VIETNAM DAYSTAR CO., LTD.
ActiveVIETNAM DAYSTAR CO., LTD.
ActiveVIETNAM DAYSTAR CO., LTD.
ActiveSummary
Founded in 2013, Vietnam Daystar Company Limited is a foreign direct investment enterprise specializing in the manufacturing and processing of plastic packaging, plastic pipes, and a wide range of plastic products for industrial and commercial use. The company operates in Luc Nam District of Bac Giang Province, an area that has become one of Vietnam’s fastest growing industrial zones due to strong inflows of foreign investment in manufacturing.
Vietnam Daystar employs approximately 1,000 workers, supporting production capacity across molding, extrusion, and processing operations. Its product portfolio serves both domestic industry and export oriented customers who require consistent quality and large scale order fulfillment.
Leadership and Shareholders
Vietnam Daystar is led by Yan S. L., Director, who oversees operations, production efficiency, and compliance with Vietnam’s industrial and environmental regulations. Under his direction, the company coordinates closely with its parent entity on strategic planning and technical standards.
The enterprise is wholly owned by Wenzhou Hendy Mechanism and Plastic Company Limited of China, which holds 100 percent equity. Charter capital and paid up capital are fully contributed at USD 26.62 million, reflecting a stable capital structure and long term investment commitment.
Financial Growth and Market Risks
In 2023, Vietnam Daystar reported revenue of approximately USD 81.01 million, maintaining a steady sales performance despite pressures on global industrial output. Although profitability decreased from the previous year due to higher input costs and weaker export demand, equity continued to grow and the company preserved a positive capital position.
The plastic manufacturing sector faces risks tied to raw material price volatility, global demand cycles, energy costs, and environmental regulations that increasingly influence production processes. Export oriented manufacturers also remain sensitive to changes in international procurement patterns and transportation costs. A full analysis of liquidity, capital structure, cash flow stability, and long term financial resilience is available in the VNBIS Company Comprehensive Report, offering detailed insights for investors and commercial partners.
Business Intelligence and Risk Outlook
The company benefits from Bac Giang Province’s position as an expanding industrial manufacturing hub with growing infrastructure, strong logistics access, and a significant foreign investor presence. Demand for plastic packaging and industrial plastic components is expected to remain consistent as Vietnam continues to expand its manufacturing base in electronics, textiles, agriculture, and consumer goods.
Short term performance will depend on the company’s ability to manage procurement costs and maintain efficient production cycles amid global economic uncertainty. In the long term, Vietnam Daystar’s combination of scale, diversified plastic product lines, and stable foreign ownership provides a foundation for continued competitiveness in both domestic and international markets.
VNBIS Support and Business Services
Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Vietnam Daystar Company Limited and its financial and operational position.
VNBIS services include:
- Company Credit Reports evaluating solvency, liquidity, and financial health
- Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
- Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records
Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.
Legal Profile
Contacts
Business Sector
Key business lines:
Industry Sales Growth
4.40%
-5.15%
Companies by industry
13,133
0.4515%
Key Industry Players
Payment History
Financial Performance
| Assets | 56.90% |
| Owner’s Equity | 70.29% |
| Working Capital | -4.63% |
| Net Worth | -60.13% |
| Sales | 8.83% |
| Operating income | 25.45% |
| EBIT | 67.49% |
| Gross Profit Margin | -22.19% |
| Debt to EBITDA | -77.16% |