Lying in Son Dinh commune, the mountainous district of Son Hoa, the project will raise 5,000 milch cows, build materials zones and produce around 72 tonnes of fresh milk per day in the first stage with a total investment of VND1.151 trillion (US$51.15 million).
During the second stage, the cow herd will increase to 20,000 heads at a combined cost of VND4.570 trillion.
Apart from more than 78 ha of land used for farms, the group will partner with local residents to build feed materials zone on a site of roughly 377ha, mostly corn and grass for cows.
The milk processing plant is due to be built in An My commune, Tuy An district.
Thai Huong, TH Group founder, said the complex uses milch cow management technology of Israel, epidemics control system of New Zealand and water and waste treatment technology of Japan and the Netherlands.
Once operational in early 2019, the project will raise income for thousands of workers in the locality.