The commercial feed industry in Vietnam depends on imports—including more than two million metric tons of soybean meal in 2007. Bunge sources much of that meal half a world away in Argentina, and our logistics bridge the geographic divide. We originate soybeans from farmers in the country's growing areas, process them through our network of industrial facilities and transport soybean meal and other commodities from our local ports to Vietnam, a monthlong journey of more than 9,000 nautical miles across the Atlantic and Indian Oceans.

"Because of our investments in logistics on both ends of the production chain, farmers here in Argentina have access to customers in the world's fastest-growing markets, while customers in Vietnam can obtain the quality and quantity of the protein meals and grains they need at competitive prices," says Pablo Tejon, a Bunge meal and oil trader in Argentina.

Bunge-chartered ships loaded with soybean meal, corn and wheat land at the Phu My port, on the Thi Vai River about 70 kilometers from Ho Chi Minh City. Phu My is presently the only licensed port that can handle large freighters called Panamax vessels, which span the length of more than two American football fields and can hold up to 65,000 metric tons of cargo. Bunge has invested in the port and has exclusive rights to use it for agricultural products. Because Phu My is more easily accessible by road and internal waterways than the country's main southern port at Ho Chi Minh City, our customers save time and money.