Tan Binh Vegetable Oil Joint Stock Company transforms after more than 50 years of development

Phan Thảo |

Tan Binh Vegetable Oil Joint Stock Company (Nakydaco) is shifting from traditional production to modern operation, expanding the market, adapting to the vegetable oil industry.

The enterprise operates a production system with a capacity of over 150,000 tons per year, supplying products such as fragrant sesame oil, common cooking oil, and premium cooking oil to domestic and international markets.

Standardizing production, improving operational efficiency

Nakydaco's predecessor was the South Asia Oil Industry Factory. After 1975, the unit was taken over and operated under the name Tan Binh Oil Refinery.

The enterprise goes through stages from building a production platform to investing in equipment, completing a closed process. Equitization in 2004 was an important milestone, helping to improve management capacity. After that, Nakydaco promoted standardization, expanded the market and participated in the regional supply chain.

The transition stages help businesses improve their ability to adapt to market fluctuations," a business representative said.

Ảnh:
The production line at Nakydaco is organized according to a closed process. Photo: Tan Binh Vegetable Oil Joint Stock Company

In recent years, Nakydaco has continued to upgrade equipment and improve processes.The production system is controlled from input materials to finished products, meeting standards such as ISO 22000, ISO 14001, ISO 50001, HACCP, Halal and Kosher.The distribution system is expanded nationwide.

The application of standards not only serves exports but also ensures stable quality, while controlling costs and reducing risks," said a representative of Nakydaco.

Ảnh:
Mr. Tran Huu Than - Deputy General Director of Nakydaco shared about production activities and development orientations. Photo: Nakydaco

Long-standing experience helps businesses understand the needs of each segment, from households to Horeca and industrial production.

The market is increasingly differentiated, requiring businesses to be flexible in products and strategies to approach each customer group," a business representative shared.

Market expansion, sustainable development

The domestic market is the foundation of Nakydaco. The enterprise synchronously develops distribution channels such as traditional (GT), modern (MT), Horeca and B2B to expand coverage and reach a variety of customers. The product portfolio is diversified with many segments.

Nakydaco's products are exported to the US, Japan, South Korea, Laos, Cambodia and some European countries, including Poland.

Ảnh:
Nakydaco products in the domestic and international markets. Photo: Nakydaco

In the coming period, Nakydaco orients sustainable and selective development; maintains the "green – clean – safe" orientation, controls processes and improves towards environmental friendliness.

Consumers are increasingly concerned about health and product origin, placing higher requirements on transparency and safety. The long-term orientation is not only limited to products but also towards solutions suitable for each market and partner," a business representative said.

Businesses will continue to be flexible in management, proactively adjust strategies to adapt to the market and improve long-term competitiveness.

With more than 50 years of development, adaptability and maintaining stable quality are factors that help Nakydaco maintain its position in the market.

Phan Thảo
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