- CEO
- Dang Thanh Vo
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Quang Ngai Vietnam
- IPO Date
- Dec 20, 2016
- Business
- Quang Ngai Sugar Joint Stock Company is a Vietnam-based company engaged in the manufacturing, processing, and distribution of food and beverage products, as well as renewable biomass power generation. Founded in 1970 and headquartered in Quang Ngai City, Quang Ngai Province, Vietnam, the company operates across multiple integrated business segments, including dairy alternatives, sugar processing, confectionery, beverages, and bio-energy.
The company's primary product and service offerings comprise: soy milk and plant-based nutritional beverages marketed under the Vinasoy and Fami brand names, including Fami Original, Fami Calcium, Fami Go, and Veyo plant-based yogurt; refined and raw cane sugar products, including refined extra (RE) sugar, refined standard (RS) sugar, and liquid sugar for retail consumption and industrial food manufacturers; confectionery items marketed under the Biscafun brand, such as biscuits, soft cakes, wafers, and candies; packaged alcoholic and non-alcoholic beverages, including Dung Quat beer and Thach Bich natural mineral water; agricultural byproducts such as molasses, bagasse, and bio-organic fertilizers; and biomass electricity generation utilizing sugarcane bagasse at power generation facilities connected to the national power grid. Quang Ngai Sugar serves domestic consumer and industrial markets across Vietnam through extensive wholesale, retail, and modern trade distribution networks, while exporting packaged soy milk, beverages, and confectionery products to international markets including the United States, China, Japan, South Korea, and Southeast Asia.
In recent developments, Quang Ngai Sugar has pursued strategic business expansions and operational modernizations across its core operating divisions. The company expanded the production and processing capabilities of its An Khe Sugar Mill and refined sugar (RE) manufacturing facility in Gia Lai Province to increase extraction yields and meet rising domestic demand for high-grade industrial sugar. Within its plant-based nutrition business, the company launched new product lines under the Veyo brand, expanding beyond traditional soy milk into plant-based yogurts and specialized nut milks to capture market share in functional health foods. Additionally, the company completed efficiency upgrades at its An Khe Biomass Power Plant to optimize bagasse co-generation, increased capital deployment toward agricultural mechanization and non-GMO crop development in its dedicated sugarcane and soybean farming zones, and expanded its overseas distribution agreements to accelerate export growth in Asian and North American markets.