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MEKONG FOOD CORP

Active

Business ID 1402154001

MEKONG FOOD CORP

Active

Business ID 1402154001

MEKONG FOOD CORP

Active

Summary

Name:

MEKONG FOOD CORP

Business ID (TIN):

1402154001

Date of Registration:

04 Dec 2020

Registered Office:

Dong Thap Province Department of Finance

Address:

DT852 Road, Tan Loc A Hamlet, Tan Duong Commune, Dong Thap Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

MEKONG FOOD CORP (CÔNG TY CP LƯƠNG THỰC MEKONG): A Meteoric Rise in Vietnam’s Rice Export Industry

MEKONG FOOD CORP, business registration number 1402154001, is a privately held joint stock company based in Dong Thap Province, Vietnam. Despite being founded only in late 2020, the company has rapidly emerged as one of the most dynamic players in the Vietnamese agricultural export landscape—particularly in the rice trade. Its stunning growth in revenue, assets, and operational capacity within just a few years positions it as a case study in accelerated expansion within the Mekong Delta’s agribusiness sector.

A Surging Growth Trajectory

Between 2021 and 2023, MEKONG FOOD CORP’s financials grew at breakneck speed. Revenue skyrocketed from USD 15.17 million in 2021 to over USD 302.88 million in 2023, marking a 323.31% increase year-over-year and more than 1,895% cumulative growth in just two years. Equally impressive is its asset expansion: from just USD 1.8 million in 2021 to USD 54.41 million in 2023, reflecting significant capital investment and operating scale.

Net profit reached USD 826,976 in 2023, up over 213% from the previous year. While this figure remains modest relative to revenue, it reflects positive operational margins in a commodity-driven, high-volume industry. Owner’s equity also climbed steeply to USD 7.15 million, suggesting growing retained earnings and reinvestment from founders.

Leadership and Strategy

The company is chaired and led by Mr. Tran Cong Huan, who holds the dual role of Chairman and General Director. His leadership appears central to the company’s speed and decisiveness in market entry and infrastructure development. Though relatively lean with just 200 employees, MEKONG FOOD CORP manages branches in Ho Chi Minh City, Dong Thap, and An Giang, facilitating a vertically integrated network from sourcing to logistics.

Its business lines encompass rice trading and milling, warehousing, packaging, and food distribution, with services also extending to freight transport, real estate consulting, and even industrial cleaning. While this diversity reflects ambition, it also suggests a need for strategic focus as the company grows.

Ownership and Shareholder Notes

The company’s founding shareholders include Nguyen Trong Nghia and Ho Thanh Nhan (each 35%), and Nguyen Hoang Ha (30%). While these details stem from the original founding records and may have changed, no updated shareholder disclosures have been confirmed since the last licensing registration. This opacity could become a concern for partners or investors seeking transparency in corporate governance—especially as the company scales into export markets where international compliance is scrutinized.

Financial Health and Risks

Despite its aggressive growth, MEKONG FOOD CORP maintains positive working capital (USD 3.81 million) and a net worth of USD 5.09 million—strong signs of liquidity and capital efficiency. However, with such a steep growth curve, several risks deserve scrutiny:

Profit margins are thin, typical for the rice industry, but require scale and cash flow precision to remain sustainable.
Rapid expansion, if debt-fueled, could expose the company to repayment and credit risk.
Shareholder and ownership clarity, along with updated governance practices, will be essential if the firm seeks institutional partnerships or financing.

Independent Verification: A Critical Step

Given the volatility of the commodity export sector and the opacity often found in fast-growing Vietnamese private firms, independent risk assessment is crucial. This is where VANGUARD BUSINESS INFORMATION LLC (VBI) adds strategic value. Through credit profiling, shareholder verification, and financial trend analysis, VBI helps clients mitigate exposure while engaging with dynamic but opaque companies like MEKONG FOOD CORP. For exporters, insurers, lenders, and buyers, VBI’s insights offer confidence in commercial dealings by providing an accurate, data-backed picture of operational performance and legal standing.

