Information about the Company
Established in 2021, Olam Global Agri Vietnam Co., Ltd (Olam Agri) is a market-leading agri-business, focused on high-growth markets with a global origination footprint, processing capabilities, and a deep understanding of market needs built over more than 33 years.
Olam Agri’s purpose is to transform food, feed, and fiber for a more sustainable and food-secure future. In conjunction with this, the company’s vision is to become a trusted partner unlocking value for customers while striving for a food-secure future and enabling farming communities to prosper sustainably.
Olam Agri’s corporate values cover (1) Collaboration (Building enduring relationships with stakeholders to proactively drive positive change within the food and agri sector); (2) Agility (Anticipating and responding to the evolving needs of stakeholders by simplifying complexities and creating solutions); (3) Resourcefulness (Leveraging its unique expertise, global footprint, and digital technologies to maximize value-added offerings); (4) Entrepreneurship (Empowering people to challenge the status quo by seizing market opportunities that drive innovation, value, and pride); and (5) Sustainability (Conducting business responsibly, with a passion to conserve the environment and improve livelihoods).
Olam Agri is currently conducting 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 aquafeed processing factories located in Dong Thap province. The company collaborates closely with fish farms throughout the production cycle, ensuring optimal nutrition for aquaculture.
Innovative Corporate Culture and Growth Initiatives
Olam Agri has been growing at a rapid pace. The company focuses on innovation and execution excellence in its current businesses to win in the marketplace ahead of its competition.
The company started its integrated rice processing factory in 2020 and despite disruptions in scaling up operations due to COVID-19, the company has been able to reach full capacity utilization in just 3 years. The company grew its rice export business by 1700% over the last 3 years, making it one of the fastest-growing companies in the industry.
Product diversification has led to an increase in the company’s global footprint among clients and markets. This company is now one of the largest sellers of high-quality branded packed rice to developed markets like Oceania, the Middle East, and Europe from Vietnam.
Olam Agri entered the aquafeed business last year in Q1 of 2023. The aquafeed industry in Vietnam is mature with highly experienced global companies having years of experience; to this end, Olam Agri has had impressive growth in acquiring market shares in the segments of its participation within just one year. The company’s focus on quality leadership and holistic customer experience through comprehensive differentiated services and operational efficiencies has supported its market penetration.
Olam Agri’s global portfolio of products offers immense growth opportunities for Vietnam’s domestic and international markets over the next few years. The company wishes to contribute to the communities that it is working with while growing responsibly and ethically in the most sustainable manner.
Established in 2021, Olam Global Agri Vietnam Co., Ltd (Olam Agri) is a market-leading agri-business, focused on high-growth markets with a global origination footprint, processing capabilities, and a deep understanding of market needs built over more than 33 years.
Olam Agri’s purpose is to transform food, feed, and fiber for a more sustainable and food-secure future. In conjunction with this, the company’s vision is to become a trusted partner unlocking value for customers while striving for a food-secure future and enabling farming communities to prosper sustainably.
Olam Agri’s corporate values cover (1) Collaboration (Building enduring relationships with stakeholders to proactively drive positive change within the food and agri sector); (2) Agility (Anticipating and responding to the evolving needs of stakeholders by simplifying complexities and creating solutions); (3) Resourcefulness (Leveraging its unique expertise, global footprint, and digital technologies to maximize value-added offerings); (4) Entrepreneurship (Empowering people to challenge the status quo by seizing market opportunities that drive innovation, value, and pride); and (5) Sustainability (Conducting business responsibly, with a passion to conserve the environment and improve livelihoods).
Olam Agri is currently conducting 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 aquafeed processing factories located in Dong Thap province. The company collaborates closely with fish farms throughout the production cycle, ensuring optimal nutrition for aquaculture.
Innovative Corporate Culture and Growth Initiatives
Olam Agri has been growing at a rapid pace. The company focuses on innovation and execution excellence in its current businesses to win in the marketplace ahead of its competition.
The company started its integrated rice processing factory in 2020 and despite disruptions in scaling up operations due to COVID-19, the company has been able to reach full capacity utilization in just 3 years. The company grew its rice export business by 1700% over the last 3 years, making it one of the fastest-growing companies in the industry.
Product diversification has led to an increase in the company’s global footprint among clients and markets. This company is now one of the largest sellers of high-quality branded packed rice to developed markets like Oceania, the Middle East, and Europe from Vietnam.
