14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
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
Hanoi tipped as emerging rail industry hub

Hanoi tipped as emerging rail industry hub

The rail industry complex is expected to serve as the central pillar of a new era for the sector, marked by the emergence of high-speed rail and expanded urban rail networks.

Regional specialties drive strong sales at Spring Fair 2026

Regional specialties drive strong sales at Spring Fair 2026

Food and specialty booths at Spring Fair 2026 are drawing strong crowds and sales as Tet approaches, reflecting rising demand for Vietnamese regional products with clear origins and trusted quality.

Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

The program ranks among the city’s key trade promotion activities, aiming to stimulate domestic consumption, stabilize the market.

Vietnam to tax crypto asset transfers at 0.1%

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

Vietnam establishes support body for International Financial Center Council

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

Hanoi draws US$102 million in foreign direct investment during January

Hanoi draws US$102 million in foreign direct investment during January

Strong investor activity continued in the capital at the start of the year, as a mix of new projects, capital adjustments and share acquisitions helped reinforce Hanoi’s role in sustaining Vietnam’s positive foreign investment trend.

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

As Vietnam’s e-commerce market accelerates, attention is shifting toward how national policies and platform-led initiatives can help smaller localities overcome structural barriers, bringing digital trade opportunities to mountainous, border and rural communities.