Loc Troi Agriculture Merchandise JSC, subsidiary of Loc Troi Group, has exported greater than 4,500 tonnes of aromatic, white, brown, and glutinous rice varieties for US$3 million to Europe, the US, the Center East, and Asia up to now this yr.
They went largely to conventional markets like Italy, France, Canada, Hong Kong, Singapore, the Philippines, and Kuwait.
Some agricultural buying and selling firms within the EU have been shopping for rice from Loc Troi for greater than 10 years.
The exports are produced by the group’s agricultural worth chain with the cultivation course of strictly managed from seed to grain to fulfill some stringent standards in these markets.
The corporate has a community of 24 owned and affiliated factories throughout the Cuu Lengthy (Mekong) Delta with a capability to dry almost 26,000 tonnes a day and mill greater than 22,000 tonnes, and retailer a million tonnes.
The factories too undertake worldwide high quality requirements akin to BRC, HACCP and SMETA.
In 2021 the corporate contributed greater than VND4 trillion in revenues to dad or mum Loc Troi Group, with rice exports contributing greater than VND1 trillion, up 4 instances from 2020.
Loc Troi was chosen by the Ministry of Agriculture and Rural Improvement to export the primary ever consignment of jasmine rice to Europe beneath the EU-Viet Nam Free Commerce Settlement in September 2020.