Nafoods successfully raises VND 160 billion in 'green capital' from responsAbility
On September 23, in Zurich (Switzerland), Nafoods Group JSC signed a strategic partnership with responsAbility Investments AG (a Swiss investment management company) and successfully raised VND 160 billion in green capital.
"Green capital" is understood as funding mobilized to finance projects or activities beneficial to the environment, such as renewable energy, green transportation, and particularly sustainable agricultural development.
Accordingly, representatives of Nafoods (NAF) and responsAbility Investments AG (RIAG) officially signed a cooperation agreement worth USD 6 million (equivalent to VND 160 billion) in Zurich, Switzerland.
The capital from responsAbility will be used to supplement working capital as well as invest in upgrading processing capacity, minimizing post-harvest losses, and supporting Nafoods' climate change-adaptive business model.
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We believe this cooperation will contribute to creating a sustainable agricultural value chain in Vietnam, as Nafoods is one of the leading enterprises in Southeast Asia in the fruit processing sector. This enterprise not only promotes food security but also reduces greenhouse gas emissions and supports smallholder farmers.
Mr. Simon Hummel - Head of Sustainable Food at responsAbility
Nafoods affirmed that the participation of ESG-oriented investors is a positive signal regarding its governance capacity and long-term growth prospects, as well as demonstrating that the Group is a reputable destination for international green capital flows.
Mr. Nguyen Manh Hung - Vice Chairman of the Board of Directors and CEO of Nafoods Group said that green capital sources from responsAbility have special significance in realizing Nafoods' 2025-2030 Strategy, contributing to making Nafoods a pioneer corporation in developing a digitalized, green, and sustainable agricultural chain.
"We aim to become Vietnam's leading fruit exporter with a sustainable orientation, maintain the No. 1 position in passion fruit seedlings, and successfully develop Nafoods consumer product brands", said Mr. Hung.
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Thus, to date, Nafoods has successfully mobilized over VND 680 billion, including over VND 520 billion from the Dutch Entrepreneurial Development Bank (FMO) previously. This capital flow contributes to consolidating financial potential, creating momentum for Nafoods to accelerate its transformation strategy, aiming for USD 200 million in revenue by 2030.
In Q2/2025, Nafoods Group also recorded impressive production and business results, reaching net revenue of over VND 680 billion (up 54% year-on-year) and profit after tax of VND 58.7 billion (up 14.7% year-on-year), which is the highest level ever recorded. Accumulated in the first 6 months, the group's revenue reached nearly VND 1,030 billion (up 37% year-on-year), and profit after tax reached VND 71.6 billion (up 11.9% year-on-year); meanwhile, selling and administrative expenses were significantly optimized.
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Additionally, Nafoods has commenced Phase 2 of the Nasoco Factory Project (Tay Ninh), aimed at enhancing deep processing capacity for agricultural products (concentrate juice, puree/NFC, IQF, etc.) as well as developing consumer products serving both international and domestic markets with international standards.
This is also part of the effort to complete and expand the green agricultural value chain that institutions like FMO and RIAG are closely cooperating on with Nafoods.
On the stock market, NAF shares recorded positive developments with high liquidity; the market price is currently at its highest level in the last 3 years, reflecting investor confidence in Nafoods' sustainable growth prospects.
