OCEAN MINERALS INVESTMENT JOINT STOCK COMPANY

OCEAN MINERALS INVESTMENT JOINT STOCK COMPANY, or Công Ty Cổ Phần Đầu Tư Khoáng Sản Đại Dương (OIC), is a large-scale, privately held joint stock company based in Thanh Hoa Province, Vietnam. Established on November 11, 2010, the company operates under Business ID 2801606011 and is legally registered with the Thanh Hoa Province Department of Finance. Its main headquarters is at Land Lot No. 160, Map Sheet No. 8, Nam Son Hamlet, Nghi Son Ward, Thanh Hoa Province, with key operations centered around industrial logistics, mining, manufacturing, and port infrastructure.

The company is led by Chairman Mr. Pham V. D., who plays a strategic leadership role in guiding the company’s direction. Supporting him is General Director Mr. Pham V. H., who oversees day-to-day operations, and Deputy General Director Mr. Hoang Q. T., who coordinates production and industrial logistics. Together, they manage a workforce of more than 850 employees, operating across both port services and inland production sites.

OIC specializes in a wide range of activities, including cargo handling, port towing services, waterway transportation, warehousing, crane and truck leasing, and the manufacturing of PP packaging, cement bags, and concrete. It also holds mining licenses for chemical and fertilizer minerals, non-ferrous metal ores, and construction aggregates, further solidifying its vertically integrated industrial enterprise presence.

 In 2023, the company recorded USD 118.06 million in sales, representing a sharp 84% increase over 2022—a strong signal of demand recovery and operational scaling. Its total assets reached USD 200.24 million, and working capital climbed to USD 42.58 million, showing solid liquidity. However, the year ended with a net loss of USD 1.14 million, reversing the previous year's near break-even performance. Meanwhile, owner’s equity stood at USD 106.37 million, remaining stable despite declining profitability.

OIC’s majority shareholder is Thanh Tien Company Limited, holding 80% of the equity. Other key stakeholders include Petro Nghi Son Investment & Trading JSC (15%) and individual shareholder Mr. Trinh X. N. (5%). This shareholder mix reflects regional industrial investment and strategic alignment with the broader development plans of Nghi Son’s coastal economic zone.

With its expansive logistics network, strategic port-side positioning, and integrated operations from raw materials to finished construction goods, OCEAN MINERALS INVESTMENT JSC plays a critical role in Vietnam’s industrial infrastructure. However, given the company’s recent financial performance, including its return to losses in 2023, partners and investors are encouraged to conduct careful financial and legal due diligence.

 VANGUARD BUSINESS INFORMATION LLC (VNBIS) offers detailed company credit reports, litigation checks, and financial evaluations for banks, suppliers, and logistics providers considering engagement with OIC. These insights help mitigate risk and support informed decision-making when working with large, capital-intensive enterprises in Vietnam.