Agri group Loc Troi to pay 25% dividend rate in shares
Loc Troi Group JSC, a leading agricultural services and food corporation in Vietnam, will pay last year’s dividend of 25% in shares to add more than VND1 trillion ($42.65 million) to its charter capital.
This is part of plans approved at the group’s annual general meeting held in the Mekong province of An Giang on Friday.

Shareholders show approval during a vote at Loc Troi Group’s AGM on April 14, 2023. Photo courtesy of Loc Troi.
Loc Troi, registered on the unlisted public company market (UpCOM) as LTG, will issue more than 20 million shares for the dividend payment plan. The corporation expects to raise the dividend rate to 30% next year.
The agribusiness set its 2023 after-tax profit target a VND400 billion ($17 million), up 3% year-on-year.
LTG will also continue its sustainable development strategy that embraces green production in line with the Vietnamese government’s efforts to promote sustainable agriculture.
“Loc Troi will continue to invest in large-scale and synchronous agricultural production via collaboration with cooperatives,” said Nguyen Duy Thuan, CEO of the group.
He mentioned several measures, including biological and organic solutions to reduce the use of chemicals, and using more machines and drones across all farming stages to increase efficiency and reduce costs.
Over the past two years, more than 80,000 tons of premium rice from LTG have reached European markets, said board member Philipp Roesler.
“For the first time ever, Loc Troi has taken advantage of opportunities created by the EU-Vietnam Free Trade Agreement to export rice,” he said.
Loc Troi chairman Huynh Van Thon told the meeting: “My firm belief is that by joining hands with farmers for sustainable development through stable and continuous production models, we can create truly sustainable impacts, ensure the quality of agricultural products, reduce production costs, and ensure profits for farmers while adapting to climate changes.
“We’ll continue to ship our high-quality Vietnamese agricultural products to consumers around the world,” he said.
The firm achieved a net revenue of VND11.69 trillion ($497.28 million) last year, up 14% against 2021. The group's after-tax profit reached VND412 billion ($17.52 million), down 1.6%.
In October, seven banks - one domestic and six foreign - agreed on a three-year (2022-2025), $100 million syndicated loan for Loc Troi to invest in expanding high-quality rice production. The group said it would use the credit package to provide seeds, agricultural materials and services to cooperative alliances, cooperatives, production groups and associate farmers.
The seven credit suppliers were Military Bank of Vietnam; Kasikornbank (Thailand); First Commercial Bank, E.SUN Commercial Bank (Taiwan); Agricultural Bank of China Limited - Hanoi branch; China Construction Bank Corp. - HCMC branch; and CTBC Bank Co. Ltd (mainland China).
- Read More
Japanese retailer Aeon to build 2-hectare mall in Vietnam’s Mekong Delta
Retail giant Aeon will develop a 2-hectare mall in the Mekong Delta province of Tien Giang, with an estimated investment of VND1.16 trillion ($44.6 million).
Industries - Fri, May 30, 2025 | 4:44 pm GMT+7
76% of Vietnamese survey respondents say trade uncertainty encourages them to explore new opportunities: HSBC
Vietnamese businesses have experienced exponentially higher cost increases than the global average and are expecting additional short-term costs due to trade uncertainty. But many survey respondents (76%) think trade uncertainty has encouraged their business to evolve and explore new opportunities, write HSBC analysts.
Consulting - Fri, May 30, 2025 | 2:41 pm GMT+7
AgriS partners with IFC: Optimizing environmental and social management system, accelerating net zero 2035 goal
TTC AgriS (Thanh Thanh Cong-Bien Hoa JSC or AgriS) and International Finance Corporation (IFC) - a member of the World Bank Group - has signed an MoU to strengthen sustainable development governance in alignment with global standards.
Companies - Fri, May 30, 2025 | 2:30 pm GMT+7
Vietnam's stock market attractively priced: Finnish fund PYN Elite
Vietnam’s stock market is attractively priced, with a price-to-sales (P/S) ratio of 1.3, said Petri Deryng, portfolio manager at Finnish investment fund PYN Elite.
