Dabaco Group | APEA - Asia Pacific Enterprise Awards

MASTER ENTREPRENEUR CATEGORY

Nguyen Nhu So
Chairman


Dabaco Group
www.dabaco.com.vn


Information about Entrepreneur
Mr. Nguyen Nhu So - Labor Hero, Member of the 14th National Assembly of the Socialist Republic of Vietnam, Chairman of DABACO Group was born on August 23rd , 1957 in Bac Ninh. In 1996, Mr. Nguyen Nhu So was assigned as the director of Ha Bac Silkworm Company by the People's Committee of Ha Bac province (now Bac Ninh province). Taking over a unit whose assets were almost zero, Mr. So determined to find a new business direction: producing animal feed and breeders. He named the company's name as Ha Bac Agricultural Company (the predecessor of DABACO Group). He put the first goal to use the state-of-the-art technology in agriculture for enriching to get rich. Consequently, 7 feed mills and 12 breeding companies have been founded since 1996 - to date.

In 2005, DABACO was equitized successfully; In 2008, DABACO - one of the first units in the agricultural sector - officially listed its shares on the Stock Exchange (HNX), stock code DBC. DABACO continuously expanded its scale and fields of operation from 02 sectors to 10 fields: Animal feeds; Breeders; Contracted farm; Slaughtering and food processing; Plant oil; Microbiological fertilizers; PP,PE plastic; Trade and services: supermarket, hotel, restaurant, port services, logistics; High-tech safe vegetables; Real estate.

Over 25 years with difficulties and challenges, DABACO has successfully broke through to become a mini-size kingdom in the field of agriculture - food and is proud to be one of the very few enterprises operating in entire closed 3F-value-chain. (Feed - Farm - Food), comprising over 60 member units, 7,000 employees with a high average income.

Other Interesting Facts about Entrepreneur
Taking over the company and accepting the responsibility of transforming the business model, DABACO has successfully formed and developed a feed mill at the same time, supplying animal feeds to the market. The remarkable difference at that time is that Mr. Nguyen Nhu So put his own goal of set up a closed supplying chain, anticipated market demand in future. He always thinks that the domestic production and livestock industry will be systematically oriented and modernized sooner or later. He and his collaborators researched and looked for the state-of-the-art techniques and technologies at that time to import and apply into DABACO.

In 2005, Dabaco was equitized. In 2008, our stock was listed and exchanged in HNX. On 26th July 2019, it was moved to list and exchange in HSX. The most important achievement of equitization is public everything from strategy, operation, policy to laborer and share holders… Deciding equitization was right and smart decision, creating momentum for our company to breakthrough, expand on investment. To date, Dabaco's ecosystem comprise in 10 fields is "bearing fruit". It is the sweet fruit for the efforts and striving of Dabaco's labor generations during past 25 years.
Company Achievements and Role as Entrepreneur
DABACO involved in many important link of the livestock industry, from animal feed, R&D new breeder to investing into farm, contracted farm, producing added value products, retail system. In 2019, total assets reached 10,000 billion VND, revenue 13 trillion VND per year; revenue in 9 months of 2020 reached 11,757 billion VND, Gross profit reached 1,230 billion VND and Net profit was estimated at 1,136 billion VND; Invested sectors are expanded to be ready to reach to new level. Target in the next 5 years gains revenue of over 1 billion US dollars, equivalent to 25-30 trillion VND.

Currently, Vietnam's economy as well as global economy is strongly affected by the COVID-19 pandemic. DABACO Group is a prominent representative in the Agriculture - Food industry that is valued as a stable unit maintaining good business results in 2019 and is expected break through in the worse challenges for economy in the past 10 years in Viet Nam. Dabaco gains such achievement thanks to the acumen to market of Mr. So as well as DABACO's leaders and solidarity, efforts of the entire staff of the Group.

Vision, Mission & Future Plans
DABACO pay special attention to invest and develop two key factors: Applingstate-of-the-art technology and training, developing high-quality human resources who know well such state-of-the-art technology. Meantime, forming and maintaining Enterprise culture, creating the launcher to rocket to goal: Fast and sustainable development. Dabaco not only distribute its products to domestic market, Dabaco also try to expand to international market. So that, Viet-brand-agricultural-products are known as reputed & good quality products and marked in international economic map.

Vision: The leading group in the field of agriculture - food with sustainable value chain. Pioneering the application of advanced science and technology solutions in Agriculture most effectively.

Mission: Controlling value chain in field of agriculture - food, providing to the community with good quality, safe and efficient Products & Services, with the utmost respect and responsibility. Thereby contributing to the development and enhancement of the position of Vietnamese agriculture and food brand in the international market.

