TAN MAI TRADING, PROCESSING AND SERVICE JOINT STOCK COMPANY

TAN MAI TRADING, PROCESSING AND SERVICE JOINT STOCK COMPANY, locally known as CÔNG TY CỔ PHẦN SẢN XUẤT, THƯƠNG MẠI VÀ DỊCH VỤ TÂN MAI, is a privately held company specializing in agricultural trading and food processing. Established in 2005, the company is headquartered in Hanoi, focusing on wholesale distribution of agricultural raw materials, canned food processing, and importation of animal feed ingredients.

TAN MAI reported total sales of USD 783.58 million in 2023, a 20.61 percent increase from the previous year, signaling strong demand for its processed food and agricultural products. However, profit declined by 21.11 percent to USD 244,296, indicating cost pressures and margin challenges. The company’s total assets also dropped by 11.61 percent, reflecting a slowdown in investment or capital allocation.

Operating under Business ID 0105283179, with its Tax Identification Number (TIN) 0105283179, Tan Mai is led by director Nguyen Mai Thu. With a charter capital of USD 4.1 million and 50 employees, the company operates a diverse business model, including food manufacturing, agricultural trade, and warehousing services.

Despite strong sales growth, Tan Mai faces declining profitability, market fluctuations, and operational scalability challenges. VBI’s risk assessment suggests that improving cost efficiency, expanding distribution networks, and leveraging strategic partnerships could enhance long-term financial stability and market competitiveness.