HAI DUONG XNK JOINT STOCK COMPANY

HAI DUONG XNK JOINT STOCK COMPANY has been operating in Vietnam’s inland waterway freight transport and logistics sector for more than 9 years, and during that time HAI DUONG XNK JOINT STOCK COMPANY has built a strong presence in the industrial and mining transport corridors of Hai Duong and Quang Ninh provinces. Headquartered in Kinh Mon Town of Hai Duong Province, the company plays a practical role in moving bulk cargo that supports energy production, construction and regional supply chains.

Leadership and Shareholder Control

The company is directed by Vu V. B. and operates as a privately held joint stock company. Shareholding is highly concentrated, with the majority of equity controlled by the founding shareholder and the remaining portion held by family related investors. This ownership structure allows fast operational decisions but also concentrates financial and management risk within a small group of individuals.

Core Business in Inland Waterway Transport and Bulk Logistics

HAI DUONG XNK JOINT STOCK COMPANY specializes in inland freight water transport, serving cargo flows linked to coal, stone, construction materials and industrial fuel. Beyond river transport, the company is also registered in road freight transport, wholesale of fuels, construction materials and several supporting service activities. This wide registration scope reflects a logistics operator that follows real demand from heavy industry and infrastructure projects rather than consumer markets.

Business Scale With One Key Market Signal

In 2023, HAI DUONG XNK JOINT STOCK COMPANY generated revenue of about $73.7 million. Compared to the previous year, revenue increased strongly. This growth confirms that transport demand from mining and construction clients remained active despite broader economic pressure on logistics and infrastructure related industries.

Operating Environment and Business Characteristics

Bulk transport by inland waterways depends heavily on river infrastructure, vessel utilization, fuel costs and seasonal cargo volume. The company operates in a segment where contracts tend to be medium term and pricing is closely tied to fuel and commodity cycles. Expansion in this field brings both revenue opportunity and exposure to fluctuations in industrial output and regulatory conditions on waterways and ports.

Why This Company Attracts Attention From Buyers and Partners

HAI DUONG XNK JOINT STOCK COMPANY stands out for its large operating scale within a specialized transport niche that is essential to northern Vietnam’s mining and construction economy. For cargo owners, suppliers and financial partners, key areas of interest include fleet capacity, contract stability, payment discipline and how effectively the company manages cost volatility in fuel and maintenance.

VNBIS Perspective and Why the Full Report Matters

This public overview is designed to help readers understand HAI DUONG XNK JOINT STOCK COMPANY at a general business level without disclosing sensitive financial detail. The full VNBIS Company Comprehensive Report provides verified insight into ownership structure, financial performance trends, solvency strength, payment behavior and operational risk indicators. For banks, investors, suppliers and international counterparties who require deeper due diligence before cooperation, THE FULL VNBIS REPORT IS AVAILABLE AT www.vnbis.com