• What is the largest soybean processing plant in Vietnam?
  • The soybean processing plant in Ba Ria-Vung Tau province is the largest of its kind in Vietnam. The location of Bunge Vietnam’s integrated soybean crushing and oil refining plant on the port area eases the logistical supply chain. The new Bunge Vietnam plant has a 3,000t soybean crushing capacity.
  • Why did Vietnamese vegetable oil producers recover in 2022?
  • Due to lower input material costs, thanks to lower Palm Oil prices, VDSC believes that the profit margins of Vietnamese Vegetable Oil producers started recovering in the second half of 2022. In terms of Soybean Oil, according to AgFlow data, Vietnam imported 44,000 tons from Argentina in 2022, followed by Russia (30,000 tons).
  • How many tons of soybean oil did Vietnam import in 2022?
  • In terms of Soybean Oil, according to AgFlow data, Vietnam imported 44,000 tons from Argentina in 2022, followed by Russia (30,000 tons). A prominent consumer consumption trend in Vietnam¡¯s Vegetable Oil industry is the increasing consumer interest in high-grade Vegetable Oils after the Covid-19 pandemic.
  • What is Bunge Vietnam’s new soybean processing plant?
  • The new Bunge Vietnam plant has a 3,000t soybean crushing capacity. In June 2011, US-based agribusiness and food company Bunge inaugurated a new soybean processing plant in Ba Ria-Vung Tau province in southern Vietnam. It is the first integrated soybean crushing and multi-oil refining / bottling plant in the country.
  • What are Vietnam’s soybean imports in my2022/23?
  • Soybean meal accounts for the largest share of oilseed meal used for aqua and animal feed. Vietnam¡¯s soybean imports are forecast to stay at 2 million tons in MY2021/22 and to increase to 2.1 million tons in MY2022/23 due to the estimated increase in domestic food consumption.
  • Where are soybean crushing facilities located in Vietnam?
  • Vietnam has two industrial soybean crushing facilities, one located in the south and the other in the north of Vietnam. The demand for soybean crush is driven both by the need for meal for animal feed and the demand for soy oil.