The Bunge Vietnam, a subsidiary of the New York-based food conglomerate Bunge Limited, has commenced the construction of an integrated soybean processing plant in the Phu My Port Complex, sources from the company said.
The 10-hectare plant, the first of its kind in Vietnam , in the first phase can process 3,000 tonnes of soybeans a day. It is expected to come on stream in early 2011.
The port complex in Ba Ria-Vung Tau province is about 70 kilometers southeast of Ho Chi Minh City , the largest commercial hub of the country./.