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BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

Active

Business ID 3500101650

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

Active

Business ID 3500101650

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

Active

Summary

Name:

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

Business ID (TIN):

3500101650

Date of Registration:

03 Mar 2009

Registered Office:

Ba Ria - Vung Tau Department of Planning and Investment

Address:

No. 05 Thong Nhat, Ward 1, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Financial Statement:

2019, 2020, 2021, 2022, 2023

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT TỈNH BÀ RỊA - VŨNG TÀU) is a fully state-owned enterprise established on March 3, 2009, and registered with the Ba Ria - Vung Tau Department of Planning and Investment under Business ID and Tax Code 3500101650. Operating as a one-member limited liability company, the firm is headquartered at No. 05 Thong Nhat Street, Ward 1, Vung Tau City. It plays a key role in the province’s public revenue system through its licensed lottery business.

In line with Vietnam’s policy to regulate and promote provincial lottery operations as a legitimate source of government income, BA RIA - VUNG TAU LOTTERY COMPANY LIMITED has delivered strong and consistent financial performance. In 2023, the company reported USD 205.82 million in sales, representing an 11.08% increase from the previous year. Net profit reached USD 26.54 million, marking an 18.74% increase, while total assets expanded to USD 48.74 million, reflecting robust financial health and efficient capital deployment.

Under the leadership of Chairwoman cum Director Duong Minh Tu, the company has shown steady growth in profit and asset base over multiple fiscal years. Despite a minor drop in working capital by 8.52%, the company remains well-capitalized with a fully paid-up charter capital of USD 25.06 million and stable equity levels. This financial resilience is critical in a sector where state-owned lottery firms must operate transparently, fund public programs, and maintain public trust.

Vietnam’s legal lottery industry—unlike illegal gambling—is tightly regulated by provincial governments. Nearly every province runs its own lottery entity to channel revenues into education, healthcare, and infrastructure. BA RIA - VUNG TAU LOTTERY COMPANY LIMITED fits this model, demonstrating how provincial lottery systems are not only viable but essential to decentralized state budgeting.

For those interested in business dealings, partnerships, or financial evaluations involving BA RIA - VUNG TAU LOTTERY COMPANY LIMITED, we recommend accessing in-depth risk profiles and financial reviews through Vanguard Business Information LLC (VBI). Our credit reporting team provides verified insights and transparency on Vietnam’s state-owned lottery companies, supporting strategic and informed decision-making.

Legal Profile

English Name:

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT TỈNH BÀ RỊA - VŨNG TÀU

Short Name:

BARIALOCO

Business ID (TIN):

3500101650

Date of Registration:

03 Mar 2009

Registered Office:

Ba Ria - Vung Tau Department of Planning and Investment

Operation Status:

Active

Contacts

Key Decision Makers:

DUONG M.T

Address:

No. 05 Thong Nhat, Ward 1, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Old Address:

No. 5 Thong Nhat, No. 1 ward, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Business Sector

Key business lines:

VSIC:

9200 Lottery, betting and gambling activities

NACE:

92.00 Gambling and betting activities

NAICS:

7132 Gambling Industries

Industry Sales Growth

CAGR (2019 - 2023)

19.73%

YoY (2023)

22.00%

Companies by industry

Company distribution and propportions

329

0.0113%

Key Industry Players

Top 10 companies in lottery, betting and gambling activities industry

ho chi minh city lottery company limited (translated name) tay ninh lottery one member limited liability company (translated name) tien giang lottery one member limited liability company dong nai lottery and general services company limited (translated name) kien giang lottery one member company limited (translated name) lam dong lottery one member company limited ben tre lottery one member company limited dong thap lottery one member company limited (translated name) tra vinh province lottery one member company limited (translated name) binh thuan province lottery one member company limited

Payment History

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Financial Performance

Assets	83.02%
Owner’s Equity	45.60%
Working Capital	58.60%
Net Worth	-17.21%
Sales	43.14%
Operating income	52.91%
EBIT	19.97%
Gross Profit Margin	20.42%
Debt to EBITDA	-23.19%

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Specific Questions About BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

When did BA RIA - VUNG TAU LOTTERY COMPANY LIMITED start operating?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED was started in 03 Mar 2009

What industry does BA RIA - VUNG TAU LOTTERY COMPANY LIMITED operate in?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED is operating in "Lottery, betting and gambling activities" industry

How can I contact BA RIA - VUNG TAU LOTTERY COMPANY LIMITED?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED don't share phone numbers information

What adverse news is there about BA RIA - VUNG TAU LOTTERY COMPANY LIMITED?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED’s has no negative news

What is stock symbol of BA RIA - VUNG TAU LOTTERY COMPANY LIMITED?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED is not listed company

Where is the location of BA RIA - VUNG TAU LOTTERY COMPANY LIMITED?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED is located at No. 05 Thong Nhat, Ward 1, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

What is BA RIA - VUNG TAU LOTTERY COMPANY LIMITED’s business registration?

BA RIA - VUNG TAU LOTTERY COMPANY LIMITED business registration is 3500101650

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BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

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BA RIA - VUNG TAU LOTTERY COMPANY LIMITED

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