LA VIE LIMITED LIABILITY COMPANY

LA VIE LIMITED LIABILITY COMPANY (CÔNG TY TRÁCH NHIỆM HỮU HẠN LA VIE) is one of Vietnam’s leading bottled water manufacturers, operating as a foreign direct investment (FDI) enterprise under Business ID 1100101187. The company was established on July 17, 2007, and is headquartered along National Highway 1A, Tuong Khanh Quarter, Khanh Hau Ward, Tay Ninh Province, Vietnam. Over 18 years of operation, La Vie has grown into a trusted brand in Vietnam’s non-alcoholic beverage industry. It is best known for its premium bottled mineral water and strong nationwide distribution network.

Legal Status and Ownership

La Vie is a limited liability company registered under the Tay Ninh Department of Finance. It maintains active operational status and has expanded through multiple branches in Hanoi, Hung Yen, and Ho Chi Minh City, allowing it to manage distribution and marketing across Vietnam. The company’s charter capital is USD 1.18 million, with full paid-up capital.

Ownership is divided between two major shareholders: Nestlé Waters France, holding 65 percent, and the Long An Province Development Investment Fund, holding 35 percent. This blend of international expertise and local partnership has supported La Vie’s growth and adherence to global quality standards and local market expectations.

Key Management and Operations

The company is led by Mr. Issa A. Rabie, a Canadian national who serves as General Director, and is supported by a team of 634 employees. Under his leadership, La Vie continues to maintain high production efficiency and ensure consistent product quality across its bottled water range. The company’s core activities include manufacturing and trading non-alcoholic beverages and mineral water, as well as related services such as packaging, logistics, and retail distribution.

Financial Performance

La Vie’s financial results for fiscal year 2023 show steady growth and profitability, reflecting operational efficiency and brand resilience. Total assets reached USD 39.68 million, up 1.25 percent from 2022. Owner’s equity climbed to USD 11.34 million, an impressive 38.76 percent increase, while net profit reached USD 10.04 million, rising by 46.08 percent year-on-year. Sales stood at USD 104.53 million, an 11.98 percent increase from the previous year, driven by continued demand for packaged mineral water products across Vietnam’s urban and industrial regions.

While La Vie posted strong profitability and equity growth, the company reported a negative working capital of USD 16.05 million, which suggests a tighter liquidity position, possibly due to significant short-term obligations or reinvestment activities. However, its high profit margin and consistent capital inflow from shareholders mitigate immediate solvency concerns.

Business Outlook

As a subsidiary of Nestlé Waters, La Vie benefits from advanced technology, global supply chain integration, and strong brand credibility. The company’s success lies in combining global expertise in bottled water production with deep local market understanding. However, maintaining sustainable operations and efficient resource use will remain central to its long-term strategy in a competitive and environmentally conscious beverage market.

In summary, La Vie Limited Liability Company demonstrates financial strength, stable governance, and solid growth momentum in Vietnam’s beverage industry. With backing from Nestlé Waters and a strong domestic partnership, the company remains well-positioned to sustain its leadership in Vietnam’s bottled water segment while expanding toward more sustainable and innovative beverage solutions.