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Brazil’s JBS to spend $100 million to build 2 factories in Vietnam

HANOI, Vietnam: Brazil’s largest meatpacker JBS is making a bold move into Southeast Asia, betting on Vietnam as a strategic hub for its international growth.

Over the weekend, JBS announced it would invest US$100 million to build two new factories in Vietnam, part of a broader plan to expand its global footprint and tap into rising demand across the region. The facilities will process beef, pork, and poultry&md