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BACONCO CO.,LTD

Active

Business ID 3500101065

84-254 / 3893 400

BACONCO CO.,LTD

Active

Business ID 3500101065

84-254 / 3893 400

BACONCO CO.,LTD

Active

Summary

Name:

BACONCO CO.,LTD

Business ID (TIN):

3500101065

Date of Registration:

27 Apr 1995

Registered Office:

Ba Ria - Vung Tau Province Department of Planning and Investment

Address:

Phu My I Industrial Park, Phu My Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

Phone:

84-254 / 3893 400

Fax:

(84-254) 3873 030

Financial Statement:

2020, 2021, 2022, 2023, 2024

BACONCO CO., LTD (Local name: Công Ty TNHH BACONCO) is a foreign-invested enterprise specializing in the manufacture of fertilizers and nitrogen compounds. Established on April 27, 1995, the company is legally registered with the Ba Ria - Vung Tau Department of Planning and Investment under Business ID 3500101065.

The company’s head office and factory are located in Phu My I Industrial Park, Phu My Ward, Phu My City, Ba Ria - Vung Tau Province — a strategic location that places it near deep-water ports and Vietnam’s main agricultural supply chains. With more than three decades of operations, BACONCO has become a major player in the fertilizer and agrochemical industry.

Experienced Leadership and International Ownership

BACONCO CO., LTD is led by Sigmund Stromme as Chairman and Siquet P. L. B. as General Director. Ho N. C.serves as Financial Director. The leadership combines extensive international experience with strong local management capabilities, enabling the company to maintain high production standards and operational efficiency.

BACONCO is 100% owned by PM Thoresen Asia Holdings Public Company Limited (Thailand), giving it strong financial backing and access to international best practices in fertilizer manufacturing and distribution.

Robust Financial Performance

BACONCO has maintained steady growth and solid financial health. As of 2024, total assets stood at approximately USD 68.25 million, equity at USD 42.89 million, and working capital at USD 24.29 million. Total revenue reached USD 112.47 million, reflecting a 6.02% year-on-year increase, while profit rose sharply to USD 5.05 million, more than doubling compared to the previous year.

This strong performance underscores the company’s competitive position in Vietnam’s fertilizer sector and its ability to navigate global market fluctuations effectively.

Core Business Activities

BACONCO’s main business lines include the manufacturing and trading of fertilizers and other agrochemical products. In addition to its core operations, the company is also engaged in:

Management of factory areas and warehousing
Wholesale of agricultural machinery, equipment, and supplies
Manufacture of pesticides and other agrochemicals
Manufacture of plastic products
Real estate trading and property management

This diversified business structure enhances its operational flexibility and positions BACONCO as an integrated agricultural solutions provider.

Strategic Network and Nationwide Reach

The company operates a representative office in Ho Chi Minh City (Cobi Tower I, District 7) and a branch in Hai Phong City. This nationwide network allows BACONCO to efficiently serve clients across Vietnam and maintain strong distribution channels for both domestic and export markets.

Workforce and Operational Strength

With more than 500 employees, BACONCO combines skilled local labor with modern production technology. Its strategic location in Ba Ria - Vung Tau — one of Vietnam’s key industrial and logistics hubs — gives it a competitive advantage in sourcing raw materials, exporting products, and distributing fertilizers to agricultural regions.

Market Position and Strategic Outlook

BACONCO CO., LTD is one of Vietnam’s most reputable fertilizer manufacturers. Its long-standing presence, strong financial base, and international ownership allow it to compete effectively in both domestic and regional markets. As agricultural modernization in Vietnam accelerates, BACONCO is well positioned to capitalize on growing demand for high-quality fertilizers and related agrochemical products.

VNBIS Company Risk Management and Business Intelligence

For investors, distributors, and financial institutions, understanding the risk profile of manufacturing companies is critical. Vanguard Business Information LLC (VNBIS) provides in-depth company reports, financial analysis, litigation checks, and due diligence services to support informed decision-making.

By offering transparent and verified business intelligence, VNBIS helps organizations evaluate the financial stability, operational capacity, and creditworthiness of companies like BACONCO CO., LTD, ensuring safer and more strategic partnerships in the fertilizer industry.

