Korea's CJ invests $61.8m in Vietnam-based food production complex

Korea's CJ invests $61.8m in Vietnam-based food production complex

CJ and Korea International Cooperation Agency (KOICA) executives inside their joint red pepper processing factory in Ninh Thuan, Vietnam. Source: CJ website

South Korean conglomerate CJ Corp, which acquired two Vietnamese food processors in the past seven months, said it was investing nearly VND1.4 trillion ($61.8 million) in an integrated production base in the Southeast Asian country.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter