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VIET STEEL CO., LTD

Active

Business ID 0301121174

VIET STEEL CO., LTD

Active

Business ID 0301121174

VIET STEEL CO., LTD

Active

Summary

Name:

VIET STEEL CO., LTD

Business ID (TIN):

0301121174

Date of Registration:

12 Jan 1993

Registered Office:

Ho Chi Minh City Department of Finance

Address:

No. 44, Hoa Binh Street, Ho Chi Minh City, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

Viet Steel Company Limited is one of Vietnam’s long established enterprises in the steel manufacturing and trading industry. Founded in 1993, the company is engaged in producing, distributing, and supplying steel and metal products that serve a wide range of industrial and construction needs. With more than thirty years of continuous operation, Viet Steel has built a strong business foundation supported by extensive relationships across Vietnam’s industrial centers including Ho Chi Minh City, Da Nang, Binh Dinh, and Khanh Hoa.

The company’s main business activities include the wholesale of metals and metal ores, the manufacture of iron and steel products, and the trading of construction materials. It also manages logistics, warehousing, and real estate leasing to complement its core operations. Through diversification and prudent management, Viet Steel has become a trusted supplier for infrastructure projects, manufacturing facilities, and construction companies nationwide.

Leadership and Shareholders

Do D. T. serves as General Director and oversees overall business operations, commercial strategy, and supplier relations. His leadership is supported by a management team experienced in procurement, distribution, and financial administration.

The company’s ownership structure is privately held with several Vietnamese shareholders. Do T. K. N. is the largest shareholder with 25.09 percent, followed by Do X. C. with 11.33 percent, Do T. K. L. with 9.71 percent, Do D. T. with 9.28 percent, and Do V. K. with 9.25 percent. The remaining 35.34 percent is held by other minority shareholders. This ownership composition reflects a tightly held company with significant family influence and stable governance.

Financial Growth and Market Risks

In 2023, Viet Steel achieved total revenue of about USD 82 million. The figure reflected a contraction compared with the previous year as global steel prices adjusted and domestic demand softened. Despite recording a loss during the year, the company retained a strong asset base of nearly USD 77 million and equity exceeding USD 12 million. Its liquidity position and creditworthiness remained stable, demonstrating the company’s ability to sustain operations through cyclical market changes.

The financial results of Viet Steel illustrate the challenges and opportunities within the global steel trade. Detailed indicators related to cash flow, debt structure, and profitability are analyzed in the full financial report prepared by Vanguard Business Information LLC (VNBIS). This report provides a deeper understanding of the company’s financial strength, working capital efficiency, and growth prospects, supporting investors and suppliers in making well-informed business decisions.

Viet Steel continues to face industry risks including raw material price fluctuations, import cost variations, and increasing competition from regional manufacturers. However, its diversified product range, long-term supplier relationships, and established client network enable the company to maintain operational stability and market relevance.

Business Intelligence and Risk Outlook

Viet Steel Company Limited is positioned to benefit from Vietnam’s ongoing infrastructure investment and industrial expansion. The company’s extensive distribution channels and three decades of market experience give it a strong competitive foundation to capture new opportunities as construction demand continues to rise.

Viet Steel plans to strengthen its manufacturing efficiency, enhance inventory management, and optimize asset utilization in order to improve profitability and financial resilience. With its experienced management team and deep industry knowledge, the company is expected to continue playing a vital role in Vietnam’s steel supply network while gradually recovering from global market adjustments.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a complete suite of business intelligence solutions to assist investors, suppliers, and partners in evaluating the financial and operational standing of Viet Steel Company Limited.

VNBIS services include:

Company Credit Reports offering detailed assessments of solvency, liquidity, and profitability to support trade and investment decisions.
Risk Management Solutions analyzing market exposure, financial performance, and operational resilience within Vietnam’s steel industry.
Business Verification and Due Diligence Reports confirming ownership, governance, and compliance to ensure transparency and confidence in commercial partnerships.

Through these services, VNBIS enables clients to make accurate, secure, and data driven business decisions when engaging with the company.

