BINH THUAN PROVINCE LOTTERY ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT TỈNH BÌNH THUẬN) is a state-owned enterprise operating in Vietnam’s legal gambling sector, which the government considers a critical revenue source for provincial development and public welfare. Established on April 8, 2009, the company is headquartered at No. 343 Vo Van Kiet Street, Phu Thuy Ward, Phan Thiet City, Binh Thuan Province, and is registered under Business ID and Tax Code 3400176331.

Structured as a one-member limited liability company, BINH THUAN PROVINCE LOTTERY ONE MEMBER COMPANY LIMITED is fully owned by the People’s Committee of Binh Thuan Province and currently led by Chairwoman cum Director Mr. Pham Nang Hiep. With only 114 employees, the company demonstrates how lean operations can still deliver strong financial results when aligned with government-backed licensing and market demand.

In 2023, the company achieved notable performance milestones. Its total sales rose to USD 206.36 million, up 15.47%year-over-year. Profit reached nearly USD 24 million, marking a 12.73% increase from 2022. Even more impressive was its asset growth of 37.61%, pushing total assets to USD 46.85 million. These figures underscore the company's growing role in fueling Binh Thuan’s budget and local development goals.

What makes BINH THUAN PROVINCE LOTTERY ONE MEMBER COMPANY LIMITED particularly significant is its participation in a broader national model, where most Vietnamese provinces operate their own lottery companies. These entities are not merely for entertainment—they are government-sanctioned tools for fundraising. Proceeds are often directed to education, healthcare, infrastructure, and social programs, especially in provinces like Binh Thuan, where public funding needs are substantial.

For businesses, contractors, or partners engaging with provincial lottery firms, understanding their financial position and legal status is critical. If you would like to verify the operational integrity, credit profile, or risk exposure of BINH THUAN PROVINCE LOTTERY ONE MEMBER COMPANY LIMITED, please contact Vanguard Business Information LLC (VBI). Our credit analysts provide professionally verified reports that help reduce uncertainty and enhance confidence when dealing with state-owned enterprises in Vietnam’s evolving public finance landscape.