DONG THAP LOTTERY ONE MEMBER COMPANY LIMITED

DONG THAP LOTTERY ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT TỈNH ĐỒNG THÁP) is a well-established, state-owned enterprise directly overseen by the People’s Committee of Dong Thap Province. Founded on September 10, 2009, the company is legally registered with the Dong Thap Department of Planning and Investment under Business ID and Tax Code 1400103996. Its headquarters is located at No. 01, Duy Tan Street, My Phu Ward, Cao Lanh City, Dong Thap Province, with an active representative office in Ho Chi Minh City.

The company operates as a one-member limited liability company, engaging primarily in lottery and legalized betting activities. Under the leadership of Mr. Luu Hoang Tan (Director), supported by deputy directors Mr. Ngo Thanh Triand Mr. Nguyen Thanh Huy, the firm runs a relatively lean operation with 76 employees and a paid-up charter capital of USD 28.78 million as of 2023.

In the most recent fiscal year, Dong Thap Lottery achieved impressive financial growth. Total assets increased to USD 54.16 million, up 9.35% year-over-year. Revenue reached USD 207.1 million, reflecting a 12.01% rise, while net profit climbed to USD 25.41 million, an 18.53% increase from the previous year. Despite a minor dip of 6.6% in owner’s equity, the company maintains strong working capital of over USD 22.6 million, signaling solid liquidity and financial health.

Like many Vietnamese provincial lottery firms, Dong Thap Lottery plays a dual role: providing regulated gambling services and serving as a reliable fiscal instrument for public welfare funding. However, its state-owned nature and involvement in high-cash business operations also make it a subject of concern in terms of governance, fund transparency, and partner risk exposure.

Vanguard Business Information LLC (VBI) offers tailored financial risk management and business verification solutions for organizations interacting with such state enterprises. Through verified credit data and legal insights, VBI supports investors, suppliers, and government auditors in making informed decisions and mitigating potential exposure to financial or compliance risks.