BRANCH OF SYNNEX FPT DISTRIBUTION COMPANY LIMITED

SYNNEX FPT DISTRIBUTION COMPANY LIMITED - BRANCH (CHI NHÁNH CÔNG TY TNHH PHÂN PHỐI SYNNEX FPT) is a subsidiary branch of SYNNEX FPT DISTRIBUTION COMPANY LIMITED, specializing in the wholesale of electronic and telecommunications equipment and parts. Established on December 28, 2005, the branch operates under Business ID 0104264818-002 and is based in Tan Thuan Export Processing Zone, District 7, Ho Chi Minh City, Vietnam. As part of FPT Corporation’s distribution network, it plays a key role in Vietnam’s electronics and technology supply chain, catering to sectors such as healthcare, education, telecommunications, and consumer goods.

As of 2023, the branch reported total assets of USD 83.71 million, showing a 2.47% decline from the previous year, while sales revenue dropped by 4.3% to USD 538.77 million, reflecting market slowdowns in the technology and electronics sectors. Despite these setbacks, the branch returned to profitability, recording a net profit of USD 1.95 million, after a significant loss of USD 5.29 million in 2022. Equity also rebounded by 136.94%, indicating financial recovery through cost optimization and improved sales margins. The branch maintains a positive working capital of USD 1.56 million, ensuring short-term operational liquidity.

SYNNEX FPT DISTRIBUTION COMPANY LIMITED holds 100% ownership, reinforcing the branch’s role as a strategic extension of its parent company’s national distribution network. The leadership team includes Chief Accountant Lê Thị Minh Hoa, Head of Administration Vũ Thị Thúy Lan, and Sales Manager Hùng Công Hiển, managing a workforce of 120 employees. 

Vietnam’s electronics distribution industry is highly competitive, influenced by global supply chain disruptions, currency fluctuations, and shifting consumer demand. VBI’s industry insights suggest that SYNNEX FPT must strengthen supplier relationships, expand into emerging technology markets, and enhance value-added services to sustain long-term profitability. As digital transformation accelerates in Vietnam, the branch has the potential to leverage FPT’s technological expertise and supply chain efficiencies to remain a leading electronics distributor in the region.

VANGUARD BUSINESS INFORMATION (VBI) verifies that the branch operates with full legal compliance and corporate governance, ensuring transparent financial reporting.