COLGATE-PALMOLIVE (VIETNAM) LIMITED
ActiveCOLGATE-PALMOLIVE (VIETNAM) LIMITED
ActiveCOLGATE-PALMOLIVE (VIETNAM) LIMITED
ActiveSummary
COLGATE-PALMOLIVE (VIETNAM) LIMITED (Vietnamese name: CÔNG TY TRÁCH NHIỆM HỮU HẠN COLGATE-PALMOLIVE (VIỆT NAM)) is one of the most established foreign-invested FMCG manufacturers in Vietnam, representing the local operating arm of the global Colgate-Palmolive group. The company was incorporated in October 2007 and has since developed into a core production, distribution, and marketing platform for oral care and personal care products serving the Vietnamese market.
Operationally, the company is active across manufacturing, trading, and distribution of a wide range of fast-moving consumer goods, including toothpaste, toothbrushes, mouthwash, soap, shampoo, shower gel, and fabric softeners. With approximately 1,000 employees, a head office in District 1, Ho Chi Minh City, a large manufacturing facility in My Phuoc 3 Industrial Park, and a representative office in Hanoi, Colgate-Palmolive (Vietnam) maintains a nationwide presence across both modern trade and traditional retail channels.
From a financial standpoint, the company demonstrates a stable, high-quality earnings profile typical of mature FMCG operations. In FY2023, net sales reached approximately USD 62.9 million, while net profit increased strongly to USD 3.7 million, reflecting improving margins and operating leverage. Total assets rose to USD 22.4 million, and owners’ equity more than tripled over the 2021–2023 period, signaling consistent reinvestment and retained earnings growth. Despite slightly negative working capital—common in consumer goods businesses with strong cash conversion cycles—the company’s overall financial health appears solid and well supported by its parent group.
Governance and ownership further reinforce its low-risk profile. The company is 100% owned by Colgate-Palmolive (New York) Inc., ensuring direct strategic oversight, brand control, and access to global standards in compliance, supply chain management, and sustainability. Day-to-day operations are led by HARI N. D., with a professional management team combining international leadership and experienced Vietnamese executives, particularly in finance and commercial operations.
In the context of Vietnam’s highly competitive consumer goods market, COLGATE-PALMOLIVE (VIETNAM) LIMITED benefits from strong brand equity, deep distribution penetration, and long-term consumer trust. Key risks are largely external, including volatility in input costs, promotional pressure from competitors, and shifts in consumer preferences. However, the company’s consistent profitability, rising equity base, and backing from a global FMCG leader position it among the most financially resilient and operationally stable foreign manufacturers in Vietnam’s consumer products sector.
For stakeholders seeking a deeper assessment of multinational FMCG players in Vietnam—including financial performance, ownership structure, operational risks, and peer comparisons—VANGUARD BUSINESS INFORMATION LLC (VNBIS) provides comprehensive and up-to-date company intelligence through its platform vnbis.com, supporting informed decisions across Vietnam’s consumer and manufacturing industries.
Legal Profile
Contacts
+ HARI N.D
+ PHAN P.K
Business Sector
Industry Sales Growth
0.66%
3.33%
Companies by industry
3,552
0.1221%
Key Industry Players
Payment History
Financial Performance
| Assets | -18.94% |
| Owner’s Equity | 20.98% |
| Working Capital | 61.90% |
| Net Worth | 68.41% |
| Sales | 13.88% |
| Operating income | -67.60% |
| EBIT | 84.97% |
| Gross Profit Margin | -39.65% |
| Debt to EBITDA | 51.52% |