An Giang - An Giang Import-Export Joint Stock Company (Angimex - HOSE: AGM), a member of Louis Holdings Group - the leading enterprise in the field of agricultural food production & trading business in Vietnam was honoured to welcome the President and the high-level delegation of the Republic of Sierra Leone to visit a rice factory in Long Xuyen City, An Giang province.

Here, the signing ceremony of the Memorandum of Understanding (MOU) on a 3-year rice export contract to the West African country was held under the witness of the President of the Republic of Sierra Leone, Julius Maada Bio. This visit with the most significant purchase so far in 2022 will be the premise for Angimex to firmly maintain its leading position in ensuring transcontinental food security.

The MOU signing ceremony had the honorary attendance of Do Thanh Nhan – Chairman & other senior representatives of Angimex and President Julius Maada Bio & the high-level delegation of the Republic of Sierra Leone.

According to the content of the MOU between the two parties, Angimex will export 3 million tons of rice to Sierra Leone under a three-year rice export contract. This kind of international rice export contract exerts a substantial influence, helping Angimex access new markets and customer groups in the future.

The application of new agricultural technology in farming enables Vietnam's leading rice enterprise to ensure rice grain quality and meet the strict standards of big countries. With the "endorsement" of the President of the Republic of Sierra Leone, Angimex has high expectations for this 3-year contract as the foundation for upcoming larger purchases from West Africa since Angimex has already proved its scale and potential with neighbouring countries of the Republic of Sierra Leone. This shows comprehensive cooperation between Angimex and the presidential delegation of the Republic of Sierra Leone and between Vietnam and Sierra Leone.

Do Thanh Nhan, Chairman of An Giang Import-Export Joint Stock Company, said: "Thanks to the strict quality control system, Angimex has been and will be able to provide the highest quality rice products to meet the increasingly demanding requirements of the market."

"The enterprise's professional services will surely satisfy the diverse needs of customers. With goodwill for mutual development, Angimex strongly believes in the good and long-term success of the cooperation between Angimex and our partners in the upcoming time. We look forward to accompanying our partners to create the best and sustainable values,"

Within the scope of cooperation, Angimex will transfer the sample rice field to the Republic of Sierra Leone enterprises. The sample rice field is Angimex's first successful factor in ensuring high-quality rice input. The expansion of the large sample rice field is one of the solutions to increase the value of rice for export, according to the Ministry of Agriculture and Rural Development (MARD) policy.

When farming on the large sample rice field, farmers will simultaneously sow each high-yield and high-quality rice variety in the same area. his combination of high-quality rice production and rice field expansion brings practical benefits to farmers, including changing the production mindset and improving economic efficiency.

Aimed at improving the quality of rice seeds in the future, the agricultural services of Angimex emphasize providing farmers with in-depth knowledge and cost-saving methods during varietal selection, cultivation, and harvest. Also, Angimex's experts with rich experience in agriculture will train farmers to master cultivation techniques and answer farmers' questions during the farming process.

Regarding the business plan in 2022, Angimex sets a targeted revenue of over VND 8,004 billion; pre-tax profit of VND 70 billion - a more than double and 22 per cent increase respectively against the previous year.

In the long-term development strategy, Angimex aims to become the most extensive rice exporter and also the market leader in the domestic rice market. 

About Angimex

An Giang Import-Export JSC company (Angimex) – a member of Louis Holdings is one of the leading enterprises in Vietnam in food, agricultural materials, trade and service, with the main product in rice. Angimex focuses on developing core sectors, including agriculture, high-tech agriculture, and value-added agricultural products, on developing An Giang homeland.

Angimex was the first enterprise to be licensed by the Ministry of Industry and Trade under Decree 109 of the Government on consideration of eligibility for rice export business in 2011.

During more than 45 years of operation and development, Angimex's rice products have been exported to over 50 countries worldwide.

In 2020, Angimex was certified as a reputable Exporter by the Ministry of Industry and Trade.  In 2021, Angimex entered the top three largest rice exporters in Vietnam.  In 2022, Angimex aims to achieve the maximum capacity of processing plants with a total output of up to 1,000,000 tons per year.

To meet the accelerating demand, Angimex has constantly expanded its distribution network both domestically and internationally, managing and operating large-scale rice processing plants in the Mekong Delta. At the same time, the enterprise has continually improved product quality and established a quality management system in line with international food standards.

Angimex rice products have been well qualified with international certifications such as HALAL, ISO 22000:2005, HACCP and meet export standards of European countries, the US, Singapore, Hong Kong, Dubai and Africa.