Chon Chinh Company Limited (Vietnam)

Founded in Jul 2015 in Dong Thap Province, the subject is engaged in drying, milling, polishing and trading rice. According to Mr. Truong Van Chinh - Chairman cum Director/ Legal Representative, the subject only provides to markets kinds of fragrant rice like ST, Dai Thom 8, etc. It started having production activities in Apr 2017. According to Mr. Truong Van Chinh, the subject has signed contracts for paddy consumption with large co-operative in Dong Thap, Tay Nguyen Provinces, Binh Thuan, etc. Its output products are fluctuated from about 5,000 tons per month to 8,000 tons of rice per month, as revealed. About 30% of its output are supplied to domestic market. The rest is supplied to foreign markets like European Countries, USA, China. However, the subject does not export directly but through other companies like: KTC, Intimex, Tin Thuong Investment Trading JSC, etc.According to Mr. Truong Van Chinh, the outbreak of Covid-19 Pandemic has had no negative effects on its operation. Its net sales had increased clearly since 2017. In the first half of 2021, its revenue reached nearly VND 500 billion, he added.