Dalat Hasfarm Company Limited: Vietnam’s Premier Floriculture Exporter

Established in 1994, Dalat Hasfarm Company Limited is one of the most reputable horticultural enterprises in Vietnam. Headquartered in Da Lat City, Lam Dong Province—renowned for its ideal climate for growing flowers—the company has become a leading name in the production, cultivation, and export of flowers, bonsai, and horticultural products. As a one-member limited liability company with 100% foreign ownership, Dalat Hasfarm has benefited from professional international management and long-term investment, contributing to its strong presence in the domestic and international markets.

Leadership and Ownership

The company is currently led by Mr. Adrianus Anthonius Maria Gordijn, a Dutch national serving as General Director. Dalat Hasfarm is entirely owned by Hasfarm Holdings Limited, based in the British Virgin Islands. This foreign direct investment (FDI) structure has allowed the company to maintain high standards of quality, innovation, and corporate governance. With over 4,000 employees, Dalat Hasfarm operates as a major employer in Vietnam’s agricultural sector.

Financial Performance

As of the end of 2023, Dalat Hasfarm reported strong financial results. Annual sales reached USD 110.75 million, reflecting a 2.75% increase compared to the previous year. Net profit also rose significantly, with a 10.31% year-over-year increase, amounting to USD 20.53 million. The company’s total assets were recorded at USD 91.4 million, while equity stood at USD 80.6 million. These figures demonstrate the company's stable financial foundation, consistent growth, and solid return on investment.

Business Operations

Dalat Hasfarm’s core business lies in the planting, propagation, processing, and trade of flowers, potted plants, young plants, and other horticultural products. The company also engages in seedling care for both annual and perennial plants, as well as the processing and preservation of fruits and vegetables. Additionally, it is involved in wholesale distribution, packaging services, warehousing, and business support activities such as consultancy and logistics. This diversification of services has helped Dalat Hasfarm build a vertically integrated supply chain that ensures quality control from farm to customer.

Branch Network and Market Reach

To ensure efficient distribution and logistics across Vietnam, Dalat Hasfarm has established regional branches in Ho Chi Minh City, Hanoi, and Can Tho. These offices support the company’s export activities and help facilitate the delivery of fresh flowers and plants across the country and beyond. With a focus on high-end markets, Dalat Hasfarm exports to several international destinations, maintaining a reputation for quality and innovation in floriculture.

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