Halong Canfoco’s canned products displayed in supermarkets prior to the incident.
According to the Consolidated Financial Report for the mid-year period ending June 30, 2025, Halong Canfoco Joint Stock Company (Halong Canfoco – HNX: CAN) reported total short-term receivables from customers exceeding VND 46.2 billion.
Among these, WinCommerce Joint Stock Company—the operator of WinMart supermarkets and WinMart+ stores—stands out as a key customer.
Halong Canfoco’s Consolidated Financial Report for the mid-year period of 2025.
Additionally, the report highlights over VND 3 billion in receivables from the Highlands Coffee subsidiary.
The remaining receivables, totaling over VND 36 billion, are attributed to other customers, including distributors and trade partners not explicitly named in the financial statement disclosures.
The company’s financial status and partnerships have come under scrutiny following the January 8, 2026, announcement by the Hai Phong City Police Investigation Agency. The agency initiated criminal proceedings and charged nine individuals, including Bùi Đức Trọng, Lê Bá Doanh, Trịnh Hà Việt, and associates from Hưng Yên, for illegally trading and transporting pork contaminated with African Swine Fever linked to the company’s warehouse.
Investigations revealed that the group collected, transported, and distributed over 130 tons of contaminated pork, with more than 120 tons ending up at Halong Canfoco’s facility located at 71 Lê Lai, Ngô Quyền District, Hai Phong City.
Inspections at Halong Canfoco’s warehouse confirmed that the company processed a significant amount of contaminated pork into canned meat products.
In response, six major retail chains in Ho Chi Minh City—Bách Hóa Xanh, Saigon Co.op, Central Retail, MM Mega Market, Genshai, and KingFood Mart—have temporarily halted sales and removed Halong Canfoco products from their shelves to ensure consumer safety. This precautionary measure will remain in place until official investigation results are released.
Halong Canfoco has issued a statement clarifying that the nine charged individuals are external collectors unaffiliated with the company. The company also asserted that the implicated batch was handled in compliance with regulations and was not used in final product manufacturing.
The Hai Phong City Police are continuing their investigation to determine the liability of all parties involved in the supply chain.
Halong Can Scandal Fallout: Foreign Shareholders Dump Stocks, Chairman and CFO Resign En Masse
Transaction data reveals a decisive wave of divestment and resignations among foreign shareholders and executives at Đồ hộp Hạ Long just months before authorities uncovered the contaminated pork warehouse.
Traditional Pate Sellers in Hai Phong Face 60% Drop in Customers: “We Have No Connection with Cột Đèn Pate”
According to local pate vendors at Chùa Hàng Street in Hai Phong, business has significantly slowed, with revenue dropping by 50-60%.
Breaking: Nearly 14,000 Boxes of ‘Streetlight Pate’ Made from Diseased Pork Destroyed
The Hai Phong City Police, in collaboration with the city’s inter-agency task force, recently conducted a large-scale operation to destroy nearly 14,000 cans of contaminated “streetlight pâté.” These products, manufactured by Ha Long Canned Food Joint Stock Company, were found to be made from pork infected with African swine fever. The tainted meat had been illicitly stored in cold storage facilities before being intercepted by authorities.
Highlands Coffee Representative: Chain Does Not Use Canned Pork Products from Ha Long
In a press release issued on the afternoon of January 9th, the media representative of Highlands Coffee Joint Stock Company (Highlands Coffee) confirmed that the company does not use any processed pork products from Halong Canfoco Joint Stock Company (Halong Canfoco, HNX: CAN) across its entire system.
Highlands Coffee’s Delayed Response to Being Implicated in the “Hạ Long Canned Goods” Scandal
Amidst growing consumer skepticism surrounding pâté-filled baguettes, Highlands Coffee has yet to issue any official response across its primary communication channels.
