Dairy giant to double output of soya milk

July 27, 2013 | 09:29

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The Vietnam Soya Products Company (Vinasoy) has just launched the second and final phase of its soya milk factory in the Tien Son Industrial Zone in northern Bac Ninh province.

Groundbreaking ceremony of a soya milk factory of Vinasoy in August 2012. Photo: TBKTSG

The move will allow the firm to double its output to 180 million litres of soya milk per year and meet increasing demand for soya milk in the northern market.

Construction on the second phase began in August 2012, requiring a total investment of over 650 billion VND (31 million USD).

The new factory covers 61,000sq.m and is equipped with modern packaging and processing machines from Swedish company, Petra Tak.

According to a market survey conducted in June by global information and measurement company Nielsen, Vinasoy is the leading Vietnamese enterprise in the manufacture of soya milk products, commanding a 78 percent share of the total market.

Vinasoy reported a total revenue of approximately 1.9 trillion VND (90.5 million USD) last year, a figure that is expected to increase to 2.44 trillion VND (116.2 million USD) in 2013.

VNA

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