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STARITE INTERNATIONAL VIETNAM LIMITED

Active

Business ID 3600965005

84-251 / 895 1160 / 895 1161

STARITE INTERNATIONAL VIETNAM LIMITED

Active

Business ID 3600965005

84-251 / 895 1160 / 895 1161

STARITE INTERNATIONAL VIETNAM LIMITED

Active

Summary

Name:

STARITE INTERNATIONAL VIETNAM LIMITED

Business ID (TIN):

3600965005

Date of Registration:

02 Jan 2008

Registered Office:

Dong Nai Province Department of Planning and Investment

Address:

In the campus of Pou Sung Vietnam Co., Ltd., Bau Xeo Industrial Park, Doi 61 Commune, Trang Bom District, Dong Nai Province, Vietnam

Phone:

84-251 / 895 1160 / 895 1161

Financial Statement:

2020, 2021, 2022, 2023, 2024

STARITE INTERNATIONAL VIETNAM LIMITED (CÔNG TY TNHH STARITE INTERNATIONAL VIỆT NAM) is a major foreign-owned enterprise specializing in the manufacture of handbags, luggage, and related leather goods, located within the campus of Pou Sung Vietnam Co., Ltd., Bau Xeo Industrial Park, Doi 61 Commune, Trang Bom District, Dong Nai Province, Vietnam. The company operates under Business ID: 3600965005, issued by the Dong Nai Department of Planning and Investment, and has been active since January 2, 2008.

Over more than 17 years of operation, STARITE has become a key production partner for several global fashion and accessories brands, known for its technical precision, high-quality finishing, and timely export performance. The company employs approximately 4,000 workers, reflecting its large-scale industrial operations and significant contribution to local employment in southern Vietnam.

Led by Mr. Yeung S. H., a British national who serves as General Director, and supported by Ms. Vo T. P., Chief Accountant, the company maintains a reputation for excellent financial management and operational efficiency. It is a wholly foreign-owned enterprise, held 100% by Wealhcorp Enterprises Limited, registered in the British Virgin Islands, which supplies capital, technology, and market access through global distribution networks.

Financially, STARITE INTERNATIONAL VIETNAM LIMITED has maintained a strong recovery trend. In 2023, total sales reached USD 101.97 million, showing only a slight 7.4% decline after a record year in 2022, while net profit jumped to USD 5.03 million, more than tripling the previous year’s result. Total assets increased to USD 43.61 million, and equity rose 21.9% year-on-year, to USD 30.29 million. The company’s working capital of USD 20.77 million demonstrates solid liquidity and strong investment capacity.

These positive results were achieved despite challenges in the global retail and consumer goods market, reflecting STARITE’s resilience and flexibility in managing supply chains, materials, and export logistics. With its focus on continuous improvement, workforce development, and environmental compliance, the company has positioned itself as one of Vietnam’s most reliable exporters in the handbag and leather goods sector.

For enterprises seeking detailed insights—such as STARITE’s 2024 financial performance, updated risk rating, and trade credit assessment—an updated company report is available for purchase through VNBIS. This in-depth report provides essential information for risk management, credit control, and partnership evaluation in Vietnam’s manufacturing industry.

Information compiled and verified by VANGUARD BUSINESS INFORMATION LLC (VNBIS), Vietnam’s trusted provider of business intelligence, financial data, and credit risk analysis.

Legal Profile

English Name:

STARITE INTERNATIONAL VIETNAM LIMITED

Vietnamese Name:

CÔNG TY TNHH STARITE INTERNATIONAL VIỆT NAM

Short Name:

STARITE INT’L VN LTD

Business ID (TIN):

3600965005

Date of Registration:

02 Jan 2008

Registered Office:

Dong Nai Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ YEUNG S.H

+ VO T.P

Address:

In the campus of Pou Sung Vietnam Co., Ltd., Bau Xeo Industrial Park, Doi 61 Commune, Trang Bom District, Dong Nai Province, Vietnam

Phone:

84-251 / 895 1160 / 895 1161

Business Sector

Key business lines:

VSIC:

1512 Manufacture of luggage, handbags and the like, saddlery and harness

NACE:

15.12 Manufacture of luggage, handbags and the like, saddlery and harness

Industry Sales Growth

CAGR (2019 - 2023)

1.04%

YoY (2023)

-7.63%

Companies by industry

Company distribution and propportions

2,168

0.0746%

Key Industry Players

Top 10 companies in manufacture of luggage, handbags and the like, saddlery and harness industry

binhthanh import export production and trade joint stock company shilla bags international co., ltd starite international vietnam limited pungkook saigon two corporation sedo vinako co.,ltd simone accessories collection viet nam tg ltd pungkook ben tre one member company limited broadpeak soc trang company limited hanbo enc vina company limited virtue king vietnam company limited

Payment History

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Financial Performance

Assets	-28.97%
Owner’s Equity	66.72%
Working Capital	-54.03%
Net Worth	-31.05%
Sales	63.57%
Operating income	9.05%
EBIT	-0.34%
Gross Profit Margin	-1.67%
Debt to EBITDA	-80.14%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About STARITE INTERNATIONAL VIETNAM LIMITED

When did STARITE INTERNATIONAL VIETNAM LIMITED start operating?

STARITE INTERNATIONAL VIETNAM LIMITED was started in 02 Jan 2008

What industry does STARITE INTERNATIONAL VIETNAM LIMITED operate in?

STARITE INTERNATIONAL VIETNAM LIMITED is operating in "Manufacture of luggage, handbags and the like, saddlery and harness" industry

How can I contact STARITE INTERNATIONAL VIETNAM LIMITED?

STARITE INTERNATIONAL VIETNAM LIMITED phone numbers is 84-251 / 895 1160 / 895 1161

What adverse news is there about STARITE INTERNATIONAL VIETNAM LIMITED?

STARITE INTERNATIONAL VIETNAM LIMITED’s has 1 bad news

What is stock symbol of STARITE INTERNATIONAL VIETNAM LIMITED?

STARITE INTERNATIONAL VIETNAM LIMITED is not listed company

Where is the location of STARITE INTERNATIONAL VIETNAM LIMITED?

STARITE INTERNATIONAL VIETNAM LIMITED is located at In the campus of Pou Sung Vietnam Co., Ltd., Bau Xeo Industrial Park, Doi 61 Commune, Trang Bom District, Dong Nai Province, Vietnam

What is STARITE INTERNATIONAL VIETNAM LIMITED’s business registration?

STARITE INTERNATIONAL VIETNAM LIMITED business registration is 3600965005

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