DONG HAI STEEL TRADING COMPANY LIMITED: A Rising Force in Vietnam’s Steel Trade

DONG HAI STEEL TRADING COMPANY LIMITED is emerging as a fast-growing player in Vietnam's steel industry, backed by robust sales growth and an expanding operational footprint. Officially established on March 22, 2018, the company is legally registered as a one-member limited liability company with the Tax Identification Number 0314940893. Headquartered on the 8th floor, Room 815, Saigon Paragon Building, No. 3 Nguyen Luong Bang Street, Tan Phu Ward, District 7, Ho Chi Minh City, the company is strategically located in one of Vietnam’s major commercial and industrial centers.

The company is led by Ms. Mai Minh Ngoc, who serves as both Director and Owner, and is supported by Mr. Pham Ngoc Trieu in the role of Managing Director. Both are Vietnamese nationals who have guided the company’s consistent expansion. With a lean but effective team of 30 employees, DONG HAI STEEL TRADING COMPANY LIMITEDoperates with agility and efficiency in a competitive market. Its warehouse and logistics operations are located in Nam Thuan Industrial Park, Long An Province, further enhancing the company’s capacity to serve customers in southern Vietnam.

The main business activity of DONG HAI STEEL TRADING COMPANY LIMITED is the wholesale and processing of steel. The company also engages in a broad range of related industries, including the wholesale of construction materials, transportation by road, and involvement in civil and residential construction projects. This diversified portfolio allows the company to capitalize on Vietnam’s infrastructure boom and the ongoing demand for steel products across multiple sectors.

Financially, DONG HAI STEEL TRADING COMPANY LIMITED has demonstrated remarkable performance in recent years. As of the end of 2023, the company recorded total sales of USD 330.16 million—an impressive 69.45% increase compared to the previous year. Total assets stood at USD 15.13 million, while equity and net worth reached USD 1.03 million. Notably, the company posted a profit of USD 154,563 in 2023, representing a staggering year-on-year growth of 1,175.99%, a testament to its improving profitability and cost efficiency. Its charter and paid-up capital were both reported at USD 821,659, reflecting a sound capital foundation for a privately held enterprise.

With registration under the Ho Chi Minh City Department of Planning and Investment, DONG HAI STEEL TRADING COMPANY LIMITED has firmly established itself as a credible and scalable entity in the Vietnamese steel trading ecosystem. Its sharp growth trajectory, effective management, and well-structured operations position it for continued expansion as Vietnam’s infrastructure and industrial development accelerates in the years ahead.