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POSCO VIETNAM CO., LTD

Active

Business ID 3500771158

84-254 / 3923 700 / 3923 031

POSCO VIETNAM CO., LTD

Active

Business ID 3500771158

84-254 / 3923 700 / 3923 031

POSCO VIETNAM CO., LTD

Active

Summary

Name:

POSCO VIETNAM CO., LTD

Business ID (TIN):

3500771158

Date of Registration:

15 Nov 2006

Registered Office:

Ho Chi Minh City Department of Finance

Address:

Lot 1, Phu My II Industrial Park, Ho Chi Minh City, Vietnam

Phone:

84-254 / 3923 700 / 3923 031

Financial Statement:

2020, 2021, 2022, 2023, 2024

POSCO VIETNAM CO., LTD (CÔNG TY TRÁCH NHIỆM HỮU HẠN POSCO - VIỆT NAM) is a foreign direct investment (FDI) enterprise specializing in iron and steel manufacturing. Established on November 15, 2006, the company is registered under Business ID 3500771158 and operates from its headquarters in Phú Mỹ II Industrial Park, Bà Rịa - Vũng Tàu Province, Vietnam. As a subsidiary of POSCO CO., LTD, a leading South Korean steel producer, the company plays a vital role in Vietnam’s steel processing industry, with additional branches in Hồ Chí Minh City and Hà Nội.

In 2023, total assets amounted to USD 235.45 million, reflecting a minor decline of 0.87% from the previous year, while sales revenue dropped by 15.09% to USD 557.12 million. The company's net loss improved significantly, decreasing from USD -30.25 million in 2022 to USD -4.96 million in 2023, indicating better cost control and operational efficiency. However, equity declined by 32.57% to USD 9.04 million, suggesting financial restructuring or capital utilization to sustain operations. Despite financial setbacks, the company maintains positive working capital of USD 5.18 million, ensuring short-term liquidity.

POSCO VIETNAM is wholly owned by POSCO CO., LTD (South Korea), holding 100% ownership, reinforcing its status as a major international steel manufacturer in Vietnam. The company is led by General Director Suh Jong Duk, a South Korean national, alongside Chief Accountant Trần Thanh Hải, a Vietnamese professional, overseeing a workforce of 650 employees.

VANGUARD BUSINESS INFORMATION (VBI) confirms that POSCO VIETNAM operates in full compliance with Vietnamese corporate and investment laws, maintaining transparent financial reporting.

Vietnam’s steel industry is facing market fluctuations due to shifting global demand, high raw material costs, and increasing competition. While Vietnam remains a major steel producer and exporter, lower domestic infrastructure spending and global economic pressures have impacted steel consumption. VBI’s industry assessment suggests that POSCO VIETNAM must focus on cost efficiency, supply chain optimization, and strategic partnerships to navigate challenges in the volatile steel market. With its advanced technology, strong parent company support, and well-established market presence, the company is well-positioned to adapt and expand in Vietnam’s evolving steel industry.

Legal Profile

English Name:

POSCO VIETNAM CO., LTD

Vietnamese Name:

CÔNG TY TRÁCH NHIỆM HỮU HẠN POSCO - VIỆT NAM

Short Name:

POSVIET

Business ID (TIN):

3500771158

Date of Registration:

15 Nov 2006

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ SUH J.D

+ TRAN T.H

Address:

Lot 1, Phu My II Industrial Park, Ho Chi Minh City, Vietnam

Phone:

84-254 / 3923 700 / 3923 031

Branch:

Room 3601, 36th Floor, Opal Tower, No. 92, Nguyen Huu Canh Street, Thach My Tay Ward, Ho Chi Minh City, Vietnam

Branch:

5th Floor, Daeha Trade Center, No. 360, Kim Ma Street, Ngoc Ha Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

0111 Growing of rice

NACE:

01.12 Growing of rice

NAICS:

11116 Rice Farming

Industry Sales Growth

CAGR (2019 - 2023)

YoY (2023)

Companies by industry

Company distribution and propportions

1,292

0.0444%

Key Industry Players

Top 10 companies in growing of rice industry

general commercial and construction joint stock company six four seven aeronautics project construction joint stock company dong nam seed joint stock company thanh chuong company limited (translated name) huong son agricultural cooperative an phu lam joint stock company rich moon company limited vinafarm viet nam joint stock company thien hoa phat trading development company limited

Payment History

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Financial Performance

Assets	44.17%
Owner’s Equity	-42.95%
Working Capital	-62.60%
Net Worth	-11.29%
Sales	-66.41%
Operating income	-87.24%
EBIT	81.59%
Gross Profit Margin	68.57%
Debt to EBITDA	-17.84%

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Specific Questions About POSCO VIETNAM CO., LTD

When did POSCO VIETNAM CO., LTD start operating?

POSCO VIETNAM CO., LTD was started in 15 Nov 2006

What industry does POSCO VIETNAM CO., LTD operate in?

POSCO VIETNAM CO., LTD is operating in "Growing of rice" industry

How can I contact POSCO VIETNAM CO., LTD?

POSCO VIETNAM CO., LTD phone numbers is 84-254 / 3923 700 / 3923 031

What adverse news is there about POSCO VIETNAM CO., LTD?

POSCO VIETNAM CO., LTD’s has no negative news

What is stock symbol of POSCO VIETNAM CO., LTD?

POSCO VIETNAM CO., LTD is not listed company

Where is the location of POSCO VIETNAM CO., LTD?

POSCO VIETNAM CO., LTD is located at Lot 1, Phu My II Industrial Park, Ho Chi Minh City, Vietnam

What is POSCO VIETNAM CO., LTD’s business registration?

POSCO VIETNAM CO., LTD business registration is 3500771158

POSCO VIETNAM CO., LTD