NAM VIET AQUACULTURE FEED PROCESSING ONE MEMBER COMPANY LIMITED

NAM VIET AQUACULTURE FEED PROCESSING ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN CHẾ BIẾN THỨC ĂN THỦY SẢN NAM VIỆT) is a key subsidiary of Nam Viet Corporation, one of Vietnam’s leading seafood conglomerates. The company was officially registered on May 13, 2022, under Business ID 1801723877, with its head office located at Lot A4, Thot Not Industrial Park, Thoi Thuan Ward, Thot Not District, Can Tho City, Vietnam.

Legal Status and Ownership

The company operates as a one-member limited liability enterprise, wholly owned by Nam Viet Corporation, headquartered in An Giang Province. This ownership structure provides solid financial backing and access to the parent’s extensive aquaculture ecosystem, including farming, processing, and export operations. The company’s charter and paid-up capital are both USD 8.22 million, ensuring a sound capital foundation for large-scale feed production.

The company is led by Mr. Nguyen K. D., who serves as Director and oversees production and financial management. Under his direction, the enterprise has become an integral part of Nam Viet Group’s closed aquaculture supply chain, producing high-quality feed for catfish and other aquatic species that support export-oriented seafood production.

Core Business Operations

NAM VIET AQUACULTURE FEED PROCESSING specializes in the manufacture of feeds for cattle, poultry, and aquatic animals, with a primary focus on aquaculture feed. The facility at Thot Not Industrial Park in Can Tho is strategically positioned near the Mekong Delta — Vietnam’s aquaculture hub — providing both logistical and cost advantages. Its operations are fully aligned with the group’s sustainability goals, leveraging advanced feed technology to optimize growth performance while reducing environmental impact.

Financial Overview

As of December 31, 2024, the company reported total assets of USD 27.61 million, a 17.67 percent decrease compared to 2023, reflecting adjustments in inventory and equipment investments. Owner’s equity stood at USD 8.66 million, up 5.12 percent, showing stable capital strength. Sales reached USD 86.03 million, down 17.37 percent, while net profit declined by 33.71 percent to USD 1.24 million.

Despite reduced revenue, the company maintained a working capital position of USD 6.56 million, up 11.84 percent year-on-year, signaling strong liquidity management. The profit decline largely stems from fluctuations in raw material costs and tighter export margins in the global aquafeed market.

Risk Evaluation and Outlook

From a financial risk management perspective, NAM VIET AQUACULTURE FEED PROCESSING presents a low-to-moderate credit risk profile. Backed by a financially stable parent company, the firm benefits from secure capital and consistent demand from Nam Viet’s integrated seafood operations. However, its profitability remains exposed to raw material price volatility, global aquaculture feed competition, and environmental compliance costs.

As evaluated by Vanguard Business Information LLC (VNBIS), the company’s performance indicates a sound liquidity position and a reliable ownership base. However, careful monitoring of input costs and export market trends remains necessary. Its solid equity and operational efficiency allow it to continue supporting the broader Nam Viet Group’s mission of sustainable aquaculture development, while adhering to the VNBIS principle of Minimizing Financial Risks and Maximizing Business Opportunities.