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LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Active

Business ID 0201311397

84-225 / 8820 700

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Active

Business ID 0201311397

84-225 / 8820 700

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Active

Summary

Name:

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Business ID (TIN):

0201311397

Date of Registration:

06 Sep 2013

Registered Office:

Hai Phong City Department of Finance

Address:

Lot CN2, Trang Due Industrial Park, Hai Phong City, Vietnam

Phone:

84-225 / 8820 700

Financial Statement:

2020, 2021, 2022, 2023, 2024

LG Electronics Vietnam Hai Phong Co., Ltd. (LGEVH) is a key player in Vietnam’s consumer electronics manufacturing sector, specializing in audio-visual equipment, household electrical appliances, and electronic components. As a wholly owned subsidiary of LG Electronics Inc. (South Korea), the company has played a significant role in expanding LG’s global production network since its establishment in 2013.

Located in Trang Due Industrial Park, Hai Phong City, LGEVH benefits from Vietnam’s strong manufacturing ecosystem, strategic trade agreements, and access to international markets. With additional branches in Hanoi, Ho Chi Minh City, and Da Nang, the company ensures efficient distribution and service coverage nationwide.

Financial Strength and Market Performance

LGEVH has demonstrated strong financial growth, positioning itself as one of Vietnam’s top consumer electronics manufacturers. As of 2023, the company reported:

Total assets of USD 1.57 billion, marking a 22.65% year-over-year increase.
Annual sales revenue of USD 4.06 billion, reflecting a 17.35% rise from 2022.
Net profit of USD 140.08 million, a 24.87% increase year-over-year, underscoring LG’s strong market presence and operational efficiency.

These figures highlight LGEVH’s ability to scale operations and maintain profitability, despite fluctuations in the global electronics supply chain. The company employs 3,000 workers, contributing significantly to Vietnam’s high-tech manufacturing sector and employment growth.

Business Operations and Technological Capabilities

LGEVH engages in the manufacturing and trading of consumer electronics, including televisions, home appliances, and multimedia systems. The company also specializes in electronic equipment repair, technical consultancy, and wholesale trade of computer-related products.

With R&D investments in smart home technology, AI-driven appliances, and energy-efficient solutions, LGEVH is aligned with global trends in digital transformation and sustainability. The company’s commitment to quality, innovation, and after-sales service has strengthened its brand loyalty among Vietnamese and international consumers.

Investment Intelligence and Business Risk Management

For investors and businesses assessing LGEVH’s financial stability, creditworthiness, and market potential, Vanguard Business Information LLC (VNBiS) provides comprehensive Company Credit Reports, Business Information, and Due Diligence Reports on companies in Vietnam. By offering risk management assessments and corporate financial analysis, VNBiS delivers crucial insights for supply chain partners, investment firms, and electronics distributors.

VNBiS specializes in corporate compliance verification, credit risk analysis, and market intelligence solutions, helping businesses navigate Vietnam’s competitive consumer electronics landscape. With Vietnam’s rapidly growing demand for smart home appliances and high-tech manufacturing, VNBiS ensures that investors and business partners receive accurate and actionable data.

Future Outlook and Strategic Expansion

As Vietnam solidifies its position as a global hub for electronics manufacturing, LGEVH is expected to expand production capacity, diversify its product portfolio, and integrate advanced technologies into its operations. The company’s investment in AI-driven appliances and energy-efficient products aligns with global sustainability goalsand enhances its competitive advantage in the market.

For businesses looking to analyze LGEVH’s investment potential, supply chain risks, or partnership opportunities, VNBiS provides trusted Due Diligence Reports, Company Credit Reports, and Market Intelligence services. By leveraging VNBiS’s expertise in Risk Management and Business Information, companies can confidently explore opportunities in Vietnam’s evolving electronics industry.

