VIET COTTON YARN INVESTMENT TRADING JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ THƯƠNG MẠI BÔNG SỢI VIỆT) is a privately held joint stock company operating in the textile and commodity trading industry in Vietnam. With a registration date of May 5, 2010, and Business ID 0309984207, the company has over 15 years of experience in wholesale distribution of yarns, woven fabrics, and various agricultural and food products. Its head office is located at the prestigious Vincom Center Dong Khoi, District 1, Ho Chi Minh City — a symbol of modern business presence.

The legal status of the company is compliant and active, as confirmed by its listing with the Ho Chi Minh Department of Planning and Investment. It operates under Tax Code 0309984207 and maintains a charter capital of USD 8.21 million, with paid-up capital reaching USD 4.11 million by the end of 2023. Despite its capitalized structure, the company is run by a surprisingly lean team of just 10 employees, indicating either a highly automated or highly outsourced operational model.

General Director Mr. DO VAN THANG oversees the company, supported by Sales Manager Ms. NGUYEN THI THU HA. The shareholder structure is evenly split among four Vietnamese individuals — PHAM THI HIEN, PHAN NHU HOA, TRAN YEN LINH, and TRUONG THI HOA — each holding 25%. This evenly distributed ownership can be an advantage in terms of governance neutrality but may also create challenges in strategic alignment if internal disagreements arise.

In terms of financial data, the company posted total assets of USD 73.22 million in 2023, marking a 7.66% increase from 2022. This continued upward trend signals ongoing business growth and investment. Revenue also showed notable strength, reaching USD 257.66 million, a significant jump of 39.58% from the previous year. These are signs of operational vigor in a competitive textile trading environment.

However, profitability remains a weak point. While the company did record a sharp rebound in net profit, increasing over 644% to USD 440,246, the absolute number remains modest in relation to its revenue size. This low margin suggests either high operational costs, aggressive pricing strategies to win market share, or inefficiencies in production and distribution. Moreover, working capital dropped 12.86% year-over-year, which could indicate tighter cash flow or increased short-term liabilities, both of which need close monitoring in a trade-heavy business model.

What also stands out is the low equity base: only USD 4.8 million as of 2023. Although this figure nearly doubled year-over-year, it remains small compared to the company’s asset and revenue levels, suggesting a heavy reliance on debt or external financing. In a volatile market like textiles, such financial leverage could expose the company to risks during downturns or unexpected global supply chain disruptions.

In summary, VIET COTTON YARN INVESTMENT TRADING JOINT STOCK COMPANY is an agile, revenue-strong player in the Vietnamese textile trading sector, with solid top-line growth and a recognizable business address. Its clear legal registration and stable shareholder base support its market presence. However, its profitability, equity ratio, and small internal team raise questions about long-term scalability, resilience, and operational depth. Balancing its rapid revenue growth with sustained profitability and strategic reinvestment will be essential if the company is to transition from a trading-focused entity to a more robust and sustainable enterprise.