inputs (Vật tư nông nghiệp) Supply of fertilizers and agricultural materials to farmers in the Da Nang and Central Vietnam region.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• CP Vietnam (Charoen Pokphand): Thai conglomerate CP's Vietnam operations span animal feed, poultry breeding, slaughtering, and processed meat. Highly comparable to Procimex on the poultry processing and slaughtering side, though vertically integrated and operating nationally rather than in a single city.
• Vissan: One of Vietnam's largest meat processors, Vissan slaughters livestock and produces processed meat products for nationwide retail and foodservice. Operates at much larger scale than Procimex but shares the same core business of slaughtering and meat processing in Vietnam.
• Hoa Phat Group (Agricultural Division): Primarily a steel producer, Hoa Phat has expanded into animal feed and pork production. Comparable to Procimex as a livestock processor expanding into the meat value chain in Vietnam, though a much larger industrial conglomerate.
• Masan MEATDeli (Masan MeatLife): Masan's integrated meat processing arm operates branded chilled meat and processed pork products across Vietnam, including slaughtering and further processing. Comparable to Procimex as a meat processor, though at vastly larger scale and with national distribution and consumer branding.

Direct peers

• Dabaco Vietnam: Vietnamese company engaged in animal feed production, livestock breeding, and meat processing. Closely comparable to Procimex as a vertically integrated livestock-to-meat processor operating within Vietnam's domestic market.
• San Hà Food: Vietnamese poultry processor producing fresh, frozen, and processed chicken products for retail and foodservice. Comparable to Procimex's poultry processing operations, with a stronger consumer brand presence.
• BFC (Binh Dinh Fertilizer & Agriculture JSC): Vietnamese producer of fertilizers and agricultural inputs. Comparable to Procimex's agricultural materials (vat tu nong nghiep) line of business, which supplies fertilizers to farmers in the region.

Emerging players

• Koyu & Unitek (now part of De Heus): Vietnam-based meat processor producing value-added pork products. Comparable to Procimex's meat processing activities, particularly further-processed and clean meat offerings.
• BAF Vietnam Agriculture: A newer Vietnamese pork producer building integrated farms-to-processing operations. Comparable to Procimex in livestock/slaughtering focus but at earlier growth stage, pursuing national scale via a 3F (Feed-Farm-Food) model.

Others

• De Heus Vietnam: Dutch-Vietnamese animal feed manufacturer with significant operations in Vietnam. Adjacent comparable to Procimex's livestock-focused business — a key upstream supplier of feed to commercial livestock operations including those that supply Procimex's slaughterhouse.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Procimex