Grand opening of Tin nghia Coffee Factory

Grand opening of Tin nghia Coffee Factory

11/12/2018

Coffee is an agricultural product that has special position as it associates to the life of million famers as well as business activities of hundreds enterprises. Coffee contributes 2% to Vietnam GDP, 30% to Central Highlands GDP and creates 2 millions direct and indirect jobs. Due to its importance, in 2016, Vietnam Cocoa Coffee Association formulated “Enhancing the competitiveness of Vietnam Coffee in the direction of enhancing value and sustainable development” project. The aim of the project is “ Stablelizing coffee growing 600.000 ha area, in which 80% area were sustainable coffee production; average productivity was 2.7 ton/ha; and the exporting rate of instant coffee and ground roasted coffee will be 25% of total export turnover, annual export revenue will be USD 3.8 – 4.2 billions in 2020. The vision to 2030 will be the product diversitification in the direction of deep processing, annual export revenue will be USD 5 - 6 billions.”

Despite being global Robusta biggest exporter, the annual turnover value is USD 3.2 – 3.7 billion, but 90% of Vietnam coffee Export is raw coffee that are unprocessed, no brand and low value. Meanwhile, according to some international organizations, the comsumption of instant coffee globally has grown significantly in the past few years as well as in the future. Recent collected data shows that instant coffee accounts for 14% of global coffee comsumption and will be increased in the near future. Due to the abundant of Robusta coffee - main raw material of instant coffee, Vietnam has the opportunity to become world’s leading instant coffee exporter. According to USDA, Vietnam is in Top 05 biggest instant coffee exporters all over the world, just behind Brazil, Indonesia, Malaysia and India. Besides these favorable factors from international market, instant coffee is also favored in the domestic market as the modern life makes people do not have time to enjoy traditional filter coffee.

Promoting coffee deep procession, especially soluble coffee to enhance the value of exporting coffee beans, to strengthen Vietnam coffee’s brand in the world market, to creates jobs for domestic laborers are the important tasks of Vietnam coffee producers and traders.

After a period of market research, coffee processing technologies and solving other relative issues, Tin Nghia Corporation started the coffee factory in the first quarter of 2017. After 20 months of construction, machine installation and test running, the factory has offically put into operation.

On December 8th 2018, Tin Nghia Coffee Joint-stock Company offically hold the Opening ceremony in Nhon Trach 3 IP, Hiep Phuoc Commune, Nhon Trach District, Dong Nai Province.

The factory has been invested by Tin Nghia Coffee Joint-stock Company with the chartered capital of VND 200 billion – contributed by 03 shareholders Tin Nghia Corporation, Thanh Thanh Cong Investment Joint-stock Company and Phu Nhuan Service Joint-stock Company.

With the investment capital of USD 30 billion for the first phase, the factory has been constructed on the area of 5.4 ha, in Nhon Trach 3 IP,on the route of 25C linking HCM City to Long Thanh International Airport. The industry park is one of the main IPs in Dong Nai Province, locating in center of the southern key economic zone and playing the role as an important link for economic, social and transportation development of the region and Nhon Trach New City.

The coffee factory has the first-phase capacity of 3,200 tons/ year (till the end of 2019, the factory’s capacity is 5,000 tons/ year, and till the end of 2021, the capacity is 10,000 tons/year with total investment capital of USD 100 million) with modern and closed production line that meet the requirements of food safety system in accordance to FSSC 22000. The main products are ground coffee, soluble coffee, especially freezed dried instant coffee. These products will be exported to North America, Europe and some countries in Asia Pacific market.

In the context of increasing demands and pressure from consumers, all participants in the food supply chain must demonstrate compliance to the food safety standards. The establishment of FSSC 22000 food safety standard is the proof for pioneering commitment to food safety and hygiene. It is also the commitment to sustainable development when Tin Nghia Corporation is involved in a closed production process, from raw material to processing and producing high value-added coffee products to meet the demands of consumers and the 3 sustainable aspects: Economy, Society and Environment.

Tin Nghia coffee factory has operated under the guideline of "Tin and Nghia": "Tin" expresses for professional working style through respecting and implementing values, commitment, consistency, and credits in all transactions and cooperation; "Nghĩa" states for dedication towards human values ​​and the benefit of the mutual parties.

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CONTACT US

Tin Nghia Corporation

Address: 96 Ha Huy Giap Street, Quyet Thang Ward, Bien Hoa City, Dong Nai Province
Tel: (84-251) 382 2486
Fax: (84-251) 382 3747
Email: info@tinnghiacorp.com.vn

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