- Business
- Quang Tri General Trading Joint Stock Company (UPCOM: SEP), commercially known as Sepon Group, is a Vietnam-based diversified agribusiness, manufacturing, commercial trading, and hospitality enterprise. Founded in May 1973 as the Dong Ha General Department Store and restructured into a joint stock company in 2014, the corporation is headquartered in Dong Ha, Quang Tri Province, Vietnam. The company operates across four primary business segments: Agricultural Processing and Commodities, Industrial and Biomass Manufacturing, Consumer Goods Distribution and Retail, and Hospitality and Tourism Services.
The company's core products and services comprise: agricultural commodities and processed foods, including organic and VietGAP-certified white and specialty rice marketed under the Sepon Rice brand (such as ST25 and J02 varieties); industrial and native cassava starch and cassava by-products produced at the Huong Hoa Cassava Starch Factory; tung tree seeds and processed tung oil; industrial and energy commodities, including technically specified natural rubber processed at the Cam Lo Rubber Processing Plant; renewable wood biomass pellets manufactured from managed plantation timber for industrial energy generation; bio-organic fertilizers and microbial agricultural inputs; commercial trading and retail services, including the import, wholesale, and retail distribution of household consumer goods, cosmetics, and packaged foodstuffs sourced from Thailand, Malaysia, and Japan through the Sepon Mart supermarket chain and the Global Import Export Branch; and hospitality and travel operations, encompassing lodging, food and beverage, conference services, and coastal tourism through the Sepon Hotel network and the Cua Viet Tourism Service Center.
Geographically, Quang Tri General Trading Joint Stock Company serves retail, commercial, and industrial markets across Vietnam via a network of thirteen operational branches and representative offices, including locations in Da Nang, Hanoi, and Ho Chi Minh City. Internationally, the company exports agricultural produce, tung oil, cassava starch, natural rubber, and biomass pellets to clients across Asia, North America, and Europe, with primary export destinations including China, Japan, India, South Korea, Thailand, the United States, and the European Union.
In recent developments, the company has focused on infrastructure modernization, value chain integration, and corporate restructuring. Operational capital investments include technological upgrades to machinery and processing lines at the Huong Hoa Cassava Starch Factory and the implementation of comprehensive safety and fire protection infrastructure at the Sepon Organic Fertilizer Factory. Strategically, the company has expanded its multi-stakeholder cooperative farming alliances across central Vietnam, securing dedicated organic paddy and cassava cultivation zones to satisfy international sanitary and phytosanitary requirements for export markets. In corporate governance, the company is facilitating the planned divestment of the 22.62% state equity stake held by the Quang Tri Provincial People's Committee, with the fiscal baseline for corporate valuation adjusted for completion by year-end 2025.