BAO GIA TRAN TRAVEL TRADING SERVICE COMPANY LIMITED: A Remarkable Comeback in Vietnam’s Tourism Market

BAO GIA TRAN TRAVEL TRADING SERVICE COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ DU LỊCH BẢO GIA TRẦN), based at No. 80, Bau Cat 2 Street, Ward 12, Tan Binh District, Ho Chi Minh City, has stunned the Vietnamese travel sector with an explosive return to growth. Registered under business ID and tax code 0312479363, this limited liability company was founded in 2013 and is helmed by Director Mr. Tran Xuan Hoang.

The company, operating under the brands BaoGiaTran.vn and VivuTourist.com, specializes in air ticketing and tour services. With just 40 employees and a modest charter capital of USD 821,659 (half paid up), BAO GIA TRAN has defied expectations, reporting a dramatic surge in sales to USD 206.46 million in 2023—a 245.54% year-over-year jump.

Financially, the company’s turnaround is striking. From negative equity in previous years, it closed 2023 with a positive net worth of USD 165,131 and posted a small but symbolic profit of USD 5,966. Total assets rose to USD 4.88 million, up 128.9%, reflecting renewed capital investment and operational recovery. These figures mark a stunning recovery after COVID-era downturns.

Yet, the underlying margins remain razor-thin. Despite booming revenue, profitability is fragile, suggesting that BAO GIA TRAN must focus on refining its cost structure, improving customer retention, and building sustainable value. Still, the turnaround story is real—and compelling.

For stakeholders seeking verification or credit assessment of BAO GIA TRAN TRAVEL TRADING SERVICE COMPANY LIMITED, Vanguard Business Information LLC offers the insight you need to make confident, data-driven decisions in Vietnam’s rebounding tourism sector.