On February 25, 2022, Nova Consumer was honored to receive the APEA award - “Fast Growing Enterprise 2021” organized and voted by Enterprise Asia - the leading business organization in the region.

Mr. Nguyen Hieu Liem - Chairman of the Board of Directors of Nova Consumer - represented the company to receive the "Fast Growing Enterprise" award

Initiated in 2007, the Asia Pacific Enterprise Awards (APEA) was presented by Enterprise Asia - the leading non-governmental organization in Asia for enterprises - to honor outstanding corporations and companies that continuously innovate, have outstanding products, services and business results, sustainable development, and social responsibility in the region. The categories are evaluated based on strict criteria and independent surveys of businesses.

With great efforts and achievements in 2021, Nova Consumer - a member of the NovaGroup ecosystem, was excellently voted by Enterprise Asia for the title of "Fast Growing Enterprise 2021". The award recognizes Nova Consumer's strong progress in recent times.

Based on the 30-year solid development foundation of Anova Group, Nova Consumer continues to inherit and promote values for Vietnam's agricultural industry; at the same time, further developing the consumer goods industry, perfecting the 3F model (Feed - Farm - Food) - a closed food production chain from farm to table.

Nova Consumer's consumer goods product portfolio belongs to 3 main industry groups, including food, beverages and nutritional products.

Nova Consumer representative speaking at the APEA Awards Ceremony held on February 25, 2022

Mr. Nguyen Hieu Liem, Chairman of the Board of Directors of Nova Consumer shared: "This is one of the events marking the strong steps for the remarkable growth of Nova Consumer with outstanding qualities and achievements, building a successful business in parallel with creating good values for society".

According to the development strategy, by 2025, Nova Consumer will develop 150 consumer product distribution agents; 250,000 points of sale; 1,200 agricultural product distribution agents. In parallel with traditional sales models, the enterprise also distributes through e-commerce channels and exports to more than 27 markets around the world.

Nova Consumer has also recently opened the 2022 stock market by announcing the public offering of 10.9 million shares, raising at least VND474 billion to conduct M&A deals in the consumer goods sector. This is the beginning of the strategy to enter the consumer goods market with great growth potential in Vietnam, with a population of 100 million and a high urbanization rate.

Nova Consumer aims to increase its profit in the 2022-2026 period by 4-5 times, reaching VND1,300 to 1,500 billion. With expected profit and growth potential along with a solid management system, Nova Consumer can reach the target of capitalization exceeding USD1 billion in the next three years, 4 times higher than the present.