The Bel Vietnam Factory Project, Phase 2 is located at Lot CN1, Song Than 3 Industrial Park, Phu Tan Ward, Thu Dau Mot City, Binh Duong Province (now Ho Chi Minh City). The project is developed by Bel Vietnam Co., Ltd., with a total investment of approximately VND 486 billion (USD 18 million).

The project has a total gross floor area of 10,500 m² and will double Bel’s supply capacity to 20,000 tons per year, while aiming to further increase its cheese market share beyond 74% in the Vietnamese market. The project targets LOTUS green building certification, demonstrating a strong commitment to environmentally friendly and sustainable design.

The project held its groundbreaking ceremony on January 15, 2026, and is expected to be completed in March 2027.