AsemconnectVietnam - Vinh Hoan Joint Stock Company (VHC - HOSE) has approved the establishment of a new subsidiary through which it indirectly owns the subsidiary.

Vinh Hoan approved the policy for its subsidiary, Vinh Hoan Collagen Co., Ltd., to contribute VND13.26 billion and hold 51% of the capital in the new legal entity.
At the same time, Ms. Tran Thi Hoang Thu has been appointed as the representative to manage the subsidiary's capital contribution in Vinos Co., Ltd. The company did not disclose details of the new legal entity's business activities.
As of June 30, 2026, Vinh Hoan owns 100% of the capital in Vinh Hoan Collagen Co., Ltd., located at 1647 National Highway 30, My Ngai Ward, Dong Thap Province, and operating in the extraction and production of gelatin and collagen. Regarding business performance, in July 2026, Vinh Hoan's total revenue decreased by 10% compared to the same period last year, reaching VND1,148 billion. However, in August 2026, the company regained a slight growth momentum with revenue reaching VND1,099 billion, an increase of 2% compared to the same period last year, but a decrease of more than 4% compared to July.
Previously, according to the semi-annual financial report, in the first half of 2026, Vinh Hoan recorded revenue of VND6,398.98 billion, an increase of 9.6% compared to the same period last year; after-tax profit reached VND735.24 billion, an increase of 3.9% compared to the same period last year.
In 2026, Vinh Hoan aims for consolidated revenue of VND14,000 billion, an increase of 16% compared to 2025. Net profit attributable to shareholders of the parent company is expected to reach VND1,600 billion, an increase of 13%.
Source: VITIC/Bao Tai chinh – Dau tu