15 GIANTS IN FRUITS AND VEGETABLES INDUSTRY IN VIETNAM
Thursday 27, 08 2020
Among industries in the agricultural sector, fruits and vegetables industry has experienced the most impressive growth in recent years. Vegetable exports are growing steadily, and there exist many opportunities for its growth. Farmers have adapted hi
Among industries in the agricultural sector, fruits and vegetables industry has experienced the most impressive growth in recent years. Vegetable exports are growing steadily, and there exist many opportunities for its growth. Farmers have adapted high technology in cultivation of fruit trees. Large-scale production models have been established according to VietGAP, GlobalGAP standards, improving both productivity and quality. VietnamCredit experts have conducted a report on Vietnam’s Fruits and Vegetables Industry, in which investors will provided with information on production, supply and demand, distribution channels… to better understand this potential industry. Based on the total revenue in 2017, VietnamCredit kindly shows out 15 biggest representatives of fruits and vegetables industry in Vietnam:
1. THE VEGETEXCO PORT JSC
Originally, THE VEGETEXCO PORT JSC - was a state owned enterprise under management of VEGETEXCO VIETNAM, which was established in 1990. After many operation and development years, it has become a joint stock company which operated under business registration No. 0302336158 (same with the tax code) issued by Business Registration Office - Planning and Investment Department of Ho Chi Minh City. Its current chartered capital is VND 82,146,920,000 (equivalent 8,214,692 circulating shares).
Total revenue in 2017: 5,202 Billion VND
2. VIETNAM NATIONAL VEGETABLE, FRUIT AND AGRICULTURAL PRODUCT CORPORATION - JSC
It was established in 2003 in Ha Noi City. Over 13 years of operation, it has several times to adjust the type of business, name, chartered capital and the number of business license. Presently, it is operating as a joint stock company under name VIETNAM NATIONAL VEGETABLE, FRUIT AND AGRICULTURAL PRODUCT CORPORATION - JSC together with business registration No. 0101385740 (as well as tax code); granted by Hanoi City Department of Planning and Investment with chartered capital up to VND 713 billion.
Total revenue in 2017: 4,174 Billion VND
3. QUANG NGAI AGRICULTURAL PRODUCTS AND FOODSTUFF JOINT STOCK COMPANY
It was established based on the equitized from State Company – Quang Ngai Agricultural Products and Foodstuff following the license No. 252/QD-UB, issued on 25 December 2003 by People’s Committee of Quang Ngai Province. After many times to change, QUANG NGAI AGRICULTURAL PRODUCTS AND FOODSTUFF JSC is operating under the business code as well as tax code No. 4100321643 with the current chartered capital of VND 90,781,180,000. The material facilities of company are fair. Head office is located at No. 48 Pham Xuan Hoa Street, Quang Ngai City, Quang Ngai province. Factories of company are located in many provinces…
Total revenue in 2017: 3,044 Billion VND
4. WEST FOOD COMPANY
Established in 1992 in Can Tho City, WEST FOOD COMPANY is subsidiary of TECHNO-AGRICULTURAL SUPPYING JOINT STOCK COMPANY, specializes in processing and supplying agricultural commodities, and processed frozen products. Legally, in the latest business registration, it operates under the code No. 1800512175, granted by Can Tho Department of Planning and Investment with VND 299,998,400,000 in the chartered capital, in which the parent company holds 95.45%, remains are belong of individuals. The company's head office and factory are located at Cai Son Hang Bang Industrial Zone, An Binh Ward, Ninh Kieu District, Can Tho City, Vietnam. Total revenue in 2017: 1,668 Billion VND
5. VEGETABLE AND FRUIT EXPORT IMPORT JSC 1 - HA NOI
Started since 1973 as a State owned company, VEGETABLE AND FRUIT EXPORT IMPORT JSC 1 - HA NOI has officially equitized since Apr 2014 under the Decision No. 2858/QD-BNN-TCCB of Ministry of Agriculture and Rural Development. Currently, it is following business registration No. 0100113920 (same as the tax code), granted by Ha Noi Department of Planning and Investment with chartered capital of VND 30,158,840,000. According the latest adjustment on 31 Oct 2016, the legal representative is Mr. Nguyen Ngoc Nghi, replacing for Mr. Le Van Anh Previously. It is headquartered at No.389, Truong Dinh Street, Hoang Mai District, Ha Noi City, Vietnam.
Total revenue in 2017: 1,103 Billion VND
6. AN GIANG AGRICULTURE AND FOODS IMPORT-EXPORT JSC
AN GIANG AGRICULTURE AND FOODS IMPORT-EXPORT JSC was established in 1990 as a State owned company, after that it has changed to joint stock company since Apr 2011. Currently, it is running under business registration license No. 1600194461 (same as the tax code) granted by An Giang Department of Planning and Investment. Its charter capital is remained at VND 350 billion, of which STATE CAPITAL INVESTMENT CORPORATION still holds 51%. It operates in many fields, yet currently its major ones are processing and trading rice and aquatic feed. It imports materials for feed production from ASEAN Countries, India...
Total revenue in 2017: 897 Billion VND
7. DAK LAK AGRICULTURAL MATERIALS AND FOOD JSC
Forerunner Corporation Agricultural Materials and Food Company Daklak is due two: Service Company Daklak Crop and Food Company Daklak merger by Decision No. 302 / QD – UB 02 month 06 year 1992 PPC Daklak.
