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DHL - VNPT EXPRESS LTD

Active

Business ID 0304680974

84-28 / 3844 6203

DHL - VNPT EXPRESS LTD

Active

Business ID 0304680974

84-28 / 3844 6203

DHL - VNPT EXPRESS LTD

Active

Summary

Name:

DHL - VNPT EXPRESS LTD

Business ID (TIN):

0304680974

Date of Registration:

27 Sep 2006

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Address:

No. 6, Thang Long Street, Ward 4, Tan Binh District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3844 6203

Financial Statement:

2020, 2021, 2022, 2023, 2024

DHL - VNPT EXPRESS LTD, a joint venture between Deutsche Post International BV (Netherlands, 51%) and Vietnam Post (VNPT) (49%), has long been considered a reputable express delivery provider in Vietnam. Since 2006, with a workforce of around 700 employees, the company has had a strong national footprint, with hubs in Ho Chi Minh City, Hai Phong, Da Nang, and Dong Nai.

While the DHL brand brings global credibility, and VNPT ensures local connectivity, the company’s latest financials suggest a phase of stabilization rather than expansion — something worth noting for potential partners, clients, and suppliers.

Key Observations

In 2023, sales dropped significantly—falling more than 22% year-on-year, down to approximately USD 112 million from over USD 143 million the year before. This decline represents a major shift for a logistics company, especially during a period when e-commerce and express delivery continue to thrive in many markets.

Profit also fell by 20%, from nearly USD 3.76 million in 2022 to USD 3 million in 2023, though this still reflects a healthy margin for the sector. However, it’s essential to recognize that profits had previously surged in 2022, making this recent drop a signal that the high-growth momentum may be flattening.

At the same time, total assets shrank by nearly 10%, continuing a downward trend from the previous year. Working capital stood at just over USD 1.2 million, which could be seen as modest compared to the scale of operations. When viewed together, these changes raise questions about whether the company is optimizing for efficiency or facing cost or demand-side pressures in the Vietnamese logistics market.

Why This Matters

From a due diligence and credit perspective, DHL - VNPT is still financially sound and operationally active, but it's no longer in aggressive growth mode. For partners looking for reliable service — especially with international logistics and customs integration — DHL-VNPT remains a strong option. But for those interested in long-term investment, vendor agreements, or corporate partnerships, it’s essential to look closely at how the company adapts to post-boom logistics demand, price competition, and internal restructuring.

At VANGUARD BUSINESS INFORMATION LLC (VNBIS), we provide detailed, data-driven insights to help clients look beyond the brand and assess a company’s real-time financial health, market dynamics, and operational resilience. Before making your next move in Vietnam’s logistics or B2B services sector, ensure you’re armed with a full VNBIS report — where honest analysis helps you minimize risk and maximize opportunity.

Legal Profile

English Name:

DHL - VNPT EXPRESS LTD

Vietnamese Name:

CÔNG TY TNHH CHUYỂN PHÁT NHANH DHL - VNPT

Business ID (TIN):

0304680974

Date of Registration:

27 Sep 2006

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ CARLOS B.B.H

+ PHAM X.K

Address:

No. 6, Thang Long Street, Ward 4, Tan Binh District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3844 6203

Branch:

No. 188m Be Van Dan Street, Thanh Khe Ward, Da Nang City, Vietnam

Branch:

Vinh Niem Industrial Cluster, An Bien Ward, Hai Phong City, Vietnam

Branch:

No. 1, Road 2A, Bien Hoa II Industrial Park, Tran Bien Ward, Dong Nai Province, Vietnam

Branch:

No. 169/66, Road 30/4, Group 98, Area 2, Thu Dau Mot Ward, Ho Chi Minh City, Vietnam

Branch:

Land No. 714, Rung Sen Hamlet, Duc Lap Commune, Tay Ninh Province, Vietnam

Branch:

No. 330, Nguyen An Ninh Street, Tam Thang Ward, Ho Chi Minh City, Vietnam

Branch:

No. 1, Huynh Tan Phat Street, Sai Dong B Industrial Park, Long Bien Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

5310 Postal activities

NAICS:

49111 Postal Service

Industry Sales Growth

CAGR (2019 - 2023)

-5.85%

YoY (2023)

-0.22%

Companies by industry

Company distribution and propportions

2,062

0.0709%

Key Industry Players

Top 10 companies in postal activities industry

hop nhat international joint stock company viettel post joint stock corporation vietnam post dhl - vnpt express ltd viettelpost service and commerce one member company limited tuc thoi service corporation best express (vietnam) company limited nhat tin investment trading development joint stock company htl logistics solutions company limited spx express company limited

Payment History

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Financial Performance

Assets	93.54%
Owner’s Equity	52.76%
Working Capital	64.34%
Net Worth	-38.30%
Sales	84.24%
Operating income	-14.23%
EBIT	-31.61%
Gross Profit Margin	-0.43%
Debt to EBITDA	61.71%

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Specific Questions About DHL - VNPT EXPRESS LTD

When did DHL - VNPT EXPRESS LTD start operating?

DHL - VNPT EXPRESS LTD was started in 27 Sep 2006

What industry does DHL - VNPT EXPRESS LTD operate in?

DHL - VNPT EXPRESS LTD is operating in "Postal activities" industry

How can I contact DHL - VNPT EXPRESS LTD?

DHL - VNPT EXPRESS LTD phone numbers is 84-28 / 3844 6203

What adverse news is there about DHL - VNPT EXPRESS LTD?

DHL - VNPT EXPRESS LTD’s has no negative news

What is stock symbol of DHL - VNPT EXPRESS LTD?

DHL - VNPT EXPRESS LTD is not listed company

Where is the location of DHL - VNPT EXPRESS LTD?

DHL - VNPT EXPRESS LTD is located at No. 6, Thang Long Street, Ward 4, Tan Binh District, Ho Chi Minh City, Vietnam

What is DHL - VNPT EXPRESS LTD’s business registration?

DHL - VNPT EXPRESS LTD business registration is 0304680974

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DHL - VNPT EXPRESS LTD