ORICO was established in 2013 and is a joint venture between Vietnam Northern Food Corporation (Vinafood 1), one of the largest rice exporters in Vietnam with an average annual output of 1 million tons of rice, and Louis Dreyfus Company, a world-leading merchant and processor of agricultural commodities with annual sales of USD 70 billion and a rice trading volume of over 3 million tons per year.
The company was founded with the goal of directly producing and exporting Vietnamese rice to the global market.
Key Facts about ORICO
- Joint venture capital: USD 16 million
- Factory area: 43,000 m²
- Estimated export and domestic sales (2025): USD 577 million (equivalent to VND 14,400 billion)
- Estimated production and export volume (2025): 650,000 tons of rice
- Production capacity: 1,800 tons of rice per day
- Main export markets: Philippines, Malaysia, China, Indonesia, Iraq, Cuba, Ivory Coast, Ghana, and others
