Tuan Loc Commodities Company Limited
Awards and Recognition:
2023
Company details
CEO/Director’s Name
Nguyen Duc Tuan Vinh
Designation
CEO
Address
29 D6, Villas Saigon Pearl,
92 Nguyen Huu Canh,
Ward 22, Binh Thanh District,
Ho Chi Minh City, Vietnam.
29 D6, Villas Saigon Pearl, 92 Nguyen Huu Canh, Ward 22, Binh Thanh District, Ho Chi Minh City, Vietnam.
Website
INTRODUCTION
Tuan Loc Commodities distinguishes itself as a coffee exporter based on a robust network of coffee-related assets, including strategically located warehouses near seaports and mills further inland. Our distinctive strength lies in shipping the majority of our coffee from our own facilities, providing heightened control over product quality throughout the export process.Founded in 2021 as part of the Tuan Loc Group's acquisition of the soft commodities business from Timexco, in which it holds a majority stake, Tuan Loc Commodities has experienced remarkable growth. Starting with zero exports in 2021, the company has exported some 100,000 tons of green coffee beans in 2023, exceeding a market value of 300 million US dollars. As of October 2023, we proudly stand as the largest local coffee exporter in both volume and value. Anticipating continued growth into 2024, we are committed to maintaining our leading position in the market.
Tuan Loc has not only grown rapidly but has done so strategically, with profitability 2 to 4 times the industry standard. This calculated growth reflects our commitment to sustainable and lucrative development in the soft commodities sector.
Operating two state-of-the-art dry mills in Lam Dong and Dong Nai, equipped with brand-new processing lines, we produce the finest green coffee qualities meeting the strictest requirements. Our Quality Laboratory in Ho Chi Minh City, staffed with Q-Graders and SCAA-certified quality analysts, ensures sensory analysis and cupping on 100% of outgoing samples, guaranteeing that our products meet or exceed client standards.
Our goal is to be the most competitive and efficient player in the tree-to-boat coffee supply chain in Vietnam, bridging gaps between coffee farmers and the global industry. This involves attracting, growing, and retaining local talent, employing analytics in a data-driven environment, and deploying cutting-edge technologies.
With a solid financial base and quality coffee assets, we control the weight and quality of our coffee, supplying customers year-round between crop periods. Today, Tuan Loc Commodities is a reliable partner for the global coffee industry.
Our goal is to be the most competitive and efficient player in the tree-to-boat coffee supply chain in Vietnam, bridging gaps between coffee farmers and the global industry. This involves attracting, growing, and retaining local talent, employing analytics in a data-driven environment, and deploying cutting-edge technologies.
With a solid financial base and quality coffee assets, we control the weight and quality of our coffee, supplying customers year-round between crop periods. Today, Tuan Loc Commodities is a reliable partner for the global coffee industry.
SUSTAINABLE DEVELOPMENT
"Sustainability" is ingrained in our corporate DNA, guiding every strategic decision. Our mission is to create and offer the best value propositions to suppliers and customers while generating positive economic value added for shareholders. We believe in building a future where business growth aligns with the well-being of the planet and its people.Our extensive network ensures that all coffee products undergo strict quality evaluation, contributing to environmental preservation and the livelihoods of individuals in our supply chain.
INNOVATION AND SUSTAINABILITY
Beyond production, Tuan Loc Commodities invests in research and development, collaborating with prestigious institutions like the National University of Maritime and Oceanography of South Korea and the University of Law of Economics (Vietnam National University). Recent highlights include signing an MOU with both of these institutions on Research Cooperation, focusing on Data Science, Artificial Intelligence, Fire/Power Strip, and their applications in economics, finance, logistics, and addressing social issues.As Tuan Loc Commodities marches towards the future, our commitment to growth and innovative, sustainable practices defines us. The vision of a "living landscape," where prosperous farmers and thriving communities coexist with healthy ecosystems, reflects our forward-thinking and responsible approach to business.
