AgriS always prioritizes cooperation and the creation of enduring value for all Shareholders. The Company approaches this goal with careful consideration, evaluating the relationships, levels of interaction, and mutual influences among key Stakeholders. This diligent assessment empowers AgriS to formulate targeted action plans and responses to address critical topics and concerns effectively.
1. Key Concerns:
- Stable and reasonable business performance growth over the years to ensure sustainability in the medium and long term;
- Accurate reflection of the Company's intrinsic strength and potential in the stock market value;
- Continuous and sustainable growth of the Company’s intrinsic value;
- Compliance with international standards for information disclosure, ensuring regularity, transparency, and trustworthiness;
- Protection of Shareholders' and Investors' interests with fair treatment;
- Strong governance and management capacity of senior leadership.
2. TTC AgriS’s approach:
- Meet and consult shareholders directly or indirectly through the AGM and the written opinion collection;
- Participate in forums and investor meet-ups organized by Securities Companies, Investment Funds, and major domestic and international financial institutions;
- Support Shareholders/Investors by addressing their inquiries and replying to them via phone, email, etc.;
- Implement and improve Investor Relations activities according to international standards, such as Annual Reports, Sustainability Reports, Press Releases, Investor Newsletters, and Financial Statements explanations;
- Update adequate, accurate, and timely information regarding operations, business, stocks, capital markets, etc.
3. Achievements in the past year:
- Maintained the presence in the Top 20 Listed Companies in the VNSI – Vietnam Sustainability Index for the 7th consecutive year;
- Top 10 Companies with Best Corporate Governance – Large-cap group – HOSE;
- Top 5 Boards of the Year Award – VIOD;
- Top 4 Best Annual Reports Worldwide – LACP;
- Top 50 Best Listed Companies in 2024 – Forbes Vietnam;
- Consistently ranked among the top enterprises in the market with the highest credit ratings, holding a stable outlook and achieving a “vnA+” rating as per the June 2024 Credit Rating Report from Saigon Ratings.
1. Key Concerns:
- High-quality products at competitive price;
- Diversified product portfolio;
- Prestigious brand;
- Easy access to products;
- Preferential sales policies;
- Excellent customer service and after-sales support.
- Products with clear origins and traceability, produced in compliance with food safety standards and sustainable practices.
2. TTC AgriS’s approach:
- Meet and exchange information directly with Customers;
- Conduct preference surveys and product quality assessments from the 4 main distribution channels;
- Collaborate with Customers in R&D activities;
- Receive feedback and act on Customer inquiries in a reasonable and timely manner via email and phone;
- Develop long-term loyalty policies for distributors and major customers;
- Organize workshops and training programs in collaboration with Customers who are leading companies in terms of quality;
- Organize seminars on food safety for Customers.
3. Achievements in the past year:
- Maintained a stable domestic market share of 46% in FY 2023-2024 while expanding to 69 export markets globally;
- Diversified product portfolio featuring over 88 Sugar products, 24 Sugar by-products, 8 Sugarcane beverage and purified water products, 46 Coconut-based products, 11 Rice-based products and 21 Banana-based products, and 1 Solar power product;
- Continued to uphold various crucial international certifications, such as ISO 14001:2015, ISO 45001:2018, ISO/IEC 17025, FSSC 22000 version 6.0, Sedex, Kosher, and HALAL SGP. Additionally, TTC AgriS has received certifications from the U.S. Food and Drug Administration (FDA), Organic Certification from the U.S. Department of Agriculture (USDA), EU certification from Control Union, Bonsucro certification, as well as Fair Choice and Fair Trade certifications.
- Ranked among the Top 100 Most Valuable Brands in Vietnam by Brand Finance;
- Included in Fortune Southeast Asia 500;
- Awarded “High-Quality Vietnamese Product” certification in 2024 as determined by consumer choice.
1. Key Concerns:
- Compliance with the law;
- Response to the government’s appeals.
2. TTC AgriS’s approach:
- Fulfill all business obligations such as taxes, insurance, occupational health and safety, food safety and hygiene, etc;
- Participate in activities of the Vietnam Sugar Association with the responsibility of a leading Sugar Company: Contributing to developing industry policies, combating Sugar smuggling and development strategy for Vietnam's Sugar industry,...;
- Comment on proposed legal documents concerning the Company’s operations, agriculture, and other related activities;
- Cooperate with government agencies to discuss challenges and obstacles faced by businesses;
- Participate in campaigns and programs initiated by government agencies to support the community and society.
3. Achievements in the past year:
- No violations related to legal regulations, environmental protection, or social commitments;
- Actively contributed to the formulation and implementation of key policies impacting the sugar industry, including anti-smuggling measures and strategies for the development of Vietnam's sugar industry;
- Proactively implemented green business strategy and sustainable development policies;
- Created over 40,000 job opportunities for local people, improving the economy of the area in which the Company operates or invests;
- Paid more than 125 billion VND in corporate income tax to the State.
