JBS invests in Vietnam, prepares for dual listing
03/06/2025
Food and tannery group JBS is to invest $100 million building two factories in Vietnam, producing beef, pork and poultry, primarily using raw materials imported from Brazil and creating 500 jobs.
Renato Costa, president of JBS-owned beef packer Friboi, said: "The partnership between JBS, the Vietnamese government, and our local partners represents a critical strategic step in our geographic diversification.
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