Conclusion

MEKONG FOOD CORP is undeniably one of Vietnam’s fastest-growing agri-export firms, especially in the Mekong Delta region. Its surge in sales, assets, and visibility points to strong market positioning and bold leadership. But like all companies scaling rapidly in commodity sectors, it must reinforce transparency, financial controls, and governance to transition from a promising startup to a long-term industry leader. With tools and verification services provided by VBI, domestic and international partners alike can monitor this rise with clarity and confidence.

Legal Profile

English Name:

MEKONG FOOD CORP

Vietnamese Name:

CÔNG TY CP LƯƠNG THỰC MEKONG

Short Name:

MEKONG FOOD CORPORATION

Business ID (TIN):

1402154001

Date of Registration:

04 Dec 2020

Registered Office:

Dong Thap Province Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

TRAN C.H

Address:

DT852 Road, Tan Loc A Hamlet, Tan Duong Commune, Dong Thap Province, Vietnam

Representative office:

No. 31, Road No. 19, Quarter 5, An Khanh Ward, Ho Chi Minh City, Vietnam

Branch:

DT852 Road, Tan Loc A Hamlet, Tan Duong Commune, Dong Thap Province, Vietnam

Branch:

Hung My Hamlet, Phu Tan Commune, An Giang Province, Vietnam

Business Sector

Key business lines:

VSIC:

4631 Wholesale of rice, wheat, other cereals and wheat flour

Industry Sales Growth

CAGR (2019 - 2023)

12.74%

YoY (2023)

16.12%

Companies by industry

Company distribution and propportions

4,010

0.1379%

Key Industry Players

Top 10 companies in wholesale of rice, wheat, other cereals and wheat flour industry

vietnam southern food corporation - joint stock company vietnam northern food corporation ltd kien giang import & export joint stock company thuan minh import export corporation nhat thanh import export joint stock company vi dan rice joint stock company hung phuoc food joint stock company an điền agricultural joint stock company mekong food corp bao lam agriculture joint stock company

Payment History

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Financial Performance

Assets	-48.32%
Owner’s Equity	-63.72%
Working Capital	7.96%
Net Worth	-53.82%
Sales	43.51%
Operating income	-8.23%
EBIT	66.64%
Gross Profit Margin	-22.35%
Debt to EBITDA	-96.58%

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Owner's Equity

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Company Standard Report

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Subsidiary and Affiliated Company

Management and Directors

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Business Operation

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Negative Payment Records

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Litigation Records; Negative News

Financial Ratios

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Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About MEKONG FOOD CORP

When did MEKONG FOOD CORP start operating?

MEKONG FOOD CORP was started in 04 Dec 2020

What industry does MEKONG FOOD CORP operate in?

MEKONG FOOD CORP is operating in "Wholesale of rice, wheat, other cereals and wheat flour" industry

How can I contact MEKONG FOOD CORP?

MEKONG FOOD CORP don't share phone numbers information

What adverse news is there about MEKONG FOOD CORP?

MEKONG FOOD CORP’s has no negative news

What is stock symbol of MEKONG FOOD CORP?

MEKONG FOOD CORP is not listed company

Where is the location of MEKONG FOOD CORP?

MEKONG FOOD CORP is located at DT852 Road, Tan Loc A Hamlet, Tan Duong Commune, Dong Thap Province, Vietnam

What is MEKONG FOOD CORP’s business registration?

MEKONG FOOD CORP business registration is 1402154001

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MEKONG FOOD CORP

MEKONG FOOD CORP

MEKONG FOOD CORP

MEKONG FOOD CORP (CÔNG TY CP LƯƠNG THỰC MEKONG): A Meteoric Rise in Vietnam’s Rice Export Industry

A Surging Growth Trajectory

Leadership and Strategy

Ownership and Shareholder Notes

Financial Health and Risks

Independent Verification: A Critical Step

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

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MEKONG FOOD CORP

MEKONG FOOD CORP

MEKONG FOOD CORP

MEKONG FOOD CORP (CÔNG TY CP LƯƠNG THỰC MEKONG): A Meteoric Rise in Vietnam’s Rice Export Industry

A Surging Growth Trajectory

Leadership and Strategy

Ownership and Shareholder Notes

Financial Health and Risks

Independent Verification: A Critical Step

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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