• 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).
  • Which country imports the most palm oil in Vietnam?
  • Currently, the two leading suppliers of Vietnam¡¯s crude Palm Oil are Indonesia and Malaysia ¨C accounting for 60% and 40% of the total value of Vietnam¡¯s Palm Oil imports in 2020.
  • What are the consumer trends in Vietnam’s vegetable oil industry?
  • 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. Among the leading enterprises pursuing this strategy are Tuong An Vegetable Oil Joint Stock Company (TAC) and Cai Lan Oil & Fat Company Limited (Calofic).