Vietnam imported soy beans to the tune of US$95 million in November, down from US$99 million in October, a change of -3.46 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$1,099 million worth of soy beans by the end of November.
The USA accounted for US$81 million worth of Vietnam’s soy bean imports in November. This was up from US$49 million in soy beans imports in October, a change of 65.06 percent. Year to date, USA has shipped US$433 million worth of soy beans to Vietnam.
After the USA was Cambodia making up US$8 million worth of Vietnam’s soy bean imports in November. This was up from US$2 million in soy beans imports in October, a change of 250.35 percent. Year to date, Cambodia has shipped US$13 million worth of soy beans to Vietnam.
Next was Canada contributing US$5 million worth of Vietnam’s soy bean imports in November. This was up from US$3 million in soy beans imports in October, a change of 70.63 percent. Year to date, Canada has shipped US$76 million worth of soy beans to Vietnam.
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Vietnam imports of soy beans in November, US$m
| November | October | MoM | YTD | |
| Total | 95.09 | 98.50 | -3.46% | 1,098.78 |
| Other | 0.71 | 1.16 | -39.36% | 5.48 |
| USA | 81.47 | 49.36 | 65.06% | 432.69 |
| Cambodia | 7.99 | 2.28 | 250.35% | 13.18 |
| Canada | 4.92 | 2.88 | 70.63% | 75.68 |
| Argentina | 0.00 | 0.00 | 0.00% | 10.47 |
| Brazil | 0.00 | 42.81 | -100.00% | 561.28 |
Listed agriculture companies
These companies are listed on the Ho Chi Minh City Stock Exchange.
Dabaco Group JSC
Dabaco Group JSC (DBC) operates across animal feed production, livestock farming, and food processing in Vietnam.
DBC closed at VND 27,300 on Monday down 0.25 percent with 31,977,000 shares traded, worth VND 87,743 million.
Foreign ownership in DBC is currently capped at 49.0 percent, with current foreign ownership sitting at 2.1 percent.
Hoang Anh Gia Lai JSC
Hoang Anh Gia Lai JSC (HAG) operates in agriculture, livestock farming, and real estate development across Southeast Asia.
HAG closed at VND 17,600 on Monday down 0.3 percent with 72,498,000 shares traded, worth VND 127,421 million.
Foreign ownership in HAG is currently capped at 49.0 percent, with current foreign ownership sitting at 2.5 percent.
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Vietnam soy beans news
Recent developments include:
US-Singapore JV soy bean plant
A U.S.–Singapore joint venture has invested more than US$100 million to add a second soybean crushing line in southern Vietnam.
Vietnam Agriculture Limited, owned by Bunge and Wilmar International, inaugurated the new 4,000-ton-per-day line at Phu My 1 Industrial Park, raising total capacity to 7,800 tons daily.
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Vietnam’s soy beans industry
Vietnam’s soybean industry is relatively small, with domestic production supplying only a fraction of demand from food processing, animal feed and soy-based consumer products.
As a result, the country relies heavily on imported soybeans, mainly from the Americas, while policymakers encourage higher-yield varieties and processing investment to improve food security and value addition.