Legal Profile

English Name:

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Vietnamese Name:

CÔNG TY TNHH LG ELECTRONICS VIỆT NAM HẢI PHÒNG

Short Name:

LGEVH

Business ID (TIN):

0201311397

Date of Registration:

06 Sep 2013

Registered Office:

Hai Phong City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ MOON B.H

+ CHO H

Address:

Lot CN2, Trang Due Industrial Park, Hai Phong City, Vietnam

Phone:

84-225 / 8820 700

Branch:

9th Floor, Indochina Building, No. 74, Bach Dang Street, Da Nang City, Vietnam

Branch:

Floors 15, 16, Office Building, Lotte Mall Ha Noi, No. 272, Vo Chi Cong Street, Ha Noi City, Vietnam

Branch:

12th Floor, Sofic Building, No. 10, Mai Chi Tho Street, Ho Chi Minh City, Vietnam

Representative office:

G Floor, Hong Phuc Building, No. 28-33 Pham Ngoc Thach Street, Can Tho City, Vietnam

Representative office:

No. 70, Road N1, Quarter 7, Dong Nai Province, Vietnam

Representative office:

Room 7AB, 7th Floor, Nha Trang Building, No. 42, Le Thanh Phuong Street, Khanh Hoa Province, Vietnam

Representative office:

Area Adjacent to the shopping center -Shophouse, Lot D2-06, Ha Long Marine Plaza Complex, Quang Ninh Province, Vietnam

Representative office:

No. 111, Road D, Chanh Nghia Area, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2640 Manufacture of consumer electronics

NACE:

26.40 Manufacture of consumer electronics

NAICS:

3343 Audio and Video Equipment Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

10.58%

YoY (2023)

15.71%

Companies by industry

Company distribution and propportions

755

0.0260%

Key Industry Players

Top 10 companies in manufacture of consumer electronics industry

anam electronics viet nam co., ltd lg electronics vietnam hai phong co., ltd samsung electronics hcmc ce complex co., ltd tcl smart device (viet nam) company limited amtran vietnam technology company limited goertek technology vina company limited bumjin electronics vina co.,ltd competition team technology (vietnam) company limited tonly electronics technology viet nam co.,ltd pegatron vietnam company limited

Payment History

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Financial Performance

Assets	-59.50%
Owner’s Equity	38.06%
Working Capital	-86.78%
Net Worth	24.87%
Sales	-67.96%
Operating income	91.33%
EBIT	-59.16%
Gross Profit Margin	-8.50%
Debt to EBITDA	90.57%

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Specific Questions About LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

When did LG ELECTRONICS VIETNAM HAI PHONG CO., LTD start operating?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD was started in 06 Sep 2013

What industry does LG ELECTRONICS VIETNAM HAI PHONG CO., LTD operate in?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD is operating in "Manufacture of consumer electronics" industry

How can I contact LG ELECTRONICS VIETNAM HAI PHONG CO., LTD?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD phone numbers is 84-225 / 8820 700

What adverse news is there about LG ELECTRONICS VIETNAM HAI PHONG CO., LTD?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD’s has no negative news

What is stock symbol of LG ELECTRONICS VIETNAM HAI PHONG CO., LTD?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD is not listed company

Where is the location of LG ELECTRONICS VIETNAM HAI PHONG CO., LTD?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD is located at Lot CN2, Trang Due Industrial Park, Hai Phong City, Vietnam

What is LG ELECTRONICS VIETNAM HAI PHONG CO., LTD’s business registration?

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD business registration is 0201311397

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LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Financial Strength and Market Performance

Business Operations and Technological Capabilities

Investment Intelligence and Business Risk Management

Future Outlook and Strategic Expansion

Company Profile Report

Company Standard Report

Comprehensive Report

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LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

LG ELECTRONICS VIETNAM HAI PHONG CO., LTD

Financial Strength and Market Performance

Business Operations and Technological Capabilities

Investment Intelligence and Business Risk Management

Future Outlook and Strategic Expansion

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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