NAM PHAT SHIPBUILDING AND SHIPPING COMPANY CORPORATION

NAM PHAT SHIPBUILDING AND SHIPPING COMPANY CORPORATION (CÔNG TY CỔ PHẦN ĐÓNG TÀU VÀ VẬN TẢI BIỂN NAM PHÁT) anchors its operations in the heart of Quang Ninh Province, where it powers Vietnam’s maritime economy through steel trading, shipbuilding, and logistics. Since its founding on May 3, 2011, the company has grown into a dynamic force with both industrial grit and entrepreneurial ambition. Its headquarters sits in Quarter 12, Ha An Ward, Quang Yen Town, while its Hanoi branch keeps business links flowing at Song Da Tower, Pham Hung Street.

At the helm is Director Ms. Le Thi Tuyet, an industry-savvy leader who—alongside Deputy Director Ms. Ninh Thi Nhung—steers a 750-strong workforce through the complex waters of Vietnam’s heavy industry. Together, they’ve built NAM PHAT SHIPBUILDING AND SHIPPING COMPANY CORPORATION into a robust player that trades steel sheets, rods, and wires; constructs and repairs vessels; and moves massive volumes of goods across Vietnam’s sea lanes. The company also offers port services, mechanical structure processing, and handles warehousing for its diverse clientele.

In 2023, the company delivered another solid performance, despite notable financial challenges. It posted USD 327.19 million in revenue, up 23.21% from the previous year. Total assets rose to USD 180.33 million, demonstrating the firm’s continued investment in scale and infrastructure. However, profits remained in negative territory at USD -816,708, though this still marked a substantial 91.87% improvement from 2022’s heavy losses. Equity fell to USD 2.68 million, down 28.05%, and working capital dipped into the red at USD -36.18 million, signaling short-term pressure that management is actively working to resolve.

Ownership of the company remains firmly Vietnamese and privately held. Ms. Le Thi Tuyet holds the largest share at 44%, followed by Ms. Nhung (32.5%) and Ms. Trinh Huyen Trang (23.5%). Their shared vision fuels the company’s blend of traditional craftsmanship and modernized logistics solutions—a rare combination that keeps NAM PHAT SHIP., CORP agile in a globally competitive sector.

Legal registration is under the Quang Ninh Province Department of Planning and Investment, with charter capital at USD 32.04 million and a paid-up capital of USD 17.25 million. These figures support the company’s ambitions to not only expand its shipbuilding capacity but also become a trusted hub for steel trading and maritime transportation in northern Vietnam.

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Despite recent financial turbulence, NAM PHAT SHIPBUILDING AND SHIPPING COMPANY CORPORATIONremains a symbol of Vietnam’s industrial drive—resilient, evolving, and deeply anchored in one of the nation’s most strategic economic regions.