SON TIN COMMODITY EXCHANGE JOINT STOCK COMPANY

SON TIN COMMODITY EXCHANGE JOINT STOCK COMPANY (Vietnamese: CÔNG TY CỔ PHẦN GIAO DỊCH HÀNG HÓA SƠN TÍN) is a privately held enterprise operating in Vietnam’s food and agricultural commodity trading sector. Established in July 2009 and headquartered in District 10, Ho Chi Minh City, the company is best known for its core activity of trading sugar, alongside a broader scope of registered activities that include food wholesaling, agricultural commodities, logistics-related services, and warehousing.

From a legal perspective, SON TIN COMMODITY is structured as a joint stock company, with a charter capital of approximately USD 6.16 million. Despite its relatively small workforce of around 10 employees, the company manages a large trading scale, reflecting a business model that is asset- and capital-intensive rather than labor-intensive, typical of commodity trading firms.

In terms of governance, the company is led by Vu Q. V., who serves concurrently as Chairman and General Director, concentrating strategic and executive authority at the top level. Financial oversight is handled by Vo T. T. A., the Chief Accountant, supporting compliance and financial reporting amid volatile commodity cycles.

One notable financial point is that total assets expanded sharply to about USD 102.24 million in 2023, a year-on-year increase of more than 50 percent, indicating a significant scaling-up of trading positions or inventory. While profitability can fluctuate markedly in this sector, this asset growth underscores SON TIN COMMODITY’s active role and risk exposure in Vietnam’s food and agricultural commodity markets. For banks and counterparties, a detailed assessment from VNBIS (Vanguard Business Information LLC) is essential to evaluate leverage, working-capital dynamics, and counterparty risk beyond headline revenue figures.