THYE MING (VIETNAM) INDUSTRIAL CO., LTD

THYE MING (VIETNAM) INDUSTRIAL CO., LTD (CÔNG TY TNHH THYE MING (VIỆT NAM)), commonly referred to as THYE MING VIETNAM, is a foreign invested manufacturing company operating in Vietnam non ferrous metals industry, with a core focus on the manufacture of precious and non ferrous metals, particularly lead metal. The company is registered under Business ID 3700772208 and is headquartered at My Phuoc 2 Industrial Park, Ben Cat City, Binh Duong Province, one of Vietnam most important industrial manufacturing hubs supporting metal processing, electronics, automotive, and export oriented industries. The company was established on 19 December 2006and has nearly nineteen years of continuous operation, reflecting long term commitment to Vietnam industrial economy 

Legal Structure, Ownership, and Management Profile

Thye Ming Vietnam operates as a limited liability company with foreign direct investment status. The company charter capital is reported at USD 20.95 million, with paid up capital of USD 20.52 million as of 31 December 2023, indicating a fully funded and stable equity base. The company employs 130 people, confirming an industrial scale operation rather than a trading or representative office setup 

The company is wholly owned by TAIMING CORP, a Taiwanese entity holding 100 percent ownership. Executive management is led by General Director Chen C. H., a Taiwanese national. This ownership and leadership structure is typical of Taiwan invested manufacturing firms operating in Vietnam, where parent companies retain operational control while leveraging Vietnam industrial infrastructure and workforce.

What the Company Does in the Non Ferrous Metals Value Chain

The core business of THYE MING (VIETNAM) INDUSTRIAL CO., LTD is the manufacture of precious and non ferrous metals, with specialization in lead metal manufacturing and materials recovery. These activities position the company within the upstream and midstream segments of the metal supply chain, supplying processed materials to industrial users rather than final consumers 

Financial Scale and What It Signals

In fiscal year 2023, Thye Ming Vietnam reported total sales of USD 71.03 million, total assets of USD 57.13 million, and owner’s equity of USD 55.66 million. The company generated a profit of USD 3.46 million, representing a significant recovery compared to the previous year. Working capital stood at USD 52.29 million, indicating strong liquidity relative to operational scale 

Vietnam and Southeast Asia Non Ferrous Metals Industry Context

Vietnam has become a key destination for non ferrous metal manufacturing in Southeast Asia, supported by industrial parks, export logistics, and integration into regional manufacturing networks. Demand for processed metals is closely linked to growth in electronics, automotive components, renewable energy systems, and industrial production across the region.

FDI manufacturers such as Thye Ming Vietnam play an important role in transferring production know how, maintaining supply continuity, and supporting Vietnam position in regional industrial supply chains. While the sector is cyclical, companies with strong capital bases and long operating histories tend to demonstrate greater resilience during market downturns.

Why THYE MING (VIETNAM) INDUSTRIAL CO., LTD Matters

THYE MING (VIETNAM) INDUSTRIAL CO., LTD is not a consumer facing brand, but it is a strategically relevant industrial supplier within Vietnam non ferrous metals ecosystem. Its long operating history, foreign ownership, and stable financial profile make it a representative example of how Vietnam attracts and retains industrial manufacturing investment.

For investors, lenders, suppliers, and risk analysts assessing FDI manufacturing companies in Vietnam, Thye Ming Vietnam provides insight into industrial scale operations, capital discipline, and supply chain positioning in the non ferrous metals sector.

VNBIS Insight and How to Access the Full Report

This overview is designed to educate readers about THYE MING (VIETNAM) INDUSTRIAL CO., LTD, Vietnam non ferrous metals industry, and Southeast Asia industrial demand trends, while intentionally leaving out deeper layers such as customer concentration, export market exposure, environmental compliance costs, and detailed cash flow structure.

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