Mrs. Nguyen Thi Minh Nguyet, Chairwoman and CEO of Westfood, has announced the company’s investment in a state-of-the-art agro-processing plant in Hau Giang province.

At the 20th anniversary ceremony of the Westfood Export Food Processing Joint Stock Company on June 16, Chairwoman Nguyen Thi Minh Nguyet shared that the company’s significant plan for 2023 is to commence construction on the Westfood plant in Hau Giang, which meets European standards, spanning over 70,000 square meters, and is expected to be operational in 2024. This plant will provide employment for thousands of workers, help consume the products of local farmers, and ensure an outlet for local agricultural products.

Upon completion, the project is expected to become one of the largest agro-processing plants in the Western region, enabling Westfood to produce various new high-quality products alongside existing ones, and contribute to the socio-economic development of the region.

Truong Canh Tuyen, Deputy Chairman of the People’s Committee of Hau Giang Province, highly appreciated Westfood’s contribution to the socio-economic development of the locality.

Regarding the project, Mr. Tuyen added that the province has approved the investment for Westfood to initiate a project of canned fruit processing plant in Song Hau Industrial Zone (Chau Thanh district), with a scale of about 7 hectares. Currently, the company is finalizing procedures to commence the project in September 2023. This event is also part of the series of activities to celebrate the 20th anniversary of the establishment of Hau Giang province.

Westfood was established on June 18, 2003, with a charter capital of 9 billion VND. After 20 years of development, Westfood has continuously grown and achieved certain accomplishments, with the charter capital reaching over 302 billion VND, increasing more than 30 times compared to the inception; the workforce doubled, reaching over 550 people by 2023.

Westfood’s revenue has also grown over time, reaching 320 billion VND in 2022, and is projected to continue growing in 2023, estimated to reach 410 billion VND. From a single canned production line at its inception, Westfood now owns one of the most modern factories in Vietnam, with canning and advanced European standard IQF freezing lines.

One of Westfood’s strengths in agricultural exports is its self-sufficiency in raw materials, notably the King MD2 pineapple area – one of the sweetest and most uniformly sized pineapple varieties in the world. In 2022, Westfood managed to cultivate 140 hectares of MD2 pineapples, projected to reach 1,000 hectares by 2028. Among these, the area meeting the Global Gap standard accounts for 50% of the total area.

Speaking at the 20th anniversary ceremony of Westfood’s establishment, Mr. Truong Canh Tuyen stated that Westfood has made an essential contribution to the development of Hau Giang province. Particularly, Mr. Tuyen highly valued the company’s development of raw material areas in Hau Giang, a matter of great concern for the province, as it contributes to the transformation of crops and increases local people’s income.

“Though a 20-year journey is not long, neither is it short, with Westfood’s achievements, we believe that the company will achieve further success in the future, contributing to the development of Hau Giang province,” Mr. Truong Canh Tuyen expressed.

The 20th Anniversary Celebration of Westfood, marking a milestone in the journey of elevating Vietnamese fruits

Attendees of the celebration included Le Quang Manh – Former Secretary of Can Tho City Party Committee, Nguyen Van Hong – Vice Chairman of Can Tho People’s Committee, Truong Canh Tuyen – Permanent Vice Chairman of Hau Giang People’s Committee, and the leadership along with all employees of Westfood.

Westfood is known as one of the most modern canned fruit processing companies in Vietnam. Today, Westfood’s products have been distributed worldwide and are favored in high-end and demanding markets such as the US, Japan, South Korea, and countries in America and Europe.

Compared to when it was first established, the company’s current charter capital has reached over VND 302 billion, a 30-fold increase from the initial days. In 2022, Westfood’s revenue was recorded at VND 320 billion, and it is expected to continue growing in 2023, estimated to reach VND 410 billion.

According to Vietnam’s export data in 2022, Westfood currently ranks 4th in export value for frozen fruits, and is in the top 10 canned fruit exporting companies.

To achieve its current position, in addition to the hard work and unity of its staff, Westfood continuously seeks the most advanced processing technologies to create new products and meet the diverse needs of customers. Westfood’s fruit products are all processed and packaged at a modern, internationally standard factory, under the strict supervision of experienced experts in the industry. Simultaneously, Westfood constantly strives to bring prosperity to partners throughout the ecosystem, including creating jobs and increasing income for workers and farmers, developing local socio-economics, and bringing benefits to customers and shareholders.

With the growing demands of the market, Westfood’s leadership sees great potential for the development of the agricultural sector in general and of Westfood in particular in the future. The company has specific development plans to further promote Vietnamese processed fruit products on the world map.

In the 10-Year Development Plan up to 2030, Westfood aims to be a multi-billion VND company, pushing the Westfood brand higher and further both domestically and internationally.

