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HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD

Active

Business ID 4200241296

84-258 / 3622 101

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD

Active

Business ID 4200241296

84-258 / 3622 101

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD

Active

Summary

Name:

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD

Business ID (TIN):

4200241296

Date of Registration:

30 Sep 1996

Registered Office:

Khanh Hoa Province Department of Planning and Investment

Address:

No. 1, My Giang Street, Ninh Phuoc Commune, Ninh Hoa Town, Khanh Hoa Province, Vietnam

Phone:

84-258 / 3622 101

Financial Statement:

2020, 2021, 2022, 2023, 2024

HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD (CÔNG TY TNHH ĐÓNG TÀU HD HYUNDAI VIỆT NAM) is a foreign direct investment (FDI) company specializing in shipbuilding, ship repair, and structural metal manufacturing in Vietnam. Established on September 30, 1996, the company has been operating for over 28 years, contributing significantly to the country’s maritime industry. Registered under Business ID 4200241296, HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD is officially listed with the Khanh Hoa Province Department of Planning and Investment, with its headquarters located at No. 1, My Giang Street, Ninh Phuoc Commune, Ninh Hoa Town, Khanh Hoa Province, Vietnam.

Legal Status and Ownership Structure

HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD operates as a limited liability company, with a substantial foreign investment component. The company is majority-owned by South Korean shareholders, with its primary investors being:

HD HYUNDAI MIPO CO., LTD (HMD), South Korea – 55%
SHIPBUILDING INDUSTRY CORPORATION, Vietnam – 30%
HD KOREA SHIPYARD & OFFSHORE ENGINEERING CO., LTD (HDKSOE), South Korea – 10%
HYUNDAI ENGINEERING AND CONSTRUCTION CO., LTD (HEC), South Korea – 5%

This ownership structure reflects HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD’s strong ties with the global Hyundai Heavy Industries (HHI) Group, reinforcing its technological expertise and financial stability in the shipbuilding sector.

Financial Performance and Growth Trends

HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD has shown consistent growth, particularly in recent years, as seen in its 2023 financial report:

Total assets reached USD 512.62 million, a 17.49% increase YoY.
Total sales amounted to USD 537.7 million, growing 2.67% from 2022.
Equity improved to USD 76.85 million, marking a 12.61% YoY increase.
Profit surged to USD 6.64 million, an impressive 357.06% growth.

While the company has significantly improved its profitability, it still reports negative working capital of USD -99.98 million, suggesting potential liquidity challenges. However, its strong asset growth and increasing sales volumeindicate a stable financial trajectory.

Business Operations and Industry Role

HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD is engaged in shipbuilding and repair, focusing on constructing ships, processing steel structures, and manufacturing structural metal products. Its core business activities include:

Building and repairing ships
Processing and manufacturing steel structures
Repair and maintenance of transport equipment (excluding motor vehicles and motorcycles)

The company operates both locally and internationally, serving major shipping corporations and offshore industries. With its strategic location in Khanh Hoa Province, HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD is well-positioned to support Vietnam’s growing maritime economy, as well as international shipping and offshore energy projects.

Why HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD Matters for Businesses and Investors

Vietnam’s shipbuilding industry has gained international recognition, with foreign investments driving technological advancements and manufacturing capabilities. As a major player in the sector, HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD provides high-quality shipbuilding and repair services, backed by South Korean expertise and investment.

For companies seeking Vietnam business information, VANGUARD BUSINESS INFORMATION LLC (VBI)provides detailed Company Report Services, including:

Legal status and business registration details
Financial performance and risk analysis
Shareholder insights and foreign investment analysis
Industry trends and market positioning

Through VBI’s comprehensive business intelligence services, investors and stakeholders can assess opportunities, mitigate risks, and make data-driven decisions when engaging with HD HYUNDAI VIETNAM SHIPBUILDING CO., LTD and other companies in Vietnam’s shipbuilding and manufacturing sectors.

Legal Profile

English Name:

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD

Vietnamese Name:

CÔNG TY TNHH ĐÓNG TÀU HD HYUNDAI VIỆT NAM

Short Name:

HVS

Business ID (TIN):

4200241296

Date of Registration:

30 Sep 1996

Registered Office:

Khanh Hoa Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

KIM S.H

Address:

No. 1, My Giang Street, Ninh Phuoc Commune, Ninh Hoa Town, Khanh Hoa Province, Vietnam

Phone:

84-258 / 3622 101

Branch:

Suite 2607, 26th Floor, Lotte Center HaNoi Building, No. 54, Lieu Giai Street, Cong Vi Ward, Ba Dinh District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

3011 Building of ships and floating structures

NACE:

30.11 Building of ships and floating structures

Industry Sales Growth

CAGR (2019 - 2023)

10.91%

YoY (2023)

15.01%

Companies by industry

Company distribution and propportions

1,176

0.0405%

Key Industry Players

Top 10 companies in building of ships and floating structures industry

petrovietnam marine shipyard joint stock company vard vung tau ltd dong bac shipbuldinh industry joint stock company hong ha shipbuilding one member limited liability company 189 one member limited liability company song cam shipbuilding joint stock company hd hyundai vietnam shipbuilding co.,ltd pacific shipbuilding joint stock company damen-songcam shipyard co., ltd vinacomin - mineral mechanic and shipbulding join stock company

Payment History

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Financial Performance

Assets	35.50%
Owner’s Equity	11.39%
Working Capital	6.07%
Net Worth	-55.44%
Sales	80.00%
Operating income	50.23%
EBIT	62.97%
Gross Profit Margin	0.30%
Debt to EBITDA	-72.25%

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Specific Questions About HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD

When did HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD start operating?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD was started in 30 Sep 1996

What industry does HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD operate in?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD is operating in "Building of ships and floating structures" industry

How can I contact HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD phone numbers is 84-258 / 3622 101

What adverse news is there about HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD’s has 2 bad news

What is stock symbol of HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD is not listed company

Where is the location of HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD is located at No. 1, My Giang Street, Ninh Phuoc Commune, Ninh Hoa Town, Khanh Hoa Province, Vietnam

What is HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD’s business registration?

HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD business registration is 4200241296

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HD HYUNDAI VIETNAM SHIPBUILDING CO.,LTD