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FORD VIET NAM LIMITED

Active

Business ID 0800006882

84-220 / 3899 901

FORD VIET NAM LIMITED

Active

Business ID 0800006882

84-220 / 3899 901

FORD VIET NAM LIMITED

Active

Summary

Name:

FORD VIET NAM LIMITED

Business ID (TIN):

0800006882

Date of Registration:

27 May 2008

Registered Office:

Hai Duong Province Department of Planning and Investment

Address:

Tu Minh Ward, Hai Duong City, Hai Duong Province, Vietnam

Phone:

84-220 / 3899 901

Financial Statement:

2020, 2021, 2022, 2023, 2024

FORD VIET NAM LIMITED (CÔNG TY TNHH FORD VIỆT NAM) is one of the leading automobile manufacturers and distributors in Vietnam. Established on May 27, 2008, the company operates under Business ID: 0800006882, registered with the Hai Duong Province Department of Planning and Investment. As a foreign direct investment (FDI) company, it is 75% owned by Ford Motor Company (USA) and 25% by Songcong Diesel Limited Company (Vietnam).

With its headquarters in Hai Duong City and a transaction office in Hanoi, FORD VIET NAM LIMITED has played a significant role in developing Vietnam’s automotive industry. Under the leadership of General Director RUCHIK PRAFUL SHAH, the company specializes in automobile assembly, importation, distribution of spare parts, and vehicle maintenance services. Its commitment to high-quality automotive solutions has made it a trusted brand among Vietnamese consumers.

Financially, FORD VIET NAM LIMITED has demonstrated remarkable performance. As of December 31, 2023, the company’s total sales reached USD 1.12 billion, reflecting an impressive 33.32% year-on-year growth. Profit surged by 30.33% to USD 65.04 million, while equity rose by 13.57% to USD 126.65 million, showcasing the company’s strong financial health and sustainable growth. These numbers indicate FORD VIET NAM LIMITED’s increasing market share and its success in meeting the growing demand for automobiles in Vietnam.

Beyond manufacturing, FORD VIET NAM LIMITED is deeply involved in the wholesale and retail trade of motor vehicles, spare parts, and accessories, as well as vehicle maintenance and repair services. The company also engages in IT and data processing services, reinforcing its digital transformation strategy. Its ability to adapt to technological advancements and market trends makes it a formidable competitor in the Vietnamese automotive sector.

As businesses navigate financial risks and investment decisions, VANGUARD BUSINESS INFORMATION LLC (VBI) plays a crucial role in providing Vietnam Business Information, Private Company Financial Data, and Risk Management Services. With detailed company credit reports, VBI offers deep insights into major corporations' financial stability, creditworthiness, and market potential like FORD VIET NAM LIMITED.

The outstanding growth and strategic vision of FORD VIET NAM LIMITED make it a top contender in Vietnam’s automotive industry. Investors and market analysts should closely follow the company’s future expansions and technological advancements. With VBI’s expertise in financial intelligence and risk assessment, businesses can make well-informed investment decisions regarding FORD VIET NAM LIMITED, a company that continues to drive innovation and excellence in Vietnam’s automotive market.

Legal Profile

English Name:

FORD VIET NAM LIMITED

Vietnamese Name:

CÔNG TY TNHH FORD VIỆT NAM

Short Name:

FORD VN CO, LTD

Business ID (TIN):

0800006882

Date of Registration:

27 May 2008

Registered Office:

Hai Duong Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

RUCHIK P.S

Address:

Tu Minh Ward, Hai Duong City, Hai Duong Province, Vietnam

Phone:

84-220 / 3899 901

Representative office:

No. 23, Phan Chu Trinh Street, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2910 Manufacture of motor vehicles and other motor vehicles

NACE:

29.10 Manufacture of motor vehicles

NAICS:

3361 Motor Vehicle Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

0.41%

YoY (2023)

-4.48%

Companies by industry

Company distribution and propportions

304

0.0105%

Key Industry Players

Top 10 companies in manufacture of motor vehicles and other motor vehicles industry

do thanh auto corporation. ford viet nam limited thaco-kia motors co., ltd thaco - mazda automobile manufacturing one member limited liability company vinfast trading and production joint stock company thaco lorry assembly & manufacturing company limited thaco bus manufacturing company limited hyundai thanh cong viet nam auto manufacturing corporation thaco luxury cars assembly and manufacturing limited liability company thaco limousine passenger car manufacturing limited liability company

Payment History

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Financial Performance

Assets	-88.11%
Owner’s Equity	67.04%
Working Capital	78.05%
Net Worth	-97.78%
Sales	10.16%
Operating income	90.21%
EBIT	49.70%
Gross Profit Margin	-86.56%
Debt to EBITDA	34.04%

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Specific Questions About FORD VIET NAM LIMITED

When did FORD VIET NAM LIMITED start operating?

FORD VIET NAM LIMITED was started in 27 May 2008

What industry does FORD VIET NAM LIMITED operate in?

FORD VIET NAM LIMITED is operating in "Manufacture of motor vehicles and other motor vehicles" industry

How can I contact FORD VIET NAM LIMITED?

FORD VIET NAM LIMITED phone numbers is 84-220 / 3899 901

What adverse news is there about FORD VIET NAM LIMITED?

FORD VIET NAM LIMITED’s has 5 bad news

What is stock symbol of FORD VIET NAM LIMITED?

FORD VIET NAM LIMITED is not listed company

Where is the location of FORD VIET NAM LIMITED?

FORD VIET NAM LIMITED is located at Tu Minh Ward, Hai Duong City, Hai Duong Province, Vietnam

What is FORD VIET NAM LIMITED’s business registration?

FORD VIET NAM LIMITED business registration is 0800006882

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