KINHBAC CITY DEVELOPMENT HOLDING CORPORATION

KINHBAC CITY DEVELOPMENT HOLDING CORPORATION (Local name: Tổng Công Ty Phát Triển Đô Thị Kinh Bắc – CTCP), also known as KINHBAC CITY GROUP, is one of Vietnam’s most prominent developers of industrial and urban infrastructure. The company is legally registered as a joint stock company with Business ID 2300233993. It was officially established on March 27, 2002, under the management of the Bac Ninh Province Department of Planning and Investment. After over two decades of operation, the company has built a strong reputation for strategic investments and sustainable growth.

KINHBAC is a publicly held enterprise listed on the Ho Chi Minh Stock Exchange (HOSE) under the KBC ticker. The company’s headquarters is at Lot B7, Que Vo Industrial Park, Phuong Lieu Ward, Que Vo Town, Bac Ninh Province, Vietnam. Its charter capital stands at over USD 315 million, reflecting a solid capital foundation and a commitment to expanding its position in Vietnam’s rapidly growing industrial real estate sector.

The KINHBAC leadership team is composed of experienced and respected business figures in Vietnam. Dang T. T. serves as Chairman, playing a central role in shaping the company’s strategic direction. Nguyen T. T. H. holds the position of General Director, overseeing operations and business expansion.  Pham A. D., Deputy General Director, supports them and contributes to the company’s industrial development initiatives and project execution.

Financially, KINHBAC CITY DEVELOPMENT HOLDING CORPORATION has recorded steady growth and strong profitability in recent years. In 2023, the company reported total assets of more than one billion U.S. dollars, supported by solid equity and impressive revenue expansion. Net sales surged significantly, reaching over 100 million U.S. dollars, while net profit grew to approximately 38 million U.S. dollars. These figures mark a strong rebound compared to previous years and demonstrate the company’s robust financial structure and successful business strategy.

The core business activities of KINHBAC CITY GROUP center around industrial park development, urban infrastructure, and real estate. The company engages in real estate activities with owned or leased property, as well as building construction, civil engineering works, and manufacturing facilities. With its strategic location in Que Vo Industrial Park, KINHBAC is well-positioned at the heart of northern Vietnam’s manufacturing and logistics hub, serving both domestic and international investors seeking to expand their production base there.

The company’s ownership structure reflects strong local leadership and growing international confidence. Major shareholders include individual founders, domestic corporations, and foreign investment funds, notably from Europe. This diversified base of investors underscores KINHBAC’s credibility in the financial markets and its attractiveness to long-term institutional partners.

Looking ahead, KINHBAC CITY DEVELOPMENT HOLDING CORPORATION is well placed to benefit from Vietnam’s growing role in global supply chains. As foreign direct investment flows into industrial zones across the country, KINHBAC’s established assets and expertise give it a competitive advantage. Its public listing provides a strong platform to raise capital for expansion. At the same time, its experience in large-scale industrial development allows it to meet the increasing demand from multinational manufacturers relocating to Vietnam.

With its strong financial foundation, experienced leadership, and strategic positioning, KINHBAC CITY GROUP stands out as a key player in shaping the future of Vietnam’s industrial and urban landscape.