Mrs. Nguyen Thi Minh Nguyet revealed that a major plan in 2023 for the company is to start the construction of the European standard Westfood factory in Hau Giang, with a land area of 70,000 m2, and to start operations in 2024. The factory will create jobs for thousands of workers, help absorb the products of local farmers, and ensure outlets for agricultural products locally.

Ms. Nguyen Thi Minh Nguyet, Chairman of the Board of Directors cum General Director of Westfood, said that the company is implementing an investment in a modern agricultural processing factory in Hau Giang Province.

It is expected that after completion, this project will become one of the largest agricultural processing factories in the Western region, helping Westfood to create many new high-quality standard product lines in addition to the current products. Simultaneously, it will contribute to the socio-economic development of Hau Giang Province.

Permanent Vice Chairman of the Hau Giang Provincial People’s Committee Truong Canh Tuyen highly appreciates the contributions of Westfood to the local socio-economic development.

In relation to this project, Mr. Truong Canh Tuyen, Permanent Vice Chairman of the People’s Committee of Hau Giang Province, added that the province has approved the investment for Westfood’s project to build a fruit processing factory in Song Hau Industrial Park (Chau Thanh district), with an area of about 7 hectares. Currently, the company is completing procedures to start the project in September 2023. This is also one of the events in a series of activities to celebrate the 20th anniversary of the establishment of the province.

n addition to investing in infrastructure, one of Westfood’s strengths in the field of agricultural exports is self-sufficiency in raw materials, notably the King MD2 pineapple area – one of the sweetest and most evenly sized pineapple varieties in the world. In 2022, Westfood planted 140 hectares of MD2 pineapple, expected to reach 1,000 hectares by 2028. Among these, the area meeting the Global Gap standard accounts for 50% of the total area. In addition to King Md2 pineapple, the company also plans to develop raw material areas for its key products such as mango, lotus seeds, papaya, and dragon fruit.

Speaking at the 20th anniversary of Westfood’s establishment, Mr. Truong Canh Tuyen expressed that Westfood has made an extremely important contribution to the development of Hau Giang Province. Particularly, Mr. Tuyen highly appreciated the company’s development of raw material areas in Hau Giang, which is of great concern to the province as it contributes to crop conversion and increases the income of local people.

“Over a period of 20 years, which is neither long nor short, but with the achievements of Westfood, we believe that the company will achieve more success in the future, contributing to the development of Hau Giang Province,” Mr. Truong Canh Tuyen expressed.

In the near future, Westfood will enter the domestic market through supermarket and Horeca channels, aiming to bring fresh, quality products to Vietnamese consumers.

With a far-reaching vision, grasping the potential and development opportunities in the field of agricultural product exports, Westfood promises to become a bright spot on the journey to elevate Vietnamese fruit, turning Westfood into an ambassador of Vietnam’s tropical fruit brand on the international stage.

Seoul Food 2023 is one of the leading food industry exhibitions in Asia, organized annually by the Korea Trade-Investment Promotion Agency. The event attracts approximately 1,000 businesses to showcase their products at nearly 2,500 booths, welcoming more than 50,000 international visitors from many countries around the world.

Westfood’s booth at Seoul Food 2023 attracted a lot of customer interest

South Korea is currently Vietnam’s third-largest trading partner after China and the United States, with a trade turnover of around $88 billion in 2022. Main Vietnamese export products to South Korea, particularly agricultural and food products, have gained popularity and acceptance among South Korean consumers. Annually, South Korea imports about $40 billion in food products, of which Vietnamese food products exported to South Korea account for only about 5%. Therefore, there is significant market potential in South Korea for Vietnamese businesses.

Big customers are constantly learning about Westfood’s products

At Seoul Food 2023, Westfood’s primary objective is to grasp new trends, market demands, and customer tastes to develop more suitable product lines for the South Korean market.

During the 03-day exhibition, Westfood attracted a large number of customers and major partners to visit. All of Westfood’s products, especially the canned King MD2 pineapple, Lotus seeds, and Mangoes, were highly appreciated by customers for their quality. They expressed a desire to cooperate in supplying these products to supermarket chains and large restaurants in South Korea.

Westfood’s products at the exhibition are very popular with customers

Established in 1992, the Westfood Export Food Processing Joint Stock Company is one of Vietnam’s leading brands in the field of processing and exporting canned fruit to the world. Besides markets in Europe and America, South Korea is currently one of Westfood’s important import markets in Asia. Each year, Westfood exports a large volume of processed fruit products to South Korea and is highly favored in this market.

With controlled input materials, modern processing that meets international standards, ensures hygiene and safety, retains the freshness of fresh fruits and vegetables, and simplifies processing for consumers, Westfood’s products are currently meeting the increasingly diverse demands of the market. Westfood aims to become an ambassador for Vietnam’s tropical fruits on the international stage.