Implementing directives of the Party Central Committee Secretariat, Congressional resolutions and decrees 388 by the government to strengthen the financial, reorganization of production and business of enterprises generate revenue, Daklak province has issued Decision No. 179/ QD – UB 19 month 03 year 1993 establishment of State enterprises: Food Company Daklak Agricultural Materials. Since 01/07/2004 the company went into business activities officially named DAK LAK AGRICULTURAL MATERIALS AND FOOD JSC, International transaction name is DAKFOCAM. It’s headquartered at No.18 Nguyen Tat Thanh Street, Tu An Ward, Buon Ma Thuot city, Daklak province.
Total revenue in 2017: 739 Billion VND
8. HOANGNGOC CO., LTD
HOANGNGOC CO., LTD was established in 2005 in Quy Nhon City. It is specialized in processing and supplying agricultural commodities, and processed frozen products. Legally, in the latest business registration, it operates under the code No. 4100575908. The company's head is located at No. 15 - 17, Le Quy Don Street - Ly Thuong Kiet Ward, Quy Nhon City, Binh Dinh Province, Vietnam.
Total revenue in 2017: 657 Billion VND
9. BINH DINH FOOD JSC
Formerly, it was a state owned company. In 2008, it was equalized and operated under Business Registration No: 3503000176 registered by Binh Dinh’s Planning and Investment Department. After that, its Business Registration was changed to No. 4100259042 which is also its tax code. Its chartered capital is 10,200,000,000. BINH DINH FOOD JSC registered the following business activities: Processing and trading agricultural products, seafood; Trading, being agent for technological products, cosmetic, food products; Trading goods bag, feed for livestock, building materials, fuel, gas, rubber...
Total revenue in 2017: 616 Billion VND
10. DONG GIAO FOODSTUFF EXPORT JSC
DOVECO started business in 1955 as a State Owned Company and changed to type of joint stock company in 2006. It is currently operating chartered capital of VND 40 billion and about 950 employees. DOVECO is chiefly engaged in growing vegetables and fruits, processing and trading canned foodstuff, fruits and fruit juices. It has no big changes recently. Its head office and factory are still located at Trung Son Ward, Tam Diep Town, Ninh Binh Province. It has farms of litchi, papaya, citrus, peanut… in Tam Diep and some nearby districts. Its facilities are relative.
Total revenue in 2017: 398 Billion VND
11. AN GIANG FRUIT-VEGETABLES & FOODSTUFF JSC
An Giang Fruit-Vegetable & Foodstuff JSC (ANTESCO) is one of Vietnam’s Leading companies that specializes in producing and exporting the frozen IQF and canned tropical vegetables and fruits. It has three factories applying the European advanced technology and quality controlled by ISO 22000; SEDEX; BRC FOODS; GLOBAL GAP, KOSHER; HALAL… with the total annual capacity over 20,000 tons. ANTESCO has been trading with many countries: USA, Canada, EU, Japan, etc.
Total revenue in 2017: 309 Billion VND
12. TRABAC JOINT STOCK CORPORATION
TRABACOwas started since 1988 by initial name of Cuu Long Factory. After many changes, it was officially converted to a joint stock company on 12 Apr 2005 following the Decision No.523/QD-CTT of Tra Vinh People's Committee. Recently, its chartered capital has been increased into VND 70,958,760,000, mainly owned by SCIC. Mr. Huynh Khac Nhu is now Chairman cum General Director of the company. It has head office at No. 216, Bach Dang Street, Ward 4, Tra Vinh City, Tra Vinh Province, Vietnam. Besides, it has some factories named Phu Vinh, Rach Lop, Duc My... Total revenue in 2017: 277 Billion VND
13. TRUONG HOANG CO., LTD
Truong Hoang Co., Ltd was officially established in 2009, it’s headquartered at 43/10 Le Van Tam, Lien Nghia, Duc Trong, Lam Dong - precursor is a private enterprise with rich experience in agricultural production. In Lam Dong province, the establishment of Truong Hoang Trading Service Co., Ltd. affirms the stable development of the enterprise, with the main business fields are production, trading and processing Agriculture is the strength of Lam Dong.
Along with boldly investing in technology in production and processing of agricultural products, creating high-tech agricultural products, raising the value of agricultural products. The main products are Orchid (Greenhouse production: 5 hectares), Lilies (Lily netting area: 30 hectares), Passion fruit (plantation area: 1,000 hectares, processing plant capacity of 150 tons / day)
Total revenue in 2017: 176 Billion VND
14. VINA T&T EXPORT IMPORT SERVICE TRADING CO., LTD
VINA T&T EXPORT IMPORT SERVICE TRADING CO., LTD was established in 2014 in Ho Chi Minh City. It is specialized in supplying agricultural commodities, and processed products. Legally, in the latest business registration, it operates under the code No. 0312904360. The company's head is located at 3/3A Go Xoai Street, Binh Hung Hoa A Ward, Binh Tan District, Ho Chi Minh City, Vietnam.
Total revenue in 2017: 149 Billion VND
15. RED DRAGON SERVICE TRADING MANUFACTURE CO., LTD
RED DRAGON is a one member limited liability company which was established in January 2007. It is now operating under business registration No. 0304785896 issued by Planning and Investment Department of Ho Chi Minh City. It had increased its registered capital from 2 billion VND to 5 billion VND on 21 April 2010. It specializes in trading in fresh and frozen fruits and vegetables. Start-up product is fresh dragon fruit exports to the Netherland and Thailand, constantly improve business developing more new items such as rambutan, pomelo, lime, sweet potatoes…