TECH DATA ADVANCED SOLUTIONS (VIETNAM) COMPANY LIMITED

TECH DATA ADVANCED SOLUTIONS (VIETNAM) COMPANY LIMITED (CÔNG TY TNHH TECH DATA ADVANCED SOLUTIONS VIỆT NAM) is a major foreign-invested distributor in Vietnam’s fast-growing technology supply chain, operating under Business ID 0309498944 and headquartered at Tuổi Trẻ Tower, 60A Hoàng Văn Thụ Street, Ward 9, Phú Nhuận District, Ho Chi Minh City. Established in 2011, the company is fully owned by TECH DATA (SINGAPORE) PTE. LTD., part of one of the world’s largest IT distributors. With more than 100 employees and nationwide offices including a second branch in Hanoi, the company plays a central role in supplying computers, software, servers, cloud solutions, and advanced IT infrastructure to Vietnam’s enterprises.

Strong Sales Growth but Weak Equity Position

While TECH DATA ADVANCED SOLUTIONS (VIETNAM) CO., LTD has consistently expanded its commercial activities, the company’s capital structure shows notable imbalance. In 2024, total revenue reached USD 123.82 million, marking a solid twenty-five percent increase from 2023. Profit also grew dramatically to USD 1.32 million, supported by stronger demand for IT hardware and digitization across industries.

However, despite rising sales and improved profitability, the company continues to carry negative equity of USD -864,662, although this deficit has narrowed compared to previous years. Total assets increased sharply to USD 35.45 million, but working capital remained negative at USD -1.06 million, reflecting short-term pressure and a possible dependence on supplier credit. For a global-brand distributor handling high-value technology products, continued negative equity is a risk factor that business partners should carefully monitor.

Business Model and Market Position

The company specializes in wholesale distribution of computers, peripherals, software, and IT infrastructure, supporting major brands in Vietnam’s enterprise technology ecosystem. Its registered activities also include programming, data hosting, and various IT services, allowing it to participate in broader digital-transformation projects.

Leadership is headed by General Director Do T. H. T., supported by Managing Director Pham A. D. and Chief Accountant Ly P. D., forming a management structure that blends local experience with strict internal-control requirements typically expected from multinational technology groups.

Credit Risk and Need for Updated Assessment

Although profit improved strongly in 2024, the combination of negative equity, negative working capital, and significant year-to-year fluctuations indicates the need for continued monitoring. Companies engaging in high-ticket IT transactions often rely on distributor financing and supplier credit, making liquidity management a crucial factor in ensuring stable deliveries and payment reliability.

Given the rapid growth of Vietnam’s digital economy, TECH DATA ADVANCED SOLUTIONS (VIETNAM) CO., LTD remains an important player. However, suppliers and service partners should rely on updated financials, credit-risk evaluations, and operational insight before offering long-term terms or high-volume credit exposure.

A full and updated report from VNBIS provides deeper analysis, including 2024 data, risk indicators, litigation screening, and recommended credit limits — essential information for businesses seeking reliable partnerships in Vietnam’s competitive technology distribution market.