1. Key Concerns:
- Product offtake contract;
- Stable procurement policy;
- Commitment to a minimum purchase price;
- Adherence to the terms of contracts;
- Guidance on farming methods, technology transfer, mechanization support, and financial support;
- Assistance in accessing the latest information and trends in the Vietnamese and global agricultural sector;
2. TTC AgriS’s approach:
- Availability of purchase commitments suitable for each period, avoiding the situations of “win a crop, but lose a business”;
- Farming officers regularly survey, receive and respond to feedback;
- Farmers can directly communicate with the BOD/BOM at agricultural stations, the Raw Material Development Department and factories;
- Organize seminars and training programs and guidance to farmers;
- Conduct end-of-season review conferences.
3. Achievements in the past year:
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Financial support policy:
- Land rental support: Up to 16,000,000 VND/ha/crop for land in Vietnam or 8,000,000 VND/crop for land in Cambodia near the Vietnam border.
- Planting and care investment: For new sugarcane, investment ranges from 40 to 46 million VND/ha, and for ratoon sugarcane, from VND 21 million to VND 27 million /ha. This covers the full cycle of cultivation, including land preparation, seedling care, stalk maintenance, fertilizer application, and plant protection.
- Agricultural machinery and equipment investment: Offers tailored support packages for equipment investments, with capital recovery periods spanning 1 to 6 crops. Notably, TTC AgriS provides up to 100% support for select machinery currently distributed by the Company.
- Irrigation system investment: Based on local water conditions, terrain, and existing infrastructure, TTC AgriS proposes investment solutions, such as drilling wells, installing rotary sprinklers or drip irrigation systems, and purchasing diesel or electric pumps.
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Sugarcane procurement policy:
- Ensured the procurement of 100% of raw sugarcane production, fostering trust and long-term partnerships with farmers.
- Implemented a purchase policy with a 10% to 15% price increase compared to the previous FY.
- Introduced a minimum guaranteed purchase price to protect farmers from market fluctuations, allowing them to confidently cultivate and expand their sugarcane farming areas.
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Technical support in farming and harvesting policy:
- Offered expert guidance on farming, crop management, and harvesting techniques aimed at improving sugarcane yields;
- Enhanced the breeding of Trichogramma (ABI), a natural enemy of stem-boring pests, as part of a strategy to reduce reliance on chemical pesticides;
- Facilitated access to the latest knowledge, skill development, and the adoption of advanced global farming practices;
- Conducted research and provided cutting-edge scientific applications to farmers through the Sugarcane Research & Development Centers.
1. Key concerns:
- A professional and dynamic working environment;
- Labor safety;
- Competitive compensation and benefits packages
- Relevant training programs to enhance knowledge and skills;
- Fair and expansive opportunities for career advancement;
- Training of successor teams.
2. TTC AgriS’s approach:
- Organize internal training sessions, as well as regularly invite subject-matter experts to these sessions to help employees improve their knowledge and skills in corporate governance, professional competence, work experience, and soft skills;
- Support new hires in adapting to the Company and the industry through basic-to-advanced training programs;
- Issue suitable welfare policies, while consistently researching, updating, and developing welfare policies to improve the material and spiritual lives of employees;
- Survey employee satisfaction regarding the work environment, compensation and benefits, and welfare policies;
- Seek feedback from Employees via email, phone, and social media;
- Organize competitions to identify, reward, and develop talented individuals in their respective field.
3. Achievements in the past year:
- For the first time honored as “Employer of Choice Winner 2023”, an award of CareerViet in collaboration with Acom VietNam;
- Recognized for the 3rd consecutive year as a “Great Place to Work” by the Global Authority on Workplace Culture with high scores on the working environment;
- Issued and updated clear, transparent, and fair policies regarding salary regulations, employee welfare, and emulation rewards;
- Organized over 732 training courses with over 15,711 participants, an increase compared to last FY, to provide Employees with the opportunity to enhance their professional knowledge and skills; the total training budget for FY 2023-2024 reached VND 10.2 billion;
- Provided a safe, ideal, professional, and collaborative working environment for Employees;
1. Key Concerns:
- Development of local economy;
- Provision of job opportunities;
- Enhancement of income for local residents;
- Responsible production for the protection of consumer health, the environment, and society;
- Implementation of activities contributing to the general development of the Community and locality;
- Protection of the natural environment and the living environment of the Community.
2. TTC AgriS’s approach:
- Collaborate with local authorities to sponsor activities for the Community and society in which the Company operates;
- Develop community development programs that center on Education, Health, and Social Welfare;
- Participate in charitable programs in the Communities in which the Company operates or invests;
- Prioritize local hiring, provide scholarships, and organize internship programs in order to support the development of students and the potential younger workforce;
- Enhance income levels and strengthen the capacity of local labor;
- Promote mechanization efforts alongside livelihood machinery support programs to ensure job stability for local workers.
- Launch programs aimed at environmental protection, including tree planting, water source preservation, air quality improvement, etc;
- Continuously upgrade and apply advanced technologies in processing and manufacturing to minimize environmental impact.
3. Achievements in the past year:
- Top 20 Listed Companies in the VNSI – Vietnam Sustainability Index;
- Top 20 Listed Companies in the VNSI – Vietnam Sustainability Index;
- Honored with dual recognition at the 15th Annual Global CSR & ESG Summit & Awards 2023;
- Received the series of prestigious awards for the 2nd consecutive year at the 16th Annual Global CSR & ESG Summit and Awards 2024;
- Contributed nearly VND 26.3 billion to charitable and social activities;
- Created 2,499 job opportunities .
