The two-year time of the Covid-19 epidemic was too long, but, for Westfood, it was two years to assert the name in the market, bring high-quality products at the best prices to consumers, and accompany and share with the community to repel the epidemic. Few people could have expected that success would be under the direction of a modest woman with a very pure Vietnamese lifestyle – Ms. Nguyen Thi Minh Nguyet – Chairwoman of the Board of Directors, General Director of Westfood Food Processing Export Joint Stock Company (Under F.I.T Group Joint Stock Company).
Nguyen Thi Minh Nguyet – Chairwoman of the Board cum General Director of Westfood
In 2007, Ms. Nguyen Thi Minh Nguyet participated in founding F.I.T with extremely difficult and hard initial steps. Over 15 years of establishment and development, the current equity size of F.I.T Group has increased from VND 35 billion to VND 4,357 billion with total assets of VND 5,746 billion. Currently, F.I.T owns dozens of subsidiaries and affiliates with high growth potential in the pharmaceutical, agricultural and food, beverage, home and personal care, and real estate sectors. One of the successes that Ms. Nguyen Thi Minh Nguyet is interested in is building and successfully developing Westfood Processing Export Joint Stock Company with the brand name Westfood.
Westfood is a long-standing brand in the market that will make an important contribution to the Group’s revenue and profitability. It was stablished in 1992. In 2015, Westfood Processing Export Joint Stock Company – Westfood was acquired by F.I.T.
Currently, Westfood owns one of the most modern factories in Vietnam with 4 IQF lines, 2 pasteurization canning lines, automatic boiling machine system, automatic packaging machine, and automatic plastic cup packing line system under the European standard production technology and exports a variety of agricultural products to difficult markets, such as the US, Japan, Korea and European countries …
Westfood factory in Can Tho
Ms. Nguyen Thi Minh Nguyet shared that “We have the advantage of being located in the Mekong Delta, a rich region that are home to multiple tropical fruits. The company is constantly improving and building modern spacious factories with strict processing processes and diverse products to meet food safety high standards of world-renowned organizations such as FDA, IFS KOSHER, BRC; … “To develop Westfood as it is today, my colleagues and I have gone through many ups and downs. It is very hard, but we are confident in the success of Westfood” – said Ms. Nguyet.
In 2020, Westfood was honored by the Asian Enterprise Development Research Center and Vietnam Entrepreneurs Club in the Top 10 Asean Strong Brands 2020. In 2021, despite being heavily affected by the Covid-19 epidemic, Westfood still earned the revenue of nearly VND 300 billion and before-tax profit of nearly VND 20 billion.
One of the products that make Westfood’s name is MD2 pineapple, a succulent pineapple with a bright yellow, fragrant, delicious, and sweet color that Westfood is completely monopolizing and mastering the technology of varieties. MD2 pineapple excels in both product quality and commercial value to fully meet the standards of fastidious markets such as Japan, Europe, and America.
Currently, Westfoods has successfully piloted the development of MD2 pineapple material area in Hau Giang and will autonomously develop raw materials under a plan to deploy 1000 hectares in the Mekong Delta and 100 hectares in the Central Highlands in 2022. In 2022, Westfood plans a revenue of VND 400 billion and profit of VND 30 billion. In 2023, it will expand by 1000 hectares in the Mekong Delta and 1000 hectares in the Central Highlands to meet the growing demand of the market and bring the total output up to 30,000 hectares/year.
With the development potential of MD2 pineapple, Ms. Nguyet believes that in the near future Westfood will be in the Top 10 pineapple suppliers in the International Market.
In addition to success with passion and energy at work, Ms. Nguyen Thi Minh Nguyet is also a compassionate woman. It is known that, in 2020 and 2021 alone, F.I.T supported tens of billions of VND for volunteer programs. Ms. Nguyet and her staff has participated in many charitable programs and social activities in many fields of life, science and technology, education, health, sports, covid-19 prevention…, to bring practical meaning in social welfare for the community.
It can be said that, under the leadership of Ms. Nguyen Thi Minh Nguyet and efforts of all officials and employees, Westfood has been transforming strongly towards the goal of becoming the largest fruit processing and exporting company in Vietnam with its name well known in the international arena to be the pride of Vietnamese agricultural products in the world market.
