HANOI -- Vinamilk and Japanese trading house Sojitz have started construction on a massive beef processing complex that includes a cattle farm in northern Vietnam, as the country's leading dairy producer pursues additional revenue streams.
$100m joint-venture complex set to launch operations in 2024
The Vietnamese beef plant planned by Vinamilk and Sojitz will be able to process about 30,000 head of cattle per year. © Reuters
HANOI -- Vinamilk and Japanese trading house Sojitz have started construction on a massive beef processing complex that includes a cattle farm in northern Vietnam, as the country's leading dairy producer pursues additional revenue streams.