South Korean Giants Eye Cần Thơ, Vietnam for Fruit Juice Plant and Bio-Diesel Facility

Two major South Korean companies are eyeing Cần Thơ for large-scale investments. The projects promise jobs, economic growth, and sustainable industry.

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2025 October 2 . 6:42 AM

1 min read

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South Korean Giants Eye Cần Thơ, Vietnam for Fruit Juice Plant and Bio-Diesel Facility

Two major South Korean companies, Lotte Chilsung Beverage and SEP Cooperative, are considering significant investments in Cần Thơ, Vietnam. The projects include a tropical fruit juice processing plant and a bio-diesel facility, which could create thousands of jobs and boost the local economy.

The fruit juice plant, planned by Lotte Chilsung Beverage, will process 300,000-500,000 litres of tropical fruits daily, targeting export markets like the RoK, EU, US, and Japan. It requires 50-70 hectares of land and an initial investment of US$120-180 million, rising to $150-220 million at full scale. The plant could create 900 direct and 2,500 indirect jobs.

The bio-diesel plant, proposed by SEP Cooperative, aims to convert rice straw and other agricultural residues into renewable energy. It follows a successful Malaysian model using palm waste. Cần Thơ's Department of Agriculture and Environment confirmed the availability of straw for this purpose, highlighting environmental and income benefits. The project requires a feasibility study with the RoK's energy authority.

Both projects are expected to fit Cần Thơ's strategy for sustainable industry. Industrial park officials have offered sites such as Vĩnh Thanh, Sông Hậu 2, and Trần Đề for the projects, with Trần Đề spanning 100 hectares ready for lease at $85 per sq.m for 44 years.

Site surveys are planned for October before final decisions are made. These projects, if realised, would significantly contribute to Cần Thơ's economic growth and job creation, while also promoting sustainable industry and environmental conservation.

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South Korean Giants Eye Cần Thơ, Vietnam for Fruit Juice Plant and Bio-Diesel Facility

South Korean Giants Eye Cần Thơ, Vietnam for Fruit Juice Plant and Bio-Diesel Facility

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