HANWA VIETNAM CO., LTD.

HANWA VIETNAM CO., LTD. (CÔNG TY TNHH HANWA VIỆT NAM) is a wholly foreign-owned trading enterprise operating in Vietnam’s industrial materials and general trading sector. Established on 15 September 2011, HANWA VIETNAM CO., LTD. has more than 14 years of continuous operations and serves as a key local arm of a major Japanese multinational trading group.

Legal Status and Corporate Profile

HANWA VIETNAM CO., LTD. is registered under Business ID and Tax Identification Number 0311179085 with the Ho Chi Minh City Department of Finance. The company’s head office is located at Room 4-1, 19th Floor, A&B Tower, No. 76 Le Lai Street, Ben Thanh Ward, Ho Chi Minh City, Vietnam. It operates as an active one-member limited liability company with full foreign direct investment (FDI) ownership.

The company has a registered charter capital of USD 8.0 million, fully paid. With approximately 70 employees, the company maintains a lean organizational structure typical of trading and sourcing operations rather than manufacturing-heavy enterprises. In addition to its Ho Chi Minh City headquarters, the company operates a branch office in Ha Noi, strengthening its nationwide commercial coverage.

Core Operations and Business Scope

The principal activity of HANWA VIETNAM CO., LTD. is non-specialized wholesale trade. In practice, the company focuses on importing and trading a wide range of industrial and consumer products, particularly steel and frozen food, serving manufacturing, construction, and distribution clients in Vietnam.

Beyond its core trading role, the company is registered for a broad spectrum of activities, including metal manufacturing and processing, food processing, prepared meals, management consultancy, and retail and food service activities. While many of these activities appear supportive or promising, they provide legal flexibility to expand service offerings in line with the group's strategy and market demand.

Management and Ownership Structure

The company is led by its General Director, Mr. KISHIMOTO H. (Japanese nationality), reflecting direct managerial oversight from the parent group. A locally based Chief Accountant oversees financial administration. Ownership is held 100% by Hanwa Co., Ltd., a long-established global trading corporation based in Japan.

This ownership structure ensures strong financial backing, governance discipline, and integration with regional and global supply chains, while local management focuses on execution and client relationships in Vietnam.

Financial Performance and Trends

Financially, HANWA VIETNAM CO., LTD. demonstrates steady balance-sheet expansion. Total assets increased significantly, reflecting higher trading volumes and expanded working assets. Sales revenue declined slightly but remained at a high absolute level, indicating stable demand amid a softer trading environment.

Profitability weakened compared to prior years, with net profit declining, suggesting margin compression or higher operating and financing costs. Despite this, owner’s equity continued to grow, and working capital improved, supporting liquidity and operational stability.

Overall, the company presents the profile of a mature trading subsidiary with stable scale, strong capitalization, and moderate earnings volatility typical of commodity-linked trading operations.

Business Outlook and Risk Considerations

Operating in industrial and commodity trading exposes HANWA VIETNAM CO., LTD. to price volatility, demand cycles, and currency and counterparty risks. However, its affiliation with a major Japanese trading group, diversified product portfolio, and solid equity base provide strong risk-mitigating factors.

For banks, insurers, suppliers, and business partners, evaluation should focus on group support, margin sustainability, and trading risk management. A comprehensive and updated company report remains essential for assessing financial strength, ownership transparency, and long-term operational resilience.