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SAIGON TRADING GROUP

Active

Business ID 0300100037

84-28 / 3836 8735

SAIGON TRADING GROUP

Active

Business ID 0300100037

84-28 / 3836 8735

SAIGON TRADING GROUP

Active

Summary

Name:

SAIGON TRADING GROUP

Business ID (TIN):

0300100037

Date of Registration:

27 Nov 2010

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Address:

No. 275B, Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3836 8735

Fax:

(84-28) 3836 9327

Financial Statement:

2020, 2021, 2022, 2023, 2024

SAIGON TRADING GROUP (SATRA): A Giant with Billion-Dollar Assets and Sharp Profit Fluctuations

SAIGON TRADING GROUP (TỔNG CÔNG TY THƯƠNG MẠI SÀI GÒN – TNHH MỘT THÀNH VIÊN), also known as SATRA, is one of Vietnam’s most expansive and diversified state-owned enterprises, operating across trade, services, production, and import-export. With over USD 1.14 billion in total assets and a labor force of 16,000 employees, SATRA stands out not only for its scale but also for its duality: strong balance sheet growth yet highly volatile profitability.

A Massive Footprint with State Ownership

Legally registered under Business ID and Tax Code 0300100037, SAIGON TRADING GROUP was officially established on November 27, 2010, though its roots trace back decades earlier under municipal governance. It is a one-member limited liability company wholly owned by the People’s Committee of Ho Chi Minh City, which speaks to its importance as a strategic asset in the city’s economic development agenda.

Headquartered at 275B Pham Ngu Lao Street, District 1, Ho Chi Minh City, SATRA operates multiple retail, logistics, and trading outlets throughout southern Vietnam, including locations in Binh Duong and several districts in HCMC.

Financial Highlights: Enormous Capital, Uneven Profit

According to data verified by VANGUARD BUSINESS INFORMATION LLC (VBI) — a reliable source of Private Financial Data and Business Verification Services — SATRA recorded the following for fiscal year 2023:

Total Assets: USD 1.14 billion (slightly down by 1.23%)
Owner’s Equity: USD 977.12 million
Sales Revenue: USD 402.25 million (up 17.49%)
Net Profit: USD 94.3 million (down 54.87%)
Working Capital: USD 614.3 million

While the growth in sales revenue is impressive, the stark decline in profit by over 50% stands out. In 2022, SATRA posted an extraordinary profit of over USD 208 million, which makes the 2023 profit contraction one of the most significant reversals among Vietnam’s top state-run firms. The reasons are not publicly disclosed, but possible contributors could include cost overruns, divestments, or shifts in product mix and margins.

A Conglomerate of Commerce and Infrastructure

SATRA’s operational diversity is staggering. Its registered business activities range from:

Retail and wholesale trade (including rice, electronics, fuel, and food)
Import-export and logistics
Real estate, warehousing, postal, and advertising services
Construction and civil engineering
Tour operations and telecom equipment retail

This sprawling portfolio offers resilience but may also create complexity in corporate governance and performance tracking — especially under a public ownership model.

Verified by VBI: A Transparent Enterprise Under State Oversight

All corporate and financial details in this report have been authenticated by VANGUARD BUSINESS INFORMATION LLC (VBI). As a premier provider of Business Verification Services and Private Financial Data, VBI ensures SATRA’s operations meet rigorous standards of transparency — a crucial requirement for state-owned enterprises and their public accountability.

Conclusion: A Powerful, Public Entity with Both Scale and Volatility

SAIGON TRADING GROUP (SATRA) is a symbol of Vietnam’s hybrid economic model — blending public sector mandate with commercial ambition. While its billion-dollar asset base and expansive workforce underscore its significance, the dramatic drop in profit over the past year raises important questions about operational efficiency and financial sustainability.

Nonetheless, backed by state ownership and verified by VANGUARD BUSINESS INFORMATION LLC (VBI), SATRA remains a cornerstone of Ho Chi Minh City’s economic ecosystem, and one to watch as Vietnam continues its push toward market-oriented reforms and global trade integration.

