HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY

Food distribution is often invisible to consumers, yet it is one of the most critical pillars of modern food systems. HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY, widely known as HOLAFOODS., JSC, operates at this essential layer of Vietnam food economy. Established in Ha Noi in 2008, HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY has spent more than seventeen years building nationwide distribution capabilities for food products, food ingredients, and imported frozen foods, serving manufacturers, retailers, and food service operators across Vietnam.

Understanding the Food Distribution Industry in Vietnam

Vietnam food industry is undergoing a structural shift. As urbanization accelerates and consumer habits evolve, demand is moving away from fragmented traditional supply chains toward organized distributors capable of ensuring food safety, cold chain integrity, and consistent quality. This shift is driven by three forces: rising middle class consumption, stricter food safety regulations, and the rapid expansion of modern retail and food service.

Food distributors no longer act merely as traders. They function as logistics managers, quality controllers, and compliance intermediaries between global suppliers and domestic buyers. Companies that can manage cold storage, imported sourcing, and nationwide delivery are increasingly central to the system.

Where HOLAFOODS Fits in This Industry Structure

HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY operates as a joint stock company with foreign direct investment status. Its majority shareholder is TOMIZAWA SHOUTEN INC. of Japan, holding more than three quarters of equity. This ownership structure anchors the company within a broader regional sourcing and quality control framework, particularly relevant in food ingredients and frozen food distribution, where consistency and safety standards are non negotiable. The company maintains operational presence not only in Ha Noi but also in Ho Chi Minh City, Da Nang, and Bac Ninh, reflecting a national distribution strategy rather than a single region focus.

What the Company Actually Does on the Ground

HOLAFOODS core business lies in wholesale distribution of food, food ingredients, baking supplies, and imported frozen foods. Its registered activities extend into logistics, packaging, equipment leasing, and transportation support services. This breadth is typical of food distributors that aim to control multiple points of the supply chain to reduce dependency risks and improve service reliability.

In practice, this means the company is positioned between overseas producers and Vietnam fast growing food manufacturing and food service sectors.

One Financial Signal That Shows Operating Scale

In 2023, HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY recorded about $71.05 million in total sales.
In food distribution, revenue scale is a proxy for throughput and network relevance rather than margin strength. This level of sales confirms that the company operates at a meaningful national scale within Vietnam food supply system.

Reading Performance Through an Industry Lens

Sales declined year over year, reflecting broader normalization after post pandemic demand spikes and inventory adjustments across the food sector. At the same time, profit rebounded strongly, signaling improved cost control and operational discipline. This combination is instructive. In food distribution, volume volatility is common, but profitability recovery often indicates better procurement management, pricing discipline, or logistics efficiency.

Working capital remained relatively stable, which is particularly important in a sector where inventory financing and receivables management can quickly strain cash flow.

Global Context and Why Demand Remains Structural

Globally, food distribution is becoming more consolidated and professionalized. Safety standards, traceability requirements, and cold chain expectations continue to rise. Vietnam follows this global pattern, driven by regulatory tightening and consumer awareness. Imported frozen foods and specialized ingredients are expected to see sustained demand growth as food processing and food service expand. This trend favors distributors with foreign sourcing relationships, operational scale, and nationwide coverage.

Why This Company Is Worth Closer Attention

HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY represents a class of Vietnamese food distributors that are transitioning from traditional trading models to integrated distribution platforms. Its foreign ownership, national footprint, and ability to maintain profitability during demand normalization suggest underlying operational resilience.

VNBIS Insight Preview and Next Step

This overview introduces HOANG LAM TRADING AND FOODS TECHNOLOGY JOINT STOCK COMPANY within the broader Vietnam food distribution and ingredients market, without disclosing sensitive supplier or customer concentration details. The full VNBIS Company Comprehensive Report provides verified legal information, ownership structure, multi year financial analysis, liquidity behavior, and risk indicators used by lenders, insurers, and strategic partners. AVAILABLE AT www.vnbis.com

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