789 MIEN TRUNG ONE MEMBER COMPANY LIMITED

789 MIEN TRUNG ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN 789 MIỀN TRUNG) is a Vietnamese construction company specializing in building construction and infrastructure development. Established on April 4, 2011, the company has been actively involved in various commercial and residential projects across the country. With its headquarters located at 548 Trung Nu Vuong, Hoa Thuan Tay Ward, Hai Chau District, Da Nang City, Vietnam, 789 MIEN TRUNG ONE MEMBER COMPANY LIMITED is strategically positioned to support Vietnam’s growing construction sector.

Legal Status and Business Registration

789 MIEN TRUNG ONE MEMBER COMPANY LIMITED is registered as a one-member limited liability company (LLC) under Business ID 0401416301 with the Da Nang Department of Planning and Investment. The company operates under Tax Identification Number (TIN) 0401416301, ensuring compliance with Vietnamese business regulations and tax laws.

This company is wholly owned by 789 CORPORATION, a well-established construction entity based in Ha Noi, providing it with financial support and operational expertise.

Leadership and Workforce

The company is managed by Director PHUNG QUOC HUNG, who oversees its business operations, project execution, and strategic growth. The company employs a skilled workforce, enabling it to deliver quality construction services to clients across both the public and private sectors.

Business Activities and Industry Presence

Vietnam’s construction industry is expanding due to urban development, foreign investments, and infrastructure upgrades. 789 MIEN TRUNG ONE MEMBER COMPANY LIMITED primarily focuses on:

• Construction of buildings
• Urban and infrastructure development
• Public and private sector projects

As Vietnam continues to modernize, the company plays an important role in the construction of residential, commercial, and industrial buildings.

Financial Position and Market Standing

The company has demonstrated financial stability, with total assets reaching USD 8.16 million in 2023. Although sales declined slightly by 2.31%, its profitability remained positive, showing that the company can sustain its operations despite market challenges.

The Role of VBI in Business Risk Management

Engaging with construction companies in Vietnam requires a thorough understanding of their financial strength, regulatory compliance, and project execution capabilities. VANGUARD BUSINESS INFORMATION LLC (VBI) provides business verification and financial risk assessment services, offering:

• Verification of company registration and tax compliance
• Analysis of financial performance and business risks
• Ownership structure and shareholder insights
• Industry benchmarking for construction companies

With VBI’s reliable business intelligence services, companies can mitigate risks, assess financial viability, and make informed decisions when working with 789 MIEN TRUNG ONE MEMBER COMPANY LIMITED and other Vietnamese construction companies.