VIETNAM AUTO PARTS COMPANY LIMITED

VIETNAM AUTO PARTS COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH SẢN XUẤT PHỤ TÙNG Ô TÔ XE MÁY VIỆT NAM) is a prominent foreign-invested limited liability company based in Hung Yen Province, Vietnam. With over 21 years of operations since its establishment on October 17, 2003, the company has played a vital role in the Vietnamese automotive supply chain, specializing in the manufacture and installation of parts for both automobiles and motorcycles.

Legal and Operational Status

• Tax Code (TIN): 0900219059

• Business ID: 0900219059

• Registered Address: Minh Khai Hamlet, Nhu Quynh Town, Van Lam District, Hung Yen Province, Vietnam

• Charter Capital: USD 9.86 million

• Paid-up Capital (as of March 2023): USD 11.67 million

• Ownership: Foreign Direct Investment (FDI)

• Number of Employees: 1,700

• General Director: Mr. Yorimasa Aoki (Japanese)

The company operates actively under the legal oversight of the Hung Yen Province Department of Planning and Investment, and its business license includes manufacturing and sales of auto and motorcycle parts, along with management consulting services.

Shareholder Structure

VIETNAM AUTO PARTS COMPANY LIMITED benefits from a diverse and reputable shareholder base, including:

• ASIAN HONDA MOTOR CO., LTD (Thailand): 37.2%

• HONDA VIETNAM COMPANY LTD (Vietnam): 27.9%

• GELEXIMCO GROUP JOINT STOCK COMPANY (Vietnam): 18.6%

• KYUSHU YANAGAWA SEIKI CO., LTD (Japan): 7%

• DASIN CO., LTD (Thailand): 4.65%

• Other shareholders: 4.65%

This international ownership base highlights the strategic integration of Japanese and Thai automotive expertise within Vietnam’s industrial landscape.

Financial Performance Overview

Despite experiencing some fluctuations, VIETNAM AUTO PARTS COMPANY LIMITED has demonstrated solid financial strength and growth in sales:

While total assets decreased by 7.1% in FY 2023 and profit declined by 11.5%, net sales grew by 7.48%, reaching over USD 162 million. This indicates robust revenue generation despite rising costs and investment pressures.

The company maintains strong liquidity with a working capital of USD 33.09 million and an impressive net worth of USD 59.37 million. These figures underline its financial resilience in a competitive market.

Management Team

• Mr. Yorimasa Aoki, General Director, brings extensive international expertise and oversees the strategic direction of the company.

• Mr. Luong V. T., Director of Manufacturing, is responsible for production and operational efficiency.

• Ms. Bui T. H., Administration Director, manages internal affairs and compliance.

Conclusion

VIETNAM AUTO PARTS COMPANY LIMITED stands out as a key player in Vietnam’s automotive parts manufacturing industry. Backed by major shareholders like Honda and GELEXIMCO, and under the experienced leadership of Mr. Aoki, the company continues to drive growth while maintaining operational stability. As the Vietnamese auto sector evolves, its role as a high-capacity, export-ready component supplier makes it a valuable asset in the global supply chain.

For investors, suppliers, and risk assessors, this company reflects a strong blend of local workforce capacity and foreign technical capital—a model that Vanguard Business Information LLC identifies as critical in evaluating business health and partnership viability.