HCM CITY — Food producer KIDO Group Corporation announced on Thursday in HCM City that production, joint ventures and mergers and acquisitions (M&A) will be key strategic pillars in its operational structure for 2026 and beyond. 

During the annual shareholders' meeting in HCM City, KIDO emphasised that this year the corporation will undergo operational restructuring to maximise the efficiency of its strengths and existing platforms. 

Additionally, KIDO will focus on diversifying its product portfolio, expanding in the essential food sector in Việt Nam, and enhancing collaborations in the consumer goods industry. 

This year, KIDO anticipates challenges in its cooking oil business, which currently accounts for over 80 per cent of total revenue, due to global conflicts, rising interest rates and exchange rate fluctuations.

Despite this, KIDO has cautiously set a gross revenue target of VNĐ12 trillion (US$456 million) and a pre-tax profit target of VNĐ700 billion ($27 million) for 2026. 

To meet these objectives, KIDO plans to restructure its internal operations, enhance competitive capabilities, expand its product range in the food sector, adopt digital technologies and strengthen risk management practices. 

In the financial year 2025, KIDO reported a gross revenue of VNĐ9.1 trillion, with a pre-tax profit of VNĐ727 billion ($28 million), marking a 593 per cent increase from the same period.

The company's total assets reached VNĐ14 trillion ($531 million), and total owner's equity stood at VNĐ7.7 trillion ($292 million). 

In 2025, KIDO implemented adaptive solutions while expanding its product lines, actively upgrading and diversifying its product portfolio. 

Through widespread sampling campaigns, the company broadened its B2B customer base and bolstered its exports. The cooking oil industry in Việt Nam continued to grow in 2025, maintaining its position as the second-largest sector in the country. 

The company also introduced several new product lines featuring convenient condiments and dried food products. KIDO pursued robust development of sales channels, expanding product reach through diverse avenues. 

Following their acquisition of a controlling interest in Hùng Vương Plaza in 2024, KIDO successfully completed a 40.05 per cent equity investment in Bac Binh Construction Investment JSC, the operator of Vạn Hạnh Mall, in 2025. 

The additions of Hùng Vương Plaza and Vạn Hạnh Mall have expanded KIDO's retail ecosystem, integrating modern commercial centres into its investment portfolio. These developments not only enhance the shopping experience but also contribute to revenue growth for KIDO. — BIZHUB