SAITEX INTERNATIONAL ĐỒNG NAI (VN) CO., LTD.

SAITEX INTERNATIONAL ĐỒNG NAI (VN) CO., LTD. is one of Vietnam’s most prominent foreign-invested garment manufacturers, operating at an industrial scale within the global denim supply chain. Established in September 2008 and registered with the Dong Nai Province Department of Planning and Investment, the company has built a long-standing production base in southern Vietnam and remains in active legal status.

Legal Status and Corporate Structure

Saitex Đồng Nai operates as a one-member limited liability company with FDI ownership, holding Business ID and TIN: 3601051082. The company reports a fully paid charter capital of nearly USD 25 million, underscoring a solid long-term capital commitment from its foreign shareholder.

The company’s 100% owner is SAITEX INTERNATIONAL (HK) LIMITED, based in Hong Kong, reflecting its position within a cross-border manufacturing and sourcing network. Its head office and main factory are located in Amata Industrial Park, Bien Hoa City, Dong Nai, one of Vietnam’s most established industrial zones.

Key Personnel and Governance

Leadership at Saitex Đồng Nai reflects its international profile:

• Mr. Sanjeev Madan Bahl serves as Chairman, bringing global industry experience and strategic oversight.

• Mr. Andre Wong Sin Hing acts as Director, supporting operational and corporate governance functions.

• Ms. Bui T. L. L. holds the role of Chief Accountant, overseeing financial control and compliance.

With approximately 3,000 employees, Saitex Đồng Nai operates at a scale far above that of typical private garment manufacturers in Vietnam.

Core Operations and Business Scope

The company’s main activity is the manufacture of denim apparel, including jeans, jackets, shorts, skirts, dresses, and jumpsuits. Beyond core apparel production, Saitex is registered for a wide range of textile-related activities, including spinning, weaving, finishing, and the manufacture of made-up textile articles, enabling a high degree of vertical integration.

This diversified registration supports flexibility in sourcing, processing, and finishing, which is increasingly important in a global apparel market facing sustainability, traceability, and compliance pressures.

Key Financial Signals

Available financial data indicate a financially strong and expanding manufacturer:

• Total assets exceed USD 90 million, reflecting heavy investment in production facilities and equipment.

• Annual sales are close to USD 87 million, placing the company among the larger garment exporters operating in Vietnam.

• Equity stands at over USD 40 million, showing a robust capital base and accumulated retained earnings.

• The company recorded a net profit of nearly USD 3.7 million, marking a strong rebound and signaling improved operational efficiency.

• Working capital remains positive, although notably tighter than in prior periods—an important detail for counterparties monitoring short-term liquidity.

Overall, the balance sheet suggests growth with discipline, supported by rising equity and improving profitability.

Why Updated Intelligence Still Matters

Despite its size and strong fundamentals, Saitex Đồng Nai operates in a highly cyclical, compliance-sensitive global industry. Shifts in export demand, brand sourcing strategies, or sustainability regulations can materially affect performance in a short time.

For buyers, lenders, and partners, relying on the most up-to-date company report is essential to confirm current financial strength, legal standing, and operational scale—especially when engaging in large-volume contracts or long-term cooperation.

This article is based on information from a Company Profile Report prepared by VANGUARD BUSINESS INFORMATION LLC (VNBIS), a leading provider of business intelligence, financial analysis, and risk assessment services covering companies in Vietnam and worldwide.