OCEAN TRANSPORT COMPANY LIMITED

DAI DUONG TRANSPORT COMPANY LIMITED (CÔNG TY TNHH VẬN TẢI ĐẠI DƯƠNG) is a privately held limited liability company that has recently made significant headlines for its extraordinary growth figures—yet these figures also raise questions that warrant deeper scrutiny. Established on 14 September 2006 under Business ID 0900258562, the company is based in Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam, and has been in operation for over 18 years.

Despite being modest in scale, with only 10 employees and a charter capital of approximately USD 1.19 million, the company’s financial performance in 2023 tells a bold story. Total assets jumped to USD 27.26 million, a 345.7% increase from the prior year, while sales exploded by 449.47%, reaching USD 132.49 million. However, this rapid revenue expansion was accompanied by a concerning loss of USD 167,242, and owner’s equity fell by 15.73% to USD 895,708, signaling that profitability has not kept pace with top-line growth.

Directed by Mr. Tran D. T., the company operates in a wide range of industries, with its core activity being the manufacture of structural metal products. However, it is also registered for mining (coal, peat, and lignite), coke manufacturing, waterway and road freight transport, and even shipbuilding—an unusually broad business scope for such a small company. The ownership is concentrated, with Ms. Le T. T. holding 80% and Mr. Tran D. T. holding 20% of the equity.

The mismatch between booming revenue, minimal staffing, and sustained net losses suggests potential operational or financial risk. For partners, suppliers, and investors, this makes DAI DUONG TRANSPORT COMPANY LIMITED a high-priority candidate for comprehensive verification.

Vanguard Business Information LLC (VBI) offers trusted business verification and risk management services, ideal for assessing companies showing unusual growth or inconsistencies. In this case, VBI’s reports can help clients uncover the underlying factors behind the company’s expansion, identify any financial red flags, and evaluate whether such explosive revenue is backed by stable operations or simply a temporary surge.

In short, DAI DUONG’s rapid rise draws attention—but only rigorous due diligence can confirm whether it signals long-term opportunity or short-term volatility.