March 18, 2025

 

Vietnam's prime minister visits livestock and beef processing project in Vinh Phuc

 

 

 

Vietnamese Prime Minister Pham Minh Chinh toured the Tam Dao livestock and beef processing complex project as part of his working trip to the northern province of Vinh Phuc on March 16.

 

With a total investment of US$65.45 million, the complex is a joint venture between Vinamilk's subsidiary Vilico and Japan's Sojitz Corporation, operated by Japan-Vietnam Livestock Co., Ltd. (JVL). The project aims to realise a US$500-million memorandum of understanding signed among Vinamilk, Vilico, Sojitz, and Vinh Phuc province during Chinh's visit to Japan in 2021.

 

Construction began in 2023.

 

The complex includes a meat processing plant with an annual capacity of 30,000 cattle, producing 10,000 tonnes of beef per year. Equipped with cutting-edge European technology and Japanese meat processing expertise, the facility meets international food safety and sustainability standards.

 

The cattle farm, designed to house 10,000 heads, is set to begin operations in May 2025. Leveraging Vinamilk's experience, the farm will follow GlobalGAP S.L.P standards, ensuring a closed-loop model integrating breeding, production, and distribution

 

Chinh emphasised that economic development must go hand in hand with improving people's well-being. He highlighted the importance of scientific and hygienic livestock farming to provide safe, high-quality food.

 

He praised Sojitz and its Vietnamese partners for overcoming challenges, including the COVID-19 pandemic, to complete the project. He urged investors to restore the environment at the site, scale up production, develop sustainable supply chains, and adopt green, circular, and digital economy practices.

 

Chinh directed Vinh Phuc authorities to support the project and encouraged Sojitz to expand investments in Vietnam. He called on Japanese businesses to make Vietnam a manufacturing hub, assuring that the government will provide a favourable investment climate based on the principle of "harmonised benefits and shared risks".


-Vietnam Plus

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