MERRY & LUXSHARE (VIET NAM) CO.,LTD

MERRY & LUXSHARE (VIET NAM) CO., LTD is a prominent FDI electronics manufacturer operating within Vietnam’s rapidly expanding consumer-electronics supply chain. Established in 2020 and located in VSIP Nghe An Industrial Park, MERRY & LUXSHARE (VIET NAM) CO., LTD specializes in the manufacture of headphones, earphones, loudspeakers, microphones, chargers, and related electronic components, serving global brand owners and OEM customers.

Despite being relatively young, MERRY & LUXSHARE (VIET NAM) CO., LTD has scaled quickly. By 2023, the company employed approximately 6,500 workers, controlled USD 87.9 million in assets, and generated USD 89.8 million in sales. Although revenue declined year-on-year in line with the broader global electronics slowdown, the company remained solidly profitable, recording USD 6.8 million in net profit and maintaining a substantial working capital of USD 26.2 million—a key indicator of operational resilience.

Ownership is split between Merry Electronics Co., Ltd. (Taiwan) and ICT-Lanto Limited (Hong Kong, China), linking the Vietnam operation directly to major Asian electronics groups. Governance is centralized under Tu Q., Chairman cum General Director, reflecting a tightly integrated production and decision-making model typical of export-oriented electronics manufacturers.

For suppliers, logistics partners, and financial institutions, the key risk factors are customer concentration, global demand cycles, and cross-border ownership structures. In this context, platforms like vnbis.com play an essential role by providing business verification, financial data, and risk management insights, enabling stakeholders to assess better counterparties, such as MERRY & LUXSHARE (VIET NAM) CO., LTD, within Vietnam’s high-volume electronics ecosystem.