Agricultural technology is the use of technology in agriculture, horticulture, and aquaculture with the aim of improving yield, efficiency, and profitability. Agricultural technology can be products, services or applications derived from agriculture that improve various input/output processes. Technologies and applications in agricultural technology include:
- Drones
- Satellite photography and sensors
- IoT-based sensor networks
- Phase tracking
- Weather forecasts
- Automated irrigation
- Light and heat control
- Intelligent software analysis for pest and disease prediction, soil management and other involved analytical tasks
- Biotech
The following are the top agritech startups in Vietnam according to our research.
The Pan Group
The PAN Group Joint Stock Company is engaged in the provision of agricultural services. Its segments include Agriculture, Food, Cleaning services and others. Its product profile in Food sector includes BON AMI Cookies, FUNNUTZ cashew nut, Probiotics gummy HURO and other products such as Paste chocolate with mint, butter and cashew core, Lobaka bread with rice, butter, and milk flavors. The company’s agricultural products include Rice seeds, Corn seeds, vegetable and fruit seeds, It generates a majority of its revenue from Agriculture and Food.
Current Investors: Government of Singapore Investment Corporation (GIC), International Finance Corporation, NDHInvest, Saigon Securities, Sojitz, The Asian Entrepreneur Legacy Partners
Year Founded: 1998
Company Location: Hanoi, Vietnam
Industry Verticals: AgTech
Hoang Anh Gia Lai
HAGL JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.
Current Investors: Credit Suisse Hong Kong, Global Emerging Markets
Year Founded: 1993
Company Location: TP. Pleiku, Vietnam
Industry Verticals: AgTech, Industrials, TMT
Nutrition Technologies
Producer of black soldier fly larvae intended to produce sustainable high-grade proteins and oils for use as animal feed ingredients. The company’s larvae includes insect meal that is produced in a sustainable, cost-saving and high-quality alternative to fishmeal, enabling young animals to improve their health due to the rich composition of medium-chain fatty acids in its protein.
Current Investors: Enterprise Singapore, Openspace Ventures
Year Founded: 2015
Company Location: Senai, Malaysia
Industry Verticals: AgTech
Hoabinh
Hoa Binh Construction & Real Estate Corporation is engaged in the industrial and civil construction activities in Vietnam. It invests in, constructs, and develops industrial zones and traffic projects. The company also provides construction consulting.
Year Founded: 1987
Company Location: Ho Chi Minh City, Vietnam
Industry Verticals: AgTech, Impact Investing, Industrials, TMT
Entobel
Owner and operator of biotechnology company intended to develop low-value biomass into high grade products. The company’s services assess the use of insect bioconversion technology at medium to large scale offering technical feasibility studies and business plan elaboration and also produces various products from defatted and dried Black Soldier Fly larvae that are used in animal feed formulations, enabling clients to provide proper livestock raising.
Current Investors: Aquaculture Innovation Challenge
Company Location: Ho Chi Minh City, Vietnam
Industry Verticals: AgTech, Life Sciences
Loc Troi
Operator of an intellectual agricultural conglomerate in Vietnam. The company’s focus lies in the research, production, trading of seeds, focusing on rice and hybrid corn seeds, along side manufacturing and marketing of crop protection chemicals (CPC) and other biological and organic products. through a nationwide distribution network of branches, dealers and retailers and agricultural engineers.
Current Investors: PENM Partners
Year Founded: 1993
Company Location: Long Xuyen, Vietnam
Industry Verticals: AgTech, Industrials, LOHAS & Wellness, Manufacturing, TMT
Agrhub
Operator of an agricultural supply chain management platform from farm to table intended to improve the farmer’s life and bring polished and safety food to consumer. The company combines the traditional agricultural practices, new technologies and has a strong desire for bringing a good life for farmers, enabling them to re-shape the agriculture by building a sustainable agriculture ecosystem in Vietnam.
Current Investors: Expara
Year Founded: 2016
Company Location: Ho Chi Minh City, Vietnam
Industry Verticals: AgTech
Agro Nutrition International
Producer of animal feed products. The company’s animal feed include poultry, chicken, duck feed, nutritional supplements, premixes, farm mixes, aquatic feed, and swine genetics and nutrition sausages, enabling animal owners to get wide range of nutritional animal feed at a fair price.
