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THANG LONG TOBACCO COMPANY LIMITED

Active

Business ID 0100100054

THANG LONG TOBACCO COMPANY LIMITED

Active

Business ID 0100100054

THANG LONG TOBACCO COMPANY LIMITED

Active

Summary

Name:

THANG LONG TOBACCO COMPANY LIMITED

Business ID (TIN):

0100100054

Date of Registration:

06 Jan 2006

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

No. 235, Nguyen Trai Street, Thuong Dinh Ward, Thanh Xuan District, Ha Noi City, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

THANG LONG TOBACCO COMPANY LIMITED, a state-invested enterprise registered under Business ID 0100100054, remains one of Vietnam’s leading manufacturers of tobacco products. Officially founded in January 2006 through restructuring, but with operational roots tracing back to much earlier decades, the company today is based at No. 235 Nguyen Trai Street, Thanh Xuan District, Hanoi. It is a wholly owned subsidiary of the Vietnam National Tobacco Corporation (VINATABA), affirming its strategic position within the state-owned business sector. With a paid-up charter capital of USD 86.35 million, the company commands a significant presence both in the North and the South of Vietnam, supported by 1,630 employees across its Hanoi headquarters and Ho Chi Minh City branch.

According to the recent Company Report compiled by Vanguard Business Information LLC (VBI), THANG LONG TOBACCO COMPANY LIMITED posted robust financial figures in 2023. The company’s total assets rose to USD 315.29 million, a healthy 12.48% increase over the previous year. Revenue grew impressively by 16.48%, reaching USD 359.43 million, while profits also climbed by 13.78%, totaling USD 7.58 million. Despite its profitability, the owner's equity has remained stagnant at USD 86.35 million over the past three years, suggesting a conservative capital policy. Nevertheless, strong working capital of USD 33.92 million indicates a sound short-term financial position, a critical factor for Risk Management and partner evaluations. The company's financial stability, verified through VBI’s accurate Financial Data and Business Verification Service, makes it a noteworthy but complex player in the Vietnamese manufacturing landscape.

Beyond its current numbers, THANG LONG TOBACCO COMPANY LIMITED carries with it a colorful legacy from Vietnam’s centralized economy period, especially during the 1960s-1980s under the umbrella of CAOXALA — a conglomerate managing rubber (Cao su), soap (Xà phòng), and tobacco (Thuốc lá) industries in Hanoi. In those years, the tobacco sector was notoriously rife with both rigid bureaucratic procedures and numerous “funny stories” that became folklore among workers and local residents. Production inefficiencies, humorous internal competitions over cigarette quotas, and creative ways to 'comply' with centralized plans often defined the daily life of factories like this one. The spirit of improvisation and resilience from that era still echoes subtly through the culture of today’s company, despite modern corporate governance replacing much of the old style.

Today, led by Chairman Mr. Nguyen Quang Huy and Director Mr. Nguyen Huu Kien, with Ms. Vu Lan Huong as Deputy Director, THANG LONG TOBACCO COMPANY LIMITED blends state tradition with the demands of a more market-driven economy. However, its core product line—tobacco—remains inherently controversial, carrying health risks that no modern business image can completely obscure. Investors, business partners, and market analysts are advised to approach engagements with a nuanced understanding of both the company’s impressive revenue streams and the ethical considerations attached to its core business, a balance that thorough Risk Management assessments must address.

Accessing a detailed Company Report from trusted sources such as Vanguard Business Information LLC (VBI) offers invaluable insights into firms like THANG LONG TOBACCO COMPANY LIMITED, allowing for a fully informed evaluation of both financial opportunity and reputational risk in today's complex business environment.

Legal Profile

English Name:

THANG LONG TOBACCO COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH MỘT THÀNH VIÊN THUỐC LÁ THĂNG LONG

Short Name:

CÔNG TY THUỐC LÁ THĂNG LONG

Business ID (TIN):

0100100054

Date of Registration:

06 Jan 2006

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN Q.H

+ NGUYEN H.K

+ VU L.H

+ DO N.Q

+ DO D.A

+ DAO V.T

Address:

No. 235, Nguyen Trai Street, Thuong Dinh Ward, Thanh Xuan District, Ha Noi City, Vietnam

Branch:

No. 10, Dong Ho Street, Ho Chi Minh City, Vietnam

Transaction office:

Km18, Thang Long Boulevard, Lot CN01, Thach That Industrial Park, Quoc Oai Town, Quoc Oai District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

1200 Manufacture of tobacco products

NACE:

12.00 Manufacture of tobacco products

NAICS:

31223 Tobacco Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

-1.57%

YoY (2023)

7.01%

Companies by industry

Company distribution and propportions

0.0027%

Key Industry Players

Top 10 companies in manufacture of tobacco products industry

ngan son joint stock company thang long tobacco company limited vietnam national tobacco corporation thanh hoa tobacco company limited khanh viet corporation limited saigon industry corporation british american tobacco - vinataba (jv) bentre tobacco company limited cuu long tobacco company limited vina-bat joint venture company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	47.56%
Owner’s Equity	0.12%
Working Capital	43.88%
Net Worth	-16.13%
Sales	-43.92%
Operating income	82.53%
EBIT	20.62%
Gross Profit Margin	-50.94%
Debt to EBITDA	43.16%

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Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About THANG LONG TOBACCO COMPANY LIMITED

When did THANG LONG TOBACCO COMPANY LIMITED start operating?

THANG LONG TOBACCO COMPANY LIMITED was started in 06 Jan 2006

What industry does THANG LONG TOBACCO COMPANY LIMITED operate in?

THANG LONG TOBACCO COMPANY LIMITED is operating in "Manufacture of tobacco products" industry

How can I contact THANG LONG TOBACCO COMPANY LIMITED?

THANG LONG TOBACCO COMPANY LIMITED don't share phone numbers information

What adverse news is there about THANG LONG TOBACCO COMPANY LIMITED?

THANG LONG TOBACCO COMPANY LIMITED’s has 24 bad news

What is stock symbol of THANG LONG TOBACCO COMPANY LIMITED?

THANG LONG TOBACCO COMPANY LIMITED is not listed company

Where is the location of THANG LONG TOBACCO COMPANY LIMITED?

THANG LONG TOBACCO COMPANY LIMITED is located at No. 235, Nguyen Trai Street, Thuong Dinh Ward, Thanh Xuan District, Ha Noi City, Vietnam

What is THANG LONG TOBACCO COMPANY LIMITED’s business registration?

THANG LONG TOBACCO COMPANY LIMITED business registration is 0100100054

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