TAY NINH LOTTERY ONE MEMBER LIMITED LIABILITY COMPANY

TAY NINH LOTTERY ONE MEMBER LIMITED LIABILITY COMPANY (Vietnamese: CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT TÂY NINH) stands as a reliable and profitable state-owned enterprise in Vietnam’s regulated lottery market. Established on July 6, 2005, the company is wholly owned by the People's Committee of Tay Ninh Province, operating under the business ID and tax code 3900244438. Its head office is located at No. 315A Tran Hung Dao, Quarter 1, Ward 1, Tay Ninh City, Tay Ninh Province, Vietnam, with an active branch in Ho Chi Minh City.

Operating as a one-member limited liability company with a charter capital of USD 20.08 million, the company employs approximately 120 staff members. It is currently led by Mr. Nguyen Huu Tai (Chairman), with Mr. Nguyen Thanh Phong (Director) and Ms. Nguyen Thanh Loan (Deputy Director) supporting executive functions.

In 2023, Tay Ninh Lottery demonstrated strong financial performance. Its total assets reached USD 48.58 million, marking a 4.93% increase year-over-year. The company’s sales revenue climbed to USD 207.32 million, reflecting a solid 10.47% growth, while net profit soared to USD 28.12 million, an 18.17% increase over the prior year. Its working capital stood at USD 30.54 million, with total equity of USD 31.52 million, confirming a stable and upward financial trajectory.

Tay Ninh Lottery’s primary focus is on government-authorized lottery operations. It also registers ancillary activities such as printing services and property trading. With a rising trend in both revenue and profit, this company continues to be a vital contributor to local fiscal revenue and public service funding in Tay Ninh Province.

Given its state-owned status and involvement in high-cash-flow sectors, Vanguard Business Information LLC (VBI)recommends careful financial risk monitoring for counterparties engaging with such entities. VBI offers tailored due diligence and business verification services that help assess compliance, creditworthiness, and operational transparency—critical for mitigating risks in partnerships or investments involving state-run enterprises like Tay Ninh Lottery.