Louis Dreyfus Company Viet Nam Trading And Processing Co. Ltd (Vietnam)

The subject focuses on trading, processing and exporting agricultural products: cereals, oilseeds, rice, especially coffee with two kinds of Arabica and Robusta coffee. It exports products to USA, EU, Asian, etc. It is a member of Louis Dreyfus Commodities Group - a leading French agribusiness group, established and operating in Vietnam since 2007. Currently, there are 4 enterprises exporting coffee products in Gia Lai province, including: Vinh Hiep Co., Ltd, Trung Hieu Co., Ltd, Hoa Trang Import Export Co., Ltd and subject. In 2019, the coffee export turnover of Gia Lai province reached USD 294 million, in which 96.5% is exporting raw material. Coffee prices in recent years have fluctuated adversely, affecting the number of companies involved in exporting this item. As of Mar 2020, prices of Robusta coffee on ICE Europe - London and Arabica coffee on ICE US - New York showed signs of increasing, especially Arabica coffee. Louis Dreyfus Commodities Group announced a net profit of USD 230 million in 2019, down by 36.81% from the USD 364 million in 2018. Covid-19 epidemic, so far, has not significantly affected the overall operations of this company. The factory in Gia Lai province is operating normally while staff in branch in Ho Chi Minh city is working from home at present.