VIET STEEL CO., LTD

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.