HOA BINH MINH AUTO JOINT STOCK COMPANY

HOA BINH MINH AUTO JOINT STOCK COMPANY is a joint stock enterprise operating in the retail sale of small cars (with 9 or fewer seats) in Vietnam. Established on 03 January 2019 and registered under Business ID 5200896689 in Yen Bai Province, HOA BINH MINH AUTO JOINT STOCK COMPANY has developed into a notable regional automobile distributor within just over seven years of operation.

Financially, HOA BINH MINH AUTO JOINT STOCK COMPANY recorded strong recovery momentum in 2024. Total sales reached approximately USD 76.93 million, up 24.47% year-on-year, reflecting improved market demand after a softer 2023. Total assets increased to USD 18.7 million, while owner’s equity rose to USD 7.19 million. Most notably, net profit surged to USD 435,931, a sharp improvement over previous years and signaling enhanced operational efficiency.

The company maintains a fully paid-up charter capital of USD 6.49 million . It is led by Director Bui M. L. Its core business remains focused on passenger vehicle retailing, a sector highly sensitive to consumer income trends, credit availability, and regional economic growth.

In terms of ownership, HOA BINH MINH AUTO JOINT STOCK COMPANY is primarily controlled by HOA BINH MINH GROUP JOINT STOCK COMPANY, which holds 80% of shares, alongside individual shareholders. With improving profitability, solid equity growth, and expanding sales performance, HOA BINH MINH AUTO JOINT STOCK COMPANY appears to be strengthening its financial position within Vietnam’s competitive automobile retail market.