The company's representative stated that Antesco views its decision to list on HoSE as a strategic move to enhance its market position and operational standards, rather than a short-term financial choice. This decision by An Giang Fruit and Vegetable Food Joint Stock Company (Antesco) comes as FTSE Russell announced its plan to upgrade Vietnam's stock market from a frontier market to a secondary emerging market by early september 2026.

Company staff. Photo: Antesco

This market development encourages listed businesses to improve disclosure standards, governance, and operational efficiency, while expanding access to international capital. Concurrently, after a period of market volatility, investors are becoming more selective, prioritizing companies with stable financial foundations, clear business models, and a commitment to sustainable development, with environmental, social, and governance (ESG) criteria gaining increasing importance.

In parallel with capital market movements, Vietnam's fruit and vegetable sector has also shown positive growth signals. In 2025, fruit and vegetable export turnover exceeded 8,5 billion USD, the highest level recorded to date. This result highlights growing demand from international markets and the effectiveness of policies aimed at removing technical barriers, improving logistics, and strengthening supply chains.

The company's My An factory. Photo: Antesco

The company's representative further noted that as North America and Europe tighten requirements for certificates of origin (C/O) and value chain transparency, companies like Antesco, with stable cultivation areas and robust raw material control capabilities, are poised to benefit. Meeting stringent origin standards enables Antesco to leverage tariff preferences from free trade agreements (FTAs), expanding its market penetration and increasing its share in key export markets.

Antesco's decision to transfer its listing is also supported by its favorable business performance. For the cumulative first 9 months of 2025, the company reported a net revenue of 1,451 billion dong, a 30% increase compared to the same period. After-tax profit reached 100 billion dong, up 64%, with earnings per share (EPS) at 4,712 dong per share. These indicators have surpassed the full year 2024 results, demonstrating improved operational efficiency and profitability.

"A stable financial foundation, combined with the consensus of shareholders and leadership, gives us greater confidence as we enter a new phase of development, where capital market standards will serve as a benchmark for governance effectiveness," the representative stated.

As the market increasingly emphasizes quality and sustainability, Antesco views a HoSE listing as a long-term strategic leverage. The company states that transparency forms its foundation, governance creates a competitive advantage, and the capital market serves as a launchpad for its next phase of development. HoSE, the company explains, is not merely a venue for stock trading but also a reference system for operational standards, helping the company establish a "common language" with banks, international partners, and institutional investors.

The company's cultivation area. Photo: Antesco

Listing on HoSE also provides access to medium- to long-term capital sources, gradually reducing capital costs and enhancing creditworthiness. Concurrently, the listing framework creates positive pressure for consistent operations, improved governance capabilities, standardized information disclosure, and accountability linked to capital utilization efficiency.

Company leadership believes that from a long-term development perspective, Antesco will be better positioned to implement more systematic expansion plans, ranging from investing in raw material areas and upgrading processing technology to advancing ESG programs in line with international standards. Becoming a HoSE-listed company also signals the start of a new development cycle with higher benchmarks, serving as a launchpad for Antesco to continue making its mark for Vietnamese agricultural products on the global map.

With a history spanning over 50 years and numerous transformations, the company has progressively expanded its scale, accumulated production capacity, and built a sustainable agricultural ecosystem. Currently, Antesco operates four processing factories with a total capacity exceeding 75,000 tons per year, alongside an extensive network of cultivation areas that meet stringent quality and traceability standards.

The company's key products, including mango, pineapple, passion fruit, baby corn, and soybean, are available in over 50 countries and territories, reaching demanding markets such as Japan, the US, the EU, South Korea, and the Middle East. Antesco is also among Vietnam's leading companies in exporting IQF frozen mango, contributing to enhancing the added value of Vietnamese agricultural products.

In parallel with expanding its production and business activities, the company has steadily standardized its governance system, internal control, and information disclosure practices, aligning with public company standards. The transfer of its listing to HoSE is identified by Antesco as the next step in its development roadmap, aimed at expanding its growth opportunities and elevating its operational standards.

Hoang Dan