Listing 5 major Thai corporations in Vietnam.

(Baonghean.vn) -The wave of Thai businesses entering the Vietnamese market began decades ago with rapid moves, creating their own distinct mark.Many Thai businesses are stable and make significant contributions, among which the following five corporations stand out:

1. Amata Group

Amata Industrial Park in Dong Nai.

As a major industrial city developer in Asia, Vikrom Kromadit's Amata Group (Thailand) quickly made a name for itself in Vietnam when it invested in the construction of the Amata Industrial Park in Bien Hoa, Dong Nai in 1994, covering an area of ​​700 hectares. The total investment in this "model" industrial park has now reached over US$1.9 billion.

In 2012, Amata decided to invest in the Amata Express City project in Long Thanh, Dong Nai province, covering an area of ​​1,285 hectares. Of this, 410 hectares were allocated to a high-tech industrial park, with the remainder dedicated to an urban area for services, residential areas, and a financial center. The total investment for the project was $530 million. Amata would hold 80.5% of the shares, while Sonadezi Industrial Park Development Corporation (Dong Nai province) would contribute 19.5%.

In addition to the above projects, Amata is also expanding into Quang Ninh province with the Future City project, a 3,000-hectare industrial and urban complex, to attract Thai investors.

Nghe An will begin construction of a multi-billion dollar industrial park in October.

2. CP Group – the number one enterprise in Vietnam's livestock industry.

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

CP Group (Charoen Pokphand Group) was founded in 1921 and entered the Vietnamese market right from the beginning of the country's opening up. In 1993, CP Livestock Vietnam Co., Ltd. was established and built a feed production plant in Dong Nai province.

CP Vietnam operates in the agro-industrial and food sectors, with a closed-loop system encompassing livestock farming, processing of livestock, poultry, and seafood. Since then, CP Vietnam (CPV) has continuously expanded its production and operations in three main areas: animal feed, farm operations, and food processing.

In 2014, CP Vietnam achieved revenue of US$2.07 billion, of which the animal feed segment alone accounted for US$867 million. The remainder came from livestock farming and food processing, totaling US$1.2 billion. Notably, not many FDI enterprises in Vietnam have achieved such impressive revenue figures of over US$2 billion as CP Vietnam.

With an estimated annual market size of around $6 billion for animal feed and $18 billion 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 'king' of Vietnam's retail industry.

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

Metro currently has 19 hypermarkets spread throughout the country. It is one of the largest, most customer-focused, and most successful supermarket chains in Vietnam. In 2014, BJC acquired this system from the Metro Group (Germany).

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

Robins are a new chain of specialized Thai supermarkets that have recently opened in Vietnam. These Robins supermarkets cover thousands of square meters and are located in central locations within large shopping malls, featuring sections for children's fashion, men's fashion, women's fashion, lingerie, sportswear, cosmetics, shoes, backpacks and bags, and household goods.

4. Siam Cement Group (SCG) - a giant in the construction materials industry.

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Siam Cement Mining Company Limited, or SCG, is the largest cement company in Thailand. In 2011, SCG was ranked the second largest company in Thailand and 620th worldwide by Forbes 2000.

SCG Group has been operating in the Vietnamese market for over 20 years and currently has 20 subsidiaries in Vietnam specializing in building materials such as cement, tiles, packaging paper, petrochemicals, etc.

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

The most recent deal is that TC Plastic Packaging Company, a subsidiary of SCG, has acquired 80% of the shares of Tin Thanh Packaging Joint Stock Company.

5. Thai Corp International – a retail giant

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Thai Corp International (Vietnam) Co. Ltd. (“TCI”) is a leading fast-moving consumer goods (FMCG) distributor with 19 years of experience in the Vietnamese market.

TCI works with all major distribution channels and has over 300 sales representatives in provinces and cities to serve all distributors and retail stores throughout Vietnam. TCI provides faster service directly to supermarkets, agents, wholesalers, and retailers in Ho Chi Minh City. Currently, TCI has a distribution network in 63 provinces and cities with over 1000 agents serving more than 50,000 retail stores in Vietnam.

With its primary function being sales and distribution, TCI is the main distributor of major consumer goods from Thailand and other countries such as Red Bull energy drink, Three Girls canned fish, Cellox and Zilk tissues, Dutch Mill dairy products, Mama instant noodles, Nestle and Bear dairy products, ThaiBev brandy, Bireley fruit juice, Want Want and Dozo rice crackers. All of these well-known brands are recognized and accepted by Vietnamese consumers.

Peace

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