ASTEMO PHU THO CO., LTD.

HITACHI ASTEMO VINH PHUC CO., LTD. (CÔNG TY TNHH HITACHI ASTEMO VĨNH PHÚC): Foreign Expertise Accelerating Vietnam’s Auto Parts Industry

HITACHI ASTEMO VINH PHUC CO., LTD. (CÔNG TY TNHH HITACHI ASTEMO VĨNH PHÚC), or VNVP, is a foreign direct investment (FDI) enterprise specializing in the production and installation of brake systems and components for motorcycles and automobiles. The company was registered on January 25, 2007, under tax code 2500150617, with its headquarters located at Pho Village, Quat Luu Commune, Binh Xuyen District, Vinh Phuc Province, Vietnam.

The company is led by KAZUYUKI W. as General Director, with KOJIRO I. serving as Director and DINH T.V. as Chief Accountant. As of the latest records, VNVP employs nearly 2,000 staff members, supporting a sophisticated supply chain network that serves both domestic and international vehicle manufacturers.

Backed by two major shareholders—HITACHI ASTEMO COMPANY LIMITED (Japan, 75%) and HITACHI ASTEMO KORAT BRAKE SYSTEMS LTD. (Thailand, 25%)—the company has become a key contributor to Vietnam’s automotive components sector. According to the latest Company Financial Data verified by VANGUARD BUSINESS INFORMATION LLC, the company posted USD 196.56 million in sales revenue for the fiscal year ending March 31, 2023, up 21.86% year-over-year.

The most striking improvement lies in the company’s profitability. Profit skyrocketed by 535.96%, reaching USD 12.71 million, a strong rebound from previous underperformance. Owner’s equity rose by 12.99%, hitting USD 93.22 million, while total assets increased to USD 114.64 million. Working capital stood at a healthy USD 62.93 million, reflecting strong liquidity and operational readiness.

However, despite these positives, risk management remains essential given the capital-intensive nature of auto parts manufacturing and exposure to global supply chain fluctuations. This is especially true as VNVP also engages in multiple ancillary services including metal machining, coating, wholesale machinery trade, and property rights management.

For clients and stakeholders interested in partnering or evaluating the company, VANGUARD BUSINESS INFORMATION LLC offers comprehensive Company Reports and Due Diligence services. These include a breakdown of ownership structure, financial ratios, legal compliance, and operational risks—critical tools to navigate the high-precision, high-stakes environment in which VNVP operates.

In conclusion, HITACHI ASTEMO VINH PHUC CO., LTD. demonstrates how foreign capital and advanced technology are helping transform Vietnam into a regional hub for automotive component manufacturing. Continued investment, combined with strategic oversight and transparent data from providers like VBI, will be the keys to sustaining growth and mitigating risk.