Forging comprehensive cooperation

As a long-standing partner since 2008, De Heus maintains its primary banking relationship with BIDV, which commands the largest share of the Group’s credit wallet among all financial institutions in Vietnam. Building on the previous cooperation, the comprehensive strategic cooperation agreement between BIDV and De Heus continues to affirm the traditional and effective relationship between the two parties. Accordingly, BIDV and De Heus agreed to establish a comprehensive strategic partnership, leveraging each party’s strengths to support the shared development objectives.

BIDV commits to providing De Heus with comprehensive financial and banking services, including accounts, deposits, domestic and international payments with competitive fee policies. In addition, BIDV will provide foreign exchange and derivatives services, financial advisory and M&A services, retail banking products for employees, and insurance services. BIDV will also act as the capital arranger for short and medium to long term financing, guarantees, and LCs for De Heus’s operations and projects. The two parties will coordinate to implement ERP connection between De Heus systems and BIDV’s digital platform, as well as supply chain finance solutions for De Heus distributors and suppliers.

For the De Heus side, the group will use a wide range of products and services provided by BIDV, including basic services as well as high-tech services such as BIDV iConnect, collection via virtual accounts, payments via De Heus Mobile, and supply chain finance. De Heus’s operations in Vietnam are increasingly expanding in many aspects, including the largest animal feed production scale in Vietnam, diversified livestock value chains for pigs, chickens, ducks, and shrimp, and expansion of operations in Cambodia, Myanmar, and other markets. Accordingly, De Heus will increase demand for customer development associated with the De Heus ecosystem, and BIDV is ready to provide products and services to meet the production and business needs of De Heus and companies within the group’s ecosystem.

Speaking at the signing ceremony, Mr. Le Ngoc Lam, CEO of BIDV, affirmed: “BIDV commits to dedicating the best resources to De Heus. Accordingly, BIDV will provide a full package of the most modern financial solutions, from supply chain finance and payments to advanced digital banking products, ensuring competitiveness and efficiency for the entire De Heus ecosystem.”

The comprehensive cooperation agreement delivers practical benefits for both parties. The cooperation with De Heus - the leading company in the livestock industry will enable BIDV to deliver products and services to livestock farmers nationwide, contributing to the development of Vietnam’s livestock sector.

Speaking at the signing ceremony, Mr. Gabor Fluit, CEO of De Heus Group, expressed his appreciation for BIDV’s cooperation and support for De Heus’s operations in Vietnam, and proposed that BIDV continue to accompany De Heus in providing finance for farmers and farm owners, contributing to the development of Vietnam’s livestock sector in line with high standards. In addition, leveraging the network of branches and joint venture banks in Laos, Myanmar, and Cambodia, BIDV was expected to continue accompanying De Heus and its joint venture companies in expanding their operations in these markets.

Over the years, BIDV and De Heus have shared a strong alignment in business philosophy, namely the aspiration for green and sustainable development, the application of high technology, and a commitment to contributing to the overall development of Vietnam’s agriculture.

With a heritage spanning over 100 years, De Heus is a distinguished Dutch group that has been honored with the "Royal" designation by the Dutch Royal Family. The parent company of De Heus Vietnam Co., Ltd, De Heus Animal Nutrition B.V., is ranked among the top 10 global leaders in the animal feed industry. The Group operates an extensive network of more than 90 modern production facilities worldwide, with a commercial presence in over 75 countries and territories. In Vietnam, De Heus has solidified its position as the market’s premier animal feed producer, significantly enhancing the national agricultural value chain.

The company operates across three strategic pillars: animal feed production, breeding stock supply (pigs, poultry), and livestock wholesale. Among these, animal feed production is De Heus’s core business. Currently, De Heus owns 22 animal feed production plants in Vietnam and is the leading producer in the independent animal feed market. Consolidated net revenue in Vietnam in 2024 reached VND39.2 trillion, with output exceeding 3 million tons of animal feed.

Established in 1957, BIDV is the commercial bank with the longest-established history and the largest asset scale in the Vietnamese market. By the end of the third quarter of 2025, BIDV’s total assets reached VND3.07 quadrillion (USD120 billion). BIDV has a network of more than 1,100 branches and transaction offices across all provinces and cities nationwide, along with overseas commercial presences, serving nearly 500,000 corporate customers and nearly 22 million individual customers, and maintaining relationships with more than 2,300 financial institutions in 178 countries and territories worldwide.

BIDV has defined its overall objective for the 2025–2030 period as becoming a leading Large - Strong - Green bank in Southeast Asia, among the top 100 banks in Asia, with a vision to be among the top 50 banks in Asia by 2045.