THAI DUONG CIVIL CONSTRUCTION LIMITED LIABILITY COMPANY

Founded in 2017, Thai Duong Civil Construction Limited Liability Company is a private contractor operating within Vietnam’s residential construction sector. The company focuses on civil construction works, housing development projects, and related general contracting services, with a particular concentration on small and medium scale residential infrastructure in Da Nang and surrounding regions. Over seven years of operation, Thai Duong has established itself as a project based contractor with growing financial capacity and expanding operational commitments.

The company maintains a lean internal structure with 22 employees, supported by subcontractors and project based labor arrangements typical of Vietnam’s construction industry. Its strategic base in Da Nang allows access to a rapidly developing urban market with strong demand for housing and civil infrastructure.

Leadership and Shareholders

Thai Duong Civil Construction Limited Liability Company is led by Hoang V. T., President, who directs overall corporate strategy, project acquisition, and operational oversight. His responsibilities include contract negotiation, project management, and financial governance of the company’s construction activities.

The ownership structure is highly concentrated, with Hoang V. T. holding 95 percent of charter capital. Nguyen L. X. V. owns the remaining 5 percent. As of December 2023, the company reported charter capital of USD 16.43 million and paid up capital of USD 12.32 million, indicating a strong personal capital commitment from the principal shareholder.

Financial Growth and Market Risks

In 2023, Thai Duong Civil Construction Limited Liability Company generated revenue of approximately USD 81.69 million, supported by accelerated construction activity and increased project volume. Total assets grew significantly compared with the previous year and equity nearly doubled, reflecting substantial reinvestment in ongoing works and long term project commitments. Profit recorded a slight decline from 2022 due to higher materials costs, rising labor expenses, and tight margins inherent in residential construction contracting.

The company operates in a sector influenced by fluctuations in cement and steel prices, changes in real estate demand, financing constraints among property developers, and regulatory shifts affecting construction permits and land development. Project based contractors also face risks related to receivable cycles and payment delays. A full assessment of liquidity, capital structure, contractor exposure, project concentration, and cash flow sustainability is available in the complete VNBIS Company Comprehensive Report, providing investors and business partners with deeper financial and operational insight.

Business Intelligence and Risk Outlook

Thai Duong Civil Construction Limited Liability Company benefits from operating in Da Nang, one of Vietnam’s most dynamic urban centers with sustained demand for residential and civil construction. Its focused business model, concentrated ownership, and strong year over year asset growth support the company’s capacity to undertake larger projects and maintain competitiveness in a fragmented contracting landscape.

In the near term, performance will depend on its ability to manage input costs, maintain project timelines, and preserve stable relationships with developers and subcontractors. Over the long term, continued growth in Da Nang’s urban development and infrastructure expansion provides a favorable environment for contractors with established networks and financial stability. Thai Duong’s capital structure and project portfolio position the company to benefit from these trends, provided it continues to reinforce cost control and operational discipline.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Thai Duong Civil Construction Limited Liability Company’s financial and operational standing.

VNBIS services include:

• Company Credit Reports evaluating solvency, liquidity, and financial health
• Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
• Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.