- Sector
- Distribution services
- Industry
- Food distributors
- Address
- Ha Noi Vietnam
- Business
- CENCON Viet Nam Joint Stock Company is a Vietnam-based diversified commercial enterprise primarily engaged in wholesale trading, real estate investment, hospitality services, gold and jewelry retail, and electric vehicle distribution. Established in 2015 and formerly known as Thanh Thai Investment Joint Stock Company, the company operates across several core commercial segments: wholesale and retail of food products, including frozen seafood, poultry, and meat; trading and distribution of medical equipment, healthcare consumables, and pharmaceutical supplies; wholesale of building and architectural materials, comprising plastic composite doors, steel safety doors, and sanitary ware; processing, crafting, and retail distribution of fine jewelry, gemstones, gold, and silver items; investment, development, and operation of hospitality and commercial properties, including hotels, dining venues, and serviced office networks; distribution and commercial agency services for electric vehicles and automotive components; and auxiliary agricultural and forestry operations encompassing crop cultivation and livestock support services.
The company serves retail consumers, commercial enterprises, healthcare providers, and institutional clients across Vietnam, maintaining operational footholds and project interests in key regional hubs such as Lao Cai, Hanoi, Ha Tinh, Da Nang, and Phu Quoc. CENCON Viet Nam Joint Stock Company is headquartered in Lao Cai City, Lao Cai Province, Vietnam, and trades on the UPCoM exchange under the ticker symbol CEN.
In recent developments, CENCON Viet Nam has undergone strategic and operational reorganizations to streamline its core revenue drivers, shifting operational focus heavily toward its wholesale food distribution division amidst structural adjustments in its jewelry and precious metal trading operations. The company has actively managed its strategic asset portfolio, including transaction and title completion procedures for the Lan Huy Hoang Hotel Service Area project and capital participation in electric mobility ventures, notably through its investment in Cencon Electric Car Company Limited (subsequently transitioned to Truong Thanh Automobile Joint Stock Company). Concurrently, the company has implemented administrative and corporate governance enhancements, executing remediation plans to satisfy regulatory disclosure standards with the State Securities Commission of Vietnam, address auditor review observations regarding long-term asset valuations, and work toward the normalization of its equity trading status.