CONG TY CO PHAN DAU THUC VAT TUONG AN – DAU TUONG AN
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Cong Ty Co Phan Dau Thuc Vat Tuong An – Dau Tuong An is a Vietnamese publicly quoted company engaged in the production and marketing of processed vegetable oils and fats. The company was incorporated in November 1977, and has its registered headquarters primarily located in Ho Chi Minh City, Vietnam. The company is traded on the Vietnam Stock exchange under the ticker symbol “TAC”.
The company offers a wide range of vegetable oils and fats, which include cooking oil, soyabean oil, groundnut oil, Van Tho oil, sesame oil, Vio oil, season oil, shortening and margarine. These products are offered in 64 cities and provinces nationwide through its distribution network with more 200 distributors and agents. Its main customers include supermarkets, restaurants, and nursery schools. The company has oil factories located in Ho Chi Minh City, Vinh City, and in Phu My 1 Industrial Park, Vung Tau Province, which is the biggest oil factory in Vietnam with a production capacity of 600 tons per day. It distributes its products to various countries in Asia, the Middle East, and Easten Europe. The company is one of the first Vietnamese firms that has been granted a quality certification of ISO 9001 and ISO 9001: 2000 for its quality management system.
The Company specializes in manufacturing, trading, importing and exporting products processed from vegetable and animal oils, fats, oilseeds and nata de coco. The Company manufactures and trades in types of packages. The Company trades, exports and imports machinery, equipments, materials for vegetable oil processing and producing. The Company leases premises, workshops. The Company manufactures, trades in spices used for food processing industry, sauces. The Company also manufactures and trades in instant food products (noodles, rice vermicelli, noodle soup, dry pancake and instant soup). The Company functions as an agent in trading and on consignment.
Description and history
Before 1975, Tuong An vegetable oil join stock company formerly was a small business owned by a Chinese. After the Vietnam War, this business was handed over to the Vietnamese government. Tuong An then became a state-owned enterprise and under the management of South Vegetable Oil Company, was established on November 20th 1977. On July 1st 1984, Tuong An Oil Factory was founded. The company was equitized under the Decision No.42/2004/QD-BCN by Ministry of Industry and the Registration No.4103002698 dated on September 27th 2004 signed by Ho Chi Minh Planning and Investment Department. On October 1st 2004, the company officially operated as Joint Stock Company since October 1st 2004.
The Company is headquartered in 48/5 Phan Huy Ich Street, Ward 15, Tan Binh District, Ho Chi Minh City City, Vietnam.
Scope of business:
-Manufacturing, trading, importing and exporting products processed from vegetable and animal oils, fats, oilseeds and nata de coco.
-Manufacturing and trading packages.
-Trading, exporting and importing of machinery, equipments, materials for vegetable oil processing and production.
-Leasing premises and workshops.
-Manufacturing and trading spices used for food processing industry and sauces (production is not carried out at head office).
-Manufacturing and trading instant food products (noodles, rice vermicelli, noodle soup, dry pancake and instant soup).
-Agent in trading and on consignment.
-Entertainment center services (it does not operate at head office).
-Cultural activities (organizing meetings and cultural exchange relations).
-Accommodation business (constructing buildings for trading or for leasing).
After nearly 30 consecutive years of building and development, till now with the advanced machinery system and processing technology, the Company has total capacity of 130,000 tons per year, including 02 factories:
Tuong An Oil Factory: Address: 48/5 Phan Huy Ich Street., Ward 15, Tan Binh District, Ho Chi Minh City, Vietnam.
Vinh Oil Factory: Address: 153 Nguyen Viet Xuan Street, Hung Dung Ward, Vinh City, Vietnam.
The Company is building the third oil factory in Phu My 1 industrial park, Vung Tau province. This is the biggest and most modern oil factory with capacity of 600 tons per day in Vietnam. This new factory is scheduled to operate in the end 2006, totaling overall capacity of Tuong An twice higher than current one.
The main export markets are Japan, the Middle East, Eastern Europe, Hong Kong and Taiwan.
The Company has distribution networks with over 200 distributors and agents, 100 industrial customers and 400 supermarkets, restaurants, kiosks, schools and nursery schools, all over 64 cities and provinces nationwide.
The branches and representative offices:
1. The Northern branch
Address: 916 Bach Dang Street, Thanh Luong Ward, Hai Ba Trung District, Ha Noi City, Vietnam.
2. The Central branch
Address: 54-58 Le Trong Tan Street, Hoa Phat Commue, Hoa Vang District, Da Nang City, Vietnam.
3. The Western representative office
Address: 108/95/16 Nguyen Viet Hong Street, An Phu Ward, Ninh Kieu District, Can Tho City, Vietnam.
The most important objective is to continuously enhance product quality, meet all demands of customers. In June 2000, the Company is one of the first Vietnamese companies granted quality certificate of ISO 9001, latest version 2000 by British BVQI. Applying and maintaining efficiency of ISO 9001: 2000 quality management system is the Company’s commitment to meet the increasingly demands of customers and bring the most satisfaction to them. The Company’s common stock was traded on Ho Chi Minh securities Trade Center under the symbol ‘TAC’ on December 26, 2006. A permit was issued on December 6, 2006.
Engaged in the production and marketing of processed vegetable oils and fats
AUDITING AND CONSULTING CO., LTD (A&C)
US SIC Code
Phan Huy Ich
48/5, 15 Street, Tan Binh District
City province or state postal code
HO CHI MINH CITY
Phone: +84 8 38153972
Fax: +84 8 38153649
Country address: VIETNAM
Website url: www.tuongan.com.vn