Key facts
- Japanese trading house Sojitz plans to increase its cattle processing for beef in Vietnam.
- The company anticipates beef consumption will grow alongside Vietnam's economy.
- Sojitz will implement Japan-style hygiene controls in its beef processing operations.
Japanese trading house Sojitz is set to significantly expand its beef processing capacity in Vietnam this year, driven by expectations of increased consumption as the Vietnamese economy continues to grow. The company plans to integrate Japan-style hygiene control standards into its operations. Sojitz estimates that there is substantial room for beef consumption to rise in Vietnam, correlating with its economic development.