A worker walks inside the JBS meat factory, in Montenegro, Rio Grande do Sul, Brazil, December 5, 2024. REUTERS/Diego Vara/File Photo
Sao Paulo: Brazilian meatpacker JBS has announced that it will invest US$100mil to build two factories in Vietnam, aiming to expand its presence in South-East Asia and strengthen its position in the global market.
According to a statement from the company last Saturday, the plants will produce beef, pork and poultry, and will mainly use raw materials imported from Brazil.
