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VAS GROUP NGHI SON JOINT STOCK COMPANY

Active

Business ID 2801115888

84-237 / 3613 990

VAS GROUP NGHI SON JOINT STOCK COMPANY

Active

Business ID 2801115888

84-237 / 3613 990

VAS GROUP NGHI SON JOINT STOCK COMPANY

Active

Summary

Name:

VAS GROUP NGHI SON JOINT STOCK COMPANY

Business ID (TIN):

2801115888

Date of Registration:

24 Dec 2007

Registered Office:

Thanh Hoa Province Department of Finance

Address:

Nghi Son Iron Steel Complex Area, Nghi Son Economic Zone, Thanh Hoa Province, Vietnam

Phone:

84-237 / 3613 990

Financial Statement:

2020, 2021, 2022, 2023, 2024

VAS GROUP NGHI SON JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TẬP ĐOÀN VAS NGHI SƠN) is a major player in Vietnam's iron and steel manufacturing industry, with operations centered in the Nghi Son Economic Zone, Thanh Hoa Province. Established on December 24, 2007, the company has over 17 years of experience in the production and distribution of steel products. As a privately held joint stock company, VAS GROUP NGHI SON is known for its commitment to providing high-quality iron and steel products to both domestic and international markets.

Financial Performance & Market Presence

VAS GROUP NGHI SON reported total assets of $695.68 million in 2023, reflecting a 1.5% growth from the previous year. However, revenue declined to $1.13 billion, a 11.06% drop, while the company recorded a net loss of $29.33 million, marking a 67.1% improvement from its previous year’s loss. The fluctuating financial performance suggests that the company is undergoing restructuring or market adjustments, making financial due diligence essential for potential partners.

Leadership & Operations

The company is led by Chairman and General Director Mr. Nguyen Bao Giang, alongside a dedicated management team:

Deputy General Director: Mr. Dinh Xuan Duc
Deputy General Director: Ms. Huynh Thi Quynh Thu

With approximately 700 employees, VAS GROUP NGHI SON operates in various sectors related to steel production, construction, and metal trading. The company’s core business includes:

Manufacturing iron, steel, and cast iron
Wholesale of metals and machinery
Iron ore mining
Civil engineering and construction projects
Recycling and processing scrap metal

VAS GROUP NGHI SON also maintains a strategic presence in Ho Chi Minh City, with a representative office supporting its nationwide operations.

Growth & Industry Position

As part of Vietnam’s growing steel manufacturing industry, VAS GROUP NGHI SON is strategically positioned to capitalize on infrastructure development and industrial expansion. However, its recent financial downturnunderscores the importance of assessing credit risk, financial stability, and market positioning.

For businesses looking to collaborate with VAS GROUP NGHI SON JOINT STOCK COMPANY, obtaining a detailed financial report and risk assessment from VANGUARD BUSINESS INFORMATION LLC (VBI) can provide crucial insights into its financial health and business prospects.

Legal Profile

English Name:

VAS GROUP NGHI SON JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN TẬP ĐOÀN VAS NGHI SƠN

Short Name:

TẬP ĐOÀN VAS

Business ID (TIN):

2801115888

Date of Registration:

24 Dec 2007

Registered Office:

Thanh Hoa Province Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN B.G

+ NGUYEN B.K

+ DINH X.D

+ HUYNH T.Q.T

+ LE H.T

+ TRINH T.D

+ NGUYEN T.H.T

Address:

Nghi Son Iron Steel Complex Area, Nghi Son Economic Zone, Thanh Hoa Province, Vietnam

Phone:

84-237 / 3613 990

Representative office:

4th, 9th and 10th Floors, HMC Building, No. 193, Dinh Tien Hoang Street, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2410 Manufacture of iron, steel and cast iron

NACE:

24.10 Manufacture of basic iron and steel and of ferro-alloys

NAICS:

3311 Iron and Steel Mills and Ferroalloy Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.05%

YoY (2023)

-9.69%

Companies by industry

Company distribution and propportions

1,726

0.0594%

Key Industry Players

Top 10 companies in manufacture of iron, steel and cast iron industry

viet nam steel corporation hoa sen group vas group nghi son joint stock company formosa ha tinh steel corporation smc trading investment joint stock company hoa phat group joint stock company hoa phat hai duong steel joint stock company nam kim steel joint stock company hoa phat hung yen steel limited liability company hoa phat dung quat steel joint stock company

Payment History

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Financial Performance

Assets	16.98%
Owner’s Equity	69.07%
Working Capital	-30.90%
Net Worth	-57.11%
Sales	-21.84%
Operating income	22.56%
EBIT	100.00%
Gross Profit Margin	40.05%
Debt to EBITDA	-60.12%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About VAS GROUP NGHI SON JOINT STOCK COMPANY

When did VAS GROUP NGHI SON JSC start operating?

VAS GROUP NGHI SON JSC was started in 24 Dec 2007

What industry does VAS GROUP NGHI SON JSC operate in?

VAS GROUP NGHI SON JSC is operating in "Manufacture of iron, steel and cast iron" industry

How can I contact VAS GROUP NGHI SON JSC?

VAS GROUP NGHI SON JSC phone numbers is 84-237 / 3613 990

What adverse news is there about VAS GROUP NGHI SON JSC?

VAS GROUP NGHI SON JSC’s has 1 bad news

What is stock symbol of VAS GROUP NGHI SON JSC?

VAS GROUP NGHI SON JSC is not listed company

Where is the location of VAS GROUP NGHI SON JSC?

VAS GROUP NGHI SON JSC is located at Nghi Son Iron Steel Complex Area, Nghi Son Economic Zone, Thanh Hoa Province, Vietnam

What is VAS GROUP NGHI SON JSC’s business registration?

VAS GROUP NGHI SON JSC business registration is 2801115888

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VAS GROUP NGHI SON JOINT STOCK COMPANY