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KOLON INDUSTRIES VIET NAM CO.,LTD

Active

Business ID 3702483113

84-274 / 3655 130

KOLON INDUSTRIES VIET NAM CO.,LTD

Active

Business ID 3702483113

84-274 / 3655 130

KOLON INDUSTRIES VIET NAM CO.,LTD

Active

Summary

Name:

KOLON INDUSTRIES VIET NAM CO.,LTD

Business ID (TIN):

3702483113

Date of Registration:

18 Jul 2016

Registered Office:

Binh Duong Province Department of Planning and Investment

Address:

Lot No. 15, Beauty City Joint Stock Company Industrial Cluster, Ong Dong Quarter, Tan Hiep Ward, Tan Uyen City, Binh Duong Province, Vietnam

Phone:

84-274 / 3655 130

Financial Statement:

2020, 2021, 2022, 2023, 2024

KOLON INDUSTRIES VIET NAM: A South Korean Powerhouse Manufacturing for Vietnam’s Auto Sector

In the heart of Vietnam’s industrial province of Binh Duong, KOLON INDUSTRIES VIET NAM CO., LTD stands as a leading foreign-invested manufacturer of advanced automotive materials, most notably airbags and tire fibers. Backed entirely by South Korea’s Kolon Industries, Inc., this enterprise blends cutting-edge technology with a strategic geographic position to serve Vietnam's growing demand for high-performance vehicle components.

Founded in July 2016, Kolon Vietnam is registered as a one-member limited liability company under business ID 3702483113. Its head office is located at Beauty City Industrial Cluster in Tan Uyen City, with two additional branches in Uyen Hung and My Phuoc 3 Industrial Parks—making it one of the most geographically entrenched manufacturers in southern Vietnam’s auto supply chain.

At first glance, the company’s 2023 financials show impressive growth momentum. Kolon Industries Vietnam reported USD 132.3 million in sales, up 18.56% year-over-year. Its net profit rose dramatically to USD 3.61 million, a turnaround from prior years of losses. Total assets reached USD 71.7 million, and equity climbed to USD 14.4 million, indicating growing investor confidence and internal capital strength. The most striking figure is the 2,283% increase in profit over the previous year—a clear signal that operational performance has finally caught up with infrastructure investment.

However, the report also reveals several weaknesses. The company still posted a negative working capital of USD 744,000, suggesting short-term liquidity pressure despite rising revenues. This is a key indicator to monitor, especially in manufacturing sectors where inventory cycles and raw material costs are volatile. Moreover, the company suffered consecutive losses in 2021 and 2022, raising questions about past cost management and sustainability during industry downturns.

Leadership is held by Mr. Kim Changhyoung, a South Korean national who serves as General Director. Under his guidance, Kolon Industries Vietnam has expanded its manufacturing capacity and optimized production lines for airbags and fiber components used in both local and exported vehicles. The company employs a growing workforce and maintains one of the largest FDI-funded automotive material facilities in Vietnam.

Kolon’s 100% ownership by Kolon Industries, Inc. of South Korea provides technology transfer, quality control, and long-term funding, giving it an edge over smaller, local competitors. In a country where many firms rely on licensing or partial joint ventures, Kolon’s direct investment and vertically integrated model make it unique among foreign suppliers in Vietnam’s auto parts industry.

From a market intelligence perspective, VANGUARD BUSINESS INFORMATION LLC (VBI) categorizes KOLON INDUSTRIES VIET NAM as a medium-risk, high-growth enterprise—worthy of strategic partnerships but requiring close monitoring of cash flow and capital efficiency. Stakeholders interested in supplying, partnering, or investing in the company should review detailed credit reports, litigation records, and financial assessments available exclusively through VBI.

To explore Kolon’s profile and thousands of other FDI or local manufacturing firms, visit www.vnbis.com — Vietnam’s leading source for private business verification, risk analysis, and financial insight.

