Vice President Nguyen Thi Doan attended the inaugural ceremony for the last phase, which has doubled the factory’s design capacity, enabling production of 180 million litres of soy milk per year..
Construction on the two-phase project began in August 2012, requiring a total investment of over VND650 billion (US$30.6 million). The first phase, with a design capacity of 90 million litres per year, was completed and made operational in May 2013.
Covering an area of 61,000 sq.m, the factory has been equipped with automatic and modern food packaging and processing technologies by Sweden’s Tetra Pak. The completed factory is expected to meet the increasing demand for soy milk in the northern market.
Vinasoy is the leading enterprise in Vietnam in the manufacture of soy milk products. With two favoured brands, Fami and Vinasoy, Vinasoy has captured around 78% of national market share.
Vinasoy brought in a total revenue of approximately VND1.9 trillion (US$89.3 million) last year; a figure that is expected to hit VND2.44 trillion (US$114.68 million) in 2013.
After the ribbon-cutting ceremony, Vice President Doan paid visits and presented gifts to 20 exemplary families under preferential treatment policies in Dai Dong commune, Tien Du district.
