On the morning of May 30, 2025, Asia Ingredients Group (AIG) held its 2025 Annual General Meeting, announcing strong performance results for fiscal year 2024 and outlining strategic directions for its next phase of development. The Group reaffirmed its ambition to maintain its leadership in Vietnam’s ingredient sector while accelerating global expansion.
AIG Maintains Steady Growth Amid Global Challenges
In 2024, the global ingredients industry continued to face turbulence as prolonged geopolitical instability and climate change exerted pressure on global markets. Input material prices fluctuated sharply, while increasingly stringent sustainability and traceability requirements became essential for accessing major markets such as Europe, the United States, and Japan.
AIG’s executive team presents its 2024 business performance and strategic orientation for 2025.
Against this backdrop, Vietnam has emerged as a key player in the global supply chain for natural ingredients, thanks to its agricultural strength and increasing government support for processed food exports and green transformation. These tailwinds have opened new opportunities for companies with diversified manufacturing platforms, global partner networks, and structured ingredient ecosystems. The “Made in Vietnam for the World” movement is driving domestic enterprises to expand their regional and international presence.
AIG’s audited financial results for FY2024 reflect a steady growth trajectory.
As a leading player in Vietnam’s ingredient sector, AIG reported positive business results in 2024. According to its audited financial report, net revenue exceeded VND 12,386 billion, a slight increase year-on-year. Net profit after tax reached VND 836 billion, with a net profit margin of 6.75%, considered a stable level amid volatility in input and financial costs.
These results demonstrate AIG’s agile leadership and strong adaptability to macroeconomic fluctuations. With a network of over eight subsidiaries and strategic joint ventures, AIG maintains a robust financial foundation to execute long-term strategies in the coming years.
AIG’s Vision for Global Ingredient Leadership
At the 2025 AGM, AIG reaffirmed its long-term vision of becoming a leading supplier of ingredients and integrated solutions for the food and life sciences sectors in Vietnam and globally.
The Group is pursuing a vertically integrated model, from raw material sourcing to value-added product development. It is actively investing in internationally standardized production lines, sustainable raw material zones, and certifications including HACCP, ISO 22000, and BRC. AIG’s product ecosystem continues to expand across key segments such as food ingredients, life science ingredients, pharmaceuticals, cosmetics, flavorings, and related manufacturing sectors.
AIG is also building internal capacity through investment in R&D, digital transformation in operations, and the development of an internationally qualified workforce. The establishment of specialized units such as Asia Specialty Ingredients (ASI) in Hung Yen, Mekong Delta Gourmet (MDG) in Long An, and APIS in Binh Duong reflects the Group’s efforts to develop a fully integrated value chain. These facilities support the production of high-application ingredients across the food, fragrance, pharmaceutical, and cosmetics industries.
AIG’s leadership team and shareholders unite in the company’s shared vision for sustainable growth.
With strong internal resources, a clear strategic vision, and high alignment from both leadership and shareholders, AIG is steadily realizing its ambition to become a global ingredient powerhouse. As the industry undergoes a profound transformation, AIG remains committed to sustainable development, end-to-end innovation, and deep global integration. Through these efforts, the Group aims to elevate the value of Vietnam’s ingredient sector on the international stage.
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