Ha Noi-Kinh Bac Agriculture and Food

What Ha Noi-Kinh Bac Agriculture and Food does

Ha Noi-Kinh Bac Agriculture and Food Joint Stock Company (HKB, HNX: HKB) is a Hanoi-based, vertically integrated agricultural commodity processor and exporter founded in 2009 and listed on the Hanoi Stock Exchange in April 2015. The company processes and exports a diversified portfolio of Vietnamese agricultural commodities — black pepper, coffee, cashew, cassava slices, rice, cinnamon, star anise, incense, and animal feed ingredients — serving international B2B importers across Asia (China, South Korea, Thailand, India, Indonesia, Taiwan), the Middle East (UAE, Turkey, Algeria), Europe (Spain, EU), North America (USA, Mexico), and the Caribbean, alongside domestic food manufacturers (Intimex, Nestlespices, Olarm, Vietspices), ethanol producers, and its own retail chain (HKB FOOD MART).

The company operates three primary production hubs anchored to Vietnam's key growing regions: the HKB-Gia Lai Agricultural Processing Complex (3.6 ha, ASTA-standard black pepper processing at 15,000 tons/year Phase 1 capacity, plus a 30,000 tons/year coffee line under investment); two plants in Binh Dinh near Quy Nhon Port (cassava, corn, soybean, rice processing with 60,000-ton storage and 120,000 tons/year cassava export capacity); and a 546.5-hectare owned land bank in Dak Lak (50-year usage rights) for black pepper and timber cultivation, acquired in October 2016 via controlling stakes in Lumex Vietnam Agriculture and Hung Loc Phat Gia Lai. Headcount stood at 260 employees as of 2016. Processing relies on trained in-house quality inspection teams and modern facilities meeting international standards (ASTA for pepper, EU/USA specifications), with export operations supported by international banking credit and L/C-based trade finance.

HKB generates revenue through four transaction-based streams: international agricultural export (historically ~77% of net revenue), domestic agricultural sales to manufacturers and ethanol producers, internal cultivation operations, and industrial livestock/feed processing — supplemented by the developing HKB FOOD MART retail channel. Pricing is not publicly disclosed and tracks commodity market conditions, quality grade, and volume. The company has articulated a strategic vision to reach 10,000 billion VND in available revenue capacity by 2025 (across Gia Lai, Binh Dinh, and Dak Lak assets) and become a leading Southeast Asian agricultural group by 2030, supported by export customer relationships with hundreds of international buyers across more than a dozen countries.

Name

Ha Noi-Kinh Bac Agriculture and Food

Legal name

Cong Ty Co Phan Nong Nghiep Va Thuc Pham Ha Noi - Kinh Bac

Website

https://hkb.com.vn

Company type

Public

Founded year

2009

Operating status

Operating

Short description

HKB is a Hanoi-based, vertically integrated Vietnamese agricultural processor and exporter of black pepper, coffee, cassava, rice, spices, and animal feed ingredients, serving international B2B importers across Asia, the Middle East, Europe, and the Americas, plus domestic manufacturers and its HKB FOOD MART retail chain.

Ownership category

akta.pro rank

Product category

Agricultural Commodity Processing and Export

NAICS

Food Manufacturing (311), Starch and Vegetable Fats and Oils Manufacturing (31122), Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114)

SIC

Food And Kindred Products (2000), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Miscellaneous Food Preparations & Kindred Products (2090)

akta.pro primary industry

Ethnic Frozen & Refrigerated Foods Wholesale (AFAIAIAB)

akta.pro secondary industry

Religious & Cultural Foods Wholesale (Halal, Kosher, etc.) (AFAIAIAI)

Keywords

• Agricultural commodity processing
• Agricultural product export
• Black pepper processing
• Coffee bean export
• Cassava processing

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Agricultural Export: Export of processed agricultural products including black pepper, cassava chips, coffee, rice, and spices. Export revenue historically dominated at 77.34% of net revenue (pre-2013), later balanced with domestic sales.
2. Domestic Agricultural Sales: Domestic sales of agricultural products including rice, dried foods, animal feed ingredients (cassava, corn, soybean meal), and food products through HKB FOOD MART retail network.
3. Cultivation Operations: Agricultural cultivation including black pepper, cassava, oranges, tangerines, pomelos, vegetables, rice, and forestry. Land bank of over 500ha in Central Highlands for raw material development.
4. Livestock and Food Processing: Industrial-scale livestock farming and animal feed production, meat processing, and by-product processing (bone meal, poultry feathers).

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Ha Noi-Kinh Bac Agriculture and Food (HKB) is an integrated agricultural commodity processor and exporter that sources, processes, and sells Vietnamese agricultural products including black pepper, coffee, cashew nuts, cassava slices, rice, cinnamon, incense, and animal feed ingredients. The company operates company-owned processing facilities in key Vietnamese agricultural regions (Gia Lai for pepper and coffee, Binh Dinh for cassava and rice) and distributes products to international buyers across Asia, the Middle East, Europe, and the Americas, while also operating the HKB FOOD MART retail brand domestically.

