LONG THANH TRANSPORT CONSTRUCTION JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XÂY DỰNG GIAO THÔNG LONG THÀNH) is a well-established construction company specializing in civil engineering and transport infrastructure projects. Established on April 1, 2004, the company has been active for over 20 years, contributing to Vietnam’s road, bridge, and urban development projects. With its headquarters in Quoc Oai District, Ha Noi City, the company is strategically positioned to support the country's growing infrastructure demands.
Legal Status and Business Registration
LONG THANH TRANSPORT CONSTRUCTION JOINT STOCK COMPANY is registered as a joint stock companyunder Business ID 0500447237 with the Ha Noi Department of Planning and Investment. Its Tax Identification Number (TIN) 0500447237 ensures transparency in taxation and compliance with regulatory requirements. The company operates with a charter capital of USD 6.16 million, fully paid up as of 2023.
Leadership and Workforce
The company is managed by Director DUONG HOANG VIET, who oversees a team of 160 employees, focusing on large-scale civil engineering projects. The key shareholders include:
- LY DINH THANH – 25.84% ownership
- LY DINH TUONG – 22.47% ownership
These stakeholders bring extensive experience in transport infrastructure development, ensuring the company’s long-term growth and project execution capabilities.
Industry Impact and Business Activities
Vietnam’s infrastructure sector is one of the fastest-growing industries, driven by government investments, urban expansion, and foreign direct investment. LONG THANH TRANSPORT CONSTRUCTION JOINT STOCK COMPANY plays a vital role in:
- Construction of roads, bridges, and urban infrastructure
- Execution of public and private civil engineering projects
- Supporting the country’s long-term transport and logistics expansion
With the Vietnamese government prioritizing transport infrastructure, companies like LONG THANH TRANSPORT CONSTRUCTION JOINT STOCK COMPANY are crucial in meeting these demands.
Financial Strength and Market Position
Despite industry challenges, the company has maintained financial stability and steady growth. In 2023, it reported:
- Total assets of USD 40.03 million, showing consistent expansion
- Equity increasing by 25.63%, reaching USD 6.21 million
- Profit rising by 19.41%, reflecting operational efficiency
This positive financial trajectory highlights the company’s ability to sustain growth while navigating economic fluctuations.
The Role of VBI in Business Risk Management
Infrastructure projects require significant financial investment, regulatory compliance, and project execution capabilities. Before engaging with LONG THANH TRANSPORT CONSTRUCTION JOINT STOCK COMPANY, businesses and investors must verify financial stability, risk factors, and legal status.
VANGUARD BUSINESS INFORMATION LLC (VBI) specializes in business verification and financial risk assessment, offering:
- Legal status confirmation and tax compliance checks
- Financial data analysis, including revenue and equity trends
- Risk evaluation for contractors and infrastructure projects
- Market positioning and competitor benchmarking
With VBI’s in-depth company reports, businesses can assess credibility, mitigate risks, and make strategic investment decisions when working with LONG THANH TRANSPORT CONSTRUCTION JOINT STOCK COMPANY and other Vietnamese infrastructure firms.