AIDI VIETNAM CANDLES ARTS & CRAFTS COMPANY LIMITED

AIDI VIETNAM CANDLES ARTS & CRAFTS COMPANY LIMITED is a well-established foreign-invested manufacturing enterprise operating in Vietnam’s arts, crafts, and decorative candle segment. With more than two decades of continuous operations, the company has built a strong industrial footprint in Quang Ninh Province, serving both domestic and export-oriented markets through large-scale, standardized production.

According to data compiled by Vanguard Business Information (VNBIS), AIDI Vietnam demonstrates solid asset backing, stable equity growth, and a resilient recovery in sales and profitability, positioning it as one of the notable long-standing FDI manufacturers in northern Vietnam’s light manufacturing ecosystem. 

Business Overview and Legal Status

AIDI Vietnam operates as a one-member limited liability company with 100% foreign direct investment (FDI). The enterprise is legally registered and active, with its head office located in Cai Lan Industrial Park, Ha Long City, Quang Ninh Province—a strategic industrial zone with access to ports, logistics infrastructure, and export routes.

The company’s core business focuses on manufacturing art and decorative candles, while its registered business lines extend across a wide range of supporting manufacturing activities, including chemicals, plastics, paper packaging, printing, and other fabricated products. This diversified registration profile allows operational flexibility and vertical integration across production and packaging stages. 

Ownership Structure and Management

AIDI Vietnam is wholly owned by a single foreign shareholder, reflecting a highly concentrated ownership structure. Strategic decision-making is therefore streamlined, with minimal shareholder complexity.

The company’s executive management includes a General Director of Chinese nationality, supported by a Vietnamese Deputy General Director, indicating a hybrid management model that combines foreign operational standards with local regulatory and labor market familiarity. This structure is common among export-oriented FDI manufacturers and typically enhances compliance efficiency and workforce management. 

Workforce and Operational Scale

With a workforce of approximately 1,800 employees, AIDI Vietnam operates at an industrial scale rather than a small craft level. This headcount reflects labor-intensive production processes typical of decorative and consumer goods manufacturing, while also signaling the company’s importance as a local employer within Quang Ninh Province.

The company maintains both a head office and an additional branch facility in the same province, reinforcing its long-term operational commitment to the region. 

Financial Capacity and Performance Snapshot

Financial data reviewed by VNBIS indicates that AIDI Vietnam maintains a strong balance-sheet position relative to its industry peers.

The company reports total assets exceeding USD 40 million, supported by equity of nearly USD 32 million, reflecting a healthy capitalization level and limited balance-sheet stress. Working capital remains positive and sizable, suggesting adequate short-term liquidity to support day-to-day manufacturing operations and procurement cycles.

On the income side, annual sales exceed USD 85 million, with profitability recovering strongly after a period of volatility. Net profit has shown a clear rebound trajectory, indicating improved cost control, demand stabilization, or operational optimization. This financial profile places AIDI Vietnam among the more financially resilient mid-to-large FDI manufacturers in Vietnam’s non-essential consumer goods segment. 

Risk Considerations and Business Context

From a credit-risk and due-diligence perspective, AIDI Vietnam presents a low to moderate operational risk profile, supported by long operating history, stable ownership, and solid capital structure.

However, several structural risk factors remain relevant for counterparties, lenders, and trade partners:

• Export and demand sensitivity, as decorative candles are discretionary consumer products and may be affected by global consumption cycles.

• Labor dependency, given the large workforce and exposure to wage inflation or labor regulation changes.

• Single-shareholder concentration, which simplifies governance but also concentrates strategic risk.

These factors underline the importance of continuous monitoring rather than one-time assessment.

Why a VNBIS Due Diligence Report Matters

For banks, credit insurers, importers, distributors, and strategic partners, a standard company profile may not be sufficient. A Vietnam Due Diligence Report from VNBIS provides deeper insight into legal standing, financial sustainability, ownership structure, management background, and operational risks—helping decision-makers verify counterparties before extending credit, signing long-term supply contracts, or committing capital.

With access to Vietnam business data, verification services, and company-level intelligence, VNBIS supports informed decision-making across manufacturing, trade finance, and investment activities.