According to the company’s official statement, the plants will primarily use raw materials imported from Brazil, with production aimed at supplying both the Vietnamese domestic market and other countries in the region.
The agreement was formalized on March 30 through a memorandum of understanding with the Vietnamese government. This development coincided with Brazilian President Luiz Inácio Lula da Silva’s state visit to Hanoi, during which the opening of the Vietnamese market to Brazilian meat was announced.
"The new plants in Vietnam will not only expand production capacity but also serve a greater purpose—creating value for the local economy, generating skilled jobs, and contributing to food security across Southeast Asia," said Renato Costa, CEO of Friboi, JBS’s beef division.
The first facility will be built in Nam Đình Vũ Industrial Park and will include a logistics center with storage capacity, pre-processing, cutting, and packaging operations.
The second plant is scheduled to be built in southern Vietnam two years after the first facility begins operations. It will feature similar infrastructure, including a processing plant and logistics hub.
This agreement marks a significant step for JBS in expanding its footprint in Asian markets, where demand for meat products continues to grow steadily.
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