ADG NATIONAL INVESTMENT AND TECHNOLOGY DEVELOPMENT CORPORATION

ADG NATIONAL INVESTMENT AND TECHNOLOGY DEVELOPMENT CORPORATION (CÔNG TY CỔ PHẦN ĐẦU TƯ VÀ PHÁT TRIỂN CÔNG NGHỆ QUỐC GIA ADG) is a Vietnam-based joint stock company with Business Registration Number 0102023052. Founded on September 6, 2006, and headquartered at No. 42+44, Nguy Nhu Kon Tum Street, Nhan Chinh Ward, Thanh Xuan District, Ha Noi, this company has expanded its footprint through branches in Da Nang, Ho Chi Minh City, and Can Tho. It currently employs around 190 people and operates in the wholesale of electronic and telecommunications equipment while also providing IT integration services and software development.

The legal structure of ADG NATIONAL INVESTMENT AND TECHNOLOGY DEVELOPMENT CORPORATION reflects a privately held enterprise with a charter and paid-up capital of USD 7.89 million. Key leadership includes Mr. VU MINH TUAN as Chairman, Mr. DANG VU TOAN as General Director, and Ms. DO THI HAI HA as Deputy General Director. The shareholder structure is primarily domestic, with Mr. VU MINH TUAN holding the largest stake at 40.9%.

Financially, the company experienced a mixed year in 2023. While revenue rose slightly by 3.49% to reach USD 281.08 million, profitability took a significant hit. The company reported a loss of USD 5.29 million, reversing the prior years' steady profits and indicating a 326.76% drop in net income. Equity sharply declined to USD 2.21 million, down from USD 8.73 million a year earlier, while total assets contracted by over 8% to USD 57.85 million. The negative working capital of nearly USD 900,000 points to liquidity challenges that may impact operational agility and financial stability.

Despite these issues, the company remains an active player in Vietnam’s technology and telecommunications distribution space. Its wide-ranging business activities, from software publishing and data hosting to road transport and hospitality, illustrate an effort to diversify revenue streams, though this broad scope may also contribute to strategic diffusion.

Given its weakened equity position and declining profitability, ADG NATIONAL INVESTMENT AND TECHNOLOGY DEVELOPMENT CORPORATION is a strong candidate for detailed financial scrutiny. For partners and investors looking to engage with this firm, obtaining a comprehensive Company Report is crucial. The current trajectory raises red flags that warrant proactive Risk Management Services, especially for creditors and suppliers. VANGUARD BUSINESS INFORMATION LLC (VBI) provides in-depth Vietnam Financial Data and Business Verification Services to help mitigate risks and clarify the long-term viability of engagements with ADG NATIONAL INVESTMENT AND TECHNOLOGY DEVELOPMENT CORPORATION.