Finance - Fri, May 30, 2025 | 2:09 pm GMT+7
S Korea's SK Group eyes 3 LNG power projects in Vietnam: chairman
SK Group, South Korea’s second-largest chaebol, is exploring several LNG-fueled power projects in Vietnam, including three proposed to be included in the country's green growth project portfolio, said chairman Tae-Won Chey.
Energy - Fri, May 30, 2025 | 1:37 pm GMT+7
Vietnam's Hoa Phat Group to become Southeast Asia’s first producer of steel rails for high-speed railways
Hoa Phat Group, a top steelmaker in Vietnam, on Thursday signed an agreement with Germany’s SMS Group under which the latter will provide the former technology and production lines for manufacturing steel rails and shaped steel, with an annual capacity of 700,000 tons.
Companies - Fri, May 30, 2025 | 11:48 am GMT+7
Vietnamese firm lands first $1 mln order on Alibaba after 8-year struggle to export
After five months of operating a virtual storefront on Alibaba’s B2B e-commerce platform, Sukavina Co., Ltd., a Binh Duong province-based manufacturer of metal tables, chairs, and beds, secured its first international order, marking a significant milestone in the company’s eight-year journey to global markets.
Companies - Fri, May 30, 2025 | 9:00 am GMT+7
Vietnam's telco giant Viettel signs deal with France’s John Cockerill Defense
Viettel High Tech, the core military and civilian R&D arm of Vietnam’s military-run telecom giant Viettel, has signed a cooperation agreement with John Cockerill Defense, a leading weapon designer and manufacturer in France.
Companies - Thu, May 29, 2025 | 9:14 pm GMT+7
MB showcases comprehensive financial solution Biz MBBank at Digital Transformation Day event
Vietnam's leading bank MB on Thursday introduced its latest digital technology solutions, notably the Biz MBBank digital financial platform, at the "Smart Digital Ecosystem in the New Era" event organized by the central bank.
Companies - Thu, May 29, 2025 | 8:02 pm GMT+7
Vietnam's auto distributor TMT to launch $3.8 mln charging station firm
Vietnamese auto distributor TMT Motors has announced the establishment of a charging station company with a charter capital of VND100 billion ($3.84 million).
Companies - Thu, May 29, 2025 | 4:45 pm GMT+7
US's Excelerate Energy affirms intention to turn Vietnam into LNG hub for ASEAN
Excelerate Energy wants to make Vietnam a center for LNG distribution to the ASEAN region, president and CEO Steven Kobos told Prime Minister Pham Minh Chinh at a meeting in Hanoi on Thursday.
Energy - Thu, May 29, 2025 | 4:33 pm GMT+7
Bourse shifts to heat up Vietnam's banking stocks
Several Vietnamese banks are planning to move their shares from the Unlisted Public Companies Market (UPCoM) to the Ho Chi Minh Stock Exchange (HoSE) this year, creating new momentum for banking stocks, long dubbed the “king” group.
Finance - Thu, May 29, 2025 | 2:48 pm GMT+7
Dairy giant TH Group proposes 5 projects in southern Vietnam
TH Group, one of Vietnam’s leading dairy producers, has proposed five major projects in the southern province of Binh Phuoc, in the fields of industrial production and urban area, golf course and high-tech agricultural production zone developments.
Industries - Thu, May 29, 2025 | 12:02 pm GMT+7
2024 cyberattack 'a blessing in disguise' for Vietnam's leading broker VNDirect: chairwoman
The cybersecurity breach that major Vietnamese brokerage VNDirect Securities encountered in 2024 was "an unfortunate incident, but also a lucky chance", chairwoman Pham Minh Huong said on Wednesday.
Finance - Thu, May 29, 2025 | 9:48 am GMT+7
Vietnam prioritizes smart, green seaport projects: Deputy PM
Vietnam encourages smart and green seaport investments, as technical barriers related to CO2 emissions and CO2 taxes begin to be tightened up globally.
Infrastructure - Wed, May 28, 2025 | 10:07 pm GMT+7
New Zealand, Vietnam expand timber trade partnership
New Zealand Forestry and Trade Minister Todd McClay on Tuesday unveiled a new bilateral agreement with Vietnam designed to boost timber exports and remove potential trade barriers in the two countries' forestry sectors.
Companies - Wed, May 28, 2025 | 8:53 pm GMT+7