VISSAN JOINT STOCK COMPANY

VISSAN JOINT STOCK COMPANY (Vietnamese: CÔNG TY CỔ PHẦN VIỆT NAM KỸ NGHỆ SÚC SẢN, Tax Code: 0300105356) remains a central player in Vietnam’s meat processing and food manufacturing industry. With its head office located at No. 420, No Trang Long Street, Ward 13, Binh Thanh District, Ho Chi Minh City, the company operates under the legal form of a publicly held joint stock company and is listed on the UPCOM stock exchange under the ticker VSN.

Established in 2006, VISSAN has accumulated nearly two decades of operational history. It is currently led by Nguyen P. K. as Chairman, Nguyen N. A. as General Director and Nguyen Q. T. as Deputy Chairman. Together, this leadership team oversees a workforce of nearly 4,000 employees and an expansive business that includes meat processing, food retail, breeding operations and even overseas outreach, such as a representative office in Phnom Penh, Cambodia.

Financially, VISSAN’s 2024 performance reflects a modest decline in scale but a slight recovery in earnings. Total revenue dropped to USD 128.89 million, a 5.91 percent decrease compared to the previous year, continuing a two-year downward trend. Total assets also slipped by 3.3 percent, now standing at USD 86.52 million. However, net profit rose slightly by 3.99 percent, reaching USD 4.56 million, and owner’s equity increased to USD 53.2 million, suggesting that despite tightening margins, the company remains fundamentally sound and efficiently managed.

VISSAN's ownership structure is led by SAIGON TRADING GROUP, which holds 67.77 percent, and MASAN MEATLIFE CORPORATION, which holds 24.94 percent. Both are well-known entities in the Vietnamese corporate ecosystem. This backing adds considerable credibility and stability to the company’s market presence.

With a diversified business license that extends from meat processing to textiles, fertilizers and specialized retail, VISSAN maintains flexibility in operations. However, its core strength remains anchored in food production and meat products, an area it has long dominated in Vietnam.

For stakeholders and risk managers, VISSAN JOINT STOCK COMPANY offers a reliable case of an established enterprise maintaining financial resilience during a period of declining sales. VANGUARD BUSINESS INFORMATION LLC (VBI) encourages clients and partners to rely on up-to-date financial risk assessments and verified corporate intelligence when engaging with major players like VISSAN. As Vietnam's food supply chain grows more complex, transparency and timely data are essential, and VBI stands ready to support that need.