Vinamilk and Japan's Sojitz break ground on beef plant in Vietnam

$100m joint-venture complex set to launch operations in 2024

20230308N Vietnam cattle REUTERS

The Vietnamese beef plant planned by Vinamilk and Sojitz will be able to process about 30,000 head of cattle per year. © Reuters

TOMOYA ONISHI, Nikkei staff writer

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.

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