AN BINH INVESTMENT IMPORT - EXPORT JOINT STOCK COMPANY

AN BINH INVESTMENT IMPORT - EXPORT JOINT STOCK COMPANY (Công ty Cổ phần Xuất nhập khẩu Đầu tư An Bình) is a fast-growing Vietnamese enterprise active in food trading, frozen food processing, and logistics. Established on January 6, 2014, and headquartered at Lot 7, Den Lu 3 Area, Hoang Mai Ward, Hanoi, the company has developed into a reputable player in the country’s wholesale and import–export industry, supported by an expanding portfolio of diversified business activities.

Corporate Overview

An Binh Investment operates as a privately held joint stock company under the Hanoi Department of Planning and Investment, with a charter capital of USD 5.7 million, fully paid up as of 2023. The company employs around 80 staff and maintains its trading office and warehouse system in Hoang Mai District, Hanoi, serving both domestic distribution and export operations.

The company’s Director is Ms. Nguyen T. H., while its major shareholders include Mr. Do D. S. T. (90%), Mr. Chu M. T. (5%), and Ms. Nguyen T. H. (5%).

Business Scope and Activities

An Binh’s primary line of business is the wholesale and processing of frozen foods, including seafood, meat, and other perishable products for both domestic consumption and export markets. Alongside this core activity, the company has registered a wide range of complementary businesses:

• Wholesale of food and agricultural raw materials

• Freight and passenger transport services by road

• Repair of machinery, vehicles, and industrial equipment

• Manufacture of furniture and metal products

• Water collection, treatment, and drainage

• Construction, demolition, and site preparation services

This diversified portfolio reflects An Binh’s strategy of maintaining flexibility and stability across multiple sectors, enabling it to adapt effectively to Vietnam’s evolving economic landscape.

Financial Performance and Growth

Over the past three years, An Binh Investment has demonstrated substantial financial expansion and stable operations.

• Total assets rose sharply from USD 13.73 million in 2021 to USD 30.21 million in 2023, marking a 26.34% year-on-year increase in the latest fiscal year.

• Equity increased steadily to USD 5.83 million, up 0.23% YoY, reflecting a solid capital base.

• Revenue surged from USD 61.96 million in 2022 to USD 99.85 million in 2023, a remarkable 61.16% increase, driven by rising demand in food imports and wholesale distribution.

• Net profit also improved by 29.96%, reaching USD 48,593 in 2023.

• The company’s working capital stood at USD 5.49 million, with a net worth of USD 5.83 million, confirming healthy liquidity and operational efficiency.

Such figures underscore An Binh’s growing presence in the food supply chain, particularly in bulk trading and cold storage logistics, where Vietnam’s consumer demand continues to expand rapidly.

Market Position and Competitive Edge

Vietnam’s wholesale and food import–export industry has seen rising competition from both domestic and foreign players, but An Binh’s consistent growth reflects its ability to manage supply chains efficiently. Its strong logistics operations — particularly in refrigerated and frozen storage — help the company ensure product freshness and reliability, a critical factor in food distribution.

Moreover, An Binh’s engagement in frozen food processing and export positions it strategically within Vietnam’s broader agri-food export ecosystem, which has benefited from growing trade partnerships across Asia. By leveraging flexible business registration, the company can easily pivot between trading, manufacturing, and logistics as market conditions evolve.

Management and Strategic Direction

Under the leadership of Ms. Nguyen T. H., An Binh continues to emphasize quality control, efficiency, and expansion into regional distribution networks. With over a decade of experience in trade and supply management, the company’s management team has successfully transformed it from a local food trader into a multi-sector enterprise.

Key shareholder Mr. Do D. S. T., who holds a 90% stake, plays a pivotal role in capital investment and strategic decisions, particularly in logistics infrastructure and import–export operations.

Outlook

Looking ahead, An Binh Investment is expected to benefit from Vietnam’s rising consumption, export diversification, and participation in international trade agreements. Opportunities lie in expanding its cold-chain capacity, strengthening export partnerships, and investing in digital supply chain management to enhance transparency and efficiency.

While its current profit margin remains modest, the company’s revenue base, stable capital structure, and diversified business lines provide a foundation for long-term growth. Continued improvements in operational management and risk control — particularly in credit and inventory management — will be key to sustaining profitability.

Conclusion

AN BINH INVESTMENT IMPORT - EXPORT JOINT STOCK COMPANY exemplifies the dynamism of Vietnam’s emerging mid-tier enterprises — resilient, diversified, and growth-oriented. Through its focus on food trading, frozen goods processing, and logistics, supported by prudent management and steady capital growth, An Binh is strengthening its position as a reliable partner in Vietnam’s food supply and trade network.

Its trajectory from a modest Hanoi-based trader to a company with nearly USD 100 million in annual sales highlights the vitality of Vietnam’s domestic business ecosystem and its growing capacity to serve both local and international markets.