VINH HUNG FOOD LIMITED COMPANY (CÔNG TY TNHH MTV LƯƠNG THỰC VĨNH HƯNG)

VINH HUNG FOOD LIMITED COMPANY, Business ID 1101452364, is a Tay Ninh–based enterprise specializing in the trading and wholesale of rice and cereals. Founded in 2011 and now employing about 100 workers, the company operates in one of Vietnam’s most competitive and commodity-driven industries—where pricing, inventory management, and capital structure often determine survival more than branding or technology.

The financial picture is striking. Total assets fell sharply to USD 7.12 million, while sales plunged to USD 34.8 million(▼62.12%). Profit also dropped deeply, reaching –USD 1.19 million. But the most eye-catching detail is the company’s negative equity of –USD 3.35 million and net worth of –USD 4.53 million, meaning liabilities exceed assets—a red flag for any partner relying on stability or long-term commitments.

Yet despite these challenges, VINH HUNG remains active and fully owned by Lộc Trời Group, one of Vietnam’s most established agricultural companies. This ownership link adds an unexpected twist: How does a company with negative net worth continue operating? What strategic purpose does it serve within a much larger corporate ecosystem? And is its current financial downturn part of a restructuring plan or simply the result of volatile rice-market cycles?

For traders, suppliers, or investors navigating Vietnam’s agricultural sector, VINH HUNG is a company that raises more questions than answers—exactly the kind of situation where an updated full report from VNBIS becomes essential to understand its real risk exposure, relationship with Lộc Trời, and future viability.