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VIETNAM NORTHERN FOOD CORPORATION LTD

Active

Business ID 0100102608

84-277 / 376 2191

VIETNAM NORTHERN FOOD CORPORATION LTD

Active

Business ID 0100102608

84-277 / 376 2191

VIETNAM NORTHERN FOOD CORPORATION LTD

Active

Summary

Name:

VIETNAM NORTHERN FOOD CORPORATION LTD

Business ID (TIN):

0100102608

Date of Registration:

20 Jul 2010

Registered Office:

Ha Noi Department of Planning and Investment

Address:

20/5B, Tan Loi B Hamlet, Tan Quy Tay Commune, Sa Dec Town, Sa Dec City, Dong Thap Province, Vietnam

Phone:

84-277 / 376 2191

Financial Statement:

2020, 2021, 2022, 2023, 2024

Introduction

VIETNAM NORTHERN FOOD CORPORATION LTD (VINAFOOD1) is a state-owned enterprise playing a crucial role in Vietnam’s agricultural sector. With over 14 years of operational excellence, the company has built a strong reputation in the wholesale trade of rice, wheat, and other cereals. As one of the largest food suppliers in the country, VIETNAM NORTHERN FOOD CORPORATION LTD continues to grow its business through strategic operations and financial stability.

Legal Status and Business Overview

Founded on July 20, 2010, VIETNAM NORTHERN FOOD CORPORATION LTD is registered as a one-member limited liability company with full state ownership under the Ministry of Agriculture and Rural Development of Vietnam. The company is headquartered at No. 6, Ngo Quyen Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City, Vietnam, with several branches across the country.

VINAFOOD1’s business activities include:

Processing and trading agricultural products and foodstuffs
Ensuring food security and stabilizing market prices
Wholesale of rice, wheat, cereals, and wheat flour
Trading fertilizers, agricultural materials, and essential consumer goods
Expanding operations in post-harvest crop activities, food processing, and beverage retail

Key Personnel

The leadership team at VIETNAM NORTHERN FOOD CORPORATION LTD is composed of experienced executives dedicated to the company’s success:

Chairwoman: Ms. Bui Thi Thanh Tam
General Director: Mr. Phan Xuan Que
Deputy General Director: Mr. Pham Ngoc Tien

This leadership structure has enabled VINAFOOD1 to maintain its strong market position and drive consistent financial performance.

Financial Performance and Growth

VIETNAM NORTHERN FOOD CORPORATION LTD has demonstrated impressive financial stability, with a consistent upward trend in revenue and profitability. As of December 31, 2023, the company's financial highlights are as follows:

Total Assets: USD 597.97 million (16.12% YoY growth)
Total Sales: USD 502.54 million (18.22% YoY growth)
Owner's Equity: USD 286.07 million (1% YoY growth)
Profit: USD 9.39 million (6.74% YoY growth)
Net Worth: USD 263.93 million
Working Capital: USD 302.93 million

These figures reflect VIETNAM NORTHERN FOOD CORPORATION LTD's strong financial footing, allowing it to expand operations, invest in technological advancements, and improve efficiency in agricultural processing.

Conclusion

As a key player in Vietnam’s agricultural industry, VIETNAM NORTHERN FOOD CORPORATION LTD continues to strengthen its presence through financial growth and strategic management. With a firm commitment to food security, market stability, and innovation, VINAFOOD1 remains a dominant force in the wholesale food industry.

For more information, visit their official website at www.vinafood1.com.vn.

Legal Profile

English Name:

VIETNAM NORTHERN FOOD CORPORATION LTD

Vietnamese Name:

TỔNG CÔNG TY LƯƠNG THỰC MIỀN BẮC

Short Name:

VINAFOOD1

Business ID (TIN):

0100102608

Date of Registration:

20 Jul 2010

Registered Office:

Ha Noi Department of Planning and Investment

Ownership Status:

State-owned

Operation Status:

Active

Contacts

Key Decision Makers:

+ BUI T.T.T

+ PHAN X.Q

+ PHAM N.T

+ TRAN S.H

+ PHAM T.B

+ HOANG T.L

Address:

20/5B, Tan Loi B Hamlet, Tan Quy Tay Commune, Sa Dec Town, Sa Dec City, Dong Thap Province, Vietnam

