LE LONG VIET NAM COMPANY LIMITED (CÔNG TY TNHH LE LONG VIỆT NAM): A Leading FDI Battery Manufacturer Powering Steady Growth Amid Market Fluctuations

LE LONG VIET NAM COMPANY LIMITED (CÔNG TY TNHH LE LONG VIỆT NAM), a wholly foreign-owned enterprise established in 2008, has steadily carved out its position as a major battery and accumulator manufacturer in Vietnam. Operating under Business ID 1100102656, the company’s registered office is located at No. 40, Ba Chanh Thau Street, Ward 2, Ben Luc Town, Ben Luc District, Long An Province, while its primary factory stands in Duc My Industrial Cluster, Duc Hoa Dong Commune, Duc Hoa District, Long An Province.

The company is a strategic arm of Taiwan-based KUNG LONG BATTERIES INDUSTRIAL CO., LTD, which holds 100% ownership. With a workforce of around 3,000 employees, LE LONG VIETNAM is renowned for its “LONG” brand batteries and diversified product lines that include electric lighting equipment and structural metal products.

In 2023, the company posted sales of USD 183.79 million, a 14.78% decline compared to 2022—highlighting the volatility in global demand or potential inventory adjustments. However, this sales dip was counterbalanced by a strong improvement in profitability, with net profit increasing by 14.2% to USD 12.07 million. Total assets held steady at USD 120.48 million, while owner’s equity grew by 5.87%, reaching USD 86.2 million, confirming a healthy financial position despite temporary revenue setbacks.

Working capital surged by over 10% to USD 67.13 million, reflecting effective capital management and liquidity strength. The company’s net worth was recorded at USD 84.68 million, a reassuring figure for lenders and suppliers seeking risk-stable manufacturing partners.

Under the leadership of General Director Mr. LEE JUI CHUN (Chinese nationality) and Managing Director Mr. LIU HSU CHIEH (Taiwanese nationality), LE LONG VIETNAM has maintained a growth trajectory built on industrial precision and cross-border operational discipline. The firm has also extended its presence through branches in both Ho Chi Minh City and Hanoi, enabling nationwide logistics and service coverage.

From a credit and risk perspective, VANGUARD BUSINESS INFORMATION LLC (VBI) considers LE LONG VIETNAM a financially sound manufacturer with moderate market risk due to revenue fluctuations, but strong capital buffers and steady profitability. Companies seeking partners in Vietnam’s power storage and battery segments can leverage VBI’s full due diligence reports and financial risk assessments to gain deeper insight before engagement.

To explore this company’s complete profile or order a comprehensive credit report, visit vnbis.com.