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HANOI TRANSPORT CORPORATION LTD

Active

Business ID 0101148154

84-24 / 3824 1650 / 39763585

HANOI TRANSPORT CORPORATION LTD

Active

Business ID 0101148154

84-24 / 3824 1650 / 39763585

HANOI TRANSPORT CORPORATION LTD

Active

Summary

Name:

HANOI TRANSPORT CORPORATION LTD

Business ID (TIN):

0101148154

Date of Registration:

09 Jun 2004

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

No. 5 Le Thanh Tong Street, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 3824 1650 / 39763585

Fax:

(84-24) 39761996

Financial Statement:

2020, 2021, 2022, 2023, 2024

HANOI TRANSPORT CORPORATION LTD (TRANSERCO), established on June 9, 2004, plays a central role in the capital city’s transportation network. Operating under Business ID: 0101148154, the company is headquartered at No. 5 Le Thanh Tong Street, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City. With over 10,000 employees, TRANSERCO is a one-member limited liability company wholly owned by the Hanoi People’s Committee, and it operates as the city’s official public transportation provider through its well-known Hanoibus system.

Comprehensive Service Portfolio

Beyond its primary function of urban passenger transport by bus, HANOI TRANSPORT CORPORATION also provides city tour bus services, parking operations, and vehicle maintenance, while managing related logistics, tourism, and industrial manufacturing subsidiaries. The company has several branch offices and facilities across Hanoi, including bus stations, maintenance centers, and transport hubs, reinforcing its role as the core mobility service provider for millions of Hanoi residents.

Financial Stability with Improved Profitability

In 2023, TRANSERCO demonstrated solid financial performance despite a slight slowdown in post-pandemic travel demand. The company recorded total assets of USD 121.94 million, representing a 6.14% decline from 2022, while owner’s equity rose by 3.45%, reaching USD 63.99 million. Revenue totaled USD 107.09 million, down 6.05%, yet net profit increased significantly by 23.71% to USD 1.02 million—marking a notable recovery from previous years. The company’s working capital of USD 19.66 million indicates healthy liquidity and stable operational management.

Leadership and Long-Term Vision

Under the direction of Chairman Nguyen H. T. and General Director Nguyen T. N., HANOI TRANSPORT CORPORATION continues to implement modernization initiatives, including expanding electric bus routes, upgrading ticketing systems, and developing smart transport infrastructure. These efforts align with Hanoi’s broader green and sustainable urban mobility strategy, contributing to reduced emissions and improved public transit accessibility.

A Strategic Asset of the City

As a state-owned enterprise, TRANSERCO ensures essential public transportation services and drives innovation and environmental progress in Hanoi’s mobility ecosystem. Its continued investment in fleet modernization, digital management systems, and passenger experience demonstrates a strong commitment to public welfare and sustainable growth.

HANOI TRANSPORT CORPORATION LTD is a key contributor to the capital’s development and a benchmark for Vietnam’s urban transport sector. With rising profitability and strong government backing, the company remains well-positioned to lead Hanoi’s transition toward a brighter, cleaner, and more connected transportation future.

For those seeking detailed insights and verified financial data, VNBIS provides comprehensive Company Reports and Credit Analyses on HANOI TRANSPORT CORPORATION and other major enterprises in Vietnam, empowering clients to evaluate business stability and minimize operational risks.

Legal Profile

English Name:

HANOI TRANSPORT CORPORATION LTD

Vietnamese Name:

TỔNG CÔNG TY VẬN TẢI HÀ NỘI

Short Name:

TRANSERCO

Business ID (TIN):

0101148154

Date of Registration:

09 Jun 2004

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN H.T

+ NGUYEN T.N

Address:

No. 5 Le Thanh Tong Street, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 3824 1650 / 39763585

Fax:

(84-24) 39761996

Branch:

The Second Floor, Yen Nghia Bus station, Yen Nghia Ward, Ha Dong District, Ha Noi City, Vietnam

Branch:

No.29, Lac Trung Str., Vinh Tuy Ward, Hai Ba Trung District, Ha Noi City, Vietnam

Transaction office:

No. 32, Nguyen Cong Tru Street, Ngo Thi Nham Ward, Hai Ba Trung District, Ha Noi City, Vietnam

Branch:

Bus service system, Tran Vy Street, Mai Dich Ward, Cau Giay District, Ha Noi City, Vietnam

Branch:

No.158, Phan Trong Tue Street, Thanh Liet Commune, Thanh Tri District, Ha Noi City, Vietnam

Branch:

Den Lu bus stop, Hoang Van Thu Ward, Hoang Mai District, Ha Noi City, Vietnam

Branch:

La Coi Hamlet, Yen Vien Town, Gia Lam District, Ha Noi City, Vietnam

Branch:

Cau Buou Hamlet,Thanh Liet Commune, Thanh Tri District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

4921 Passenger transport by urban buses

Industry Sales Growth

CAGR (2019 - 2023)

3.84%

YoY (2023)

4.89%

Companies by industry

Company distribution and propportions

0.0024%

Key Industry Players

Top 10 companies in passenger transport by urban buses industry

saigon passenger transport joint stock company hanoi transport corporation ltd ha tinh automobile transportation joint stock company ho chi minh city transport joint stock company quyet thang cooperative no. 28 transportation cooperative phuc xuyen limited company (translated name) non nuoc joint stock company (translated name) bac ninh passenger car joint stock company hop tac xa van tai tm & dv huynh gia

Payment History

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Financial Performance

Assets	-14.61%
Owner’s Equity	-21.64%
Working Capital	5.53%
Net Worth	32.51%
Sales	-57.88%
Operating income	-24.53%
EBIT	11.28%
Gross Profit Margin	88.25%
Debt to EBITDA	94.99%

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Specific Questions About HANOI TRANSPORT CORPORATION LTD

When did HANOI TRANSPORT CORPORATION LTD start operating?

HANOI TRANSPORT CORPORATION LTD was started in 09 Jun 2004

What industry does HANOI TRANSPORT CORPORATION LTD operate in?

HANOI TRANSPORT CORPORATION LTD is operating in "Passenger transport by urban buses" industry

How can I contact HANOI TRANSPORT CORPORATION LTD?

HANOI TRANSPORT CORPORATION LTD phone numbers is 84-24 / 3824 1650 / 39763585

What adverse news is there about HANOI TRANSPORT CORPORATION LTD?

HANOI TRANSPORT CORPORATION LTD’s has no negative news

What is stock symbol of HANOI TRANSPORT CORPORATION LTD?

HANOI TRANSPORT CORPORATION LTD is not listed company

Where is the location of HANOI TRANSPORT CORPORATION LTD?

HANOI TRANSPORT CORPORATION LTD is located at No. 5 Le Thanh Tong Street, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City, Vietnam

What is HANOI TRANSPORT CORPORATION LTD’s business registration?

HANOI TRANSPORT CORPORATION LTD business registration is 0101148154

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