CHEMTROVINA CO., LTD

CHEMTROVINA CO., LTD (CÔNG TY TNHH CHEMTROVINA) is a foreign-invested enterprise (FDI) located in Nhon Trach II – Loc Khang Industrial Park, Hiep Phuoc Town, Nhon Trach District, Dong Nai Province, Vietnam. The company was officially registered on October 16, 2014, under Business ID 3603227775, and operates as a one-member limited liability company wholly owned by CHEMTRONICS CO., LTD, a South Korean technology and electronics manufacturer.

Advanced Electronics Manufacturing Hub

CHEMTROVINA specializes in manufacturing electronic components and boards, serving global supply chains in the computer, communications, and consumer electronics sectors. Its operations include metal fabrication, computer and communication equipment assembly, and optical device production. The company’s facilities in Dong Nai allow it to integrate manufacturing efficiency with proximity to major ports and industrial suppliers, strengthening its role as a reliable production base in southern Vietnam’s electronics ecosystem.

Leadership and Management

The company is managed by Mr. Yun Yeong Ho, a South Korean national who serves as General Director and oversees strategic operations, production management, and coordination with the parent company in South Korea.  Ms. Lammy Linh, a Vietnamese national serving as Chief Accountant, supports him and ensures compliance with local financial and tax regulations. This combination of international leadership and local expertise enhances operational stability and governance.

Financial Highlights and Performance Overview

CHEMTROVINA maintains a charter capital of approximately USD 4.47 million, with full paid-up capital of USD 4.55 million, reflecting its well-capitalized foundation. Despite fluctuations in the global electronics market, the company’s 2023 financial results show notable recovery and resilience.

As of the fiscal year ending December 31, 2023, the company reported total assets of USD 65.03 million, down 16.51 percent year-on-year, while equity rose to USD 24.87 million, a 6.95 percent increase from 2022. Revenue reached USD 105.16 million, up 3.19 percent, and net profit improved sharply by 154.62 percent, reaching USD 1.62 million after a weak performance the year before.

Although the company recorded a negative working capital of USD 6.3 million, the significant rebound in profit demonstrates improved cost management and production efficiency. The balance between a lean capital structure and rising sales reflects effective adaptation to global market dynamics and supply chain shifts.

Strategic Position and Outlook

CHEMTROVINA is part of CHEMTRONICS CO., LTD (South Korea), which holds 100 percent ownership. This corporate linkage ensures access to advanced technology, R&D support, and stable international client networks. As a result, CHEMTROVINA has maintained consistent export performance and continues to play a key role in the parent company’s global manufacturing strategy.

The company’s location in Dong Nai’s industrial zone provides logistical advantages and proximity to major electronics manufacturers and export gateways. Its product portfolio, which includes components for computers, communications devices, cameras, and consumer electronics, aligns with Vietnam’s growing role as an electronics production hub in Asia.

Looking ahead, CHEMTROVINA will likely focus on maintaining production efficiency, improving liquidity, and expanding output for high-value components. With a strong equity base, rising profitability, and continued support from its parent company, CHEMTROVINA is expected to sustain stable operations and reinforce its position as a reliable electronics manufacturer within Vietnam’s industrial landscape.