MASTER ENTREPRENEUR CATEGORY

Nguyen Nhu So
Chairman

Information about Entrepreneur
Mr. Nguyen Nhu So - Labor Hero, Member of the 14th National Assembly of the Socialist Republic of Vietnam, Chairman of DABACO Group was born on August 23rd , 1957 in Bac Ninh. In 1996, Mr. Nguyen Nhu So was assigned as the director of Ha Bac Silkworm Company by the People's Committee of Ha Bac province (now Bac Ninh province). Taking over a unit whose assets were almost zero, Mr. So determined to find a new business direction: producing animal feed and breeders. He named the company's name as Ha Bac Agricultural Company (the predecessor of DABACO Group). He put the first goal to use the state-of-the-art technology in agriculture for enriching to get rich. Consequently, 7 feed mills and 12 breeding companies have been founded since 1996 - to date.

In 2005, DABACO was equitized successfully; In 2008, DABACO - one of the first units in the agricultural sector - officially listed its shares on the Stock Exchange (HNX), stock code DBC. DABACO continuously expanded its scale and fields of operation from 02 sectors to 10 fields: Animal feeds; Breeders; Contracted farm; Slaughtering and food processing; Plant oil; Microbiological fertilizers; PP,PE plastic; Trade and services: supermarket, hotel, restaurant, port services, logistics; High-tech safe vegetables; Real estate.

Over 25 years with difficulties and challenges, DABACO has successfully broke through to become a mini-size kingdom in the field of agriculture - food and is proud to be one of the very few enterprises operating in entire closed 3F-value-chain. (Feed - Farm - Food), comprising over 60 member units, 7,000 employees with a high average income.

Other Interesting Facts about Entrepreneur
Taking over the company and accepting the responsibility of transforming the business model, DABACO has successfully formed and developed a feed mill at the same time, supplying animal feeds to the market. The remarkable difference at that time is that Mr. Nguyen Nhu So put his own goal of set up a closed supplying chain, anticipated market demand in future. He always thinks that the domestic production and livestock industry will be systematically oriented and modernized sooner or later. He and his collaborators researched and looked for the state-of-the-art techniques and technologies at that time to import and apply into DABACO.

In 2005, Dabaco was equitized. In 2008, our stock was listed and exchanged in HNX. On 26th July 2019, it was moved to list and exchange in HSX. The most important achievement of equitization is public everything from strategy, operation, policy to laborer and share holders… Deciding equitization was right and smart decision, creating momentum for our company to breakthrough, expand on investment. To date, Dabaco's ecosystem comprise in 10 fields is "bearing fruit". It is the sweet fruit for the efforts and striving of Dabaco's labor generations during past 25 years.

Dabaco Group
www.dabaco.com.vn


Company Achievements and Role as Entrepreneur
DABACO involved in many important link of the livestock industry, from animal feed, R&D new breeder to investing into farm, contracted farm, producing added value products, retail system. In 2019, total assets reached 10,000 billion VND, revenue 13 trillion VND per year; revenue in 9 months of 2020 reached 11,757 billion VND, Gross profit reached 1,230 billion VND and Net profit was estimated at 1,136 billion VND; Invested sectors are expanded to be ready to reach to new level. Target in the next 5 years gains revenue of over 1 billion US dollars, equivalent to 25-30 trillion VND.

Currently, Vietnam's economy as well as global economy is strongly affected by the COVID-19 pandemic. DABACO Group is a prominent representative in the Agriculture - Food industry that is valued as a stable unit maintaining good business results in 2019 and is expected break through in the worse challenges for economy in the past 10 years in Viet Nam. Dabaco gains such achievement thanks to the acumen to market of Mr. So as well as DABACO's leaders and solidarity, efforts of the entire staff of the Group.

Vision, Mission & Future Plans
DABACO pay special attention to invest and develop two key factors: Applingstate-of-the-art technology and training, developing high-quality human resources who know well such state-of-the-art technology. Meantime, forming and maintaining Enterprise culture, creating the launcher to rocket to goal: Fast and sustainable development. Dabaco not only distribute its products to domestic market, Dabaco also try to expand to international market. So that, Viet-brand-agricultural-products are known as reputed & good quality products and marked in international economic map.

Vision: The leading group in the field of agriculture - food with sustainable value chain. Pioneering the application of advanced science and technology solutions in Agriculture most effectively.

Mission: Controlling value chain in field of agriculture - food, providing to the community with good quality, safe and efficient Products & Services, with the utmost respect and responsibility. Thereby contributing to the development and enhancement of the position of Vietnamese agriculture and food brand in the international market.