Loc Troi Group exports over 4,500 tons of rice

Loc Troi Agriculture Product JSC ('LTA') has just completed an order of over 4,500 tons of rice, worth more than US$ 3 million (equivalent to VND 80 billion), including fragrant rice, white rice, brown rice, and sticky rice.

Four thousand five hundred tons of rice was delivered in turn from the beginning of the year to mid-February 2022 to leading agricultural companies in four continents that have been buying rice from Loc Troi Group for more than ten years, such as Italy, France, Canada, Hongkong, Singapore, Philippines, Kuwait.

This whole goods batch is the result of production organization, scientific cultivation from seed to rice grain, strict quality control to meet the standards of each market, and the sharing of benefits with the farmer households join the association.

Inheriting the achievements of the Group's food industry with a contribution of more than VND 4,000 billion to Loc Troi Group's revenue in 2021, LTA plays the first and last stage in the closed process from seed to harvested and transported to a network of 24 factories located throughout the Mekong Delta for drying, milling, storage, and delivery.

With a capacity of nearly 26,000 tons per day of rice drying, more than 22,000 tons per day of milling, and a total of 1 million tons of rice, Loc Troi Agriculture Product JSC can meet bulk orders all year round, especially for fastidious export markets such as Europe, the United States, Japan, Australia, etc.

In 2021, Loc Troi Agriculture Product JSC contributed more than VND 4,000 billion in revenue to the Group, of which rice exports contributed more than VND 1,000 billion, up four times compared to 2020.

Mr. Nguyen Duy Thuan, General Director of Loc Troi Group, shared: "This US$ 3 million export rice order is a practical demonstration of our commitment to sustainable development with farmers, partners, and investors."