POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY

POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TRUNG TÂM GIA CÔNG POSCO VIỆT NAM)

POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TRUNG TÂM GIA CÔNG POSCO VIỆT NAM) is a key player in Vietnam’s steel processing industry. Founded on September 27, 2006, and based in Phuc Dien Industrial Park, Hai Duong Province, the company operates under the legal form of a Joint Stock Company with Business ID / Tax Code: 0800342877.

With over 18 years of presence in Vietnam, POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY has built a robust reputation for excellence in the manufacture and processing of hot/cold-rolled steel, steel plates, and non-ferrous metals. The company also operates branches in Dong Nai, Binh Duong, and a representative office in Ho Chi Minh City, ensuring a nationwide supply chain footprint.

Legal Information and Ownership Structure

• Legal Form: Joint Stock Company
• Business Registration / Tax Code: 0800342877
• FDI Ownership Status: 100% foreign-invested
• Charter Capital: USD 29.31 million
• Paid-up Capital (2023): USD 29.31 million
• Place of Registration: Hai Duong Department of Planning and Investment

The ownership is dominated by POSCO Holdings Inc. of South Korea (84.04%), along with stakes held by POSCO Co., Ltd, POSCO VST Co., Ltd (Vietnam), and POSCO International Corporation.

Key Personnel

• General Director: Mr. LEE JIN HO (South Korean)
• Managing Director: Mr. CHOI JIN HYUNK (South Korean)
• Number of Employees: Approx. 300

The leadership of POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY reflects the influence of Korean industrial management, bringing global best practices into Vietnam's steel sector.

Financial Performance Highlights

In 2023, despite a global economic slowdown, POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY showed resilience with the following key figures:

• Total Assets: USD 178.07 million (YoY -9.93%)
• Owner's Equity: USD 86.09 million (YoY +24.62%)
• Sales Revenue: USD 430.84 million (YoY -25.72%)
• Profit After Tax: USD 5.5 million (YoY +42.05%)
• Working Capital: USD 74.17 million
• Net Worth: USD 85.98 million

The significant growth in equity and profit indicates effective cost control and operational management, even amid declining revenues due to market contraction.

Main Business Activities

• Processing of steel coils, plates, and non-ferrous metals
• Export/import and domestic distribution of steel products under key HS codes
• Machining, coating of metals, and specialized steel treatment
• Wholesale of metal ores and steel materials
• Business support services, market research, and property leasing

POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY supports both domestic manufacturing and export sectors, making it a vital contributor to Vietnam’s industrial ecosystem.

Business Risk Management and Verification

For clients, investors, and suppliers looking to assess the credibility and financial health of POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY, we recommend using the Business Verification and Risk Management Service provided by Vanguard Business Information (VBI).

Through VBI, you can receive in-depth verification reports, financial analysis, and customized risk profiles to ensure you’re dealing with a reputable and financially sound enterprise.

Conclusion

With strong foreign backing, strategic industrial positioning, and increasing equity, POSCO VIETNAM PROCESSING CENTER JOINT STOCK COMPANY remains a cornerstone in Vietnam's steel processing sector. Whether you're considering a partnership, investment, or supply chain collaboration, verifying this company through VBI’s trusted risk management services is a critical step toward securing your business interests.