HUALON CORPORATION VIETNAM

Founded in 1993, HUALON CORPORATION VIETNAM is one of the most established foreign-invested enterprises in Vietnam’s textile and fabric industry. The company operates as a limited liability company, registered under Business ID and Tax Identification Number 3600249019. With its headquarters located in Nhon Trach II Industrial Park, Hiep Phuoc Town, Nhon Trach District, Dong Nai Province, Vietnam, Hualon has built a solid reputation as a manufacturer of high-quality yarns, knitting fabrics, gray fabrics, and dyed or finished fabrics. It also supplies industrial dyes, supporting various sectors of the textile value chain both domestically and internationally.

HUALON CORPORATION VIETNAM is led by Chan Y. C., who serves as the General Director, with Lu H. C. as Deputy General Director and Tan H. B. as Chief Accountant. The company’s management team brings decades of expertise in textile production and global trade, enabling it to meet stringent quality requirements from international buyers. With over 3,100 employees, Hualon is one of the major textile employers in the Dong Nai region, contributing significantly to Vietnam’s export-oriented textile sector.

Financially, the company has experienced a mixed performance in recent years. As of 2023, Hualon recorded total assets of USD 139.37 million, reflecting a modest growth of 2.42% from the previous year. However, sales dropped sharply by 33.4% to USD 136.23 million, and the company posted a net loss of USD 6.05 million, mainly due to reduced global demand and rising input costs. Despite these challenges, HUALON CORPORATION VIETNAM maintains a strong equity base of USD 45.31 million and continues to invest in operational improvements to recover profitability.

The company’s ownership structure is dominated by Taiwanese investors, with Wu P. H. and Hsu O. H. L. each holding 49.78% of the shares, alongside smaller stakes from Cubic Holdings Ltd. (British Virgin Islands) and Hualon Corporation (M) Sdn. Berhad of Malaysia. This international shareholder base ensures access to advanced textile technologies and global market networks.

In today’s competitive textile environment, businesses that seek partnerships or procurement from companies like Hualon must prioritize due diligence and risk assessment. Vanguard Business Information LLC (VBI) offers detailed business intelligence services that verify financial health, legal standing, and operational stability. By relying on VBI’s reports, companies can minimize risks and gain a transparent view of HUALON CORPORATION VIETNAM, ensuring informed decision-making for long-term collaborations.