In response to the State’s equitisation programme of the sugar enterprises at the end of 1980, from a commercial unit, the company switched to production form with the prerequisite of owning the raw material area.

With leaders of the TTC AgriS, based on the large sample field, the increase of the mechanisation rate is a fundamental issue, affecting 80% of success for each sugar factory, and the efficiency will be outstanding so that "every component of a sugarcane can all be used” by implementing a closed production cycle.

The problem of large fields has long been a challenge for Vietnam’s agriculture, due to fragmented and small production practices. Without a large enough raw material area, it will be difficult for businesses to expand large-scale production to meet the market’s demand.

Thanh Thanh Cong-Bien Hoa Joint Stock Company currently owns raw material areas in four countries, Vietnam, Laos, Cambodia and Australia, with a total area of more than 71,000 hectares.

With continuous efforts, Thanh Thanh Cong-Bien Hoa Joint Stock Company currently owns raw material areas in four countries, Vietnam, Laos, Cambodia and Australia, with a total area of more than 71,000 hectares. This enterprise aims to increase the total area of global raw material areas to nearly 90,000 hectares by 2025.

The investment and development of large raw material areas are of strategic significance in ensuring harvested sugarcane output is supplied to the factory, optimising production line capacity, and improving competitiveness.

In addition to owned raw material areas, TTC AgriS has implemented a policy to support investment in land rental costs, help farmers accumulate large areas, increase farming scale, and form large fields. TTC AgriS has implemented a policy of investing in modern machinery and equipment to achieve farming efficiency and high harvest productivity in the form of deferred payment. The deferred payment period can last up to six harvest seasons.

Not only supporting farmers at the input stage, TTC AgriS also underwrites all raw sugarcane output, placing trust among sugarcane growers.

More and more farmers have become partners of TTC AgriS, which helps them own farming areas of tens to thousands of hectares and manage valuable agricultural machinery and equipment. A larger farming scale requires farmers to acquire experience to effectively manage and improve capacity and skills to become new-generation farm businesses.

As its sugarcane raw material areas are vast, spanning many different areas, TTC AgriS prioritises high-technology applications in management, focusing on field planning. All growing areas are planned, calculated, measured, and GPS positioned. The company also invests, maintains, and operates modern sugarcane irrigation systems, helping to save water in raw material areas and promoting the production and supply of biofertilizer products for sugarcane growers.

Unmanned aerial vehicles (UAVs) have been widely applied in agricultural farming and management processes in raw material areas. Flying devices (flycams) are also used to collect information about altitude and contour lines of the drainage directions of the growing areas, evaluate the current growth status of the areas, as well as the floods, pests, and diseases, and thus take prompt actions to address any arising problem. In addition, using large unmanned aerial vehicles (drones) on raw material areas to sow seeds and spray foliar fertiliser has become an indispensable step in TTC AgriS's agricultural production process. 

According to updated data as of June 30, 2023, more than TTC AgriS’s 18,000 hectares of sugarcane growing areas were sprayed with foliar fertiliser by drones, helping to increase the quality of fertiliser absorption, reduce costs, and reduce dependence on labour and weather conditions.

Participating in the National Brand Programme since 2008, the company has been honoured with the title eight times. The company's national brand products include Bien Hoa sugar, MIMOSA sugar, and TSU sugar.

TTC Sugar’s recognition as a national brand has affirmed the reputation and quality of one of the leading sugar enterprises in Vietnam. This is also the Government's acknowledgement and appreciation of TTC Sugar's contributions in creating good products to serve consumers and developing modern, sustainable agriculture.

TTC AgriS brand has also been ranked in the top 50 of the 100 most valuable brands in Vietnam as voted by Brand Finance - Mibrand Vietnam for four consecutive years. During this year's announcement ceremony, TC AgriS officially received the Brand Value (BV) certification for 2023, with a valuation of 117.12 million USD, a Brand Strength Index (BSI) of 64.73, and an AA- rating.

More than half a century ago, in 1969, the Bien Hoa Sugar brand was officially launched. The brand has become familiar to millions of Vietnamese consumers over the past 50 years.

Currently, the company still maintains its leading position in the sugar industry with 46% market share in the domestic market. The company continuously grasps market consumption trends to flexibly change in addition to constantly researching and developing new products to maintain its brand in the domestic market and to compete with other foreign businesses.

