TRAN BIEN VN PRODUCTION TRADING JOINT STOCK COMPANY.

TRAN BIEN VN PRODUCTION TRADING JOINT STOCK COMPANY (Business ID: 3603548105), based at No. 645, Ha Noi Highway, Quarter 2, Long Binh Ward, Bien Hoa City, Dong Nai Province, Vietnam, is a rising enterprise in Vietnam’s vibrant metal wholesale and processing sector. Registered in 2018 and still privately held, the company has demonstrated significant growth in total assets, albeit alongside weakening profit margins. This dual narrative demands careful attention from investors and credit partners alike.

By the end of 2023, Tran Bien VN JSC reached a revenue of USD 187.34 million, an increase of just 1.04% year-over-year, indicating relative sales plateauing. What stands out, however, is the company’s total assets more than doubling in 2023 to USD 115.52 million, a 125.49% growth, suggesting aggressive capital expansion or asset acquisition.

However, despite this asset growth, the bottom line paints a less optimistic picture. Net profit decreased sharply by 22.55%, settling at just USD 41,488. This means the company is operating on extremely thin margins, with significant pressure on cost controls, operational efficiency, or pricing strategies within the highly competitive steel and metal trading industry. Equity levels remained flat at USD 12.74 million, with working capital also at that level, raising questions about liquidity flexibility under market stress.

Owned primarily by Ms. NGUYEN YEN VY (50%), Ms. HOANG THI TUYET (40%), and General Director Ms. THACH THI THUY TIEN (10%), the company demonstrates a tightly held leadership structure. Ms. THACH also serves as the key executive, and her role as both shareholder and director consolidates operational influence but introduces corporate governance risks typical of owner-led firms.

Tran Bien VN’s business scope is extensive, ranging from the wholesale of iron, steel, and stainless steel to casting, metal fabrication, and logistics. This level of diversification may reduce risk from price shocks in specific products, but it also requires complex management systems and quality controls, which are often challenging to maintain in high-growth environments.

For financial institutions, exporters, and procurement partners, VANGUARD BUSINESS INFORMATION LLC (VBI)recommends a comprehensive risk review and financial trend monitoring. The firm’s limited profitability, despite ballooning asset size, is a red flag for any long-term credit or supply arrangement. VBI’s Company Reports, Due Diligence Packages, and Sectoral Benchmarks help provide critical context on market peers and operational risk exposure.

TRAN BIEN VN PRODUCTION TRADING JSC holds strategic potential in Vietnam’s metals supply chain, but current signals point to a business in need of tighter margin control and more robust governance as it scales. In a volatile global metals market, growth must be matched with sustainable profitability—and that’s where risk intelligence becomes indispensable.