PHAN VU INVESTMENT CORPORATION

PHAN VU INVESTMENT CORPORATION (Vietnamese: Công Ty Cổ Phần Đầu Tư Phan Vũ), known as PVI CORP., is a joint stock company with a Tax Identification Number (TIN) of 0302217087. The company was registered on 08 February 2001 under the Ho Chi Minh City Department of Planning and Investment.

Its primary address is A2, Truong Son Street, Tan Son Hoa Ward, Ho Chi Minh City, Vietnam, with an additional registration address at Room 3.15, 3rd Floor, Area I, The Prince Residence, No. 19-21, Nguyen Van Troi Street, Ward 11, Phu Nhuan District, Ho Chi Minh City, Vietnam. PVI CORP. also operates representative offices in Da Nang and Can Tho. The company’s charter capital is USD 32.57 million, fully paid-up as of 31 December 2023.

Key Personnel
The company is chaired by Phan K. L., who plays a pivotal role in strategic decisions. The General Director is Dang K. H., overseeing daily operations and business growth. Both leaders have steered the company through fluctuating market conditions, maintaining its competitive position in Vietnam’s concrete manufacturing industry.

Business Activities
PVI CORP. specializes in the manufacture of concrete and concrete-related products, including precast concrete, reinforced concrete sheet piles, and cement-based materials. The company also engages in utility construction projects, real estate consultancy, electricity generation and distribution, water treatment, and infrastructure construction.

Financial Performance
As of 31 December 2023, PVI CORP. reported:

• Total Assets: USD 183.94 million (up 0.92% YoY)

• Owner’s Equity: USD 53.82 million (up 42.8% YoY)

• Sales: USD 136.66 million (down 29.04% YoY)

• Profit: USD 3.16 million (up 46.26% YoY)

• Working Capital: USD 22.88 million

Despite a decline in sales in 2023, the company showed strong growth in equity and profitability, reflecting better cost management and asset utilization.

Ownership Structure
A major shareholder is Asia Pile Holdings Corporation (Japan), holding 69.21% of the company’s shares, underscoring strong foreign direct investment (FDI) backing.

Conclusion
With over 24 years of operation and a workforce of 350 employees (with the group employing between 1,000–5,000 people), PHAN VU INVESTMENT CORPORATION remains one of Vietnam’s leading manufacturers in the construction materials sector. Its solid capital structure and experienced leadership position it well for future growth, despite challenges in the concrete and infrastructure markets.