About Fahasa     Development History

COMPANY HISTORY

August 6, 1976 – Establishment of the State-Owned Ho Chi Minh City Book Distribution Corporation (the predecessor of today’s Ho Chi Minh City Book Distribution Corporation – FAHASA.

Key Milestones

1976 - 1990

Formation and Early Stage

In August 1976, the State-Owned Book Distribution Corporation was established under the Ho Chi Minh City Department of Culture and Information, later renamed the Ho Chi Minh City Book Distribution Corporation (FAHASA). Books were distributed according to planned quotas, mainly serving political and educational purposes.
From 1976 to 1990, FAHASA operated 18 bookstores in Ho Chi Minh City.

Transition to a Market-Oriented Mechanism

FAHASA shifted towards commercialization and financial autonomy, gradually reasserting its market position. FAHASA bookstores were progressively upgraded and offered a wider variety of products.
From 1990 to 2005, FAHASA maintained 18 bookstores in Ho Chi Minh City.

1990 - 2005
2005 - 2016

A Decade of Post-Equitization Breakthrough Growth – Establishing a Nationwide Brand

In 2006, FAHASA transitioned into a joint-stock company. With the development strategy of “Building a nationwide professional bookstore system,” FAHASA rapidly accelerated investments to create one of the country’s most extensive and professional book distribution networks, reaching the milestone of 100 bookstores.
The year 2005 marked the beginning of FAHASA’s first 10 years operating under the joint-stock company model.

Innovation in the Digital Age –
Pioneering Modern Book Retail

FAHASA has continued to pursue its strategy of building modern, experience-driven bookstores while expanding into e-commerce, digital book sales, and applying advanced technology in operations and customer service. The company also invested in a modern printing, stationery, and packaging facility, and broadened its international partnerships.
By the end of 2024, FAHASA had reached a revenue milestone of VND 4,003 billion and operated 130 bookstores across the country.
On January 1, 2006, Ho Chi Minh City Book Distribution Joint Stock Company – FAHASA was officially established, with 18 bookstores in Ho Chi Minh City and Binh Duong.
By 2025, FAHASA owns a network of over 130 professional bookstores nationwide.

2016 - 2025

Key Milestones

2016 - 2025

Innovation in the Digital Age – Pioneering Modern Book Retail

FAHASA has continued to pursue its strategy of building modern, experience-driven bookstores while expanding into e-commerce, digital book sales, and applying advanced technology in operations and customer service. The company also invested in a modern printing, stationery, and packaging facility, and broadened its international partnerships.
By the end of 2024, FAHASA had reached a revenue milestone of VND 4,003 billion and operated 130 bookstores across the country.

2005 - 2016)

A Decade of Post-Equitization Breakthrough Growth – Establishing a Nationwide Brand

In 2006, FAHASA transitioned into a joint-stock company. With the development strategy of “Building a nationwide professional bookstore system,” FAHASA rapidly accelerated investments to create one of the country’s most extensive and professional book distribution networks, reaching the milestone of 100 bookstores.

1990 - 2005

Transition to a Market-Oriented Mechanism

FAHASA shifted towards commercialization and financial autonomy, gradually reasserting its market position. FAHASA bookstores were progressively upgraded and offered a wider variety of products.

1976 - 1990

Formation and Early Stage

In August 1976, the State-Owned Book Distribution Corporation was established under the Ho Chi Minh City Department of Culture and Information, later renamed the Ho Chi Minh City Book Distribution Corporation (FAHASA). Books were distributed according to planned quotas, mainly serving political and educational purposes.