MIDEA CONSUMER ELECTRIC (VIETNAM) CO., LTD

MIDEA CONSUMER ELECTRIC (VIETNAM) CO., LTD (CÔNG TY TNHH MIDEA CONSUMER ELECTRIC (VIETNAM)) is an active foreign-invested enterprise operating in the heart of Vietnam’s electronics and home appliance industry. Located in the Vietnam – Singapore Industrial Park, Binh Duong Province, the company has been in operation since 2008, manufacturing a wide range of household electrical appliances for both domestic consumption and international export.

With a workforce of 2,500 employees and 100% ownership held by MIDEA ELECTRIC TRADING (SINGAPORE) CO. PTE. LTD, this company has quickly risen to become a key player in Vietnam’s consumer electronics sector. As of 2023, it reported total assets of USD 124.64 million, sales of USD 162.15 million, and a notable net profit of USD 9.81 million—a 200% increase compared to the previous year. Equity also grew steadily by nearly 28%, while working capital stood strong at over USD 24.5 million, indicating robust financial health and operational stability.

Under the leadership of Chen X., the Chinese General Director, MIDEA CONSUMER ELECTRIC (VIETNAM) CO., LTD has demonstrated efficient capital management and agile market adaptation. The company’s broad registered business activities—ranging from manufacturing of electronic components and plastic products to wholesale trade—reflect a well-integrated business model suited for competitive scalability.

This sharp rise in profitability and asset growth positions the company as one to watch in Vietnam’s manufacturing landscape. For potential investors and partners, conducting business verification, assessing credit risks, and reviewing private company data remains essential to ensure transparency and sustainability in collaboration with this fast-growing enterprise.