Legal Profile

English Name:

KOLON INDUSTRIES VIET NAM CO.,LTD

Vietnamese Name:

CÔNG TY TNHH KOLON INDUSTRIES VIỆT NAM

Short Name:

KIVNC

Business ID (TIN):

3702483113

Date of Registration:

18 Jul 2016

Registered Office:

Binh Duong Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

KIM C

Address:

Lot No. 15, Beauty City Joint Stock Company Industrial Cluster, Ong Dong Quarter, Tan Hiep Ward, Tan Uyen City, Binh Duong Province, Vietnam

Phone:

84-274 / 3655 130

Factory Address:

Lot A24, A28, A29, Road No. 5, Uyen Hung Industrial Cluster, Uyen Hung Ward, Tan Uyen City, Binh Duong Province, Vietnam

Factory Address:

Lot C-4A-CN, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ben Cat Town, Binh Duong Province, Vietnam

Branch:

Lot A24, A28, A29, Road No. 5, Uyen Hung Industrial Cluster, Uyen Hung Ward, Tan Uyen City, Binh Duong Province, Vietnam

Branch:

Lot C-4A-CN, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ben Cat Town, Binh Duong Province, Vietnam

Business Sector

Key business lines:

VSIC:

2013 Manufacture of plastics and synthetic rubber in primary forms

Industry Sales Growth

CAGR (2019 - 2023)

4.66%

YoY (2023)

-9.31%

Companies by industry

Company distribution and propportions

1,279

0.0440%

Key Industry Players

Top 10 companies in manufacture of plastics and synthetic rubber in primary forms industry

the southern rubber industry joint stock company vina plasticizers chemical company limited agc chemicals vietnam company limited european plastic joint stock company tpc vina plastic and chemical corporation limited. phuc thanh vinh rubber co.,ltd viet thanh plastic trading and manufacturing joint stock company thuan loi rubber company limited linh huong production trading company limited tien thanh limited company

Payment History

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Financial Performance

Assets	-48.60%
Owner’s Equity	87.74%
Working Capital	-63.40%
Net Worth	94.94%
Sales	-62.06%
Operating income	-37.73%
EBIT	-26.02%
Gross Profit Margin	65.20%
Debt to EBITDA	-79.17%

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Specific Questions About KOLON INDUSTRIES VIET NAM CO.,LTD

When did KOLON INDUSTRIES VIET NAM CO.,LTD start operating?

KOLON INDUSTRIES VIET NAM CO.,LTD was started in 18 Jul 2016

What industry does KOLON INDUSTRIES VIET NAM CO.,LTD operate in?

KOLON INDUSTRIES VIET NAM CO.,LTD is operating in "Manufacture of plastics and synthetic rubber in primary forms" industry

How can I contact KOLON INDUSTRIES VIET NAM CO.,LTD?

KOLON INDUSTRIES VIET NAM CO.,LTD phone numbers is 84-274 / 3655 130

What adverse news is there about KOLON INDUSTRIES VIET NAM CO.,LTD?

KOLON INDUSTRIES VIET NAM CO.,LTD’s has no negative news

What is stock symbol of KOLON INDUSTRIES VIET NAM CO.,LTD?

KOLON INDUSTRIES VIET NAM CO.,LTD is not listed company

Where is the location of KOLON INDUSTRIES VIET NAM CO.,LTD?

KOLON INDUSTRIES VIET NAM CO.,LTD is located at Lot No. 15, Beauty City Joint Stock Company Industrial Cluster, Ong Dong Quarter, Tan Hiep Ward, Tan Uyen City, Binh Duong Province, Vietnam

What is KOLON INDUSTRIES VIET NAM CO.,LTD’s business registration?

KOLON INDUSTRIES VIET NAM CO.,LTD business registration is 3702483113

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KOLON INDUSTRIES VIET NAM CO.,LTD

KOLON INDUSTRIES VIET NAM: A South Korean Powerhouse Manufacturing for Vietnam’s Auto Sector

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KOLON INDUSTRIES VIET NAM CO.,LTD

KOLON INDUSTRIES VIET NAM CO.,LTD

KOLON INDUSTRIES VIET NAM CO.,LTD

KOLON INDUSTRIES VIET NAM: A South Korean Powerhouse Manufacturing for Vietnam’s Auto Sector

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