Legal Profile

English Name:

SAIGON TRADING GROUP

Vietnamese Name:

TỔNG CÔNG TY THƯƠNG MẠI SÀI GÒN - TNHH MỘT THÀNH VIÊN

Short Name:

SATRA

Business ID (TIN):

0300100037

Date of Registration:

27 Nov 2010

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ownership Status:

State-owned

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN H.N

+ LAM Q.T

+ HA N.S

+ NGUYEN T

+ HA N.S

+ NGUYEN T

+ NGUYEN P.T

Address:

No. 275B, Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3836 8735

Fax:

(84-28) 3836 9327

Branch:

Area 10, An Binh Ward, Di An City, Binh Duong Province, Vietnam

Branch:

No. 460, 3 Thang 2 Street, Ward 12, District 10, Ho Chi Minh City, Vietnam

Branch:

Quarter 6, Ward 7, District 8, Ho Chi Minh City, Vietnam

Branch:

No. 204-206, Le Thanh Ton Street, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam

Branch:

Lot III, Binh Dien Commercial Area, Quarter 6, Nguyen Van Linh Street, Ward 7, District 8, Ho Chi Minh City, Vietnam

Branch:

No. 1239, Provincial Road 8, Thanh An Hamlet, Trung An Commune, Cu Chi District, Ho Chi Minh City, Vietnam

Branch:

No. 9-11, Phan Chu Trinh Street, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam

Branch:

No. C6/27, Pham Hung Street, Binh Hung Commune, Binh Chanh District, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4711 Retail sale in non-specialized stores with food, beverages, tobacco or aztec tobacco predominating

NACE:

47.11 Retail sale in non-specialised stores with food, beverages or tobacco predominating

Industry Sales Growth

CAGR (2019 - 2023)

-0.94%

YoY (2023)

10.50%

Companies by industry

Company distribution and propportions

1,829

0.0629%

Key Industry Players

Top 10 companies in retail sale in non-specialized stores with food, beverages, tobacco or aztec tobacco predominating industry

saigon trading group branch in hochiminh city of general trading service and distribution company limited general trading, service and distribution company limited minh khai trading joint stock company viet nam family convenience stores company limited ministop vietnam company limited hoang son trading investment joint stock company gs 25 vietnam limited liability company (translated name) phat phuoc thanh one member company limited quoc thang agricultural trade services company limited

Payment History

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Financial Performance

Assets	80.01%
Owner’s Equity	-79.67%
Working Capital	80.61%
Net Worth	25.22%
Sales	92.22%
Operating income	79.91%
EBIT	40.41%
Gross Profit Margin	34.15%
Debt to EBITDA	-24.36%

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Specific Questions About SAIGON TRADING GROUP

When did SAIGON TRADING GROUP start operating?

SAIGON TRADING GROUP was started in 27 Nov 2010

What industry does SAIGON TRADING GROUP operate in?

SAIGON TRADING GROUP is operating in "Retail sale in non-specialized stores with food, beverages, tobacco or aztec tobacco predominating" industry

How can I contact SAIGON TRADING GROUP?

SAIGON TRADING GROUP phone numbers is 84-28 / 3836 8735

What adverse news is there about SAIGON TRADING GROUP?

SAIGON TRADING GROUP’s has 2 bad news

What is stock symbol of SAIGON TRADING GROUP?

SAIGON TRADING GROUP is not listed company

Where is the location of SAIGON TRADING GROUP?

SAIGON TRADING GROUP is located at No. 275B, Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, Ho Chi Minh City, Vietnam

What is SAIGON TRADING GROUP’s business registration?

SAIGON TRADING GROUP business registration is 0300100037

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SAIGON TRADING GROUP

SAIGON TRADING GROUP

SAIGON TRADING GROUP

SAIGON TRADING GROUP (SATRA): A Giant with Billion-Dollar Assets and Sharp Profit Fluctuations

A Massive Footprint with State Ownership

Financial Highlights: Enormous Capital, Uneven Profit

A Conglomerate of Commerce and Infrastructure

Verified by VBI: A Transparent Enterprise Under State Oversight

Conclusion: A Powerful, Public Entity with Both Scale and Volatility

Company Profile Report

Company Standard Report

Comprehensive Report

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SAIGON TRADING GROUP

SAIGON TRADING GROUP

SAIGON TRADING GROUP

SAIGON TRADING GROUP (SATRA): A Giant with Billion-Dollar Assets and Sharp Profit Fluctuations

A Massive Footprint with State Ownership

Financial Highlights: Enormous Capital, Uneven Profit

A Conglomerate of Commerce and Infrastructure

Verified by VBI: A Transparent Enterprise Under State Oversight

Conclusion: A Powerful, Public Entity with Both Scale and Volatility

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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