TTC AgriS owns more than 88 sugar product lines (including six organic sugar products meeting EU and USDA standards), 19 sugar edge - after sugar products, and eight drinking water products extracted from sugar cane. These products not only serve domestic consumption but have been exported to more than 29 countries and territories, including demanding markets such as the US, the EU, the Republic of Korea, Singapore, and others.

In addition, the company’s product portfolio is also expanding with 47 products made from coconut (Cocoxim, Momcooks,...) and 21 other products (solar power, Smiley South American banana, Dole banana,…).

At the end of the 2022-2023 accounting year, TTC AgriS posted positive results when net revenue exceeded 1 billion USD for the first time, reaching 24.74 trillion VND (over 1 billion USD), an increase of 35% over the same period last year and equivalent to 145% of the yearly plan.

Annual sugar consumption reached more than 1 million tonnes for the fourth consecutive year, with a sharp increase of 72% in export sales and 17% rise in B2B transactions over the same period last year. TTC AgriS’s gross profit on sales and service provision recorded 2.72 trillion VND, up 18% over the same period last year.

In addition to good business results, the scale of TTC AgriS has also been expanded with total assets reaching nearly 30 trillion VND (about 1.2 billion USD) as of June 30, 2023, up 8% compared to the beginning of the accounting year.

Currently, TTC AgriS owns many important international certifications such as: ISO 9001:2015, ISO 14001:2015, ISO/IEC 17025, FSSC 22000 version 5.1, food safety certification in the Middle East issued by HCA, Kosher certification, certifications of Sedex, URSA, SGP System, certification by the US Food and Drug Administration (FDA), organic certification according to standards of the US Department of Agriculture (USDA), the EU and China, and Fair Choice and Fair Trade certifications. They are important certifications and milestones that help the company shape its position in the market and be able to bring its products to high-end markets with the most stringent quality standards, including the US and the EU.

In the past year, TTC AgriS was also the first company in Vietnam certified by Bonsucro to meet this organisation’s standards on the production process of sugarcane raw materials, sugar and molasses products. This certification is of importance for TTC AgriS to expand its scale and promote its brand to reach larger markets. It is also a guarantee of product quality and value, helping to enhance the company’s position and reputation.

According to Dang Huynh Uc My - Vice Chairman of the Board of Directors of TTC AgriS, between 2022-2023, TTC AgriS has put all its efforts into developing an integrated smart agricultural economic model to orient market and products, promoting circular agricultural economic thinking, going beyond the pure value of crops and exploiting added value.

TTC AgriS has a pioneering mission to strengthen national sustainable high-tech agriculture through increasing the circular green economic value chain. In particular, the business philosophy of Solution - Technology - Sustainability is its core foundation and is developed according to strategic goals in each country. Accordingly, market strategies in major economies in the region are built with the key goal of controlling the circulation of goods and ensuring domestic supply, raising the brand of Vietnamese agricultural products on the international trading floor, at the same time, expanding the ecosystem of sharing products and services in diversifying natural energy sources and essential nutrients for the body. Presence in Singapore and Australia - two strategic countries in TTC AgriS's global development roadmap, including Food Technology (Foodtech) and Digital Agriculture (Agtech), bringing together leading industry experts to promote research and application of technologies, enhances TTC AgriS's position in the global food and commodity market.

Taking advantage of the strengths of the inherent crop value chain, TTC AgriS focuses on the mission of activating natural nutrition sources through Nutrition Platforms - Traceability Platforms - Sharing Exchange Platforms to enhance sustainable agriculture.

In particular, the integrated business centre, with a customer-centric philosophy, with applied research and technology hubs in Vietnam - Singapore - Australia, will maximise nutritional value and preserve nutrition from plant sources. Thereby, TTC AgriS contributes to the prosperous development of the community and increases the multilateral chain of links.

At the same time, TTC AgriS realises its commitment to sustainable development to balance the ecosystem and environment through increasing research investments, promoting circular economic thinking at each stage, sharing knowledge and responsibility to stakeholders, including reusing raw materials, wastewater and energy storage, reducing consumption in the production process, as well as promoting organic farming and organic products. Furthermore, the technology exchange and farming traceability platform will help TTC AgriS create a playground for experts to share and exchange knowledge, participate more deeply in the food processing field, become a pioneer in ensuring nutritional reputation, aiming for Net Zero by 2035, contributing to economic and social development and sharing achievements with stakeholders.