Olam Agri entered the aquafeed business last year in Q1 of 2023. The aquafeed industry in Vietnam is mature with highly experienced global companies having years of experience; to this end, Olam Agri has had impressive growth in acquiring market shares in the segments of its participation within just one year. The company’s focus on quality leadership and holistic customer experience through comprehensive differentiated services and operational efficiencies has supported its market penetration.
Olam Agri’s global portfolio of products offers immense growth opportunities for Vietnam’s domestic and international markets over the next few years. The company wishes to contribute to the communities that it is working with while growing responsibly and ethically in the most sustainable manner.
This company is now one of the largest sellers of high-quality branded packed rice to developed markets like Oceania, the Middle East, and Europe from Vietnam.
Achievements and Impact
The latest growth statistics of the company include its 3 offices, 192 employees to date, and achievement of USD 80 million turnover in the FY of 2023.
Olam Agri’s local impact covers its Market-Oriented Smallholder Value Chains (MSVC) project, wherein Olam Agri in collaboration with GIZ, trained approximately 10,000 rice farmers. Farmers who followed Sustainable Rice Platform (SRP) standards had an increase in income by 17%; at the same time, water usage was reduced by up to 40% and N-P-K fertilizer usage was reduced by 15%.
Other local activities by the company included Olam Agri Vietnam's Annual Scholarship Program to Support Education and Excellence which provides scholarships to 77 meritorious students facing financial constraints to support their studies. The company also organized Breast Cancer Workshops for Olam Agri employees, Queensland University, and Can Tho University students and teachers.
The company’s strategy to achieve sustainable growth focuses on 3 aspects. These aspects are (1) Focus on investments in growing existing and new businesses as per strategic plans for 3-6 year cycles; (2) A well-defined Employee Engagement Program that supports current employees for learning and development opportunities; and (3) A talent pipeline for the future through engagements with leading colleges and universities for internship programs at multiple levels.
Future Direction
Olam Agri has a large portfolio of products serving food, feed, and fiber 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.
The company is extremely excited about expansion opportunities in its existing businesses in the rice and aquafeed industries over the next 3-6 years. It is presently investing more in both of these businesses to increase installed capacities and utilize advanced technology to ensure future readiness. It is expecting to add more products to its current aquafeed portfolio to service both domestic and export-oriented fish species.
Olam Agri‘s state-of-the-art Long An Rice factory has achieved best-in-class global certifications and is one of the most favored exporting facilities for leading global retailers. The company intends to expand to more international markets in the next 2 years.
In addition to rice and aquafeed, Olam Agri also participates in the trade flow of natural rubber, cotton, and industrial wood. All these sectors offer attractive growth opportunities for Olam Agri.
The latest growth statistics of the company include its 3 offices, 192 employees to date, and achievement of USD 80 million turnover in the FY of 2023.
Olam Agri’s local impact covers its Market-Oriented Smallholder Value Chains (MSVC) project, wherein Olam Agri in collaboration with GIZ, trained approximately 10,000 rice farmers. Farmers who followed Sustainable Rice Platform (SRP) standards had an increase in income by 17%; at the same time, water usage was reduced by up to 40% and N-P-K fertilizer usage was reduced by 15%.
Other local activities by the company included Olam Agri Vietnam's Annual Scholarship Program to Support Education and Excellence which provides scholarships to 77 meritorious students facing financial constraints to support their studies. The company also organized Breast Cancer Workshops for Olam Agri employees, Queensland University, and Can Tho University students and teachers.
The company’s strategy to achieve sustainable growth focuses on 3 aspects. These aspects are (1) Focus on investments in growing existing and new businesses as per strategic plans for 3-6 year cycles; (2) A well-defined Employee Engagement Program that supports current employees for learning and development opportunities; and (3) A talent pipeline for the future through engagements with leading colleges and universities for internship programs at multiple levels.
Future Direction
Olam Agri has a large portfolio of products serving food, feed, and fiber 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.
The company is extremely excited about expansion opportunities in its existing businesses in the rice and aquafeed industries over the next 3-6 years. It is presently investing more in both of these businesses to increase installed capacities and utilize advanced technology to ensure future readiness. It is expecting to add more products to its current aquafeed portfolio to service both domestic and export-oriented fish species.
Olam Agri‘s state-of-the-art Long An Rice factory has achieved best-in-class global certifications and is one of the most favored exporting facilities for leading global retailers. The company intends to expand to more international markets in the next 2 years.
In addition to rice and aquafeed, Olam Agri also participates in the trade flow of natural rubber, cotton, and industrial wood. All these sectors offer attractive growth opportunities for Olam Agri.
