VI DAN RICE JOINT STOCK COMPANY

VI DAN RICE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN GẠO VÌ DÂN) is a privately held joint stock company registered under business ID and tax code 6300306085, with its main office in Hau Giang Province and a Hanoi-based transaction hub at the Diamond Flower Tower. Officially incorporated on August 8, 2018, the company specializes in the wholesale of rice, wheat, and other cereals for both human and animal consumption.

In 2023, VI DAN RICE JOINT STOCK COMPANY reported sales of USD 336.4 million, but this marked a sharp drop of nearly 29% compared to 2022. Total assets also decreased to USD 131.3 million, while net profit declined to just USD 11,967, reflecting the pressure of a volatile global food market. Equity remained stable at USD 8.26 million, but the profit margin was notably thin.

Led by Mr. NGO SY GIANG, the company operates with a small core staff of 20 and relies on a lean structure. Despite its strong presence in Vietnam’s rice trade, the outlook remains uncertain due to pricing fluctuations, logistics costs, and competition.

For businesses and investors exploring trade or credit relationships with VI DAN RICE JOINT STOCK COMPANY, it is crucial to have access to updated company reports and risk analysis. VANGUARD BUSINESS INFORMATION LLC (VBI) provides due diligence services, including credit assessments, shareholder verification, and financial health checks, helping partners minimize risk and ensure smart decision-making.

For detailed reports and ongoing monitoring, visit https://www.vnbis.com, the trusted source for risk management and company verification in Vietnam.