On April 11, 2025, Khanh Hoa Mineral Water Joint Stock Company (Vikoda) successfully held its 2025 General Shareholders’ Meeting (GSM) online. Over its 35-year journey of formation and development, Vikoda has achieved impressive milestones in revenue, profit, and brand value, while continually striving to make positive contributions to the community and society. These efforts have further strengthened the company’s reputation in the eyes of its partners, shareholders, and customers.
During the meeting, the General Shareholders’ Meeting listened to and approved: the report from the Board of Directors and the Supervisory Board for 2024, and the operational plan for 2025; the profit distribution plan for 2024 and the business plan for 2025; the financial report for 2024; the list of auditing firms for the company’s activities in 2025; the dismissal and election of additional members of the Supervisory Board for the 2021–2025 term; and other matters.
Summarizing its 35 years of development, Vikoda has achieved impressive milestones, including: total assets exceeding 328 billion VND; sales and service revenue reaching over 214 billion VND. (According to the audited financial report for 2024).
The 35th Anniversary Celebration marks a milestone in Vikoda’s brilliant development.
In addition to the impressive growth figures, Vikoda has also affirmed the value of its leading natural alkaline mineral water brand in Vietnam through a series of proud milestones. Specifically, Vikoda has successfully rebranded the Dahn Thanh brand, exported its natural alkaline mineral water to the Chinese market, and received the transfer of Spa Sky technology. In the 2024–2025 period, Vikoda has become a strategic partner of the Vietnam Nutrition Association, promoting the benefits of natural alkaline mineral water. The 35th Anniversary Celebration, titled “Original Purity – The Journey of the Gem in the Rock,” marks Vikoda’s journey of growth and the brand’s commitment to reaching new heights.
Thanks to its outstanding advantages, Vikoda natural alkaline mineral water is recommended by experts and trusted by consumers, celebrities, and numerous partners. Sourced and bottled directly from the mineral spring within a 35-hectare protected zone, Vikoda’s natural alkaline mineral water has an ideal pH of 9.0, which helps balance the body, neutralize excess acid, and support the digestive system. The product also contains valuable minerals such as H₂SiO₃, HCO₃⁻, along with trace minerals like Na, K, Ca, Mg, which are beneficial for the skin, joints, and overall health. With an ORP of -100mV and ultra-small water molecules, Vikoda helps combat oxidation, slow down aging, and enhance nutrient absorption. Vikoda products are now available nationwide, with over 1,000 distribution partners, including 173 supermarkets, 3,600 convenience stores, 50 luxury resorts, 70 four- and five-star hotels, and e-commerce platforms.
Vikoda’s products are now widely embraced across the country.
With strategic investment from F.I.T Group, Vikoda has made remarkable progress and is on track to become a premium mineral water company and one of the top 5 domestic beverage companies in Vietnam. During the General Shareholders’ Meeting, Vikoda reaffirmed its goals for 2025, with expected revenue and after-tax profit, respectively, marking an increase of 64.54% and 73.26% compared to the previous year. The company also aims to achieve USD 40 million in revenue and a consumption volume of 1 million bottles per day by 2027.
