AMPACS INTERNATIONAL COMPANY LIMITED

AMPACS INTERNATIONAL COMPANY LIMITED (CÔNG TY TNHH AMPACS INTERNATIONAL) is a growing FDI manufacturer located in the Bau Bang Industrial Park, Binh Duong Province. Since its establishment in 2019, the company has scaled quickly, with a workforce of nearly 6,000 employees and a strong specialization in the production of wired and wireless electronic headsets, communication devices, and consumer-electronics components. Its legal and operational structure is wholly foreign-owned, with AMPACS CORPORATION (Taiwan) holding 100 percent of equity. 

Legal Status and Corporate Structure

Registered under Business ID 3702768704, AMPACS operates as a limited liability company with paid-up capital exceeding USD 48 million. Its head office is strategically located at Lot B7_H_CN, Bau Bang Industrial Park, Binh Duong, an increasingly competitive hub for high-tech supply chains. The company’s legal framework is stable, and its FDI profile allows it to leverage global expertise in electronics manufacturing. Leadership is headed by Director Huang Wei-Wen, a Taiwanese national 

Key Operational Insights

The company’s product portfolio positions it well within Vietnam’s booming electronics export ecosystem. However, the firm shows signs of financial imbalance: despite steady asset levels at USD 127.19 million, working capital remains profoundly negative at –USD 39.4 million, indicating liquidity stress and high short-term obligations. Moreover, sales dipped by 5.23 percent in 2023, suggesting pressure from shifting global consumer electronics orders. 

Financial Performance: A Sharp Equity Rebound

The standout financial signal is the dramatic recovery in owner’s equity, jumping 191.87 percent in 2023—from USD 10.36 million to USD 30.25 million. This surge, combined with the return to profitability (USD 328,545), marks a turnaround after consecutive losses in 2021 and 2022. But the underlying risk remains: persistent negative working capital raises concerns about cash-flow sustainability and the company’s reliance on external financing to support operations and expansion