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OLAM GLOBAL AGRI VIETNAM CO., LTD
Information about the Company
Established in 2021, Olam Global Agri Vietnam Co., Ltd (Olam Agri) is a market-leading agri-business, focused on high-growth markets with a global origination footprint, processing capabilities, and a deep understanding of market needs built over more than 33 years.
Olam Agri’s purpose is to transform food, feed, and fiber for a more sustainable and food-secure future. In conjunction with this, the company’s vision is to become a trusted partner unlocking value for customers while striving for a food-secure future and enabling farming communities to prosper sustainably.
Olam Agri’s corporate values cover (1) Collaboration (Building enduring relationships with stakeholders to proactively drive positive change within the food and agri sector); (2) Agility (Anticipating and responding to the evolving needs of stakeholders by simplifying complexities and creating solutions); (3) Resourcefulness (Leveraging its unique expertise, global footprint, and digital technologies to maximize value-added offerings); (4) Entrepreneurship (Empowering people to challenge the status quo by seizing market opportunities that drive innovation, value, and pride); and (5) Sustainability (Conducting business responsibly, with a passion to conserve the environment and improve livelihoods).
Olam Agri is currently conducting 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 aquafeed processing factories located in Dong Thap province. The company collaborates closely with fish farms throughout the production cycle, ensuring optimal nutrition for aquaculture.
Innovative Corporate Culture and Growth Initiatives
Olam Agri has been growing at a rapid pace. The company focuses on innovation and execution excellence in its current businesses to win in the marketplace ahead of its competition.
The company started its integrated rice processing factory in 2020 and despite disruptions in scaling up operations due to COVID-19, the company has been able to reach full capacity utilization in just 3 years. The company grew its rice export business by 1700% over the last 3 years, making it one of the fastest-growing companies in the industry.
Product diversification has led to an increase in the company’s global footprint among clients and markets. This company is now one of the largest sellers of high-quality branded packed rice to developed markets like Oceania, the Middle East, and Europe from Vietnam.
Olam Agri entered the aquafeed business last year in Q1 of 2023. The aquafeed industry in Vietnam is mature with highly experienced global companies having years of experience; to this end, Olam Agri has had impressive growth in acquiring market shares in the segments of its participation within just one year. The company’s focus on quality leadership and holistic customer experience through comprehensive differentiated services and operational efficiencies has supported its market penetration.
Olam Agri’s global portfolio of products offers immense growth opportunities for Vietnam’s domestic and international markets over the next few years. The company wishes to contribute to the communities that it is working with while growing responsibly and ethically in the most sustainable manner.
Established in 2021, Olam Global Agri Vietnam Co., Ltd (Olam Agri) is a market-leading agri-business, focused on high-growth markets with a global origination footprint, processing capabilities, and a deep understanding of market needs built over more than 33 years.
Olam Agri’s purpose is to transform food, feed, and fiber for a more sustainable and food-secure future. In conjunction with this, the company’s vision is to become a trusted partner unlocking value for customers while striving for a food-secure future and enabling farming communities to prosper sustainably.
Olam Agri’s corporate values cover (1) Collaboration (Building enduring relationships with stakeholders to proactively drive positive change within the food and agri sector); (2) Agility (Anticipating and responding to the evolving needs of stakeholders by simplifying complexities and creating solutions); (3) Resourcefulness (Leveraging its unique expertise, global footprint, and digital technologies to maximize value-added offerings); (4) Entrepreneurship (Empowering people to challenge the status quo by seizing market opportunities that drive innovation, value, and pride); and (5) Sustainability (Conducting business responsibly, with a passion to conserve the environment and improve livelihoods).
Olam Agri is currently conducting 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 aquafeed processing factories located in Dong Thap province. The company collaborates closely with fish farms throughout the production cycle, ensuring optimal nutrition for aquaculture.
Innovative Corporate Culture and Growth Initiatives
Olam Agri has been growing at a rapid pace. The company focuses on innovation and execution excellence in its current businesses to win in the marketplace ahead of its competition.
The company started its integrated rice processing factory in 2020 and despite disruptions in scaling up operations due to COVID-19, the company has been able to reach full capacity utilization in just 3 years. The company grew its rice export business by 1700% over the last 3 years, making it one of the fastest-growing companies in the industry.
Product diversification has led to an increase in the company’s global footprint among clients and markets. This company is now one of the largest sellers of high-quality branded packed rice to developed markets like Oceania, the Middle East, and Europe from Vietnam.
