UNI-PRESIDENT VIETNAM CO., LTD (CÔNG TY TNHH UNI-PRESIDENT VIỆT NAM), established in 1999, is one of the most recognizable foreign-invested enterprises in Vietnam's processed food and animal feed industry. With headquarters in Di An City, Binh Duong Province, and branches stretching from Tien Giang to Quang Nam and Hai Phong, the company has a significant nationwide footprint. It produces a wide range of goods including instant noodles, animal feed, flour, and beverages, playing a vital role in both consumer and industrial supply chains.

Vietnam’s food and beverage sector has seen explosive growth in recent years, but so too has competition and scrutiny. UNI-PRESIDENT, though long present, now faces more challenges than ever in maintaining its dominance.

Financial Decline Amid Sales Stability

In 2023, UNI-PRESIDENT VIETNAM posted USD 415.6 million in revenue, only slightly down by 0.79% from the previous year. However, its profit dropped by nearly 7% to USD 12.9 million, continuing a downward trend that began after 2021. Notably, the company’s total assets fell by 18.35%, indicating a possible scaling down of operations, asset liquidation, or a pullback in capital investment.

Despite this, equity still rose by 6.06%, suggesting that shareholder funding or retained earnings are helping to maintain balance sheet strength. However, such financial contrasts reflect a business at a crossroads: still stable but no longer riding the growth curve it once enjoyed.

Controversy: Product Quality Concerns and Labeling Disputes

UNI-PRESIDENT has also faced its share of public scrutiny in Vietnam and the region. In past years, several of its instant noodle products were involved in regional controversies regarding labeling standards and product safety. While no major safety violations have been confirmed in Vietnam recently, the brand's name occasionally appears in consumer forums discussing unclear ingredient sourcing, particularly with respect to MSG use, preservatives, and artificial flavoring.

Additionally, the company has previously faced questions regarding competitive pricing strategies that undercut local producers, especially in the animal feed segment. This has raised concerns among Vietnamese agricultural suppliers about the long-term impact of dominant FDI players on domestic competitiveness.

Foreign Ownership and Tax Structuring

UNI-PRESIDENT VIETNAM is 100% owned by a Cayman Islands-based entity, which, although legal, aligns with a growing global trend where tax minimization strategies through offshore jurisdictions draw public attention. This ownership structure invites debate about the level of reinvestment and tax contribution such enterprises make to host countries like Vietnam.

Consider Professional Verification

Given its strategic position and the mixture of financial signals and occasional public concerns, businesses and investors considering working with UNI-PRESIDENT VIETNAM should seek thorough due diligence. The Business Verification and Risk Management Service by Vanguard Business Information (VBI) provides access to private financial data and risk insights not publicly available. VBI reports offer a deeper look into the company’s financial health, legal compliance, and creditworthiness—key for managing risk in supply chains or investment decisions.

Final Word

UNI-PRESIDENT VIETNAM CO., LTD remains a major force in Vietnam’s fast-moving consumer goods (FMCG) and feed industry. But behind the scale lies a complex picture: slowing growth, fluctuating profits, and periodic controversy over business practices. For stakeholders, this is not a company to avoid—but one to approach with eyes wide open and facts in hand.