A Commitment to Business Ethics, Tied to Sustainable and Socially Responsible Development
Environmental, Social, and Governance (ESG) standards are becoming an inevitable and important trend for every business. Vinasoy’s continued recognition at the Top 50 Sustainable Business Awards 2024 in Vietnam affirms that our focus on developing plant-based nutrition products and our commitment to soy as a key ingredient for over 27 years has been the right strategy. It contributes to creating sustainable value for the environment and the community.
The Top 50 CSA 2024 awards are categorized into 16 sections, honoring businesses’ contributions to Vietnam’s sustainable development. This year, 19 FDI enterprises and 31 domestic enterprises were recognized. Vinasoy was honored in two categories: Sustainable Raw Material Optimization and Outstanding CSR Activities. The CSA Awards’ judging panel, comprising experts and organizations such as HSBC Bank, the Institute for Circular Economy Development, Deloitte Vietnam, and PwC Vietnam, highly appreciated Vinasoy’s positive contributions in developing raw material regions and its CSR activities.
For almost three decades, as a national brand, Vinasoy has always been conscious that our business must be tied to the mission of creating a positive ecosystem for the community and improving lives. Bringing the “goodness of nature” to everyone and every household has been our guiding principle, and it is what makes Vinasoy confidently strive to be a sustainable business.
Developing the Soybean Raw Material Region with Heart and Dedication
Vinasoy established the Soybean Research and Application Center (VSAC) 11 years ago to develop the soybean raw material region, guide farmers in cultivation techniques, and commit to purchasing soybean products at agreed-upon prices from the beginning of the crop, giving farmers peace of mind in their production.
Over the years, Vinasoy has focused on implementing a soybean production linkage program with farmers by supplying high-quality seeds developed by the VSAC. The method of soybean intercropping on paddy fields helps farmers optimize economic efficiency on a land area and increase soil fertility.
Building the soybean raw material region not only helps Vinasoy take control of the source of ingredients for its product lines but is also Vinasoy’s way of accompanying farmers in their dedication to soybeans in their homeland, contributing to the sustainable development of the country’s agriculture.
Nurturing the Future with Natural Nutrition
In addition to pursuing its core values from the very beginning, Vinasoy has been joining hands to build a better life through practical community support projects. A typical example is the Vietnam Soymilk Scholarship Fund, established in 2016.
By 2023, the Vietnam Soymilk Scholarship Fund, along with Vinasoy, had donated nearly 12.6 million boxes of Fami soymilk to more than 886,000 primary and secondary school students in 1,580 schools in 19 provinces and cities nationwide. Along with the millions of boxes of soymilk donated, Vinasoy also implements programs to encourage children to exercise more, stimulate creativity, and combine forms of education for parents, schools, and students about school nutrition.
Investing in nutritional education for students is how the Vietnam Soymilk Scholarship Fund and Vinasoy lay the foundation for the physical development and long-term knowledge of the country’s future generations.
Vinasoy is known as Vietnam’s leading plant-based milk producer, always dedicated, innovative, and ready for sustainable progress. Currently, Vinasoy owns three factories in the North, Central, and South regions with a total capacity of up to 390 million liters, and all three factories are invested with modern technology and state-of-the-art production lines.
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