✅ Key SEO Takeaways:

BACONCO CO., LTD is a leading fertilizer and agrochemical manufacturer in Vietnam.
Established in 1995, headquartered in Ba Ria - Vung Tau.
Chairman: Sigmund Stromme | General Director: Siquet P. L. B.
2024 revenue: USD 112.47 million; profit: USD 5.05 million; assets: USD 68.25 million.
100% owned by PM Thoresen Asia Holdings (Thailand).
VNBIS provides risk management and due diligence services to support safer investments and trade.

Legal Profile

English Name:

BACONCO CO.,LTD

Vietnamese Name:

CÔNG TY TNHH BACONCO

Short Name:

BACONCO

Business ID (TIN):

3500101065

Date of Registration:

27 Apr 1995

Registered Office:

Ba Ria - Vung Tau Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ SIGMUND S

+ SIQUET, P.L.B

+ HO N.C

Address:

Phu My I Industrial Park, Phu My Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

Phone:

84-254 / 3893 400

Fax:

(84-254) 3873 030

Representative office:

19th Floor, Cobi Tower I, No. 5, Hoang Van Thai Street, Tan Phu Ward, District 7, Ho Chi Minh City, Vietnam

Branch:

Room 431 + 432, 4th Floor, Thanh Dat 1 Building, No. 3, Le Thanh Tong Street, May To Ward, Ngo Quyen District, Hai Phong City, Vietnam

Business Sector

Key business lines:

VSIC:

2012 Manufacture of fertilizers and nitrogen compounds

NACE:

20.15 Manufacture of fertilisers and nitrogen compounds

Industry Sales Growth

CAGR (2019 - 2023)

9.05%

YoY (2023)

-18.11%

Companies by industry

Company distribution and propportions

2,232

0.0768%

Key Industry Players

Top 10 companies in manufacture of fertilizers and nitrogen compounds industry

baconco co.,ltd agricultural products and materials joint stock company ha bac nitrogenous fertilizer & chemicals joint stock company lam thao fertilizers and chemicals joint stock company petrovietnam fertilizer and chemicals corporation bình điền fertilizer joint stock company dap - vinachem joint stock company petrovietnam ca mau fertilizer joint stock company ninh binh nitrogenous fertilizer ltd.company dap2 – vinachem joint stock company

Payment History

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Financial Performance

Assets	-55.10%
Owner’s Equity	-60.81%
Working Capital	20.63%
Net Worth	-50.33%
Sales	-74.63%
Operating income	63.76%
EBIT	-91.92%
Gross Profit Margin	13.88%
Debt to EBITDA	-24.83%

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Specific Questions About BACONCO CO.,LTD

When did BACONCO CO.,LTD start operating?

BACONCO CO.,LTD was started in 27 Apr 1995

What industry does BACONCO CO.,LTD operate in?

BACONCO CO.,LTD is operating in "Manufacture of fertilizers and nitrogen compounds" industry

How can I contact BACONCO CO.,LTD?

BACONCO CO.,LTD phone numbers is 84-254 / 3893 400

What adverse news is there about BACONCO CO.,LTD?

BACONCO CO.,LTD’s has 1 bad news

What is stock symbol of BACONCO CO.,LTD?

BACONCO CO.,LTD is not listed company

Where is the location of BACONCO CO.,LTD?

BACONCO CO.,LTD is located at Phu My I Industrial Park, Phu My Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

What is BACONCO CO.,LTD’s business registration?

BACONCO CO.,LTD business registration is 3500101065

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BACONCO CO.,LTD

BACONCO CO.,LTD

BACONCO CO.,LTD

Experienced Leadership and International Ownership

Robust Financial Performance

Core Business Activities

Strategic Network and Nationwide Reach

Workforce and Operational Strength

Market Position and Strategic Outlook

VNBIS Company Risk Management and Business Intelligence

Company Profile Report

Company Standard Report

Comprehensive Report

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BACONCO CO.,LTD

BACONCO CO.,LTD

BACONCO CO.,LTD

Experienced Leadership and International Ownership

Robust Financial Performance

Core Business Activities

Strategic Network and Nationwide Reach

Workforce and Operational Strength

Market Position and Strategic Outlook

VNBIS Company Risk Management and Business Intelligence

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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