PANASONIC SYSTEM NETWORKS VIETNAM CO., LTD

PANASONIC SYSTEM NETWORKS VIETNAM CO., LTD is a wholly foreign-owned enterprise operating at the heart of Hanoi’s Thang Long Industrial Park. Established on December 24, 2007, the company is a critical manufacturing and engineering arm of Panasonic Group in Vietnam, focused on the production and processing of communication equipment, data processing systems, and high-tech electronic products. It is registered under Business ID and Tax Code 0101824243-001, with its head office located in Vong La Commune, Dong Anh District, Hanoi.

With a strong workforce of 1,900 employees, PANASONIC SYSTEM NETWORKS VIETNAM CO., LTD has steadily expanded its production and technical capabilities over the years. The company reported USD 91.15 million in total assets and USD 218.31 million in sales for fiscal year 2024. Although sales dipped by 7.98% from the previous year, it still maintained a solid net profit of USD 7.36 million, underlining stable operations in a globally competitive electronics industry.

One of the most remarkable aspects of PANASONIC SYSTEM NETWORKS VIETNAM CO., LTD is its consistent growth in asset base, which rose for the third consecutive year, alongside a sizable working capital of over USD 62 million. Despite a slight reduction in equity and profit in 2024, the company’s financial fundamentals remain strong, backed by full ownership from Panasonic Vietnam Co., Ltd and a clear alignment with Panasonic’s global production strategies.

Operating in a high-tech, capital-intensive industry, this company’s performance is a reflection of both technological precision and sound corporate governance. The management, led by General Director Mr. Hashizume Kesaaki, continues to drive innovation while sustaining profitability amid market pressures.

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