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.
Evidence: KIDO Group Annual Report 2025, KIDO Group Corporation. Last checked .
Key facts
- Current owner
- KIDO Group Corporation (68% stake) reported
- Owned since
- 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 →
See the full KIDO Group brand portfolio (3) →
Other brands owned by KIDO Group
KIDO Group controls 3 brands on Brandtree, 3 of them in food.
Also in food
Other brands in frozen meals & pizza, and who owns them
The 41 brands in frozen meals & pizza on Brandtree belong to 31 owners. The largest is Nomad Foods, with 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Banquet | Conagra Brands | 🇺🇸 United States |
| Hot Pockets | Nestlé | 🇨🇭 Switzerland |
| Aunt Bessie's | Nomad Foods | 🇬🇧 United Kingdom |
| Crepini | Cal-Maine Foods | 🇺🇸 United States |
| Authentic Asia | CP Foods | 🇹🇭 Thailand |
| Chicago Town | Dr. Oetker | 🇩🇪 Germany |
| Bagel Bites | Kraft Heinz | 🇺🇸 United States |
| LaMasă | AQUILA | 🇷🇴 Romania |
About the owner: KIDO Group
KIDO Group is a publicly listed company headquartered in Ho Chi Minh City, Vietnam, founded in 1993. Brandtree records 3 brands under its control, and it is listed as HOSE: KDC.
KIDO Group is a Vietnamese food company based in Ho Chi Minh City. It began in 1993 as Kinh Do Construction and Food Processing, a snack maker with 70 workers, and became the leading brand in Vietnamese confectionery before transferring that business to a foreign partner in 2015 and renaming itself. It now concentrates on cooking oil, margarine, seasonings, bakery and steamed buns, and says it ranks second in Vietnam's cooking oil industry. It holds 29.4 per cent of KIDO Foods, whose Merino and Celano brands lead the Vietnamese ice cream market, as an associate.
🇻🇳 Tho Phat and other Vietnamese brands
Brandtree records a controlling owner for 67 brands that began in Vietnam. 12 of them (18%) are now controlled by a company headquartered in another country; Tho Phat is not one of them.
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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