HAI LONG CONSTRUCTION JOINT STOCK COMPANY
ActiveHAI LONG CONSTRUCTION JOINT STOCK COMPANY
ActiveHAI LONG CONSTRUCTION JOINT STOCK COMPANY
ActiveSummary
HAI LONG CONSTRUCTION JOINT STOCK COMPANY (Local name: Công Ty Cổ Phần Xây Lắp Hải Long) is a joint stock company specializing in manufacturing structural metal products and industrial construction. Officially established on November 19, 1999, the company is legally registered with the Hai Phong City Department of Planning and Investment under Business ID 0200372213.
Its head office is on the 8th Floor, Taiyo Building, No. 97 Bach Dang Street, Thuong Ly Ward, Hong Bang District, Hai Phong City. With a charter capital of over 11.7 million U.S. dollars, HAI LONG has grown over more than two decades to become a leading steel structure fabricator and construction company in northern Vietnam.
Leadership and Governance
Pham A. T., a seasoned leader with extensive experience in the steel and construction industries, chairs the company. Pham T. D. serves as General Director, while Trinh Q. V. holds the position of Deputy General Director. This leadership team has guided HAI LONG through rapid expansion and diversification, ensuring the company maintains its strong reputation for quality and reliability in the construction sector.
Financial Performance: A Period of Strong Growth
HAI LONG has demonstrated remarkable financial growth in recent years. In 2023, total assets rose to approximately 64.03 million U.S. dollars, an increase of 35.32% compared to the previous year. Total sales doubled to 108.85 million U.S. dollars, reflecting a year-on-year increase of nearly 97%. Equity grew to 11.71 million U.S. dollars, up over 90% from 2022.
Profit also experienced a significant surge, reaching 737,500 U.S. dollars, an increase of over 136%. This growth highlights the company’s solid financial base, operational efficiency, and growing market demand for steel structures and industrial construction services.
Core Business Activities and Strengths
HAI LONG’s core operations focus on processing and installing steel structures and pre-engineered steel frames, which are widely used in factories, warehouses, and large industrial facilities. The company also undertakes civil and industrial construction projects and offers design consulting and technical support services.
Beyond its main activities, HAI LONG is registered in multiple business lines, including:
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Wholesale of construction materials and metal products
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Electrical installation and site preparation
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Architectural and engineering consultancy
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Real estate activities with owned or leased property
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Demolition and building completion services
This wide-ranging business scope allows HAI LONG to manage projects comprehensively from design to completion, giving it a competitive edge in the construction market.
Strategic Locations and Production Facilities
The company operates several steel structure factories across Hai Phong, including facilities in Phuong Chu Dong Hamlet, Quang Thanh Commune, and Quyet Thang Commune. These locations give HAI LONG access to major transportation networks, ports, and logistics hubs, enabling efficient project execution across Vietnam.
Shareholding Structure
HAI LONG’s ownership reflects strong local leadership and family-held management. Pham A. T. holds a 45% share, Pham T. D. holds 19.2%, and other significant shareholders include Pham T. H., Nguyen T. T., and Pham T. L.. This structure provides strategic stability, long-term commitment, and agile decision-making that aligns with the company’s growth strategy.
Market Position and Strategic Outlook
With over 25 years of operation, HAI LONG CONSTRUCTION JOINT STOCK COMPANY has earned its place as a trusted contractor and steel structure manufacturer in Vietnam. Its consistent financial performance, experienced leadership team, and diverse service offerings give it a strong foundation to compete in domestic and regional markets.
As Vietnam continues to experience rapid industrialization and infrastructure expansion, HAI LONG is well-positioned to capture opportunities in large-scale factory construction, steel structure fabrication, and industrial real estate development.
VNBIS Company Risk Management and Business Intelligence
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Through verified data and comprehensive analysis, VNBIS helps businesses assess the stability and creditworthiness of companies like HAI LONG CONSTRUCTION JOINT STOCK COMPANY, supporting safer and more strategic decision-making.
Legal Profile
Contacts
+ PHAM A.T
+ PHAM T.D
+ PHAM T.L
+ TRINH Q.V
+ TRAN D.K
+ NGUYEN T.K.D
Business Sector
Key business lines:
Industry Sales Growth
8.05%
4.42%
Companies by industry
6,839
0.2352%
Key Industry Players
Payment History
Financial Performance
| Assets | 71.25% |
| Owner’s Equity | 64.50% |
| Working Capital | 0.28% |
| Net Worth | -59.62% |
| Sales | 12.84% |
| Operating income | -25.00% |
| EBIT | -15.34% |
| Gross Profit Margin | -81.60% |
| Debt to EBITDA | 63.28% |