Legal Profile

English Name:

VIET STEEL CO., LTD

Vietnamese Name:

CONG TY TNHH THUONG MAI VA SAN XUAT THEP VIET

Short Name:

CONG TY TNHH THEP VIET

Business ID (TIN):

0301121174

Date of Registration:

12 Jan 1993

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

DO D.T

Address:

No. 44, Hoa Binh Street, Ho Chi Minh City, Vietnam

Branch:

National Road 1A, Phong Nam Hamlet, Hoa Chau Commune, Hoa Vang District, Da Nang City, Vietnam

Branch:

Lot A1, Nhon Binh Industrial Cluster, Nhon Binh Ward, Quy Nhon City, Binh Dinh Province, Vietnam

Branch:

No. 64B, Le Hong Phong Street, Phuoc Hai Ward, Nha Trang City, Khanh Hoa Province, Vietnam

Branch:

Lot 18, Tra Noc I Industrial Park, Tra Noc Ward, Binh Thuy District, Can Tho City, Vietnam

Business Sector

Key business lines:

VSIC:

4662 Wholesale of metals and metal ores

NACE:

46.72 Wholesale of metals and metal ores

Industry Sales Growth

CAGR (2019 - 2023)

7.06%

YoY (2023)

-6.40%

Companies by industry

Company distribution and propportions

20,391

0.7013%

Key Industry Players

Top 10 companies in wholesale of metals and metal ores industry

thai hung trading joint-stock company nam phat shipbuilding and shipping company corporation vuong steel co.,ltd kim quoc steel company limited (translated name) hanoi steel and trade joint stock company nam son steel corporation thang long sbtc joint stock company nam phat steel trading and servicing joint stock company dong hai steel trading company limited toan phat steel production and investment company limited

Payment History

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Financial Performance

Assets	-46.85%
Owner’s Equity	-99.69%
Working Capital	91.21%
Net Worth	-87.70%
Sales	-8.51%
Operating income	89.57%
EBIT	81.58%
Gross Profit Margin	-20.28%
Debt to EBITDA	-5.02%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About VIET STEEL CO., LTD

When did VIET STEEL CO., LTD start operating?

VIET STEEL CO., LTD was started in 12 Jan 1993

What industry does VIET STEEL CO., LTD operate in?

VIET STEEL CO., LTD is operating in "Wholesale of metals and metal ores" industry

How can I contact VIET STEEL CO., LTD?

VIET STEEL CO., LTD don't share phone numbers information

What adverse news is there about VIET STEEL CO., LTD?

VIET STEEL CO., LTD’s has no negative news

What is stock symbol of VIET STEEL CO., LTD?

VIET STEEL CO., LTD is not listed company

Where is the location of VIET STEEL CO., LTD?

VIET STEEL CO., LTD is located at No. 44, Hoa Binh Street, Ho Chi Minh City, Vietnam

What is VIET STEEL CO., LTD’s business registration?

VIET STEEL CO., LTD business registration is 0301121174

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VIET STEEL CO., LTD

VIET STEEL CO., LTD

VIET STEEL CO., LTD

Summary

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Legal Profile

Contacts

Related Entity

Business Sector

Key business lines:

Industry Sales Growth

Companies by industry

Key Industry Players

Payment History

Financial Performance

Company Reports

Company Profile Report

Company Standard Report

Comprehensive Report

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When did VIET STEEL CO., LTD start operating?

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How can I contact VIET STEEL CO., LTD?

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What is VIET STEEL CO., LTD’s business registration?

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VIET STEEL CO., LTD

VIET STEEL CO., LTD

VIET STEEL CO., LTD

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Related Entity

Business Sector

Key business lines:

Industry Sales Growth

Companies by industry

Key Industry Players

Payment History

Financial Performance

Company Reports

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

When did VIET STEEL CO., LTD start operating?

What industry does VIET STEEL CO., LTD operate in?

How can I contact VIET STEEL CO., LTD?

What adverse news is there about VIET STEEL CO., LTD?

What is stock symbol of VIET STEEL CO., LTD?

Where is the location of VIET STEEL CO., LTD?

What is VIET STEEL CO., LTD’s business registration?

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