AA TAY NINH CORPORATION
ActiveAA TAY NINH CORPORATION
ActiveAA TAY NINH CORPORATION
ActiveSummary
Founded in 2018, AA Tay Ninh Corporation is a privately held Vietnamese manufacturer specializing in wooden furniture for domestic and international markets. The company operates within the AA Corporation network, one of Vietnam’s most established high end furniture and interior design groups. From its large scale production base in Tay Ninh, the company manufactures a wide range of furniture products that support hospitality, residential, and commercial projects.
AA Tay Ninh employs approximately 4,000 workers, enabling high volume production and extensive craftsmanship capability. Its business lines also extend into construction support activities, metal fabrication, and specialized design services, reflecting a diversified operating scope that goes beyond standard furniture manufacturing.
An interesting feature of AA Tay Ninh’s operations is its ability to integrate both manufacturing and construction related services within a single corporate structure, allowing the company to supply complete interior packages for hotels, resorts, and large scale architectural projects. This integrated model positions the company to serve clients seeking turnkey interior solutions rather than stand alone furniture products.
Leadership and Shareholders
The company is led by Tran Q. T., General Director, who is responsible for corporate strategy, operational oversight, and coordination across manufacturing, engineering, and construction related activities. His leadership covers the expansion of production capacity, workforce management, and execution of high specification customer projects.
Financial management is overseen by Vo T. M. C., Chief Accountant, who ensures compliance with Vietnamese accounting standards and supports financial planning across the company.
The ownership structure is dominated by AA Corporation, which holds 95.38 percent of total equity. Nguyen Q. K. owns 2.62 percent, while Nguyen L. N. T. holds 2 percent. Charter capital was reported at USD 35.33 million, with paid up capital at USD 27.11 million, reflecting substantial private investment and long term capitalization.
Financial Growth and Market Risks
In 2023, AA Tay Ninh Corporation achieved revenue of approximately USD 81.11 million, reflecting a modest increase compared with 2022. Total assets rose by more than seven percent and equity strengthened significantly, indicating continued reinvestment within the company. Profit declined sharply due to rising labor costs, material price pressures, and a slowdown in certain project segments. Working capital decreased by more than fifteen percent, signaling tighter liquidity conditions during the fiscal period.
The company operates in a sector affected by the cyclical nature of construction and hospitality investment. Exposure to raw material price volatility, specialization in project based manufacturing, and reliance on both domestic and export demand introduce notable market risks. The company also faces growing environmental and compliance requirements linked to wood sourcing and industrial production. A full evaluation of liquidity strength, capital structure, operational resilience, and risk exposure is available through the VNBIS Company Comprehensive Report, which offers detailed analysis for banks, investors, and strategic buyers.
Business Intelligence and Risk Outlook
AA Tay Ninh Corporation benefits from its integration with AA Corporation, which provides access to established design expertise, international client networks, and advanced production technologies. Its ability to deliver full interior packages aligns with Vietnam’s growing hospitality, resort, and mixed use development sectors. As new hotel and commercial projects continue across Southeast Asia, the company is positioned to support demand for high specification furniture and interior finishing.
The long term outlook depends on the company’s ability to manage cost volatility, maintain production efficiency, and diversify its customer base beyond project centered contracts. Sustaining competitiveness will require continued investment in automation, skilled labor, and environmentally responsible sourcing. The company’s production scale and affiliation with a well known industry group support its prospects as market conditions stabilize.
VNBIS Support and Business Services
Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating AA Tay Ninh Corporation and its financial and operational standing.
VNBIS services include:
- Company Credit Reports evaluating solvency, liquidity, and financial health
- Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
- Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records
Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.
Legal Profile
Contacts
+ TRAN Q.T
+ VO T.M.C
Business Sector
Industry Sales Growth
0.95%
-8.30%
Companies by industry
8,799
0.3025%
Key Industry Players
Payment History
Financial Performance
| Assets | 97.55% |
| Owner’s Equity | 7.84% |
| Working Capital | 77.65% |
| Net Worth | -42.54% |
| Sales | 10.41% |
| Operating income | -82.38% |
| EBIT | -41.64% |
| Gross Profit Margin | -40.36% |
| Debt to EBITDA | 7.01% |