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VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY

Active

Business ID 2500267703

84-211 / 3887863

VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY

Active

Business ID 2500267703

84-211 / 3887863

VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY

Active

Summary

Name:

VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY

Business ID (TIN):

2500267703

Date of Registration:

31 Jan 2007

Registered Office:

Vinh Phuc Province Department of Planning and Investment

Ticker:

VGS

Address:

Binh Xuyen Industrial Park, Dao Duc Town, Binh Xuyen District, Vinh Phuc Province, Vietnam

Phone:

84-211 / 3887863

Financial Statement:

2020, 2021, 2022, 2023, 2024

VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY (VG PIPE.,JSC), officially registered under Business ID and Tax Code 2500267703, is a leading manufacturer in Vietnam’s steel industry. Established on January 31, 2007, and headquartered in Binh Xuyen Industrial Park, Dao Duc Town, Binh Xuyen District, Vinh Phuc Province, this publicly held joint stock company has maintained an active and resilient presence in the domestic and regional markets. With its stock listed on the HNX under the symbol VGS, VG PIPE is a key player in the casting of iron and steel and the production of construction-grade steel materials.

Chaired by Ms. Nguyen Thi Thanh Thuy, with Mr. Nguyen Huu The serving as General Director and Mr. Dang Dinh Mieng as Deputy General Director, the company boasts a workforce of over 400 employees, including both the parent entity and its subsidiaries. VG PIPE has developed a comprehensive product and service portfolio, encompassing the manufacture of steel pipes, construction steels, cold-rolled steel sheets, and galvanized steel sheets, while also actively investing in real estate development. It maintains branch offices across Hanoi, Long An, and Da Nang to strengthen its nationwide footprint.

From a financial standpoint, VG PIPE reported USD 95.89 million in total assets at the end of 2024, with owner’s equity reaching USD 44.56 million, reflecting a solid capital base. While total sales slightly declined by 3.09% year-over-year to USD 300.8 million, the company managed an impressive 89.18% surge in profit, achieving a net income of USD 4.51 million. This marked improvement highlights VG PIPE’s operational efficiency and resilience amidst a challenging economic climate. The company’s working capital of over USD 11.63 million further reinforces its liquidity and financial stability.

The ownership structure of VG PIPE is notably diverse. While other shareholders hold 43.8% of the shares, major stakeholders include Ms. Nguyen Thi Thanh Thuy (25.67%), Mr. Le Minh Hai (17.13%), Ms. Le Khanh Huyen (8.24%), and Mr. Le Quoc Khanh (5.15%). The company’s registered capital stands at USD 22.97 million, fully paid up as of March 31, 2025.

VG PIPE is not only a manufacturing powerhouse but also an active participant in a broad array of construction and infrastructure sectors. Its registered business activities range from residential and industrial construction, water and electrical works, to telecommunications infrastructure, mining facilities, and freight transport. This wide range of operations demonstrates VG PIPE’s capability as a multi-sector contributor to Vietnam’s economic development.

For businesses, investors, and institutions seeking verified company financial data, risk assessments, due diligence services, and business intelligence, VG PIPE’s profile is accessible through VANGUARD BUSINESS INFORMATION LLC (VBI). As a trusted provider of company reports, VBI empowers stakeholders with reliable insights to support strategic decision-making. Whether evaluating creditworthiness, partnership potential, or market positioning, VBI ensures transparency and accountability in Vietnam’s corporate landscape.

Legal Profile

English Name:

VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN ỐNG THÉP VIỆT - ĐỨC VG PIPE

Short Name:

VG PIPE.,JSC

Business ID (TIN):

2500267703

Date of Registration:

31 Jan 2007

Registered Office:

Vinh Phuc Province Department of Planning and Investment

Ticker:

VGS

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN T.T.T

+ NGUYEN H.T

+ DANG D.M

+ NGUYEN T.T

Address:

Binh Xuyen Industrial Park, Dao Duc Town, Binh Xuyen District, Vinh Phuc Province, Vietnam

Phone:

84-211 / 3887863

Representative office:

3th Floor, Simco Building, No. 28, Pham Hung Street, South Tu Liem District, Ha Noi City, Vietnam

Representative office:

Hamlet 3, My Yen Commune, Ben Luc District, Long An Province, Vietnam

Representative office:

National Road 1A, Hoa Chau, Hoa Vang District, Da Nang City, Vietnam

Business Sector

Key business lines:

VSIC:

2431 Casting of iron and steel

NAICS:

33151 Ferrous Metal Foundries

Industry Sales Growth

CAGR (2019 - 2023)

3.78%

YoY (2023)

-12.01%

Companies by industry

Company distribution and propportions

582

0.0200%

Key Industry Players

Top 10 companies in casting of iron and steel industry

dong anh licogi mechanical joint stock company viet nam germany steel pipe joint stock company tsukuba diecasting vietnam co., ltd mien hua precision mechanical co., ltd vietnam germany steel mill group joint stock company viet nga steel product and trading company limited duong tien trading company limited viet nhat advanced steel joint stock company (translated name) hiep linh investment and trading joint stock company huynh de tu gia trading production limited company

Payment History

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Financial Performance

Assets	-73.12%
Owner’s Equity	89.10%
Working Capital	79.57%
Net Worth	11.35%
Sales	57.73%
Operating income	90.44%
EBIT	-61.25%
Gross Profit Margin	-40.73%
Debt to EBITDA	90.90%

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Negative Payment Records

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Litigation Records; Negative News

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Specific Questions About VIET NAM GERMANY STEEL PIPE JOINT STOCK COMPANY

When did VIET NAM GERMANY STEEL PIPE JSC start operating?

VIET NAM GERMANY STEEL PIPE JSC was started in 31 Jan 2007

What industry does VIET NAM GERMANY STEEL PIPE JSC operate in?

VIET NAM GERMANY STEEL PIPE JSC is operating in "Casting of iron and steel" industry

How can I contact VIET NAM GERMANY STEEL PIPE JSC?

VIET NAM GERMANY STEEL PIPE JSC phone numbers is 84-211 / 3887863

What adverse news is there about VIET NAM GERMANY STEEL PIPE JSC?

VIET NAM GERMANY STEEL PIPE JSC’s has no negative news

What is stock symbol of VIET NAM GERMANY STEEL PIPE JSC?

VIET NAM GERMANY STEEL PIPE JSC’s stock symbol is VGS

Where is the location of VIET NAM GERMANY STEEL PIPE JSC?

VIET NAM GERMANY STEEL PIPE JSC is located at Binh Xuyen Industrial Park, Dao Duc Town, Binh Xuyen District, Vinh Phuc Province, Vietnam

What is VIET NAM GERMANY STEEL PIPE JSC’s business registration?

VIET NAM GERMANY STEEL PIPE JSC business registration is 2500267703

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