On August 18th 2021, the Ministry of Industry and Trade issued Decision No. 1974/QĐ-BCT approving the list of prestigious export enterprises in 2020. Based on the proposal of 60 agencies and organizations (including Ministries, industry associations, Departments of Industry and Trade of province and cities), The Ministry of Industry and Trade has selected 315 enterprises, of which, Dong Nai province has 9 enterprises with 10 products.
Overcoming selection criteria, Tin Nghia Corporation continued to be recognized as 1 of 315 prestigious export enterprises in 2020 (4th ranked out of 13 enterprises in coffee industry). This is the 18th consecutive year, Tin Nghia Corporation achieved this title.
With the effort and result in business, Tin Nghia Corporation has largely contributed to the contruction process of socio-economic development in Dong Nai province as well as the industrialization – modernization of the country. For many successive years, Tin Nghia Corporation was ranked in the Top 200/500 biggest enterprises in Vietnam by VNR.
In the field of exporting, Tin Nghia Corporation has joined the coffee market for nearly 28 years, raw coffee is one of the main product. In recent years, Tin Nghia Corporation exported over 100,000 tons of coffee, with a turnover of around 200 million USD, being in the Top 5 coffee exporting enterprises in Vietnam. In 2021, despite the affection of Covid 19, from the beginning of the 2020/2021 crop year to now, Tin Nghia has exported 70,000 tons of raw coffee, with the estimated export turnover of 115.5 million USD. To the end of 2021, Tin Nghia will continue to export coffee, striving to achieve the output of 70,000 tons as planned from the beginning of the year.
In addition, to increase the value of Vietnam coffee products, in 2018, Tin Nghia has invested in building and was in operation an instant coffee plant with the most modern and advanced technology today, capacity of 3,200 tons of products in phase 1. The main market of Tin Nghia known as North America, Eurpoe and some countries in Asia Pacific.