A Swiss-led investor consortium headed by Swiss Asia Partner SA has announced plans to invest approximately US$100 million in the Be Milk dairy manufacturing plant in Tay Ninh Province, Vietnam, marking a significant boost to the country’s dairy processing sector. The project will be developed in two phases through a partnership and franchise agreement with France’s Sodiaal Group, owner of the Candia milk brand, bringing European production and quality standards to the Vietnamese market.
The venture also involves major international partners including IPEM Group (France), Tetra Pak (Sweden), and Takenaka Corporation (Japan). Once operational, the facility is expected to strengthen Vietnam’s domestic dairy processing capacity, enhance value-chain integration from raw materials to distribution, and create new employment opportunities.
The investment comes as Vietnam’s dairy market is projected to reach US$13.37 billion by 2033, growing at a 9.5% CAGR between 2025 and 2033, driven by rising demand and limited domestic supply. Industry observers view the project as a strategic move to capitalize on Vietnam’s growing dairy consumption while introducing advanced technologies, sustainability-focused infrastructure, and internationally standardized production practices. (Vietnam Investment Review – VIR)
Source: Dairynews7x7 23 June, 2026 Read full article here
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