Vietnam

Since opening our first office over 20 years ago, we have grown exponentially in Vietnam. Today we employ more than 6,500 people in the central and southern regions.

Vietnam’s growing global profile and contribution to the agri-business sector has been remarkable and ofi has contributed and participated in this growth. We are among the country’s leading producers, processors and exporters of almond, ginger and nutmeg . Our other products such as coffee, nuts and spices are in line with Vietnam's own production.

Coffee

At around 30 million bags, Vietnam is the largest contributor to Global Trade of Robusta coffee. ofi is the largest exporter of soluble coffee from Vietnam. Our soluble coffee plant is the largest single processing plant for bulk supplier companies with coffee that is UTZ certified.

Nuts

Our processing operations in Vietnam produce a variety of products including cashews, almonds, walnuts, pistachios, and macadamias for snacking, ingredients and culinary usage. Vietnam leads global exports of cashew kernels and also operate the largest raw cashew processing facility, a trend expected to continue.

Spices

Vietnam has become the world’s largest producer – contributing 40% of global pepper output – and close to 55% of global pepper trade.

As a leading exporter in Vietnam, and with our own pepper farms, ofi is the only player in the market to have a fully integrated supply chain from growing pepper at our farm to producing sterilised ground pepper ingredients.

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Press Release Nov 20, 2024

From agronomy to AI: ofi accelerates sustainability impact across global nuts supply chains

Powering beehives with AI in California, and empowering cashew farmers across Africa and Asia are just two highlights published by global ingredients leader ofi, in its latest sustainability report for its nuts business.

The annual ‘Nut Trails’ impact report¹ details progress delivered by ofi’s origin teams of agronomists and social workers, together with partners across its global almond, cashew and hazelnut operations in 2023. Notable initiatives include the KIND Almond Acres Initiative, testing regenerative agriculture practices across 500 acres in California, and expanding the deployment of AI-powered BeeHome™ technology2 to protect pollinators.

Press Release Nov 20, 2024

AtSource receives equivalence under the SAI Platform’s Farm Sustainability Assessment – FSA 3.0.

Two tiers of ofi’s sustainability management system AtSource – AtSourceV and AtSource+ – have been recognized as equivalent schemes against the Sustainability Farm Assessment FSA 3.0 from the SAI platform, obtaining the gold and silver equivalence levels respectively for its spices, cocoa, coffee, and nuts products. This achievement reiterates ofi’s commitment to sustainability and to customers in their journey towards meeting their commitments.

We are pleased to announce that AtSource+ and AtSourceV have been benchmarked as equivalent schemes against the Sustainable Agriculture Initiative (SAI) Platform’s Farm Sustainability Assessment scheme – FSA Version 3.0, obtaining the highest-level equivalence for the AtSource+ tier¹.

The SAI Platform's Farm Sustainability Assessment FSA 3.0 provides a widely recognized framework to assess, improve, and validate on-farm sustainability in agricultural supply chains.

Following the benchmarking results, the AtSource system has achieved:

FSA Gold level equivalent for the AtSource+ tier, being the highest-level recognition and confirming best-in-class sustainable practices for farms in AtSource+ supply chains, and their commitment to high environmental and social responsibility standards.
FSA Silver level equivalent for the AtSourceV tier, confirming farms are meeting a well-defined standard of responsible agricultural practices. This includes good environmental stewardship, respect for labor rights, and safe working conditions.

Articles Nov 14, 2024

Rishi Kalra, Executive Director and Group CFO at ofi quoted in Financial Times curtain raiser article ahead of COP 16

For Olam Food Ingredients, one of the world’s biggest suppliers of food and drink ingredients, the alarm rang with the bees.

As one of the world’s largest almond growers, OFI says it spends between $8mn and $11mn a year on honeybees needed to pollinate almond trees. Despite this, productivity on the farms started to decline “because the bees were stressed by their industrialised environment”, says Rishi Kalra, executive director and group chief financial officer. “So, we worked with partners to create natural habitats for bees on our farms and reduce their exposure to agrichemicals. What we saw was that productivity steadily increased.”

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