NEW HOPE HOCHIMINH CITY CO., LTD

NEW HOPE HOCHIMINH CITY CO., LTD., established on August 27, 1999, is one of Vietnam’s longest-operating foreign-invested enterprises in the animal feed industry. Operating under Business ID: 0301809154, the company is headquartered at Lot B17/I, B18/II, B19/II, B20/II, Road 2A, Vinh Loc Industrial Park, Binh Hung Hoa B Ward, Binh Tan District, Ho Chi Minh City. With over 26 years of operation and 235 employees, the company has become a core part of the New Hope Group’s regional network, serving as a strategic production base for the southern Vietnam livestock and aquaculture markets.

Leadership and Ownership

The company is managed by General Director Mr. Gou Y. H. and Chief Accountant Mr. Huang Y. S., both Chinese nationals with extensive industry experience. NEW HOPE HOCHIMINH CITY is a one-member limited liability company (FDI), wholly owned by NEW HOPE SINGAPORE PTE. LTD., which holds 100% ownership. The enterprise maintains a charter capital of USD 2.39 million, reflecting its consistent investment and stability since inception.

Business Operations and Market Position

The company specializes in manufacturing and trading feeds for cattle, poultry, and aquatic animals, supplying large-scale farms and agricultural distributors nationwide. It also wholesales agricultural raw materials and livestock, contributing to Vietnam’s growing demand for high-quality animal nutrition products. Leveraging its parent company’s advanced research and feed formulation technology, NEW HOPE HOCHIMINH CITY has maintained a strong reputation for reliable supply and quality consistency.

Remarkable Financial Recovery in 2023

After a year of modest performance in 2022, NEW HOPE HOCHIMINH CITY achieved an impressive profit surge in 2023, demonstrating improved operational efficiency and favorable market conditions.
Total assets grew to USD 18.26 million, a 16.1% increase year-on-year. Owner’s equity remained stable at USD 8.59 million, down only 0.37%. Sales revenue reached USD 101.1 million, up 0.47% from 2022, indicating steady demand despite global price volatility. Most notably, net profit jumped 61.78%, reaching USD 6.19 million, significantly improving from USD 3.82 million in 2022. Working capital also strengthened by 11.83%, totaling USD 2.72 million, reflecting solid liquidity and operational control.

The most remarkable indicator is the company’s profit rebound, which outpaced revenue growth. This signaled better cost management, improved productivity, and favorable raw material procurement.

Strategic Outlook and Industry Implications

As part of the New Hope Group, one of Asia’s largest agribusiness conglomerates, NEW HOPE HOCHIMINH CITY continues to benefit from robust technical support, advanced feed technology, and an extensive distribution network across Vietnam. Its 2023 results underline a successful recovery from input cost challenges in previous years and reaffirm its position as a key foreign investor in Vietnam’s agricultural and livestock industries.

NEW HOPE HOCHIMINH CITY CO., LTD stands out for its sustained profitability, stable capital base, and strategic contribution to modernizing Vietnam’s feed and livestock sector. The company’s continued growth reflects the increasing synergy between international expertise and local agricultural development — a trend expected to strengthen further in the coming years.

For verified company data and detailed financial assessments, VNBIS provides professional Company Reports and Credit Analyses on NEW HOPE HOCHIMINH CITY CO., LTD and other major enterprises in Vietnam’s agribusiness sector, supporting risk evaluation and informed decision-making for investors and partners.