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TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

Active

Business ID 1400683063

84-277 / 3837 259

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

Active

Business ID 1400683063

84-277 / 3837 259

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

Active

Summary

Name:

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

Business ID (TIN):

1400683063

Date of Registration:

20 Nov 2008

Registered Office:

Dong Thap Province Department of Finance

Address:

Tran Phu Street, An Loc Hamlet, Dong Thap Province, Vietnam

Phone:

84-277 / 3837 259

Financial Statement:

2020, 2021, 2022, 2023, 2024

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI-DỊCH VỤ-XUẤT NHẬP KHẨU TƯỜNG NGUYÊN): Regional Heavyweight with Signs of Slowing Profitability

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI-DỊCH VỤ-XUẤT NHẬP KHẨU TƯỜNG NGUYÊN), commonly known as CTY TNHH TM-DV-XNK TƯỜNG NGUYÊN, has emerged as a major force in Vietnam’s southern wholesale fertilizer and commodity trade. With over USD 271 million in annual revenue and assets surpassing USD 110 million, the company plays a critical role in the logistics and agricultural input chain in the Mekong Delta region.

Officially registered with Business ID and Tax Code 1400683063, TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED was established on November 20, 2008, and has remained active for over 16 years. The company’s head office is located at No. 318, Hung Vuong Street, Hong Ngu City, Dong Thap Province, a strategic position for cross-border and river-based transport near Cambodia.

Financial Overview: Big Numbers, Smaller Margins

In 2023, the company reported USD 271.09 million in revenue, which marks an 18.07% decrease from 2022. Although sales remain strong, the most alarming figure is the sharp drop in net profit—down 92.79% year-over-year to just USD 260,958, despite steady equity growth.

This raises critical questions about the company’s cost controls, operational efficiency, and possibly tightening margins across the fertilizer and agricultural trade segments.

That said, owner’s equity continues to increase, reaching USD 24.46 million, and net worth stands at USD 24.29 million, indicating that the company is not over-leveraged. Its working capital of USD 21.59 million confirms the business retains liquidity to operate comfortably in the short term.

Corporate Structure and Leadership

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED is a privately held limited liability company. The Chairman, Mr. Pham Tan Tung, holds 36% of shares, while Ms. Le Thi Hoa, who also serves as Director, owns the majority 64%. The company employs 150 staff and operates with a fully paid-up charter capital of USD 20.54 million—a figure aligned with its operating scale.

Broad Industry Footprint

While the firm’s core business revolves around fertilizer trading, its registered operations also include post-harvest processing, construction, property trading, freight transport, and even mining of chemical and fertilizer minerals. This diversified registration may allow the company to pivot quickly based on commodity price trends and regulatory environments, but it can also blur strategic focus.

Verify Before You Partner: Business Due Diligence Is Critical

Given the recent decline in profit despite high revenue and asset figures, potential partners should conduct comprehensive due diligence. VANGUARD BUSINESS INFORMATION LLC (VBI) offers powerful tools to mitigate risk and ensure informed decision-making:

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⚖️ Company Litigation Checks: Investigate any past or pending legal disputes involving the company.
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Final Thoughts

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED is clearly a market giant in terms of scale, revenue, and reach in Vietnam's agro-industrial network. However, the dramatic decline in profitability during 2023 should prompt close scrutiny from suppliers, customers, and financial institutions. In high-volume sectors like fertilizers, profits are often razor-thin—and a small misstep in operations or pricing can have a major impact.

Before engaging in any partnership or credit-based transaction, ensure you’re equipped with reliable information. VBI offers the data backbone businesses need to make safe, strategic decisions in the Vietnamese market.

Legal Profile

English Name:

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH THƯƠNG MẠI-DỊCH VỤ- XUẤT NHẬP KHẨU TƯỜNG NGUYÊN

Short Name:

CTY TNHH TM-DV-XNK TƯỜNG NGUYÊN

Business ID (TIN):

1400683063

Date of Registration:

20 Nov 2008

Registered Office:

Dong Thap Province Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHAM T.T

+ LE T.H

+ LE P.P

+ PHAM L.T.V

+ LE P.P

+ PHAM L.T.V

+ VO T.N

Address:

Tran Phu Street, An Loc Hamlet, Dong Thap Province, Vietnam

Phone:

84-277 / 3837 259

Business Sector

Key business lines:

VSIC:

4631 Wholesale of rice, wheat, other cereals and wheat flour

Industry Sales Growth

CAGR (2019 - 2023)

12.74%

YoY (2023)

16.12%

Companies by industry

Company distribution and propportions

4,010

0.1379%

Key Industry Players

Top 10 companies in wholesale of rice, wheat, other cereals and wheat flour industry

vietnam southern food corporation - joint stock company vietnam northern food corporation ltd kien giang import & export joint stock company thuan minh import export corporation nhat thanh import export joint stock company vi dan rice joint stock company hung phuoc food joint stock company an điền agricultural joint stock company mekong food corp bao lam agriculture joint stock company

Payment History

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Financial Performance

Assets	-52.49%
Owner’s Equity	-90.72%
Working Capital	-51.82%
Net Worth	-86.58%
Sales	78.81%
Operating income	-37.90%
EBIT	7.43%
Gross Profit Margin	-70.53%
Debt to EBITDA	70.15%

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Specific Questions About TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

When did TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED start operating?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED was started in 20 Nov 2008

What industry does TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED operate in?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED is operating in "Wholesale of rice, wheat, other cereals and wheat flour" industry

How can I contact TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED phone numbers is 84-277 / 3837 259

What adverse news is there about TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED’s has 1 bad news

What is stock symbol of TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED is not listed company

Where is the location of TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED is located at Tran Phu Street, An Loc Hamlet, Dong Thap Province, Vietnam

What is TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED’s business registration?

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED business registration is 1400683063

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TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED

TUONG NGUYEN IMPORT EXPORT TRADING SERVICE COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI-DỊCH VỤ-XUẤT NHẬP KHẨU TƯỜNG NGUYÊN): Regional Heavyweight with Signs of Slowing Profitability