TONG WEI VIET NAM CO., LTD
ActiveTONG WEI VIET NAM CO., LTD
ActiveTONG WEI VIET NAM CO., LTD
ActiveSummary
TONG WEI VIET NAM CO., LTD (CÔNG TY TNHH TONG WEI VIỆT NAM) is a fully foreign-owned enterprise operating in the heart of Vietnam’s agricultural sector, with a strategic focus on the manufacturing of feed for aquatic animals, poultry, and livestock. Officially established on August 31, 2007, and registered with the Tien Giang Province Department of Planning and Investment, the company has grown steadily over its 17 years of operation and now stands as a key player in Vietnam’s feed industry.
With its head office located in Tan Huong Industrial Park, Chau Thanh District, Tien Giang Province, TONG WEI VIET NAM CO., LTD benefits from a prime location near the Mekong Delta—Vietnam’s aquaculture heartland. TONGWEI HOLDING PTE wholly owns the company. LTD (Singapore) highlights its strong backing and international expertise in agri-feed.
In 2023, the company posted impressive financial results, marking a sharp recovery after two consecutive years of decline. Total sales reached USD 143.79 million, up 20.97% year-over-year, while net profit surged to USD 13.52 million, representing a remarkable 53.53% increase. Total assets also expanded by 52.57%, reaching USD 57.49 million, while equity rose by 15.4%, indicating a strong and stable financial foundation.
Chairman cum General Director He D. J., a Chinese national, oversees the company’s revitalized performance and strategic growth. With a workforce of 350 employees, the company operates with lean efficiency while supporting high-volume production.
The company’s main business activities include the production of mixed feed for fish and shrimp, along with registered operations in warehousing, veterinary services, wholesale of agricultural inputs, and technical testing. As Vietnam’s aquaculture industry continues to thrive, TONG WEI VIET NAM CO., LTD is well-positioned to capture greater market share and further consolidate its role as a reliable supplier in the animal feed supply chain.
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Industry Sales Growth
5.81%
0.24%
Companies by industry
2,767
0.0951%
Key Industry Players
Payment History
Financial Performance
| Assets | -77.38% |
| Owner’s Equity | -83.55% |
| Working Capital | 18.32% |
| Net Worth | -81.54% |
| Sales | 81.70% |
| Operating income | 20.68% |
| EBIT | -92.31% |
| Gross Profit Margin | 34.97% |
| Debt to EBITDA | -43.72% |