Log in
Business

Vinamilk, Sojitz build $500-million beef processing complex in Vietnam

The groundbreaking ceremony or the construction of the beef processing complex is a significant occasion that commemorates 50 years of diplomatic ties between Vietnam and Japan.

Vietnam Dairy Products JSC (Vinamilk), the country's largest dairy manufacturer, and Japan’s Sojitz Corporation have started construction on a US$500-million cattle farm and beef processing complex in Tam Dao Town, the northern province of Vinh Phuc.

 A groundbreaking ceremony for the construction of the project is held on March 8. Photo: VNA

A groundbreaking ceremony for the construction of the project was held on March 8 by Vietnam Japan Livestock Ltd. Co. (Vinabeef) - a joint venture company between Sojitz Corporation and Vietnam Livestock Corporation JSC (VILICO) - Vinamilk’s subsidiary.

The new farm and processing complex, covering 75ha, is scheduled to begin operations in June 2024.

The farm will have a maximum breeding capacity of 10,000 cattle and will be adjacent to a slaughterhouse with a capacity of approximately 30,000 cattle per year and a processing plant with a design capacity of 10,000 tons annually.

According to Sojitz, an integrated production system will be realized for all processes from breeding cattle to shipping beef products.

In addition, similar processing equipment and hygiene and quality management methods used in Japan will be introduced to raise production efficiency and create a stable distribution system for high-quality chilled beef.

Sojitz noted that there is an increasing demand for cold chain systems to supply chilled meat, which requires safe, high-quality beef production and quality management from breeding to production, processing, and sale of meat.

Therefore, this project will focus on rigorous quality management that meets consumers' needs and creates Vietnamese-branded beef. In the future, the company plans to expand into pork, poultry, and other meats, aiming to build the largest integrated meat business in Vietnam, the Japanese group said.


Sojitz strives to promote talent exchange between Japan and Vietnam through this project and other projects in various industries to foster industrial human resource development and contribute to the sustainable development of Vietnam.

Earlier, in 2021, Vinamilk and its affiliate VILICO signed a Memorandum of Understanding (MoU) with Japan's Sojitz Corporation and Vinh Phuc Province People's Committee for the project. The signing ceremony took place at the Vietnam-Japan Investment Promotion Conference in the presence of Prime Minister Pham Minh Chinh during his official visit to Japan.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to launch smart agriculture innovation center in Lang Son

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

Hanoi urged to train 100,000 digital engineers through online academy

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi is pushing forward a wide range of innovation-driven reforms and investment initiatives as it works to become one of the world’s most attractive destinations for high-tech and strategic investors.

Vietnam mulls sharp rise in casino entry fee for locals

Vietnam mulls sharp rise in casino entry fee for locals

Such higher rates are intended to discourage individuals without adequate financial capacity from entering casinos.