SYNGENTA VIETNAM LIMITED

SYNGENTA VIETNAM LIMITED (CÔNG TY TRÁCH NHIỆM HỮU HẠN SYNGENTA VIỆT NAM), tax code 3600477110, is a 100% foreign-invested enterprise and a subsidiary of Syngenta Participations AG (Switzerland), operating in Vietnam since 2000. The company specializes in the manufacture, packaging, and trading of pesticides, agrochemicals, and crop protection seeds, positioning itself as a leading player in Vietnam’s agricultural technology and input sector. Its head office is located at No. 16, Road 3A, Bien Hoa 2 Industrial Park, Long Binh Ward, Bien Hoa City, Dong Nai Province, with representative offices in Ho Chi Minh City, Hanoi, and a branch in Nam Dinh Province.

As of fiscal year 2023, SYNGENTA VIETNAM LIMITED demonstrated strong financial performance with sales of USD 172.54 million, marking a 16.94% increase over 2022. Net profit soared by 105.66% to reach USD 8.3 million, reflecting enhanced operational efficiency and possibly improved pricing or product mix. The company also maintained a healthy working capital position of USD 32.13 million, providing solid liquidity for ongoing business operations.

Total assets, however, declined slightly to USD 113.54 million, down 6.87%, though owner’s equity rose by 10.78% to USD 45.64 million, indicating retained earnings and improving shareholder value. The net worth figure matches closely with equity, at USD 45.59 million, pointing to limited external liabilities and good financial structure.

Under the leadership of General Director Mr. TRAN THANH VU, SYNGENTA VIETNAM LIMITED continues to expand its presence across the country, not only through production but also in agricultural research and development, contributing to sustainable crop management and yield improvement in Vietnam. The company employs approximately 700 staff and operates with a registered charter capital of USD 45 million.

While profitability and sales have grown impressively, the slight drop in asset base suggests either divestment or revaluation of fixed assets, which should be monitored by stakeholders. Nevertheless, the company’s capital adequacy, growth consistency, and backing by a multinational parent group present it as a financially sound and low-risk entity in the agrochemical sector.