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VICEM HA TIEN CEMENT JOINT STOCK COMPANY

Active

Business ID 0301446422

84-28 / 3836 8363

VICEM HA TIEN CEMENT JOINT STOCK COMPANY

Active

Business ID 0301446422

84-28 / 3836 8363

VICEM HA TIEN CEMENT JOINT STOCK COMPANY

Active

Summary

Name:

VICEM HA TIEN CEMENT JOINT STOCK COMPANY

Business ID (TIN):

0301446422

Date of Registration:

18 Jan 2007

Registered Office:

Ho Chi Minh City Department of Finance

Ticker:

HT1

Address:

No. 604, Vo Van Kiet Street, Cau Ong Lanh Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3836 8363

Financial Statement:

2020, 2021, 2022, 2023, 2024

VICEM HA TIEN CEMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XI MĂNG VICEM HÀ TIÊN), business registration number 0301446422, is one of Vietnam’s largest and most enduring cement manufacturers. With more than 18 years of operation since its registration in 2007, the company is a key subsidiary of the Vietnam National Cement Corporation (VICEM), which holds a commanding 79.69% ownership stake. As a state-invested enterprise, VICEM Ha Tien plays a pivotal role in supplying cement and construction materials for national infrastructure and industrial development.

Headquartered in District 1, Ho Chi Minh City, and employing over 2,400 workers, the company operates a network of branches, plants, and transport units across southern Vietnam. Its primary business activities include the production and distribution of cement, clinker, concrete, mortar, and other materials essential for both public and private construction sectors. It also participates in infrastructure development through Build-Operate-Transfer (BOT) contracts and maintains capabilities in waste treatment and industrial machinery installation.

In 2024, VICEM HA TIEN CEMENT reported total sales of USD 282.83 million, a modest decline of 2.34% year-over-year, following a sharp 20.96% drop in 2023. Total assets stood at USD 337.8 million, while owner’s equity slightly rebounded to USD 200.49 million, up 0.98% from the previous year. Importantly, the company’s net profit improved significantly to USD 2.68 million, a 262.81% jump from the previous year’s minimal gains—signaling a potential recovery phase after a prolonged period of margin erosion.

Despite this rebound, the company continues to grapple with critical structural issues. Most notably, working capital remains deeply negative at USD -58.22 million, raising concerns about its short-term liquidity and financial resilience. This indicator, coupled with consecutive years of declining sales and asset contraction, suggests that VICEM HA TIEN is under pressure from overcapacity in Vietnam’s cement industry, rising energy costs, and intensified price competition.

Amid this uncertainty, stakeholders—from suppliers to investors—require accurate, independent analysis to assess operational viability and financial exposure. This is where VANGUARD BUSINESS INFORMATION LLC (VBI)offers exceptional value. As a leader in company verification, credit profiling, and corporate risk assessment, VBI delivers in-depth insights into enterprises like VICEM HA TIEN. From shareholder scrutiny and management structure to liquidity indicators and profit volatility, VBI's reports empower users to make well-informed decisions in high-capital, state-dominated industries.

VICEM HA TIEN CEMENT JOINT STOCK COMPANY, listed on HOSE under the stock code HT1, continues to be a dominant name in Vietnam’s cement market. Its state backing, large-scale production assets, and long-standing industry footprint remain core strengths. However, to secure sustainable growth, the company must aggressively address its liquidity challenges, expand export markets, and modernize production to remain competitive in an evolving construction economy.

For industry observers, competitors, and commercial partners, the story of VICEM HA TIEN is not just about cement—it’s a case study in how traditional industrial giants must adapt or risk decline. Thanks to firms like VBI, that story is being told with clarity, precision, and credibility.

Legal Profile

English Name:

VICEM HA TIEN CEMENT JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN XI MĂNG VICEM HÀ TIÊN

Short Name:

VICEM HA TIEN J.S. CO

Business ID (TIN):

0301446422

Date of Registration:

18 Jan 2007

Registered Office:

Ho Chi Minh City Department of Finance

Ticker:

HT1

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ DINH Q.D

+ NGUYEN Q.T

+ PHAM K.P

+ BUI N.Q

Address:

No. 604, Vo Van Kiet Street, Cau Ong Lanh Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3836 8363

Branch:

Km 8, Ha Noi Highway, Truong Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Branch:

Group 8, Quarter 4, Phu Huu Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Factory Address:

Thanh Binh Hamlet, Thanh Luong Commune, Binh Long Town, Binh Phuoc Province, Vietnam

Branch:

Long Dinh Industrial Park, Long Dinh Commune, Can Duoc District, Long An Province, Vietnam

Factory Address:

National Road 80, Lo Bom Quarter, Kien Luong Town, Kien Luong District, Kien Giang Province, Vietnam

Branch:

No. 16/48, Road 990, Quarter 4, Phu Huu Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2394 Manufacture of cement, lime and plaster

NACE:

23.5 Manufacture of cement, lime and plaster

Industry Sales Growth

CAGR (2019 - 2023)

-5.33%

YoY (2023)

-7.46%

Companies by industry

Company distribution and propportions

679

0.0234%

Key Industry Players

Top 10 companies in manufacture of cement, lime and plaster industry

chinfon cement corporation nghi son cement corporation siam city cement (vietnam) limited vicem ha tien cement joint stock company vicem hoang thach cement company limited vissai ninh bình joint stock company long son company limited song lam cement joint stock company xuan thanh cement joint stock company thanh thang group cement joint stock company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	40.34%
Owner’s Equity	64.44%
Working Capital	89.36%
Net Worth	-19.68%
Sales	-92.96%
Operating income	46.52%
EBIT	91.28%
Gross Profit Margin	44.29%
Debt to EBITDA	28.58%

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Legal Profile

Contact and Location

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Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

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Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Legal Profile

Historical Information

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Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

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Credit Limit

Industry Information

Key Industry Players

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About VICEM HA TIEN CEMENT JOINT STOCK COMPANY

When did VICEM HA TIEN CEMENT JSC start operating?

VICEM HA TIEN CEMENT JSC was started in 18 Jan 2007

What industry does VICEM HA TIEN CEMENT JSC operate in?

VICEM HA TIEN CEMENT JSC is operating in "Manufacture of cement, lime and plaster" industry

How can I contact VICEM HA TIEN CEMENT JSC?

VICEM HA TIEN CEMENT JSC phone numbers is 84-28 / 3836 8363

What adverse news is there about VICEM HA TIEN CEMENT JSC?

VICEM HA TIEN CEMENT JSC’s has 1 bad news

What is stock symbol of VICEM HA TIEN CEMENT JSC?

VICEM HA TIEN CEMENT JSC’s stock symbol is HT1

Where is the location of VICEM HA TIEN CEMENT JSC?

VICEM HA TIEN CEMENT JSC is located at No. 604, Vo Van Kiet Street, Cau Ong Lanh Ward, Ho Chi Minh City, Vietnam

What is VICEM HA TIEN CEMENT JSC’s business registration?

VICEM HA TIEN CEMENT JSC business registration is 0301446422

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