- CEO
- Thuan Thanh Le
- Full Time Employees
- 494
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Long Xuyen Vietnam
- IPO Date
- Jan 20, 2010
- Business
- Sao Mai Group Corporation is a diversified conglomerate engaged in seafood processing and aquaculture, renewable energy, real estate development, construction and architectural consulting, and hospitality and tourism services. Founded in 1997 and headquartered in Long Xuyen, An Giang Province, Vietnam, the company operates across domestic and international markets.
The company organizes its business into several primary operating segments: Aquaculture and Food Processing, Renewable Energy, Real Estate, Construction and Engineering, and Hospitality and Services. In its Aquaculture and Food Processing division, operated primarily through its publicly traded subsidiary International Development and Investment Corporation (IDI), the company provides end-to-end pangasius catfish farming, harvesting, and processing; frozen pangasius fillets, steaks, portions, and value-added breaded seafood products exported to over 80 countries across North America, Europe, Asia, and Latin America; aquafeed and specialized animal nutrition products under the Sao Mai Super Feed brand; and refined edible cooking oil, shortening, and margarine enriched with Omega 3, 6, 9, EPA, and DHA derived from fish fat under the Ranee consumer brand, along with fish meal and organic collagen byproducts. In its Renewable Energy segment, the company develops, constructs, and operates clean power infrastructure; utility-scale solar generation assets, including the 210 MWp An Hao Solar Power Plant in An Giang Province and the 50 MWp Europlast Long An Solar Power Plant; and commercial and industrial rooftop solar installations across industrial zones and manufacturing facilities. In its Real Estate segment, the company develops, constructs, sells, and manages integrated urban townships, residential subdivisions, commercial properties, and industrial parks throughout the Mekong Delta and northern provinces of Vietnam. In its Construction and Engineering segment, the company provides architectural design, civil engineering, industrial and residential construction contracting, urban master planning, project management, and construction supervision services. In its Hospitality and Services segment, the company owns and operates eco-resorts, hotels, and tourist attractions, including the An Hao Solar Eco-Tourism Park, Tra Su Cajuput Forest eco-tourism zone, and assets managed via Dong Thap Tourist Joint Stock Company; agricultural processing facilities for tropical fruit purees and concentrates; and international labor recruitment and vocational training services.
Recent company developments include the issuance by subsidiary IDI of a landmark VND 1,000 billion green bond guaranteed by GuarantCo to finance sustainable aquaculture expansions, including the construction of a third seafood processing factory and modernized pangasius breeding hatcheries. In renewable energy, the company has advanced plans for an 80 MW solar power project under Vietnam's Direct Power Purchase Agreement mechanism, expanded its commercial rooftop solar portfolio, and initiated feasibility studies for cross-border clean energy projects in Laos. In real estate, the company launched the 70.7-hectare Sao Mai Residence urban township in Thanh Hoa Province adjacent to Tho Xuan Airport, while continuing to expand its residential land bank and infrastructure developments across the Mekong Delta region.