Olam Agri entered the aquafeed business last year in Q1 of 2023. The aquafeed industry in Vietnam is mature with highly experienced global companies having years of experience; to this end, Olam Agri has had impressive growth in acquiring market shares in the segments of its participation within just one year. The company’s focus on quality leadership and holistic customer experience through comprehensive differentiated services and operational efficiencies has supported its market penetration.
Olam Agri’s global portfolio of products offers immense growth opportunities for Vietnam’s domestic and international markets over the next few years. The company wishes to contribute to the communities that it is working with while growing responsibly and ethically in the most sustainable manner.
This company is now one of the largest sellers of high-quality branded packed rice to developed markets like Oceania, the Middle East, and Europe from Vietnam.
Achievements and Impact
The latest growth statistics of the company include its 3 offices, 192 employees to date, and achievement of USD 80 million turnover in the FY of 2023.
Olam Agri’s local impact covers its Market-Oriented Smallholder Value Chains (MSVC) project, wherein Olam Agri in collaboration with GIZ, trained approximately 10,000 rice farmers. Farmers who followed Sustainable Rice Platform (SRP) standards had an increase in income by 17%; at the same time, water usage was reduced by up to 40% and N-P-K fertilizer usage was reduced by 15%.
Other local activities by the company included Olam Agri Vietnam's Annual Scholarship Program to Support Education and Excellence which provides scholarships to 77 meritorious students facing financial constraints to support their studies. The company also organized Breast Cancer Workshops for Olam Agri employees, Queensland University, and Can Tho University students and teachers.
The company’s strategy to achieve sustainable growth focuses on 3 aspects. These aspects are (1) Focus on investments in growing existing and new businesses as per strategic plans for 3-6 year cycles; (2) A well-defined Employee Engagement Program that supports current employees for learning and development opportunities; and (3) A talent pipeline for the future through engagements with leading colleges and universities for internship programs at multiple levels.
Future Direction
Olam Agri has a large portfolio of products serving food, feed, and fiber 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.
The company is extremely excited about expansion opportunities in its existing businesses in the rice and aquafeed industries over the next 3-6 years. It is presently investing more in both of these businesses to increase installed capacities and utilize advanced technology to ensure future readiness. It is expecting to add more products to its current aquafeed portfolio to service both domestic and export-oriented fish species.
Olam Agri‘s state-of-the-art Long An Rice factory has achieved best-in-class global certifications and is one of the most favored exporting facilities for leading global retailers. The company intends to expand to more international markets in the next 2 years.
In addition to rice and aquafeed, Olam Agri also participates in the trade flow of natural rubber, cotton, and industrial wood. All these sectors offer attractive growth opportunities for Olam Agri.
The latest growth statistics of the company include its 3 offices, 192 employees to date, and achievement of USD 80 million turnover in the FY of 2023.
Olam Agri’s local impact covers its Market-Oriented Smallholder Value Chains (MSVC) project, wherein Olam Agri in collaboration with GIZ, trained approximately 10,000 rice farmers. Farmers who followed Sustainable Rice Platform (SRP) standards had an increase in income by 17%; at the same time, water usage was reduced by up to 40% and N-P-K fertilizer usage was reduced by 15%.
Other local activities by the company included Olam Agri Vietnam's Annual Scholarship Program to Support Education and Excellence which provides scholarships to 77 meritorious students facing financial constraints to support their studies. The company also organized Breast Cancer Workshops for Olam Agri employees, Queensland University, and Can Tho University students and teachers.
The company’s strategy to achieve sustainable growth focuses on 3 aspects. These aspects are (1) Focus on investments in growing existing and new businesses as per strategic plans for 3-6 year cycles; (2) A well-defined Employee Engagement Program that supports current employees for learning and development opportunities; and (3) A talent pipeline for the future through engagements with leading colleges and universities for internship programs at multiple levels.
Future Direction
Olam Agri has a large portfolio of products serving food, feed, and fiber 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.
The company is extremely excited about expansion opportunities in its existing businesses in the rice and aquafeed industries over the next 3-6 years. It is presently investing more in both of these businesses to increase installed capacities and utilize advanced technology to ensure future readiness. It is expecting to add more products to its current aquafeed portfolio to service both domestic and export-oriented fish species.
Olam Agri‘s state-of-the-art Long An Rice factory has achieved best-in-class global certifications and is one of the most favored exporting facilities for leading global retailers. The company intends to expand to more international markets in the next 2 years.
In addition to rice and aquafeed, Olam Agri also participates in the trade flow of natural rubber, cotton, and industrial wood. All these sectors offer attractive growth opportunities for Olam Agri.