VIET KOREAN TRAIDING EXPORT - IMPORT COMPANY LIMITED: Stable Growth in Vietnam’s Electronics and Appliance Distribution Sector

VIET KOREAN TRAIDING EXPORT - IMPORT COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI XUẤT NHẬP KHẨU VIỆT HÀN), also known as VIET KOR CO., LTD, is a long-established private enterprise specializing in the distribution of electronics, refrigeration equipment, and household appliances across Vietnam. Operating under tax code 0101325854, the company’s main transaction office is located at Lane 683, Nguyen Khoai Street, Thanh Tri Ward, Hoang Mai District, Ha Noi City, Vietnam, and its website is accessible at dienmayviethan.vn.

Established on January 2, 2003, the company has accumulated over 22 years of market presence and has steadily developed into a key player in northern Vietnam’s appliance and consumer electronics market. As of 2023, it employed approximately 300 staff members and was chaired by Mr. Pham Ngoc Toan, with Ms. Pham Thi Yen serving as General Director.

Financial Performance and Business Stability

In 2023, VIET KOREAN TRAIDING EXPORT - IMPORT COMPANY LIMITED posted USD 180.86 million in total revenue, up 1.88% year-over-year, alongside a modest net profit of USD 409,288, reflecting an annual growth of 7.74%. Total assets stood at USD 53.46 million, with working capital reaching USD 31 million, indicating sound liquidity. Owner's equity increased to USD 3.98 million, up 11.46%, signaling continuous reinvestment and balance sheet improvement.

These consistent yet moderate growth rates highlight the company’s conservative and sustainable financial strategy, favoring gradual expansion over aggressive risk-taking. With a charter capital of USD 2.05 million, the firm remains privately owned, with major shareholders being members of the Pham family.

Operational Reach and Business Scope

Aside from its Hanoi base, the company maintains operational branches in Nghe An Province and Thanh Hoa Province, ensuring extensive regional distribution capabilities. Its registered business activities cover not only wholesale and retail of household products but also the manufacture of cosmetics and detergents, vehicle parts sales, advertising, market research, and equipment rental. This broad registration suggests flexibility for future business diversification while remaining focused on electronics and household appliances as core offerings.

In summary, VIET KOREAN TRAIDING EXPORT - IMPORT COMPANY LIMITED represents a financially stable and operationally active enterprise within Vietnam’s consumer electronics and appliance market. Its consistent profit margins, growing asset base, and expanding retail footprint provide a strong foundation for long-term growth. For stakeholders seeking business verification, financial data, and risk assessments, VANGUARD BUSINESS INFORMATION LLC (VBI) offers comprehensive services to evaluate companies like VIET KOREAN and ensure informed business decisions.