Prepare all the ingredients. For the onion, garlic, and ginger, you can process these in a food processor if you’d like them really finely minced. For the mushrooms, I simply sliced them into very thin strips before mincing them.
Heat a small pan or skillet over medium high heat. Add in the oil.
Once hot, sauté the onion, garlic, and ginger until aromatic, around 3 minutes.
Add in the chilies or chili flakes, if using, and then mix well.
Add in the mushrooms and then cook for 3 to 4 minutes.
Once the mushrooms are cooked through, add in the in the sugar.
Mix the mushrooms well until the sugar has dissolved.
Add in the soybean or miso paste and then mix it with the mushrooms well.
Leave to cook over medium high heat for 3 to 4 minutes until everything is well incorporated.
Taste the paste and add more sugar if you’d like it a bit sweeter and more chili if you want more heat.
Cook the bagoong for 2-3 more minutes over medium heat until the sugar has dissolved and the mushrooms are cooked through.
Turn off the heat and leave the paste to cool completely before storing in a jar.
Refrigerate until ready to use! Keep the jar sealed tightly. This can be stored in the refrigerator for up to 3 months.
You can enjoy your bagoong with some Vegan Kare-Kare or Filipino Peanut Stew. You can see my recipe here.