Daesang Duc Viet opens Hung Yen Factory No. 2

May 15, 2024 | 12:16

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Daesang Duc Viet JSC held an opening ceremony for Hung Yen Factory No. 2 on May 13, marking a new milestone in its production expansion.

Daesang Duc Viet opens Hung Yen Factory No. 2

The new factory is located within the Hung Yen Factory campus at Deasang Duc Viet. Construction started in July 2023 covering nearly 12,000 square metres.

While the first factory specialises in the company's flagship products like German-style fresh sausages and Seoul hotdogs, Hung Yen Factory No. 2 will produce a variety of new product lines, such as ready-to-eat sausages, bun cakes, spring rolls, and premium meatballs.

The second facility is designed with a closed-loop production line and cutting-edge equipment, promising to bring quality products and ensuring food safety.

The most prominent product line is Jongga Kimchi, the number one brand in South Korea. With the traditional kimchi recipe, Jongga Kimchi has a crispy, delicious, and authentic Korean taste with many health benefits.

Daesang Duc Viet JSC started producing Jongga Kimchi In April 2024, and products will be available on the shelves of stores and supermarkets nationwide.

In 2016, South Korean food-producing conglomerate Daesang Corp. completed the acquisition of a 99.99 per cent stake in Vietnamese meat processor and distributor Duc Viet Food Joint Stock Company for $32 million. After merging with Daesang Corp., Daesang Duc Viet JSC has become a leading food brand with a modern closed-looped production line.

Daesang completes buy-out of Duc Viet Food

South Korean food-producing conglomerate Daesang Corp. Has completed the acquisition of a 99.99 per cent stake in Vietnamese meat processor and distributor Duc Viet Food Joint Stock Company for $32 million in September, fetching the Korean company a bridgehead in the Southeast Asian meat processing market.

Daesang Corporation to buy off Duc Viet Food Company

South Korean food-producing conglomerate Daesang Corp. has decided to buy a 99.99 per cent stake in Vietnamese meat processor and distributor Duc Viet Food Joint Stock Company for $32 million, according to newswire Pulsenews.com.

Duc Viet Food CEO’s secret to turning VND2 billion into VND700 billion

Starting with an initial investment of just VND2 billion ($88,106), after 16 years of operation, Duc Viet Food JSC, known by its familiar brand name Duc Viet Sausage, was successfully acquired by Daesang Group of South Korea for a total purchase price of VND700 billion ($30.84 million). Hua Xuan Sinh, vice chairman of the Board of Directors cum general director of Duc Viet since establishment, has shared three tips that helped the company achieve miracle growth. Starting with an initial investment of just VND2 billion ($88,106), after 16 years of operation, Duc Viet Food JSC, known by its familiar brand name Duc Viet Sausage, was successfully acquired by foreign investors for a total purchase price of VND700 billion ($30.84 million). Hua Xuan Sinh, vice chairman of the Board of Directors cum general director of Duc Viet since establishment, has shared three tips that helped the company achieve miracle growth.

By Thanh Van

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