THANG LONG (VINH LONG) BIOTECH COMPANY LIMITED (CÔNG TY TNHH SINH VẬT THĂNG LONG (VĨNH LONG) is a foreign-invested enterprise operating in Vietnam’s fast-growing animal feed industry, with a strong emphasis on aquaculture. The company was established on January 9, 2019, and is legally registered as a one-member limited liability company under Tax Code: 1501097185. Its headquarters is located at Lot II-7, Hoa Phu Industrial Park, Phuoc Hoa Hamlet, Hoa Phu Commune, Long Ho District, Vinh Long Province, Vietnam, an area strategically positioned near Vietnam’s Mekong Delta, a key region for fisheries and aquaculture development.
The company is 100% owned by PANASIA TRADING RESOURCES LIMITED, based in the British Virgin Islands, and is currently managed by Mr. Chuang J. C., a Taiwanese national who serves as General Director. With approximately 250 employees, THANG LONG (VINH LONG) BIOTECH COMPANY LIMITED focuses primarily on the production of high-quality feed for fish, while also holding licenses for feed production for cattle and poultry, as well as the processing of fishery products and the wholesale of agricultural raw materials.
Financially, the company experienced a powerful growth surge in 2023. It reported sales of USD 143.55 million, up 63.51% from the prior year, and achieved a net profit of USD 11.09 million, marking a 145.43% year-on-year increase. Total assets reached USD 69.31 million, and owner’s equity rose to USD 32.3 million, both reflecting strengthened financial foundations and capital reinvestment. Notably, working capital stood at USD 14.85 million, indicating strong liquidity and operational flexibility, while the company’s profit margin also improved significantly.
This rapid growth trajectory demonstrates that THANG LONG (VINH LONG) BIOTECH COMPANY LIMITED is maturing from an early-stage investment into a stable, revenue-generating enterprise. Its substantial improvement in profitability, alongside conservative asset expansion, signals a prudent financial strategy and growing competitiveness in the Vietnamese feed and agri-tech sector. However, the company’s heavy reliance on aquaculture markets may expose it to commodity cycles, environmental risks, and shifts in global seafood demand.
Given the scale of its operations and its sharp year-over-year financial swings, stakeholders seeking deeper insight into this enterprise—including suppliers, creditors, or investors—are strongly encouraged to obtain a Fresh Investigation Report from Vanguard Business Information LLC (VBI). With access to verified registration data, financial analysis, and risk signals, VBI’s tailored reports can help mitigate uncertainty and facilitate informed business decisions when engaging with THANG LONG (VINH LONG) BIOTECH COMPANY LIMITED or other firms in Vietnam’s agribusiness sector.
13.11%
10.79%
27,918
0.9628%
Assets | -47.87% |
Owner’s Equity | -85.49% |
Working Capital | 10.40% |
Net Worth | -2.91% |
Sales | 6.80% |
Operating income | -93.78% |
EBIT | -80.65% |
Gross Profit Margin | -82.94% |
Debt to EBITDA | -37.58% |
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