For companies operating in Vietnam’s agricultural export sector, having accurate financial data, credit risk evaluations, and industry insights is crucial for making informed business decisions and securing reliable trade partnerships. One such key player in this sector is FRUIT-VEGETABLE EXPORT-IMPORT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XUẤT NHẬP KHẨU RAU QUẢ), commonly known as Vegetexco Ho Chi Minh City Co..
FRUIT-VEGETABLE EXPORT-IMPORT JOINT STOCK COMPANY was established on November 12, 2004, and is officially registered with the Ho Chi Minh City Department of Planning and Investment. The company operates under Tax Identification Number (TIN) 0300691220 and has built a strong presence in Vietnam’s fruit and vegetable export market. With its headquarters in District 3, Ho Chi Minh City, it serves both domestic and international clients, supplying a wide range of fresh and processed agricultural products, including dragon fruit, pineapple, banana, mango, melon, lychees, papaya, and various greens.
Under the leadership of Director Phan Hong Hai, alongside Chief Accountant Do Thi Thuy Ai, the company continues to expand its operations. Shareholding is diverse, with Dinh Van Huong holding the largest stake at 36.19%, followed by Saigon - Hanoi Insurance Corporation with 19%, and additional contributions from 76 other shareholders holding 26.39% collectively.
The company has demonstrated notable financial growth, despite certain fluctuations. In 2023, total sales surged to USD 680.92 million, marking a 13.14% year-over-year increase, driven by expanding export demand and strong distribution networks. However, total assets slightly declined to USD 320.1 million, down 3.03%, likely due to capital restructuring or shifts in asset allocation. Meanwhile, owner’s equity grew to USD 8.12 million, reflecting a 9.39% increase, reinforcing financial stability and reinvestment into operations. Although profitability dipped by 1.39% to USD 826,582, the company remains a competitive force in Vietnam’s agricultural export industry.
The business model of FRUIT-VEGETABLE EXPORT-IMPORT JOINT STOCK COMPANY extends beyond fresh produce trading. It engages in agricultural production, covering rice, maize, tuber crops, sugarcane, tobacco, oilseeds, coffee, tea, and spices. Additionally, it is involved in processing and preserving fruits and vegetables, ensuring product quality for export markets. With Vietnam’s growing role as a global food supplier, the company is positioned to leverage new opportunities while navigating challenges such as supply chain disruptions, price volatility, and trade regulations.
For businesses looking to engage with FRUIT-VEGETABLE EXPORT-IMPORT JOINT STOCK COMPANY, having in-depth financial and operational insights is essential. VANGUARD BUSINESS INFORMATION LLC (VBI) provides comprehensive company reports, industry analysis, and risk assessment solutions to ensure secure investments and informed trade partnerships. Whether evaluating supplier credibility, assessing market risks, or exploring new business opportunities, VBI delivers reliable intelligence to support strategic decision-making in Vietnam’s agricultural sector.
+ PHAN H.H
+ DO T.T.A
-26.71%
21.23%
1,285
0.0443%
Assets | 79.96% |
Owner’s Equity | 44.22% |
Working Capital | 66.36% |
Net Worth | 0.51% |
Sales | -24.32% |
Operating income | 77.22% |
EBIT | -93.10% |
Gross Profit Margin | -16.34% |
Debt to EBITDA | -49.28% |
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