PROLooking for more than just a company report? Upgrade to Pro now

MSD HH VIETNAM LTD

Active

Business ID 0315985784

MSD HH VIETNAM LTD

Active

Business ID 0315985784

MSD HH VIETNAM LTD

Active

Summary

Name:

MSD HH VIETNAM LTD

Business ID (TIN):

0315985784

Date of Registration:

28 Oct 2019

Registered Office:

Ho Chi Minh Department of Planning and Investment

Address:

16th Floor, mPlaza Saigon Building, 39 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

MSD HH VIETNAM LTD: A Rapidly Expanding Global Health Subsidiary in Vietnam’s Wholesale Sector

Operating from the prestigious mPlaza Saigon Building, No. 39 Le Duan Street, District 1, Ho Chi Minh City, MSD HH VIETNAM LTD (CÔNG TY TNHH MSD HH VIỆT NAM) has quickly become a key player in Vietnam’s non-specialized wholesale trade market. Officially registered on October 28, 2019, under Business ID and Tax Code 0315985784, the company is a wholly foreign-owned subsidiary of MSD Human Health Holding B.V., headquartered in the Netherlands.

The legal structure is that of a limited liability company, licensed by the Ho Chi Minh City Department of Planning and Investment. As of December 2023, MSD HH Vietnam reported a charter capital of USD 2.84 million, fully paid, and remains an active member of Vietnam’s wholesale distribution ecosystem, particularly in healthcare-related products.

The company is led by Ms. Jennifer Nicole Cox, an American national serving as Chairman of the Members’ Council cum General Director. She is supported by Mr. Chuk Ling Cheung, a board member whose international experience reflects the firm’s global integration with parent company Merck & Co. (MSD).

What sets MSD HH VIETNAM LTD apart is its explosive financial growth. In 2023 alone, revenue surged to USD 210.38 million, a 74.78% increase over the previous year. Profits nearly doubled, climbing to USD 8.03 million, while owner’s equity jumped by 81.9% to USD 17.84 million. Since 2021, revenue has grown by more than 126% per year on average, indicating strong market penetration and robust demand for the company's portfolio.

Backing these impressive figures is a significant expansion in its asset base, which rose to USD 162.91 million, up 53.78% from 2022. With working capital of USD 14.16 million, the company remains in a healthy liquidity position, further enabling its agility in procurement and supply chain management across Vietnam.

MSD HH’s registered business line is categorized under non-specialized wholesale trade, a broad license that likely facilitates the import and distribution of pharmaceuticals, health-related products, and general wholesale items. Although the company's Vietnam office is relatively new, its exponential growth and strategic headquarters in District 1 position it among the most dynamic FDI entrants in the wholesale sector.

With a strong international backbone, professional leadership, and nearly flawless year-over-year performance, MSD HH VIETNAM LTD (CÔNG TY TNHH MSD HH VIỆT NAM) reflects the trend of global healthcare giants increasing their footprint in Vietnam. As the country continues to modernize its healthcare infrastructure and consumer health markets expand, this company is well-positioned for sustained growth and sector leadership.

Legal Profile

English Name:

MSD HH VIETNAM LTD

Vietnamese Name:

CÔNG TY TNHH MSD HH VIỆT NAM

Short Name:

MSD HH

Business ID (TIN):

0315985784

Date of Registration:

28 Oct 2019

Registered Office:

Ho Chi Minh Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ CHUK L.C

+ JENNIFER N.C

Address:

16th Floor, mPlaza Saigon Building, 39 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Former Address:

Room 22-115, Floor 22, E.Town Central, No. 11, Doan Van Street, District 4, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4690 Non-specialized wholesale trade

NACE:

46.90 Non-specialised wholesale trade

Industry Sales Growth

CAGR (2019 - 2023)

2.67%

YoY (2023)

3.87%

Companies by industry

Company distribution and propportions

18,660

0.6418%

Key Industry Players

Top 10 companies in non-specialized wholesale trade industry

(translated name) saigon union of trading co-operatives mm mega market (vietnam) company limited zuellig pharma vietnam ltd. toshiba vietnam consumer products co. ltd brenntag vietnam company limited eb services company limited 3a nutrition (vietnam) company limited koizumi vietnam trading company limited msd hh vietnam ltd gsk pharma vietnam company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-33.00%
Owner’s Equity	63.78%
Working Capital	-32.05%
Net Worth	76.35%
Sales	-84.53%
Operating income	-17.23%
EBIT	66.75%
Gross Profit Margin	56.19%
Debt to EBITDA	-50.32%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About MSD HH VIETNAM LTD

When did MSD HH VIETNAM LTD start operating?

MSD HH VIETNAM LTD was started in 28 Oct 2019

What industry does MSD HH VIETNAM LTD operate in?

MSD HH VIETNAM LTD is operating in "Non-specialized wholesale trade" industry

How can I contact MSD HH VIETNAM LTD?

MSD HH VIETNAM LTD don't share phone numbers information

What adverse news is there about MSD HH VIETNAM LTD?

MSD HH VIETNAM LTD’s has no negative news

What is stock symbol of MSD HH VIETNAM LTD?

MSD HH VIETNAM LTD is not listed company

Where is the location of MSD HH VIETNAM LTD?

MSD HH VIETNAM LTD is located at 16th Floor, mPlaza Saigon Building, 39 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

What is MSD HH VIETNAM LTD’s business registration?

MSD HH VIETNAM LTD business registration is 0315985784

My Order (0)

MSD HH VIETNAM LTD

MSD HH VIETNAM LTD

MSD HH VIETNAM LTD

MSD HH VIETNAM LTD: A Rapidly Expanding Global Health Subsidiary in Vietnam’s Wholesale Sector

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

MSD HH VIETNAM LTD

MSD HH VIETNAM LTD

MSD HH VIETNAM LTD

MSD HH VIETNAM LTD: A Rapidly Expanding Global Health Subsidiary in Vietnam’s Wholesale Sector

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification