Kien Giang Tourism - Trade Co., Ltd: Enhancing Competitiveness

Kien Giang Tourism - Trade Co., Ltd (KTC), set up in December 2006, has quickly secured a strong foothold on domestic and foreign markets, particularly in rice export.

 

KTC was established from the merger of Kien Giang Tourism Company and Kien Giang Trading Company. KTC is now the largest business in Kien Giang province and a leading company in the Mekong Delta. Operating as a multi-business holding company, KTC specialises in exporting rice and seafood, trading petroleum products, providing tourist services, retailing consumer goods, and others. The company’s operations help improve living conditions of citizens and ensure energy security in Kien Giang province.

 

KTC is one of the best rice exporters in Vietnam. Since 2004, the Ministry of Industry and Trade has handed the Certificates of Appreciation and the Prestigious Exporter Cups for five straight years from 2004 to 2008. In addition, KTC is a well-respected member of the Vietnam Food Association (VFA) and is ranked third rice exporter in Vietnam. In 2011 to date, the company has signed contracts to export over 250,000 tonnes of rice. The company gives priority to government-oriented and VFA-oriented markets like the Philippines, Indonesia, Malaysia, Russia, African countries. The company helps Kien Giang become a leading rice exporter in Vietnam.

 

KTC also exports black and white pepper of stable quality and competitive prices. The company’s products are trusted by customers. Supplied by Phu Quoc pepper zone and Southeast pepper zone, the company has an abundant source of pepper. KTC became a full member of the Vietnam Pepper Association in April 2007.

 

In addition to building and applying the ISO 9001:2008 quality management system, to enhance competitiveness, the company has utilised advanced hulling, drying and preserving technologies for its export rice mills which have an annual processing capacity of 140,000 tonnes and can store 124,000 tonnes of rice. Besides, the firm develops fuel depots, filling stations and supply networks. It also ensures product quality, accurate measurement and considerate service for customers. In 2011, KTC is estimated to earn VND5,545 billion of revenues (US$270 million), including more than US$112.25 million from export. It is project to make a profit of VND30 billion and pay more than VND78.8 billion to the State Budget.

 

Along with business, KTC also very actively takes part in social security development. Annually, it donates VND1 billion or so to social welfare funds. It also cooperates with the Vietnam Fatherland Front in Kien Giang Province to map out the long-term development of schools, roads, bridges and poverty reduction in remote areas.

 

Speaking of development orientations in the coming time, General Director Nguyen Hung Linh said: In addition to efforts to improve competitiveness and diversify products and services, KTC will continue building rice polishing, milling and storing facilities powered by most advanced technologies in major industrial parks in Kien Giang province. The company will continue investing in urban zones like a 67.5-ha residential area in Phu Quoc Island; bonded warehouses; and border markets in Ha Tien International Border Gate. The firm will also work with the State-owned Vietnam National Petroleum Corporation (Petrolimex), Petrolimex 2 Company to build a 40,000 cubic metre depot, a port capable of receiving 10,000 DWT ships in Ba Nui village, Binh An commune, Kien Luong district.