HENKEL ADHESIVE TECHNOLOGIES VIETNAM CO., LTD

HENKEL ADHESIVE TECHNOLOGIES VIETNAM CO., LTD (CÔNG TY TNHH HENKEL ADHESIVE TECHNOLOGIES VIỆT NAM) stands as one of Vietnam’s leading manufacturers and distributors of adhesive, sealant, and surface treatment solutions. The company operates under Business ID 3600450091, registered with the Dong Nai Department of Planning and Investment on December 16, 1999. Its head office is located at No. 7, Road 9A, Bien Hoa 2 Industrial Park, An Binh Ward, Bien Hoa City, Dong Nai Province, with additional offices and warehouses in Ho Chi Minh City, Hai Phong, and Bac Ninh.

Corporate Structure and Leadership

Henkel Adhesive Technologies Vietnam is a foreign direct investment (FDI) enterprise, wholly owned by Henkel Nederland B.V., Netherlands (100%), which is part of the global Henkel Group — a German multinational with operations in more than 75 countries. The company’s charter capital is USD 14.1 million, with a paid-up capital of USD 14.07 million.

The management team is led by Mr. Le M. T., General Director, who oversees daily operations, supported by Ms. Nguyen T. T. V., Chief Accountant, and Mr. In B. H., Head of Sales Department. Their combined local and international expertise has been instrumental in maintaining Henkel’s market leadership in Vietnam’s chemical and manufacturing sectors.

Business Operations and Product Portfolio

Henkel Vietnam provides innovative adhesive and functional coating solutions across a variety of industries, including electronics, automotive, footwear, packaging, construction, and consumer goods. The company’s product range covers industrial glues, sealants, and metal coatings, supported by advanced research and technical consultancy services.

Its additional registered business activities include machining, metal coating, wholesaling and retailing of industrial chemicals, management consulting, and technical testing services, demonstrating the company’s integrated approach to supporting industrial clients.

Henkel operates under a global sustainability framework, focusing on reducing its carbon footprint and enhancing circular economy practices. Its Vietnam facilities serve both domestic clients and multinational manufacturers seeking reliable and sustainable adhesive solutions.

Financial Overview

As of December 31, 2023, Henkel Adhesive Technologies Vietnam recorded total assets of USD 58.42 million, up 3.25 percent year-on-year, and owner’s equity of USD 35.99 million, a 5.76 percent increase. Sales stood at USD 101.95 million, down 16.06 percent from 2022 due to a global demand slowdown, yet the company achieved a net profit of USD 21.92 million, a 9.82 percent increase over the previous year. Working capital reached USD 30.23 million, indicating solid liquidity and operational resilience.

These results underscore Henkel’s ability to sustain profitability even amid market contraction, reflecting strong cost control and a robust financial structure.

Risk and Credit Outlook

From a financial risk management perspective, Henkel Vietnam presents a low-risk profile, backed by its global parent company and consistent profitability. Despite a temporary sales decline, the firm maintains exceptional capital strength and liquidity, ensuring business continuity and reliability for its clients.

As assessed by Vanguard Business Information LLC (VNBIS), Henkel Adhesive Technologies Vietnam Co., Ltd. remains one of the most financially stable and reputable FDI manufacturers in Vietnam’s chemical and industrial solutions sector. Its combination of strong financials, global corporate governance, and localized operational excellence makes it a trusted partner for enterprises seeking to Minimize Financial Risks and Maximize Business Opportunities in Vietnam’s growing industrial ecosystem.