AMATA CITY HALONG JOINT STOCK COMPANY
ActiveAMATA CITY HALONG JOINT STOCK COMPANY
ActiveAMATA CITY HALONG JOINT STOCK COMPANY
ActiveSummary
Established in 2018, Amata City Halong Joint Stock Company is a foreign direct investment enterprise responsible for developing and operating Song Khoai Industrial Park in Quang Ninh Province. The company engages in industrial park infrastructure development, land use management, site preparation, utility supply, and a wide range of urban support services that enable the creation of industrial clusters in northern Vietnam. With approximately 150 employees, the company supports infrastructure design, construction supervision, utility management, and investor services within the park.
A notable distinguishing feature of Amata City Halong is its position within the regional expansion strategy of Amata Group, one of Southeast Asia’s most recognized industrial park developers. Song Khoai Industrial Park is strategically located near deep sea ports, improving access for global manufacturers seeking industrial capacity in northern Vietnam.
Leadership and Shareholders
The company is led by Nguyen V. N., General Director, who oversees infrastructure development, operational management, and coordination with provincial authorities and foreign tenants. His responsibilities include land leasing, service delivery, and compliance with investment regulations.
Amata City Halong is wholly owned by Amata VN Public Company Limited of Thailand, which holds 100 percent equity. Charter capital is recorded at USD 21.78 million, with paid up capital of USD 20.59 million. The ownership structure reflects the company’s position as a strategic investment vehicle of Amata Group in Vietnam.
Financial Growth and Market Risks
In 2023, Amata City Halong achieved revenue of approximately USD 80.21 million, supported by the lease of industrial land and related service activities. Assets increased significantly while equity strengthened, demonstrating rising investment in industrial zone infrastructure. Profit improved from prior year performance as demand for land and utilities increased.
The company operates in a sector influenced by industrial development cycles, foreign direct investment inflows, and provincial planning policies. Market risks include fluctuations in occupancy demand, delays in infrastructure rollout, and regulatory changes affecting land use and industrial park operations. A full analysis of liquidity, profitability, credit exposure, utility cost structures, and land leasing risk is available in the VNBIS Company Comprehensive Report, providing deeper insight for investors, suppliers, and financial institutions.
Business Intelligence and Risk Outlook
Amata City Halong is positioned to benefit from Vietnam’s strong foreign investment flows, particularly in electronics manufacturing, logistics, and supporting industries. The strategic location of Song Khoai Industrial Park, close to ports and major transport corridors, enhances its competitiveness for multinational tenants.
Short term performance is likely to be supported by stable demand from foreign manufacturers expanding into northern Vietnam. Over the long term, sustained investment in infrastructure, utilities, and supporting services will be essential to maintain the park’s position among leading industrial zones in the region. The company’s backing by a well established regional developer provides long term stability, although careful management of land development phases and service capacity will be important to sustain growth.
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 Amata City Halong Joint Stock Company and its financial and operational standing.
VNBIS services include:
- Company Credit Reports evaluating solvency, liquidity, and overall financial health
- Risk Management Solutions analyzing exposure to industrial park development cycles, capital structure, and profitability trends
- Business Verification and Due Diligence Reports confirming ownership, regulatory compliance, and governance practices
Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.
Legal Profile
Contacts
Business Sector
Key business lines:
Industry Sales Growth
-0.24%
22.30%
Companies by industry
29,407
1.0106%
Key Industry Players
Payment History
Financial Performance
| Assets | -19.30% |
| Owner’s Equity | -38.46% |
| Working Capital | 94.25% |
| Net Worth | -91.24% |
| Sales | -75.78% |
| Operating income | 96.56% |
| EBIT | -22.24% |
| Gross Profit Margin | -77.64% |
| Debt to EBITDA | 28.59% |