MY VIET TRADING AND INDUSTRIES COMPANY LIMITED

MY VIET TRADING AND INDUSTRIES COMPANY LIMITED (Vietnamese: Công Ty TNHH Thương Mại Và Công Nghiệp Mỹ Việt) stands as a reputable private enterprise operating in the industrial and construction material manufacturing sector. Officially registered under Business ID and Tax Code 0900239753, the company was established on May 17, 2005 and is headquartered in Pho Noi A Industrial Park, Lac Dao Commune, Van Lam District, Hung Yen Province, Vietnam. Over the past two decades, it has grown into a significant manufacturer of corrugated iron, water heaters, sanitary equipment, and a wide variety of fabricated metal products, consistently supporting Vietnam’s industrial supply chain.

Led by General Director Mr. Nguyen Minh Tuan, who also holds a 95% stake in the company, and Vice General Director Ms. Nguyen Minh Thu, MY VIET INDUSTRIES employs approximately 850 workers and maintains an additional presence in Hanoi via its transaction office at My Viet Tower, No. 46, Bich Cau Street, Dong Da District. With USD 51.35 million in charter capital and USD 41.49 million in paid-up capital as of December 31, 2023, the company continues to operate actively as a privately held limited liability company.

Financially, MY VIET INDUSTRIES closed 2023 with USD 115.95 million in total assets, down 7.62% from the previous year, reflecting a strategic contraction after a period of rapid expansion. Despite a 21.08% decline in sales to USD 185.48 million, the company’s profit grew by 52.87% year-over-year, reaching USD 1.09 million. These figures suggest that MY VIET has improved operational efficiency and cost control. The owner’s equity also rose to USD 45.38 million, indicating a stable financial structure despite external market challenges. However, it is worth noting the negative working capital of USD 1.55 million, which may indicate short-term liquidity management concerns—an area that warrants further monitoring through professional risk assessments and financial due diligence.

MY VIET INDUSTRIES has diversified its operations across several business lines, extending beyond steel and metal to include manufacturing of plastic, glass, concrete, ceramics, dairy products, and even soft drinks and bottled water. The company is also active in wholesale distribution of construction materials, metals, machinery, and waste products, and maintains real estate investments involving both owned and leased properties. This broad portfolio illustrates a multi-industry resilience strategy that enhances its ability to navigate economic fluctuations.

For business stakeholders, investors, and procurement managers evaluating supply chain reliability, creditworthiness, or corporate transparency, MY VIET INDUSTRIES represents a solid example of a mid-sized Vietnamese industrial manufacturer. However, deeper insights are often necessary to mitigate potential risks and uncover growth opportunities. That is why VANGUARD BUSINESS INFORMATION LLC (VBI) offers comprehensive support through its suite of services including company financial data, risk management, company reports, and due diligence investigations. All of this information is available through VBI’s official platform at vnbis.com, which provides professionals with the tools they need to make informed and confident decisions when engaging with companies like MY VIET.