LONG HUNG IMPORT EXPORT AND INVESTMENT JOINT STOCK COMPANY

LONG HUNG IMPORT EXPORT AND INVESTMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ VÀ XUẤT NHẬP KHẨU LONG HƯNG), based in Hanoi, is a growing joint stock enterprise with ambitions rooted in the trade of fertilizers and diversified across manufacturing and service lines. Established in March 2017, this company has now operated for over eight years, maintaining an active registration under Business ID 0107744259. With its head office located at No. 20A, Alley 44/1, Đỗ Quang Street, Trung Hoà Ward, Cầu Giấy District, and a representative office in Ho Chi Minh City, Long Hung demonstrates both geographic expansion and business confidence.

Financially, the company showed notable improvement in 2023. Total assets surged by over 73%, reaching USD 21.17 million, while sales increased nearly 28% to USD 62.74 million. Profitability also recovered from a dip in 2022, with net profit growing 21.83% to USD 248,067. Although these numbers are not massive, they suggest a trajectory of stable operational management and increasing market share. Equally important, owner’s equity rose to nearly USD 2.87 million, up nearly 60% year-on-year, indicating retained earnings are being reinvested or that the business is sustaining low debt levels.

The company is chaired and directed by Mr. Nguyen Cuu Long, who holds a 70% ownership stake. His leadership appears to be central to the company’s governance and long-term direction. Supporting him is Ms. Nguyen Thi Thanh Huyen, who serves as Deputy Director and also holds a 10% share. Other shareholders include both individuals and partners based in Hanoi and Ho Chi Minh City. Although the shareholder data has not been recently updated in public filings, this can be checked via reliable corporate verification platforms.

Long Hung’s line of business is officially categorized under “other specialized wholesale,” but its registered activities are far broader. These range from manufacturing fertilizers, starch, and animal feed, to producing electronics, pesticides, and consumer goods. It is also licensed for construction services, warehousing, short-term accommodation, and cargo handling—suggesting a strategic positioning to serve both the agricultural and industrial sectors comprehensively.

While the company’s growth in revenue and assets is promising, potential partners and stakeholders should verify updated corporate and financial details independently, especially given the absence of recent shareholder disclosures. Platforms like Vanguard Business Information LLC (VBI) provide essential business verification services, offering access to private financial data, credit risk assessments, and litigation history. These checks are especially valuable for joint stock companies like Long Hung, where ownership and financial shifts can influence business decisions and reputational standing.

In summary, LONG HUNG IMPORT EXPORT AND INVESTMENT JOINT STOCK COMPANY appears to be a growing midsize enterprise in Vietnam’s competitive trading and manufacturing landscape. With competent leadership, increasing revenue, and a relatively lean but improving balance sheet, the company is worth watching. However, as with all business engagements, transparency and real-time information are essential—and third-party business intelligence should be considered a critical part of due diligence.