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Vinasoy opens soy research facility

Update: November, 18/2013 - 14:53
Viet Nam's largest soya products company, Vinasoy, launched Viet Nam's first soya-bean research centre in central Quang Ngai province.— Photo

DA NANG (VNS) — Viet Nam's largest soya products company, Vinasoy, launched Viet Nam's first soya-bean research centre in central Quang Ngai province.

A source from the company said the centre will develop research on new seeds, hi-tech production methods and ways to meet international standards.

The centre also signed a Memorandum of Understanding (MoU) on co-operation with the National Centre for Soybean Biotechnology (NSBC) at the University of Missouri and the National Soybean Research Laboratory (NSRL) at University of Illinois.

Vinasoy, a member of the Quang Ngai Sugar joint-stock company, earned revenues of VND5 trillion (US$238 million) last year.

According to a market survey from Nielsen, Vinasoy commands 78 per cent of the domestic market for packaged soya bean milk products. — VNS

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