HA NOI TIC TRADING AND INVESTMENT JOINT STOCK COMPANY

HA NOI TIC TRADING AND INVESTMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ ĐẦU TƯ TIC HÀ NỘI) is a privately held joint stock company established on January 20, 1993, and registered with the Hanoi Department of Planning and Investment. With over 32 years of experience, the company specializes in the wholesale distribution of food products, particularly trading corn meal for animal feed production. Its business model integrates agricultural production and food processing, ensuring a steady supply chain for the livestock and food industries. The company operates under Tax Identification Number (TIN) 0100106962 and maintains its headquarters in Cau Giay District, Hanoi.

Under the leadership of Chairman cum Director Vu Trong Tuan, the company has built a strong market position. With a well-established ownership structure, Bui Mai Phuong holds the majority stake at 81.88%, followed by Vu Trong Tuan with 10.2% and Vu Duc Trung with 7.92%.

Over the past year, HA NOI TIC TRADING AND INVESTMENT JOINT STOCK COMPANY has maintained stable financial performance despite market fluctuations. In 2023, total assets amounted to USD 354.19 million, reflecting a 4.37% decrease from the previous year, while sales revenue increased to USD 713.09 million, up 7.35%. Although profitability remained nearly unchanged at USD 1.06 million, the company showed strong equity growth, with owner’s equity rising by 13.13% to USD 9 million, demonstrating financial resilience and steady capital accumulation.

The company operates a diversified agricultural portfolio, engaging in wholesale food distribution, rice and cereal cultivation, root and tuber crop farming, and the growing of industrial crops such as sugarcane, tobacco, oilseeds, rubber, coffee, and tea. Additionally, it is involved in fruit and vegetable processing, animal production support services, and food manufacturing, making it a key player in Vietnam’s agricultural supply chain.

While the company continues to expand its wholesale and agricultural production capacity, it faces challenges related to market price volatility, agricultural productivity, and supply chain fluctuations. However, its long-standing market presence, diversified operations, and steady financial growth position it well for continued expansion in Vietnam’s agribusiness sector.

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