IMARKET VIETNAM COMPANY LIMITED

AN PHONG CONSTRUCTION JOINT STOCK COMPANY (Vietnamese name: CÔNG TY CỔ PHẦN XÂY DỰNG AN PHONG) is a long-established civil and industrial contractor operating in southern Vietnam’s highly competitive construction market. The company was registered on 22 September 2006 under Business Registration Number / Tax ID: 0304621513 and is headquartered in Ho Chi Minh City, with multiple branches and transaction offices supporting project execution.

An Phong specializes in the construction of civil and industrial engineering works, serving a broad range of clients across manufacturing, commercial, and infrastructure-related projects. With around 600 employees and nearly two decades of operating history, the company represents a mid-sized but experienced contractor, positioned between large state-linked builders and smaller private firms.

Governance remains founder- and management-driven. Strategic oversight is led by Tran T. H., Chairman, while day-to-day operations are managed by Nguyen K. D., General Director, with support from a dedicated finance function. Ownership is privately held among a small group of Vietnamese shareholders, indicating stable internal control rather than external financial sponsorship.

Financially, An Phong reflects the cyclical realities of Vietnam’s construction sector. In 2023, the company recorded USD 89.9 million in sales, a sharp decline following a strong 2022, while net profit eased to USD 1.46 million. Despite the contraction in revenue and assets, equity continued to grow to USD 28.5 million, and working capital remained positive at USD 14.7 million, signaling balance-sheet resilience and prudent liquidity management amid a slower project pipeline.

For project owners, suppliers, and lenders, this mix of earnings volatility and capital stability is a critical point of assessment. In such cases, company-level due diligence and ongoing monitoring become essential. Platforms like vnbis.com provide verified financial data, ownership structure, legal status, and risk indicators—helping stakeholders make informed decisions when engaging with construction contractors operating in a cyclical environment.