F.I.T Group Inaugurates $26 Million Factory on Its Anniversary

In March, F.I.T Group marked its 18th anniversary, celebrating a journey of growth that now includes 17 subsidiary companies, over 3,000 employees, an equity capital of VND 5,941 billion, and total assets of VND 7,748 billion. The group operates across four key sectors: Pharmaceuticals, FMCG, Agriculture, and Real Estate.

As part of its expansion, F.I.T Group recently inaugurated the Benovas medical equipment manufacturing plant with a total investment of $26 million. Phase 1, located in Vinh Long, is already operational, covering an area of 10,846.6 square meters with an investment of approximately $16 million and an annual production capacity of 258 million units. Phase 2, with an additional $10 million investment, is expected to be completed by June 2026, focusing on advanced technology applications to enhance product quality.

According to the 2024 financial report, Cửu Long Pharmaceutical (DCL) recorded revenue exceeding VND 1,333 billion. Revenue came not only from the medical equipment segment but also from empty capsules and pharmaceuticals. The pharmaceutical plant spans 4,797 square meters with a production capacity of 1.2 billion units per year, comprising three factories: Non-Betalactam, Cephalosporin, and Cream-Syrup. DCL is set to break ground on a new EU-GMP standard plant with an investment of VND 1,396 billion, increasing capacity to 1.6 billion units per year.

Additionally, DCL’s empty capsule manufacturing facility operates 20 production lines with an annual capacity of 8.5 billion capsules. Of these, eight modern production lines were invested in during the 2021-2023 period. In 2024, DCL launched Capsule 5, raising total output to 11.6 billion capsules per year.

In the beverage industry, Khánh Hòa Mineral Water JSC (Vikoda) has been producing natural alkaline mineral water for 35 years. Sourced from the Đảnh Thạnh natural alkaline mineral spring, located within a 35-hectare vegetation conservation area, the water is directly channeled to the factory, preserving its purity while adhering to strict production standards, including 6-1:2010/BYT and Codex 108.

Vikoda’s products are distributed nationwide and exported internationally, with a network of over 1,000 partners, including 173 supermarkets, 3,600 convenience stores, 50 luxury resorts, more than 60 four- and five-star hotels, and reputable e-commerce platforms. The company aims to supply one million bottles of water daily.

In the cosmetics and personal care sector, FIT Cosmetics and Today Cosmetics focus on researching and launching eco-friendly biological products, utilizing multi-enzyme technology from Europe. Their manufacturing facility spans 4,946 square meters and operates four state-of-the-art production lines from Europe and South Korea. The company’s products not only promote green consumption trends but also ensure health and safety for the whole family.

In the agriculture and food sector, Western Export Food Processing JSC (Westfood) leverages the advantages of the largest fruit-growing region in the Mekong Delta, along with modern facilities and technology, to supply products that meet export standards to Japan, China, Europe, and more.

The Westfood Hau Giang factory, with an investment of VND 666 billion, is expected to begin operations in Q2 2025, increasing its capacity to 30,000 tons per year. This will place the company among the top 5 leading vegetable and fruit export companies in Vietnam.

In the real estate sector, F.I.T Group focuses on developing projects in the mid-range and high-end segments. This is not only a business venture but also an opportunity for the group to create sustainable value for the community. Each project is carefully and systematically implemented, prioritizing quality and long-term value over rapid expansion or chasing deadlines.

At the 18th anniversary celebration of F.I.T Group, Mr. Nguyễn Văn Sang, Chairman of the Group, shared: “I am proud to witness F.I.T Group confidently overcoming all challenges and reaching the milestone of 18 years of strong development. Throughout this journey, we have remained steadfast in our aspiration to serve the development of society. Through knowledge, creativity, and continuous effort, F.I.T Group is committed to delivering high-quality products and services to serve the domestic market and reach the global stage.”

Based on its core values, F.I.T Group aims to become a sustainable development group, providing quality products and services that contribute to a better life for the community.

According to Znews.