BAC LIEU LOTTERY ONE MEMBER COMPANY LIMITED

BAC LIEU LOTTERY ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT BẠC LIÊU) is a state-owned enterprise operating in Vietnam’s highly structured legal lottery system. Founded on January 25, 2010, and registered with the Bac Lieu Department of Planning and Investment under Business ID 1900135322, the company serves as a major revenue-generating body for the provincial government. Its head office is located at No. 07, Hai Ba Trung Street, Ward 3, Bac Lieu City, Bac Lieu Province, and it functions under the full ownership of the People’s Committee of Bac Lieu Province.

In 2023, BAC LIEU LOTTERY ONE MEMBER COMPANY LIMITED continued its consistent performance with total sales of USD 205.28 million, marking a 11.88% increase year-over-year. It reported net profit of USD 25.89 million, growing by 4.3%, and expanded its total assets to USD 63.67 million, up 16.44% from the previous year. These figures indicate steady growth despite market maturity and competition within the state-run lottery sector.

What distinguishes BAC LIEU LOTTERY ONE MEMBER COMPANY LIMITED is its efficient operational model. With only 61 employees, the company maintains high productivity and impressive financial returns, operating within a sector that is tightly regulated to ensure responsible gambling and fund redistribution. The company’s charter capital remains stable at USD 16.43 million, fully paid up, with consistent net worth and working capital that reflect solid financial health.

Under the leadership of Chairperson Nguyen Van Truyen, the company supports Vietnam’s broader strategy of utilizing legal gambling as a means of funding development. Like all provincial lottery companies, BAC LIEU LOTTERY ONE MEMBER COMPANY LIMITED channels proceeds into public services such as education, healthcare, and infrastructure, making it not just a commercial enterprise but a financial engine for regional growth.

To evaluate this company’s credit profile, legal standing, or fiscal risk potential, stakeholders can consult Vanguard Business Information LLC (VBI). VBI offers verified reports and due diligence services to support informed engagement with Vietnam’s network of government-backed lottery companies.