Gentraco - a leading rice exporter of Vietnam

Gentraco Corporation, based in the Mekong Delta city of Can Tho, has retained its position as one of the top five rice exporters of Vietnam for the last decade.
Gentraco Corporation, based in the Mekong Delta city of Can Tho, has retained its position as one of the top five rice exporters of Vietnam for the last decade.

In the first nine months of 2013, Gentraco exported 300,000 tonnes of rice (60 percent of which was of high quality) to Asia, Africa, America, Europe and Oceania, 133,000 tonnes more than last year.

The firm expects to fulfil its target of 400,000 tonnes by the end of this year and nearly 3.7 trillion VND (174.8 million USD) in revenue, 749 billion VND (35.7 million USD) higher than its takings in 2012.

Gentraco’s high-quality rice products like Co Trang, Miss Can Tho, Ngoc Dong and Ngoc Do are sold in 80 supermarkets in Vietnam and a number of chains in EU countries, the US and Australia. Sales average 750 tonnes per year.

For this, the exporter has invested in advanced production lines and warehouse facilities, as well as zoned 7,000 hectares in districts of Can Tho, Soc Trang and Kien Giang provinces for the cultivation of recognised varieties. It has also given financial support to farmers and bought paddy rice at reasonable prices.

Employee wellbeing is also in the company’s attention, with an average per capita monthly salary of 7.3 million VND (347.6 USD) together with other allowances.

In 2012, Gentraco was named as one of the exemplary businesses in the Mekong Delta by the Vietnam Chamber of Commerce and Industry and a prestigious exporting enterprise by the Ministry of Industry and Trade.-VNA

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