At around 30 million bags, Vietnam is the largest contributor to Global Trade of Robusta coffee. Olam is the largest exporters of soluble coffee from Vietnam. Our soluble coffee plant is the largest single processing plant for bulk supplier companies with coffee that is UTZ certified.
Olam processing operations in Vietnam produce a variety of products including Cashews, Almonds, Walnuts, Pistachios, and Macadamias for snacking, ingredients and culinary usage. Vietnam leads global exports of cashew kernels and also operate the largest raw cashew processing facility, a trend expected to continue.
Vietnam has become the world’s largest producer – contributing 40% of global pepper output – and close to 55% of global pepper trade, a trend which we expect will go on.
As a leading exporter in Vietnam, and with our own pepper farms, Olam is the only player in the market to have a fully integrated supply chain from growing pepper at our farm to producing sterilised ground pepper ingredients.
Vietnam is the third largest exporter of rice globally with an increased focus in exporting high quality and sustainable rice to developed markets. We have been among the top two private buyers from Vietnam consistently for many years.
Recently we integrated up the value chain and became a processor and exporter ourselves. The rice mill, located in Long An province is one of the most advanced state-of-the-art rice mills in the country. It is a BRC A certified facility with capacity of more than 100,000 tons per year.
We work tirelessly to create a sustainable value chain of rice in Vietnam. We are spearheading the biggest private rice sustainability project in the country under Sustainable Rice Platform (SRP). The project, Better Rice Initiative Asia Phase II (BRIA 2), aims at onboarding 10,000 smallholder rice farmers by 2022 to deliver fully audited and certified sustainable rice.
Vietnamese coffee farmers working with Olam have seen water consumption on their farms drop by 33% following the installation in 2016 of six pilot irrigation systems – and contributing to a significant drop in production costs.
Working on the ground at source allows us to actively pursue long-term relationships with farmers and suppliers based on responsible practices and trust. Something we have been doing successfully with coffee farmers in Vietnam.
Foodservice and Private Label are key businesses on Olam’s new strategic pathways and Vietnam has been chosen to launch this business with taget customers are HORECA channel, bevarages houses and bakeries.
Today we employ more than 6,500 people in the central and southern regions.
For the last 2 consecutive years, Olam Vietnam has been certified as AON Kincentric Best Employer for Vietnam. The Kincentric platform is considered as a gold standard amongst the global employer awards platforms.