Thai Food Group Uses Vietnam Factory to Maintain Supply After Fires
After fires at two factories in Thailand, Srinanaporn Marketing is using its Vietnam factory and external manufacturers to maintain supply. In the third quarter of 2026, its revenue in Thailand fell, while Vietnam was the main driver of overseas revenue growth.
After fires at its factories in September and October 2026, Thai food group Srinanaporn Marketing (SNNP) turned to its Vietnam factory and increased production by external manufacturers to maintain product supply. The group also drew on inventory sufficient for about one month. Under a plan announced on October 19, products made in Vietnam are expected to return to the Thai market from late November.
SNNP is using capacity at its Vietnam factory to maintain product supply after the fires.（VietVance）
Kaohoon International reported that the September 7 fire at Thailand’s Phutthamonthon Sai 5 factory affected the warehouse and the production area for Lotus snacks. On October 9, another fire broke out at the Bento snack production facility in Samut Sakhon. No casualties were reported. SNNP plans to restore production capacity for Bento products sold in Thailand to about 80% of normal levels in November.
The S.T. Food Marketing factory tasked with increasing production is in the VSIP II-A Industrial Park in Vĩnh Tân Ward, Ho Chi Minh City, an area formerly part of Bình Dương Province. The factory opened on November 4, 2022. It covers 20,000 square meters and had an initial investment of about 700 million baht, equivalent to more than 500 billion Vietnamese dong at the exchange rate at the time. S.T. Food Marketing received investment through SNNP subsidiary SNNP International, and the factory was originally intended to serve the Vietnamese market and regional distribution.
The S.T. Food Marketing factory is in the VSIP II-A Industrial Park in Ho Chi Minh City.（VietVance）
Financial results released by SNNP on November 10 showed sales revenue of 1.36 billion baht in the third quarter of 2026, down 1.2% year on year. Net profit attributable to shareholders of the parent company fell nearly 46% to 70 million baht. Revenue in Thailand fell 8.7% year on year to 1.036 billion baht, while overseas revenue rose 33.7% to nearly 324 million baht, with Vietnam the main source of growth. The group’s net profit for the first three quarters was about 200 million baht, down 53.4% year on year.
Source: VietVance
