VIETNAM GENERAL CORPORATION OF AGRICULTURAL MATERIALS - JOINT STOCK COMPANY

VIETNAM GENERAL CORPORATION OF AGRICULTURAL MATERIALS - JOINT STOCK COMPANY(TỔNG CÔNG TY VẬT TƯ NÔNG NGHIỆP - CÔNG TY CỔ PHẦN) is a privately held joint stock company established on June 29, 2010, and registered with the Hanoi Department of Planning and Investment. The company specializes in the trading of fertilizers, pesticides, and the export of tea, while also engaging in labor supply activities and various wholesale and construction-related sectors. With a strong presence in the agricultural supply chain, the company plays a pivotal role in supporting Vietnam’s farming and agricultural industries.

Under the leadership of Chairwoman Le Thi Ha Thanh and Director Bui Tuan Long, the company continues to expand its operations across Vietnam. It is officially registered under Business ID 0100104468 and has a Tax Identification Number (TIN) of 0100104468, ensuring full regulatory compliance. The company maintains its headquarters in Hanoi and operational branches in Hai Phong and Ho Chi Minh City, further strengthening its national market coverage.

Financially, VIETNAM GENERAL CORPORATION OF AGRICULTURAL MATERIALS - JOINT STOCK COMPANY has demonstrated steady growth. In 2023, total assets increased to USD 497.02 million, reflecting a 10.17% year-over-year rise, while total sales reached USD 718.92 million, marking a 10.75% increase. However, profitability declined by 10.69%, with net profit standing at USD 1.23 million, indicating potential cost management challenges despite strong revenue expansion. Owner’s equity grew slightly to USD 105.8 million, reinforcing the company’s financial stability and long-term investment capacity.

The company’s core business operations revolve around wholesale distribution of agricultural materials, including fertilizers, pesticides, and food commodities such as rice, wheat, and other cereals. Additionally, the company engages in commission agency activities, wholesale of motor vehicles, telecommunications equipment, and household products, as well as various construction services, including plumbing, air-conditioning installation, and civil engineering projects. With a broad and diversified business portfolio, the company mitigates sector-specific risks while leveraging multiple revenue streams.

Despite steady revenue growth, the company faces profitability concerns and industry fluctuations in the agricultural supply chain. However, its expanding asset base, diverse business operations, and strong national footprint position it for long-term market resilience. Businesses engaging with VIETNAM GENERAL CORPORATION OF AGRICULTURAL MATERIALS - JOINT STOCK COMPANY should conduct comprehensive credit assessments to evaluate financial risks and partnership potential.

This company report is provided by Vanguard Business Information LLC (VBI), a trusted provider of financial intelligence, risk analysis, and business insights. VBI’s comprehensive financial reports empower businesses to minimize risks, enhance decision-making, and establish secure partnerships with companies like VIETNAM GENERAL CORPORATION OF AGRICULTURAL MATERIALS - JOINT STOCK COMPANY. For detailed financial assessments, credit risk evaluations, and industry insights, VBI delivers customized business intelligence solutions to support strategic investments and market expansion.