HYUNDAI THANH CONG VIET NAM AUTO JOINT VENTURE JOINT STOCK COMPANY

HYUNDAI THANH CONG VIET NAM AUTO JOINT VENTURE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN LIÊN DOANH Ô TÔ HYUNDAI THÀNH CÔNG VIỆT NAM) is a leading enterprise in Vietnam’s automotive industry, specializing in the wholesale, manufacturing, and distribution of motor vehicles. Established on November 18, 2020, the company operates as a joint stock venture and is headquartered in Gian Khau Industrial Park, Gia Vien District, Ninh Binh Province, Vietnam. With strong backing from Hyundai Motor Company (South Korea) and Thanh Cong Group, the company plays a crucial role in the Vietnamese automobile sector.

Financial Performance & Market Position

In 2023, HYUNDAI THANH CONG VIET NAM AUTO JOINT VENTURE JOINT STOCK COMPANY reported total assets of $477.19 million and sales revenue of $1.16 billion. Despite a decline in sales and total assets compared to the previous year, the company continues to be a key player in the automotive distribution and manufacturing industry. However, profitability decreased significantly, with profit dropping by 89.37% to $15.9 million. These financial indicators highlight the importance of conducting a detailed credit risk assessment before engaging in business transactions. VANGUARD BUSINESS INFORMATION LLC (VBI) offers comprehensive credit reports and business insights to help businesses make informed decisions.

Management & Business Operations

The company is led by General Director Mr. Nguyễn Anh Tú and Chairman Mr. Oh In Won, ensuring strong leadership and strategic direction. HYUNDAI THANH CONG VIET NAM AUTO JOINT VENTURE JOINT STOCK COMPANY focuses on:

• Wholesale and retail of motor vehicles
• Manufacturing vehicle parts and accessories
• Freight transport and logistics
• Leasing and renting of vehicles
• Warehousing and storage services

As a major player in Vietnam’s automobile sector, the company benefits from Hyundai’s global brand strength and Thanh Cong Group’s local market expertise. However, given the fluctuations in financial performance, businesses seeking to establish partnerships should perform thorough financial due diligence.

Why Choose VBI for Business Intelligence?

For companies interested in working with HYUNDAI THANH CONG VIET NAM AUTO JOINT VENTURE JOINT STOCK COMPANY, VANGUARD BUSINESS INFORMATION LLC provides:

✅ In-depth credit risk reports
✅ Detailed financial analysis
✅ Company background and risk assessment

If clients require more specific details regarding the company's ownership structure, financial history, or risk evaluation, they can contact VBI for comprehensive business information and company credit reports.