Year Founded: 2003
Company Location: Trang Bom, Vietnam
Industry Verticals: AgTech, Life Sciences, TMT
Bunge Vietnam
Operator of an oil pressing plant. The company engages in the production of crude soybean oil for the vegetable oil industry and the animal feed industry in Vietnam.
Current Investors: Bunge, Quang Dung, Wilmar International
Year Founded: 2011
Company Location: Vietnam
Industry Verticals: AgTech, TMT
CTC Bio
CTC Bio Inc is engaged in the manufacturing and distribution of pharmaceutical products, veterinary medicines, feed additives, feed ingredients, and functional foods.
Year Founded: 1995
Company Location: Gangwon-do, South Korea
Industry Verticals: AgTech, Manufacturing, TMT
Dabaco
Dabaco Group specializes in the animal feed, cattle and poultry breeding, and food processing. It is engaged in the production and trading of various kinds of animal feed for cattle, poultry and aquatic birds, aquatic products and other breeds of pigs, chickens, geese, etc. The company is also engaged in the slaughtering and processing for meat, poultry, waterfowl.
Current Investors: Corisol Holding, SSI Asset Management (SSIAM)
Year Founded: 1996
Company Location: Bac Ninh, Vietnam
Industry Verticals: AgTech, Industrials, Manufacturing, TMT
General Materials Biochemistry Fertilizer
Manufacturer of agricultural fertilizer. The company manufactures and sale nitrogen-phosphorus-potassium fertilizers under various brand names in Vietnam.
Year Founded: 2007
Company Location: Ho Chi Minh, Vietnam
Industry Verticals: AgTech, Manufacturing, TMT
HAI Agrochem
HAI Agrochem JSC is a manufacturer of agrochemical products like herbicide, insecticide, fungicide, fertilizer, and plant seed. The products offered by the company include TAKARE 2EC, OPULENT 150SC, and NURELLE D 25/2.5EC.
Year Founded: 2007
Company Location: Ho Chi Minh, Vietnam
Industry Verticals: AgTech, Manufacturing, TMT
Japan Vietnam Fertilizer
Manufacturer of fertilizers. The company manufactures and distributes compound fertilizers- NPK and NPK+TE for agricultural applications.
Current Investors: Central Glass Co., Sojitz
Year Founded: 1995
Company Location: Ho Chi Minh City, Vietnam
Industry Verticals: AgTech, Industrials, Manufacturing, TMT
Mimosa Technology
Provider of data, decision support and remote control capabilities intended to improve the lives and livelihood of farmers. The company offers a sensor and cloud technology-based platform that helps farmers to monitor environmental factors, drought alerts, soil humidity and plant database for agricultural requirements, thereby enabling farmers to develop sustainable agriculture and a better life.
Current Investors: Captii Ventures, CLAS – Vietnam Accelerator, Jonah Levey, Samsung C&T (Acquired in 2015), Topica Founder Institute
Year Founded: 2014
Company Location: Ho Chi Minh City, Vietnam
Industry Verticals: AgTech, SaaS, TMT
Neovia Vietnam
Producer and distributor of animal feed intended to meet the challenges posed by population growth and ever rising standards of living. The company’s animal feed, produced through an efficient and innovative research and development organization system, enabling livestock professionals with high-performance, scientifically tested and economical products.
Year Founded: 1995
Company Location: Ha Noi, Vietnam
Industry Verticals: AgTech, Industrials, Manufacturing, TMT
PetroVietnam Packaging
PetroVietnam Packaging JSC is a Vietnam based packaging company. It is engaged in manufacturing and supplying of packaging bags and saks for several products. The company provides bags to fertilizer companies and food exporters in Vietnam.
Year Founded: 2010
Company Location: Bac Lieu, Vietnam
Industry Verticals: AgTech, Manufacturing, TMT
Proconco
Producer of animal and livestock feeds. The company’s livestock and aqua feed offers a wide range of high quality feed products and sells these products to large and small farmers through its national distribution and customer support infrastructure assisting them to improve the productivity of the livestock sector.
Year Founded: 1991
Company Location: Bien Hoa, Vietnam
Industry Verticals: AgTech, TMT
Vinh Phat Wilmar Rice
Operator of an agribusiness company. the company’s services include rice milling, processing, and packing, enabling customers to get rice at a wholesale price.
Company Location: Long Xuyen, Vietnam
Industry Verticals: AgTech, TMT
