SCHAEFFLER VIETNAM COMPANY LIMITED

SCHAEFFLER VIETNAM COMPANY LIMITED is a wholly foreign-owned manufacturing enterprise and a key part of Germany’s Schaeffler Group in Southeast Asia. Operating under the Vietnamese name CÔNG TY TRÁCH NHIỆM HỮU HẠN SCHAEFFLER VIỆT NAM, the company was established in July 2007 and has built more than 18 years of operating history in Vietnam. Its tax code (Business ID / TIN) is 0304379252, and its head office and central production facility are located at Lot 516, Road No. 13, Long Binh (Amata) Industrial Park, Long Binh Ward, Dong Nai Province, Vietnam, one of the country’s most developed industrial zones.

SCHAEFFLER VIETNAM specializes in the manufacture of bearings, gears, gearing, and driving elements, supplying high-precision components to automotive, industrial machinery, and engineering sectors. In addition to manufacturing, the company is licensed for a wide range of supporting activities, including equipment installation, machinery repair, industrial leasing, and selected IT-related services. This diversified registration reflects Schaeffler’s strategy of positioning Vietnam not only as a production base but also as a regional service and technical support hub.

Financially, 2023 marked a clear cyclical downturn after a powerful year in 2022. Total assets remained stable at approximately USD 140.0 million, while net sales declined sharply to USD 87.6 million, down more than 31% year on year. The company recorded a net loss of USD 5.24 million, compared with a profit exceeding USD 10.8 million in 2022, reflecting demand normalization and margin pressure across global industrial and automotive markets. Nevertheless, owner’s equity remained positive at USD 27.6 million, and the working capital of USD 25.3 million indicates that liquidity and short-term solvency remain well managed.

From a governance perspective, the company is led by General Director Eng P. J., supported by Deputy General Director Nguyen T. D. The company employs around 1,000 employees and is 100% owned by Industriewerk Schaeffler INA-Ingenieurdienst GmbH (Germany), ensuring strong financial backing, advanced technology transfer, and strict compliance with global operational standards.

Overall, SCHAEFFLER VIETNAM COMPANY LIMITED remains a strategically important manufacturing arm of a global industrial group in Vietnam. While recent financial performance reflects cyclical headwinds, its solid asset base, strong parent support, and long-standing presence continue to make it a relevant and generally low-risk counterparty for suppliers, lenders, and industrial partners evaluating exposure to Vietnam’s advanced manufacturing sector.