BIEN DONG SEAFOOD LIMITED LIABILITY COMPANY

BIEN DONG SEAFOOD LIMITED LIABILITY COMPANY (CÔNG TY TNHH THỦY SẢN BIỂN ĐÔNG) is a major private player in Vietnam’s seafood processing sector, specializing in the production and export of pangasius, swai, and tilapia products. Established on March 2, 2005, the company is legally registered under Tax Code: 1800581926 and is headquartered at Lot No. II-18B1, 18B2, Tra Noc 2 Industrial Park, Phuoc Thoi Ward, O Mon District, Can Tho City, Vietnam. It operates multiple facilities across Can Tho, Tra Vinh, and Hau Giang provinces, employing over 7,000 workers.

Despite its scale, BIEN DONG SEAFOOD LIMITED LIABILITY COMPANY has experienced notable financial stress in 2023. Total sales dropped 16.37%, landing at USD 162.44 million, while net profit reversed into a loss of USD 7,496—a stark contrast from the previous year’s profit. The company’s total assets declined to USD 149 million, marking a third consecutive year of decline. Moreover, working capital turned negative, posting USD -199,496, raising potential concerns about short-term liquidity and vendor payment reliability.

This type of risk pattern—subtle erosion of equity (which dropped 0.03% year-on-year), stagnant net worth, and deteriorating profit margins—should trigger active financial surveillance. That’s where Vanguard Business Information LLC (VBI) plays a crucial role. Our specialized business verification services, private company financial reports, and Vietnam litigation checks empower importers, trade financiers, and international buyers to make confident decisions when dealing with volatile supply chain partners like BIEN DONG SEAFOOD LIMITED LIABILITY COMPANY.

The company is led by Mr. Ngo Q. T., who owns 95.91% of the firm, with Ms. Truong T. N. T. holding the remaining 4.09%. BIEN DONG SEAFOOD also diversifies into plastic manufacturing, aquaculture, meat and fruit processing, animal feed production, and logistics—yet the core risk remains concentrated in its seafood operations. Given the export reliance and operational complexity, real-time credit monitoring is highly recommended.