Product overview

HKB operates as an integrated agricultural commodity company offering a diversified portfolio of processed agricultural products for export and domestic distribution. The product line centers on five core commodity categories: pepper (Hồ tiêu), coffee (Cà phê), cashew nuts (Hạt điều), cassava/cassava starch (Sắn lát), and rice (Gạo), supplemented by spices (Quế/Hồi), incense products (Nhang hương), and animal feed ingredients. Products are processed through company-owned manufacturing facilities strategically located near raw material sources (Gia Lai for pepper/coffee, Binh Dinh for cassava/rice). The company also operates HKB FOOD MART as its retail distribution brand for domestic market penetration. The portfolio integrates vertically from raw material sourcing and processing to international export, serving customers across Asia, the Middle East, the Americas, and Europe.

Differentiator

Problem solved

Functional benefit

Brands

• HKB FOOD MART: Retail distribution system for agricultural products and food items operated by the company

Products and services

• Black Pepper (Hồ tiêu) Vietnamese black pepper processed to ASTA standards for international export markets; sourced, cleaned, and exported from company-owned Gia Lai processing facilities with 15,000 tons/year capacity.
• Coffee (Cà Phê) Coffee beans processed for export, including unwashed Arabica Grade 1, Screen 18, processed through dedicated company-owned coffee processing facility (NMCB Cafe XK).
• Cashew Nuts (Hạt điều) Cashew nuts processed and exported as part of HKB's diversified agricultural commodity portfolio for international buyers.
• Cassava Slices (Sắn lát) Cassava slices processed for ethanol production and animal feed ingredients, exported at 120,000 tons/year capacity from company-owned Binh Dinh storage and processing facilities.
• Cassia/Cinnamon (Quế) Cinnamon/cassia spice processed and exported for international spice markets, part of HKB's spice product line.
• Rice (Gạo) Rice processed at company-owned rice processing plant including fragrant rice and Japonica rice varieties for export and domestic distribution.
• Incense and Spices (Nhang hương & Gia vị) Incense sticks produced from bamboo combined with spice processing (cassia, star anise, chili) for export markets.
• Animal Feed Ingredients (Thức ăn chăn nuôi) Animal feed ingredients including cassava, corn, and soybean meal sourced and traded for domestic animal husbandry operations.
• HKB FOOD MART Retail Distribution Retail distribution network under HKB FOOD MART brand distributing agricultural products and food items to domestic Vietnamese consumers.

Quantifiable outcome

• Revenue growth of 10x from 2009 to 2016
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• TeckminorOthersPartner company displayed on company website.

Scale indicators20 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Simexco Daklak: Simexco Daklak is one of Vietnam's leading pepper, coffee, and cashew exporters headquartered in the Central Highlands. Directly comparable business model: agricultural commodity processing and export with similar product portfolio, customer base, and target markets as HKB.
• Intimex Group: Intimex is Vietnam's largest agricultural commodity trading group, exporting rice, coffee, and pepper. Functions as both customer (HKB sells to Intimex domestically) and direct competitor — serving the same markets with overlapping product lines.
• Phuc Sinh Corporation: Phuc Sinh is a Vietnamese spice and agricultural products exporter specializing in pepper, cinnamon, star anise, and coffee. Closely matches HKB's spice and agricultural commodity processing and export profile with similar target markets in USA, EU, and Asia.
• Vina T&T Group: Vina T&T is a Vietnamese agricultural exporter focused on rice, cashews, and other commodities. Similar export-oriented business model with international customer base, though with different scale and product mix than HKB.

Broad incumbents

• Olam Agri: Olam Agri is a global agricultural commodity trader with significant Vietnam operations across coffee, pepper, and other commodities. Broader portfolio and global scale but overlapping in product categories and export markets with HKB.
• Louis Dreyfus Company: Louis Dreyfus is one of the world's largest agricultural commodity traders, with significant coffee and rice operations in Vietnam. Global incumbent serving similar product categories and customer segments as HKB, but at vastly greater scale.
• Cargill: Cargill is a global agricultural commodity giant with operations across all of HKB's core product categories. Provides a benchmark for the upper end of scale in agricultural commodity processing and export, though with vastly broader portfolio.
• ECOM Trading: ECOM is a global coffee, cocoa, and cotton trader with significant Vietnam coffee operations. Directly competes in coffee processing and export where HKB is investing in 30,000 tons/year capacity.

Regional players

• Sime Darby Plantation: Sime Darby Plantation is a Malaysian agricultural and plantation company with similar upstream agricultural processing operations. Regional Southeast Asian peer with comparable business model but primarily different commodities (palm oil) and geography.
• Vietnam Rubber Group (VRG): VRG is Vietnam's state-owned agricultural conglomerate with rubber, coffee, and other commodity operations. Similar Vietnamese state-linked agricultural export business model, though with focus on rubber and larger scale than HKB.

Market position

Strengths6 records

Weaknesses6 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hakinvest

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ha Noi-Kinh Bac Agriculture and Food