TRUONG HAI DA NANG COMPANY LIMITED

Founded in 2007, Truong Hai Da Nang Company Limited is a Vietnamese enterprise engaged in the wholesale distribution of motor vehicles and related automotive products. The company operates within the commercial automotive network of THACO, one of Vietnam’s largest diversified industrial groups. Its operations cover vehicle supply, customer support, and commercial distribution activities throughout the Da Nang market and the broader central region.

Truong Hai Da Nang employs a workforce that supports sales operations, customer service, after sales support, and local administrative functions essential to the group’s automotive distribution framework. The company’s business model is closely aligned with THACO’s strategy of expanding regional distribution coverage and improving accessibility of passenger and commercial vehicles across Vietnam.

A notable strength of the company is its strategic location within the Son Tra District of Da Nang, an area with strong economic growth, rising vehicle ownership, and increasing commercial transport demand.

Leadership and Shareholders

The company is chaired by Nguyen T. M., who holds executive responsibility for strategic direction, commercial operations, and overall governance. Her leadership supports coordination with THACO’s automotive supply chain, sales policies, and service standards.

Truong Hai Da Nang is wholly owned by THACO Auto Limited Liability Company, which holds 100 percent of equity and provides the operational backbone for distribution activities. Charter capital and paid up capital are fully registered at USD 369,747, reflecting a lean capital structure consistent with distribution focused enterprises.

Financial Growth and Market Risks

In 2023, Truong Hai Da Nang achieved revenue of approximately USD 80.27 million, marking more than forty three percent year over year growth. Total assets increased by forty six percent while equity rose nearly twelve percent. Profit declined sharply due to higher operating expenses and tightened margins in the automotive distribution sector.

The company operates within a market influenced by consumer purchasing power, credit access, import policies, and competition among domestic and international vehicle brands. Fluctuations in interest rates, vehicle financing availability, and inventory holding costs also have direct effects on sales performance. A full analysis of liquidity, profitability, and long term credit exposure is available in the VNBIS Company Comprehensive Report, offering deeper insights for lenders, suppliers, and commercial partners.

Business Intelligence and Risk Outlook

Truong Hai Da Nang benefits from being part of the THACO automotive ecosystem, which provides strong brand presence, diversified product offerings, and established distribution infrastructure. Da Nang’s expanding population, rising income levels, and growing logistics sector support sustained demand for both passenger and commercial vehicles.

Short term performance will depend on market stability, consumer financing conditions, and competition within the automotive sector. Over the long term, the company is positioned to benefit from continued economic growth in central Vietnam, increased adoption of commercial vehicles, and THACO’s ongoing investment in distribution networks and service capabilities.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Truong Hai Da Nang Company Limited and its financial and operational standing.

VNBIS services include:

• Company Credit Reports evaluating solvency, liquidity, and financial health
• Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
• Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.