June 15, 2026
Vietnam Livestock Corp transfers Tam Dao beef complex to Sojitz joint venture for US$44.6 million
The deal consolidates ownership of the integrated cattle farming and processing facility under JVL, the 51-49 partnership between VLC and Japan's Sojitz Corporation.
Vietnam Livestock Corp transfers Tam Dao beef complex to Sojitz joint venture for US$44.6 million
The deal consolidates ownership of the integrated cattle farming and processing facility under JVL, the 51-49 partnership between VLC and Japan's Sojitz Corporation.
Vietnam Livestock Corporation JSC (UPCoM: VLC) has approved the sale of the Vinabeef Tam Dao integrated cattle farming and processing complex to its joint venture Japan Vietnam Livestock Company Limited (JVL) for VND1.17 trillion (US$44.56 million).
The VLC board authorised the transfer at a meeting on Tuesday. JVL is a joint venture in which VLC holds a 51% stake and Japan's Sojitz Corporation holds the remaining 49%. The company was established in September 2021 and had registered capital of VND2.9 trillion (US$110.17 million) as of July 2024.
The transaction price is final and inclusive of value-added tax, construction assets, and all project-related costs incurred up to the signing date.
The Vinabeef Tam Dao complex is located on a 75.6-hectare site in Phu Tho province, northern Vietnam. The facility comprises a beef cattle farm with a capacity of 10,000 head and a chilled beef processing plant capable of handling 30,000 cattle annually. At full capacity, the complex is expected to supply approximately 10,000 tonnes of beef products to the domestic market each year.
Construction began in March 2023 and all facilities entered commercial operation by May 2025. The project was developed as a fully integrated farm-to-table operation covering breeding, feeding, processing and distribution, using equipment and technologies sourced from Europe and Japan. Its cattle-raising model incorporates Japanese production standards adapted to Vietnam's climate and agricultural conditions.
- VnExpress
