'Roll call' of 5 major Thai corporations in Vietnam

(Baonghean.vn) -The wave of Thai businesses penetrating the Vietnamese market began decades ago with rapid steps, creating their own marks.There are many Thai businesses that are doing stable business and making significant contributions, among which the following 5 corporations can be mentioned:

1. Amata Group Corporation

Amata Industrial Park in Dong Nai.

As a major industrial city developer in Asia, Mr. Vikrom Kromadit's Amata Group (Thailand) quickly made a name for itself in Vietnam when it invested in building the Amata Industrial Park in Bien Hoa, Dong Nai in 1994 with an area of ​​700 hectares. The total investment capital in this "model" industrial park has so far reached more than 1.9 billion USD.

In 2012, Amata decided to invest in the Amata Express City project in Long Thanh, Dong Nai with a scale of 1,285 hectares. Of which, 410 hectares are for a high-tech industrial park, the rest is for urban services, residential areas, financial centers, etc. The total investment capital of the project is 530 million USD. Of which, Amata will hold 80.5%, while Sonadezi Industrial Park Development Corporation (Dong Nai province) will contribute 19.5%.

In addition to the above projects, Amata also went to Quang Ninh to establish the 3,000-hectare Future City project (industrial park combined with urban area) to attract Thai investors.

» Nghe An will start construction of billion-dollar industrial park in October

2. CP Group - No. 1 enterprise in Vietnam's livestock industry

CP Vietnam factory in Bien Hoa Industrial Park (Dong Nai).

CP Group (Charoen Pokphand Group) was established in 1921; entered the Vietnamese market right when the country began to open up. In 1993, CP Vietnam Livestock Company Limited was established and built an animal feed factory in Dong Nai province.

CP Vietnam operates in the agro-industrial sector, the closed food industry: Animal husbandry, processing of livestock, poultry and seafood. Since then, CP Vietnam (CPV) has continuously expanded production and operations in 3 main areas: Animal feed industry (Feed), farm industry (Farm), food industry (Food).

In 2014, CP Vietnam achieved revenue of 2.07 billion USD, of which the animal feed sector alone achieved 867 million USD. The rest came from livestock and food processing with 1.2 billion USD. It is worth mentioning that not many FDI enterprises in Vietnam have achieved impressive revenue figures of over 2 billion USD like CP Vietnam.

With a scale of about 6 billion USD/year for animal feed and 18 billion USD/year for meat products, Vietnam's livestock industry is an extremely attractive market. And CP is seizing and leading this opportunity in the Vietnamese market.

3. BJC Group - establishing its position as the 'boss' of Vietnam's retail industry

Illustration photo.

BJC Group owns leading retail brands in Vietnam such as Metro system, B's mart (formerly Family Mart) and Robins chain.

Metro currently has 19 hypermarkets across the country. This is one of the largest, most successful and most customer-oriented supermarket chains in Vietnam. In 2014, BJC acquired this chain from Metro Group (Germany).

B's mart currently has dozens of stores in Ho Chi Minh City and is growing rapidly across the country. Acquired from a Japanese partner and renamed from Family Mart, B's mart shows BJC's determination to develop its retail system in Vietnam.

Robins are newly opened Thai specialty supermarkets in Vietnam. Robins supermarkets cover thousands of square meters and are located in central locations, large shopping areas with stores selling children's fashion, men's fashion, women's fashion, lingerie, sports, beauty, shoes, backpacks - handbags and home goods.

4. Siam Cement Group (SCG) - 'giant' in the field of construction materials

Illustration photo.

Siam Cement Mining Corporation or SCG, is the largest cement company in Thailand. In 2011, SGC was ranked the 2nd largest company in Thailand and 620th in the world by Forbes 2000.

SCG Group has been operating in the Vietnamese market for more than 20 years, and currently has 20 subsidiaries in Vietnam specializing in construction materials, such as cement, tiles, wrapping paper, petrochemicals, etc.

One of SCG's notable deals in Vietnam was the acquisition of Buu Long Cement Factory in Dong Nai and the purchase of 85% of shares of Prime Group Joint Stock Company (Vietnam) for 7.2 billion baht (nearly 5,000 billion VND) at the end of 2012.

The most recent deal is TC Plastic Packaging Company, a member company of SCG, acquired 80% of shares of Tin Thanh Packaging Joint Stock Company.

5. Thai Corp International – retail giant

Illustration photo.

Thai Corp International (Vietnam) Co. Ltd. (“TCI”) is a leading FMCG distribution company with 19 years of experience in the Vietnamese market.

TCI works with all major distribution channels and has more than 300 sales representatives in provinces and cities to take care of all distributors and retail stores across Vietnam. TCI provides faster service directly to supermarkets, agents, wholesale and retail stores in Ho Chi Minh City. Currently, TCi has a distribution network in 63 provinces and cities with more than 1,000 agents for more than 50,000 retail stores in Vietnam.

With the main function of selling and distributing, TCI is the main distributor of major consumer products from Thailand and other countries such as Red Bull energy drink, Three Girls canned fish, Cellox and Zilk tissue paper, Duch Mill dairy products, Mama instant noodles, Nestle and Bear dairy products, ThaiBev alcoholic products and Brandy, Bireley fruit juice, Want Want and Dozo rice cakes. All these branded products are known and accepted by Vietnamese consumers.

Peace

(Synthetic)