What's Happening?
AgriS, a prominent player in the agricultural sector, has been awarded the Vietnam Team of the Year - Agriculture at the Asian Management Excellence Awards 2026. This accolade comes amidst a challenging
year marked by market volatility and operational pressures globally. The award highlights the company's leadership in governance reform and long-term stability. AgriS maintained its annual revenue above $1 billion despite declining commodity prices and weaker demand in several markets. The company achieved this through diversification across over 200 agricultural products, reducing reliance on any single commodity. AgriS also expanded its export activities to nearly 80 markets, enhancing the visibility of Vietnamese agricultural products. Internally, the company focused on governance and structural reform, transitioning to a unified holding model under the 'One AgriS – One System' approach. This model improved coordination and decision-making across the organization. Financial resilience was bolstered through an expanded supply chain finance program and securing significant funding from international financial institutions.
Why It's Important?
The recognition of AgriS at the Asian Management Excellence Awards underscores the importance of innovation and governance in the agricultural sector, especially during times of economic uncertainty. By diversifying its product range and expanding its international presence, AgriS has set a benchmark for resilience and adaptability in the industry. This approach not only stabilizes the company's financial performance but also supports the broader agricultural supply chain. The company's focus on sustainability and ESG integration further highlights the growing importance of environmental and social governance in business operations. AgriS's achievements could inspire other companies in the sector to adopt similar strategies, potentially leading to more sustainable and resilient agricultural practices globally.
What's Next?
AgriS plans to continue its focus on international expansion and governance reform. The company aims to reach a long-term funding target of VND60,000 billion by 2030, which will support its growth and stability. The ongoing development of digital capabilities, including an integrated data and governance platform, will enhance reporting accuracy and strategic decision-making. As AgriS continues to prioritize sustainability, it is likely to maintain its position in the Vietnam Sustainability Index, further solidifying its reputation as a leader in sustainable agricultural practices.
