Olam Agri has a large portfolio of products serving food, feed, and fibre necessities. Vietnam is strategically important for most of the products in its portfolio, either as the origination of various products or as a destination market.
In Vietnam, Olam Agri has emerged as a prominent foreign-invested enterprise and currently conducts two core businesses.
With a rice processing facility in Long An province, Olam Agri is a major player in the rice sector. Its operations include buying, processing, and exporting rice, thus contributing significantly to Vietnam’s global rice profile.
In 2023, Olam Agri entered Vietnam’s aquafeed business with processing factories located in Dong Thap province. The company collaborates closely with fish farms throughout the production cycle, ensuring optimal nutrition for aquaculture.
The company also does business with natural rubber domestic and export participation. The company's persistent efforts have been acknowledged with the prestigious Fast Enterprise Material award at the Asia-Pacific Enterprise Awards 2024.
At the award ceremony in early October, Olam Agri's Vietnam country head said, "We expressed heartfelt gratitude to our outstanding team, partners, and the communities we serve, reaffirming our dedication to sustainability, quality, and community engagement. We prioritise environmentally responsible practices, invest in cutting-edge research, and uphold stringent quality standards to build trust with our customers and stakeholders."
The company is also committed to instilling Olam Agri values, including Collaboration (building enduring relationships with stakeholders to proactively drive positive change within the food and agri sector); Agility (anticipating and responding to the evolving needs of stakeholders by simplifying complexities and creating solutions); Resourcefulness (leveraging its unique expertise, global footprint, and digital technologies); Entrepreneurship (empowering people to challenge the status quo by seizing market opportunities that drive innovation, value, and pride); and Sustainability (conducting business responsibly, with a passion to conserve the environment and improve livelihoods) into other businesses.
This prestigious award is more than a mirror of Olam Agri's achievements to date; it is also a driving force for the company's upcoming initiatives. The company is excited to continue its mission to drive positive change within the agricultural industry and beyond.
Please updated about the company by connecting to LinkedIn: Olam Global Agri Vietnam Co., Ltd.
https://www.linkedin.com/company/olam-global-agri-vietnam-co-ltd/
Rice cultivation makes use of advanced tech Many agricultural businesses are intensifying the large-scale application of advanced rice production technologies to boost economic value, while also reducing emissions. |
A rice value chain that can address climate change Following the first summer-autumn rice crop in three key Mekong Delta provinces, Tran Thu Ha, director of a project to transform the rice value chain to be more climate resilient, told VIR’s Oanh Do about the commitment from the SNV Netherlands Development Organisation to continue scaling up the model to help Vietnam craft a sustainable rice value chain. |
Rice exports set to break records According to the Ministry of Agriculture and Rural Development, rice exports in October reached 800,000 tonnes with a value of $505 million, bringing the total for the first 10 months to nearly 7.8 million tonnes at almost $4.9 billion. |
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