ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD

ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD (CÔNG TY TNHH CÔNG NGHIỆP ORIENTAL SPORTS VIỆT NAM) is a foreign-invested manufacturing enterprise operating in Vietnam’s footwear production sector. Established on 30 June 2008, ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD has maintained more than 17 years of continuous operations, serving global footwear supply chains from its manufacturing base in Hai Duong Province.

Legal Status and Corporate Profile

ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD is registered under Business ID and Tax Identification Number 0800288475 with the Hai Duong Province Department of Planning and Investment. The company’s head office and production facilities are located in Mieu Lang Hamlet, Dong Lac Commune, Nam Sach District, Hai Duong Province, Vietnam. The enterprise operates as an active limited liability company with foreign direct investment (FDI) status.

The company’s charter capital stands at approximately USD 4.78 million, fully paid. At the same time, its operational scale far exceeds its registered capital, driven by retained earnings and accumulated assets—the workforce numbers around 2,000 employees, reflecting a labor-intensive manufacturing model typical of the footwear industry.

Core Operations and Business Scope

The principal business activity of ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD is the manufacture of footwear. The company focuses on large-scale industrial production, supplying international buyers and brand owners through export-oriented manufacturing contracts. Its registered business activities are narrowly defined, concentrating on footwear manufacturing and related business support services, indicating a focused operational strategy rather than diversification.

This specialization allows the company to optimize production efficiency, quality control, and delivery timelines—critical factors in global footwear supply chains.

Management and Governance

The company is led by its Chairman cum General Director, Mr. LIU W. H., supported by a team of Deputy General Directors. The management team is predominantly Taiwanese, reflecting the company’s foreign ownership structure and cross-border management integration. Decision-making authority appears centralized, aligning with standard governance practices in FDI manufacturing enterprises in Vietnam.

Ownership Structure

ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD has a diversified foreign shareholder base. The largest shareholder is Astoria Limited Company, incorporated in the Cayman Islands, holding nearly half of the equity. Additional shareholders include corporate and individual investors from Taiwan, as well as a group of minority shareholders. This ownership configuration suggests a structured offshore holding model commonly used in international manufacturing investments.

Financial Performance and Trends

From a financial perspective, ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD demonstrates operational stability. Total assets increased modestly in the most recent period, while sales revenue also grew slightly, indicating a recovery following a prior contraction. Profitability remained strong in absolute terms, though net profit declined year-on-year, reflecting margin pressure rather than volume contraction.

Equity levels decreased moderately, suggesting dividend distribution, profit normalization, or balance-sheet adjustments. Working capital declined but remained at a high absolute level, underscoring strong liquidity and the company’s ability to meet short-term obligations without financial strain.

Overall, the company presents the profile of a mature, export-oriented manufacturer operating in a competitive global environment with disciplined cost control and stable production volumes.

Business Outlook and Risk Considerations

Operating in the global footwear industry exposes ORIENTAL SPORTS INDUSTRIAL VIETNAM CO., LTD to risks related to international demand cycles, labor availability, wage inflation, and buyer concentration. However, its long operating history, sizable workforce, and solid capital base provide resilience against short-term market fluctuations.

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