Phone:

84-277 / 376 2191

Head Office:

No. 6, Ngo Quyen Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City, Vietnam

Branch:

Group 9, An Thanh Hamlet, Hoa An Commune, Cho Moi District, An Giang Province, Vietnam

Branch:

Group 58, Hoa Tan Hamlet, Tan Hoa Commune, Lai Vung District, Dong Thap Province, Vietnam

Branch:

Thuan Hai Street, Coc Sam 5 Hamlet, Phong Nien Commune, Bao Thang District, Lao Cai Province, Vietnam

Branch:

69 Mai Chi Tho, An Phu Ward, District 2, Ho Chi Minh City, Vietnam

Branch:

No. 6, Ngo Quyen Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City, Vietnam

Branch:

Lot 09, QHDC Island 1A North Ha Thanh River, Dong Da Ward, Quy Nhon City, Binh Dinh Province, Vietnam

Branch:

NNC Building, No. 16Bis, Nguyen Dinh Chieu Street, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam

Branch:

No. 126A, Hung Loi Dong Hamlet, Long Hung B Commune, Lap Vo District, Dong Thap Province, Vietnam

Business Sector

Key business lines:

VSIC:

4631 Wholesale of rice, wheat, other cereals and wheat flour

Industry Sales Growth

CAGR (2019 - 2023)

12.74%

YoY (2023)

16.12%

Companies by industry

Company distribution and propportions

4,010

0.1379%

Key Industry Players

Top 10 companies in wholesale of rice, wheat, other cereals and wheat flour industry

vietnam southern food corporation - joint stock company vietnam northern food corporation ltd kien giang import & export joint stock company thuan minh import export corporation nhat thanh import export joint stock company vi dan rice joint stock company hung phuoc food joint stock company an điền agricultural joint stock company mekong food corp bao lam agriculture joint stock company

Payment History

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Financial Performance

Assets	-92.85%
Owner’s Equity	-87.05%
Working Capital	73.18%
Net Worth	49.87%
Sales	73.00%
Operating income	-9.16%
EBIT	-69.73%
Gross Profit Margin	-28.04%
Debt to EBITDA	48.34%

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Specific Questions About VIETNAM NORTHERN FOOD CORPORATION LTD

When did VIETNAM NORTHERN FOOD CORPORATION LTD start operating?

VIETNAM NORTHERN FOOD CORPORATION LTD was started in 20 Jul 2010

What industry does VIETNAM NORTHERN FOOD CORPORATION LTD operate in?

VIETNAM NORTHERN FOOD CORPORATION LTD is operating in "Wholesale of rice, wheat, other cereals and wheat flour" industry

How can I contact VIETNAM NORTHERN FOOD CORPORATION LTD?

VIETNAM NORTHERN FOOD CORPORATION LTD phone numbers is 84-277 / 376 2191

What adverse news is there about VIETNAM NORTHERN FOOD CORPORATION LTD?

VIETNAM NORTHERN FOOD CORPORATION LTD’s has no negative news

What is stock symbol of VIETNAM NORTHERN FOOD CORPORATION LTD?

VIETNAM NORTHERN FOOD CORPORATION LTD is not listed company

Where is the location of VIETNAM NORTHERN FOOD CORPORATION LTD?

VIETNAM NORTHERN FOOD CORPORATION LTD is located at 20/5B, Tan Loi B Hamlet, Tan Quy Tay Commune, Sa Dec Town, Sa Dec City, Dong Thap Province, Vietnam

What is VIETNAM NORTHERN FOOD CORPORATION LTD’s business registration?

VIETNAM NORTHERN FOOD CORPORATION LTD business registration is 0100102608

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VIETNAM NORTHERN FOOD CORPORATION LTD

VIETNAM NORTHERN FOOD CORPORATION LTD

VIETNAM NORTHERN FOOD CORPORATION LTD

Introduction

Legal Status and Business Overview

Key Personnel

Financial Performance and Growth

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

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VIETNAM NORTHERN FOOD CORPORATION LTD

VIETNAM NORTHERN FOOD CORPORATION LTD

VIETNAM NORTHERN FOOD CORPORATION LTD

Introduction

Legal Status and Business Overview

Key Personnel

Financial Performance and Growth

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

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