LONG BIEN AUTO SERVICE AND BUSINESS ONE MEMBER COMPANY LIMITED

LONG BIEN AUTO SERVICE AND BUSINESS ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN KINH DOANH VÀ DỊCH VỤ Ô TÔ LONG BIÊN) is a limited liability company established on 12 October 2016 and registered with the Ha Noi City Department of Planning and Investment. The company operates under Business ID 0107596635 and Tax Identification Number 0107596635. Its head office is located at No. 3 Nguyen Van Linh Street, Gia Thuy Ward, Long Bien District, Ha Noi City, Vietnam. 

Ownership and Legal Structure

The company has a charter capital of approximately USD 1.23 million, fully paid. It is wholly owned (100%) by INVESTMENT COOPERATION AND DEVELOPMENT JOINT STOCK COMPANY, a Vietnamese entity.

With around 150 employees, LONG BIEN AUTO SERVICE AND BUSINESS operates as a mid-sized automotive trading and service enterprise in Hanoi.

Management and Leadership

The company is chaired by Mr. TRINH C. H. (Chairman), while daily operations are managed by Mr. NGO T. T. (Director). The leadership team oversees both vehicle distribution and after-sales service operations.

Business Activities

The company specializes in the trading of cars. Its main activities include wholesale and retail sale of motor vehicles (with 9 seats or fewer), commission agent activities for motor vehicles, maintenance and repair services, and sale of spare parts and accessories.

Additional registered activities include sale of motorcycles and related services, passenger land transport (excluding bus transport), and freight transport by road. However, automobile trading and servicing remain the core revenue-generating activities.

Financial Performance Overview

Total assets amount to approximately USD 6.97 million, reflecting strong expansion compared to earlier operational stages.

Owner’s equity stands at around USD 1.94 million, showing steady capital growth and retained earnings accumulation.

Revenue reached approximately USD 65.63 million, demonstrating significant growth momentum in vehicle trading operations.

One notable financial point is the company’s consistent profitability. Net profit is recorded at USD 279,897, indicating stable earnings despite fluctuations in margins within the automotive sector.

Working capital stands at approximately USD 1.75 million, reflecting adequate short-term liquidity to support inventory financing and daily operations.

Market Position and Expansion

LONG BIEN AUTO SERVICE AND BUSINESS ONE MEMBER COMPANY LIMITED has demonstrated rapid revenue growth alongside expanding assets and equity. Operating in Hanoi’s competitive automobile market, the company benefits from diversified revenue streams, including vehicle sales, servicing, and spare parts distribution.

Sustained performance will depend on inventory management efficiency, dealership relationships, consumer demand trends, and effective working capital control in Vietnam’s evolving automotive retail sector.