Who owns Tho Phat?
Tho Phat is owned by KIDO Group (Vietnam, HOSE: KDC), which has owned the brand since 2023.[1]
KIDO Group owns 68% of Tho Phat rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- KIDO Group Corporation (68% stake) reported
- Owned since
- Previous owner
- None recorded
- Owner HQ
- 🇻🇳 Vietnam, Ho Chi Minh City
- Origin
- 🇻🇳 Vietnam
- Category
- Food › Frozen food › Frozen meals & pizza
- Parent ticker
- HOSE: KDC
- Last verified
- · 1 sources
About Tho Phat
Tho Phat is a steamed bun brand made by Tho Phat Food Processing, which KIDO calls Vietnam's largest steamed bun manufacturer. KIDO owns 68 per cent of its parent, Tho Phat International, and says Tho Phat has been part of the group since 2023. Besides buns it makes har gow, banh gio and mooncakes, sold through shops, steaming cabinets at schools, rest stops and industrial parks, and more than 300 miniBAO stores.
Ownership timeline of Tho Phat
- 2023 – present KIDO Group (68%) [1] reported
Where Tho Phat sits in KIDO Group
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- KIDO's Bakery
- Tho Phat (68%)
- Tuong An (95.56%)
Open the full KIDO Group ownership tree →
Other brands owned by KIDO Group
Latest news about Tho Phat
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Frequently asked questions
Who is the parent company of Tho Phat?
The parent company of Tho Phat is KIDO Group, a publicly listed company headquartered in Vietnam.
Is Tho Phat Vietnamese?
Yes. Tho Phat originated in Vietnam and its owner, KIDO Group, is also headquartered in Vietnam.
Since when has KIDO Group owned Tho Phat?
KIDO Group has owned Tho Phat since 2023.
Is Tho Phat still owned by KIDO Group?
Yes. As of 16 September 2026, Tho Phat is still owned by KIDO Group (68% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] KIDO Group Annual Report 2025 — KIDO Group Corporation, Annual report; retrieved 16 September 2026.
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