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VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

Active

Business ID 0105993965

84-24 / 62686818

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

Active

Business ID 0105993965

84-24 / 62686818

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

Active

Summary

Name:

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

Business ID (TIN):

0105993965

Date of Registration:

19 Sep 2012

Registered Office:

Binh Thuan Department of Planning and Investment

Address:

15th Floor CornerStone Building, No. 16 Phan Chu Trinh, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 62686818

Fax:

(84-24) 62686800

Financial Statement:

2019, 2021, 2022, 2023, 2024

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED: Profitable State Monopoly With Emerging Risk Signals

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ ĐIỆN TOÁN VIỆT NAM), better known to the public as Vietlott, is Vietnam’s flagship operator of computerized lottery and legal gambling activities. Established in 2012 under the full ownership of the Ministry of Finance, this state-owned enterprise has grown into a dominant player in a tightly controlled market. The company is registered under business ID and tax code 0105993965, with its head office at the 15th Floor, CornerStone Building, No. 16 Phan Chu Trinh Street, Hoan Kiem District, Hanoi.

Chaired by Mr. Le Van Hoan and directed by Mr. Nguyen Thanh Dam and Mr. Pham Ngoc Tu, VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED operates nationwide with strategic branches in Hai Phong, Can Tho, Khanh Hoa, and more. As of the end of 2023, it employed 177 staff and held a paid-up charter capital of USD 20.54 million.

Financially, the company appears robust on the surface. In 2023, it generated USD 204.09 million in revenue—a near flat 0.18% year-over-year growth—while net profit rose sharply by 15.23% to USD 9.97 million. Total assets stood at USD 52.53 million, up 9.66%, and equity also improved slightly to USD 22.71 million. The working capital of USD 21.26 million indicates strong liquidity and low leverage.

However, from a risk management viewpoint, the figures warrant deeper inspection. Growth in sales has stagnated since 2022, suggesting potential market saturation or regulatory constraints. Despite a 15% profit increase, profit margins remain modest relative to monopoly status. With minimal competition and full government backing, the company has yet to show innovative diversification or international expansion, leaving it exposed to structural risks, including political oversight or tightening legal frameworks.

VANGUARD BUSINESS INFORMATION LLC recommends stakeholders not be lulled by the stable appearance of state ownership. Independent Private Financial Data reviews and Litigation Search services are essential to confirm whether all contractual and operational risks have been managed transparently, especially when public funds and cross-border payments are involved.

For investors, suppliers, and compliance teams evaluating Vietnam’s legalized gambling sector, VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED remains a key player, but also one where reputational and regulatory risks must be managed proactively. Trust VANGUARD BUSINESS INFORMATION LLC to provide the intelligence and due diligence needed to make sound business decisions in this sensitive, high-stakes industry.

Legal Profile

English Name:

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ ĐIỆN TOÁN VIỆT NAM

Business ID (TIN):

0105993965

Date of Registration:

19 Sep 2012

Registered Office:

Binh Thuan Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ LE V.H

+ NGUYEN T.D

+ PHAM Q.H

Address:

15th Floor CornerStone Building, No. 16 Phan Chu Trinh, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 62686818

Fax:

(84-24) 62686800

Branch:

No. 11, Ly Thanh Ton Street, Van Thanh Ward, Nha Trang City, Khanh Hoa Province, Vietnam

Branch:

Floor 3, No. 14-16B, Hoa Binh Avenue, An Cu Ward, Ninh Kieu District, Can Tho City, Vietnam

Branch:

Floor 6, MB Building, No. 6, Road 30A, Le Hong Phong Street. Lac Vien Ward, Ngo Quyen District, Hai Phong City, Vietnam

Branch:

Floor 3, Golden City, No. 25, Nguyen Thi Minh Khai Street, Le Mao Ward, Vinh City, Nghe An Province, Vietnam

Branch:

Floor 8, No. 93-95, Ham Nghi Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City, Vietnam

Branch:

No. 4, Tran Hung Dao Street, Ward 3, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Business Sector

Key business lines:

VSIC:

9200 Lottery, betting and gambling activities

NACE:

92.00 Gambling and betting activities

NAICS:

7132 Gambling Industries

Industry Sales Growth

CAGR (2019 - 2023)

19.73%

YoY (2023)

22.00%

Companies by industry

Company distribution and propportions

329

0.0113%

Key Industry Players

Top 10 companies in lottery, betting and gambling activities industry

ho chi minh city lottery company limited (translated name) tay ninh lottery one member limited liability company (translated name) tien giang lottery one member limited liability company dong nai lottery and general services company limited (translated name) kien giang lottery one member company limited (translated name) lam dong lottery one member company limited ben tre lottery one member company limited dong thap lottery one member company limited (translated name) tra vinh province lottery one member company limited (translated name) binh thuan province lottery one member company limited

Payment History

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Financial Performance

Assets	-58.99%
Owner’s Equity	54.85%
Working Capital	-72.63%
Net Worth	-84.53%
Sales	-55.89%
Operating income	-25.08%
EBIT	83.74%
Gross Profit Margin	-69.44%
Debt to EBITDA	13.37%

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Specific Questions About VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

When did VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED start operating?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED was started in 19 Sep 2012

What industry does VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED operate in?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED is operating in "Lottery, betting and gambling activities" industry

How can I contact VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED phone numbers is 84-24 / 62686818

What adverse news is there about VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED’s has no negative news

What is stock symbol of VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED is not listed company

Where is the location of VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED is located at 15th Floor CornerStone Building, No. 16 Phan Chu Trinh, Phan Chu Trinh Ward, Hoan Kiem District, Ha Noi City, Vietnam

What is VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED’s business registration?

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED business registration is 0105993965

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VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED: Profitable State Monopoly With Emerging Risk Signals

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VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED

VIETNAM LOTTERY ONE MEMBER COMPANY LIMITED: Profitable State Monopoly With Emerging Risk Signals

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