VIETNAM DONA ORIENT CO., LTD
ActiveVIETNAM DONA ORIENT CO., LTD
ActiveVIETNAM DONA ORIENT CO., LTD
ActiveSummary
VIETNAM DONA ORIENT CO., LTD: A Major Footwear Manufacturer in Vietnam
VIETNAM DONA ORIENT CO., LTD (CÔNG TY TNHH ĐÔNG PHƯƠNG ĐỒNG NAI VIỆT NAM) stands as a prominent foreign-invested enterprise (FDI) in Vietnam’s footwear industry. Established on October 13, 2003, the company has operated for over two decades and continues to maintain a strong position in the manufacturing sector with a focus on footwear production.
Legal Status and Ownership
Legally structured as a one-member limited liability company, VIETNAM DONA ORIENT CO., LTD is wholly owned by DONA ORIENT HOLDINGS LIMITED, a company registered in the British Virgin Islands. The company is officially registered with the Dong Nai Province Department of Planning and Investment, bearing Business ID and Tax Identification Number (TIN): 3600659583.
As of December 31, 2023, the company's charter capital stood at USD 29 million, with a paid-up capital of approximately USD 28.58 million.
Leadership and Workforce
The company's leadership reflects a blend of international and local expertise:
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Mr. Wang Chien Rong (Taiwanese) serves as the Chairman.
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Ms. Le Thuy Vu Linh (Vietnamese) holds the position of General Director.
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Ms. Dinh Thanh Truc (Vietnamese) acts as the Chief Accountant.
With a sizable workforce of 11,000 employees, the company plays a crucial role in Dong Nai’s local economy and Vietnam’s manufacturing landscape.
Business Activities
VIETNAM DONA ORIENT CO., LTD primarily engages in:
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The manufacture of footwear, semi-footwear, and related components.
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Other registered activities include the manufacture of plastic products, construction of buildings, consulting services, and miscellaneous manufacturing.
The company is strategically located in Song May Industrial Park, Bac Son Commune, Trang Bom District, Dong Nai Province, providing logistical advantages for both domestic and international trade.
Financial Overview
Despite facing revenue fluctuations, VIETNAM DONA ORIENT CO., LTD remains financially robust:
Key Figures (2023):
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Total Assets: USD 120.06 million (↑12.74% YoY)
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Sales Revenue: USD 276.33 million (↓14.49% YoY)
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Profit After Tax: USD 13.89 million (↓40.38% YoY)
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Owner’s Equity: USD 76.54 million (↑10.38% YoY)
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Net Worth: USD 76.45 million
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Working Capital: USD 36.8 million
The 2023 fiscal year showed a decline in revenue and profit, likely due to global market volatility and supply chain challenges, but the company demonstrated resilience with strong equity growth and asset expansion.
Final Remarks
With over two decades of operational experience, VIETNAM DONA ORIENT CO., LTD continues to be a key player in Vietnam’s footwear export sector. Backed by international ownership and managed by a seasoned leadership team, the company’s solid financial foundation and large-scale production capacity make it a vital contributor to the Vietnamese manufacturing ecosystem.
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Legal Profile
Contacts
+ WANG C.R
+ LE T.V.L
+ DINH T.T
Business Sector
Key business lines:
Industry Sales Growth
-1.82%
-10.80%
Companies by industry
3,432
0.1180%
Key Industry Players
Payment History
Financial Performance
| Assets | 87.68% |
| Owner’s Equity | -82.36% |
| Working Capital | -60.70% |
| Net Worth | 26.78% |
| Sales | 93.02% |
| Operating income | 40.75% |
| EBIT | 28.21% |
| Gross Profit Margin | 2.82% |
| Debt to EBITDA | 99.79% |