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VIETNAM VACCINE JOINT STOCK COMPANY

Active

Business ID 0107631488

84-28 / 7300 6595

VIETNAM VACCINE JOINT STOCK COMPANY

Active

Business ID 0107631488

84-28 / 7300 6595

VIETNAM VACCINE JOINT STOCK COMPANY

Active

Summary

Name:

VIETNAM VACCINE JOINT STOCK COMPANY

Business ID (TIN):

0107631488

Date of Registration:

11 Nov 2016

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

No. 180, Truong Chinh Street, Khuong Thuong Ward, Dong Da District, Ha Noi City, Vietnam

Phone:

84-28 / 7300 6595

Financial Statement:

2020, 2021, 2022, 2023, 2024

VIETNAM VACCINE JOINT STOCK COMPANY, known as VNVC (Công Ty Cổ Phần Vacxin Việt Nam), has established itself as a leading private-sector provider of vaccination services in Vietnam. Founded in November 2016 and registered under Business ID 0107631488, VNVC operates as a privately held joint stock company. Within just eight years, it has grown rapidly, now employing over 5,000 staff and running an extensive nationwide network of clinics and branches, including major locations in Hanoi, Ho Chi Minh City, Dong Nai, and Binh Duong.

The company is led by Mr. Ngô Chí Dũng, who holds both the Chairman and General Director roles and is also the majority shareholder with a 60% stake. Under his leadership, VNVC has become a household name for vaccine accessibility in Vietnam, particularly during and after the COVID-19 pandemic. Its core business revolves around providing vaccines for all age groups, along with nutritional consultations and healthcare services for both children and adults.

From a financial data perspective, VNVC shows a solid foundation in revenue growth and asset expansion. In 2023, it reported total assets of USD 167.6 million and sales of USD 376.5 million—an increase of over 36% and 25% respectively compared to the previous year. Owner’s equity also rose by nearly 30%, reflecting increased retained earnings or possibly additional capital support.

However, the company’s profitability raises important questions for financial analysts and risk management professionals. Despite its strong revenue, VNVC’s net profit dropped sharply by 66.48% in 2023 to USD 3.65 million, down from over USD 10.8 million in 2022. This suggests possible operational inefficiencies, increased administrative costs, or pricing pressures within the highly regulated healthcare and pharmaceutical industry. Moreover, while VNVC’s working capital remains positive at USD 3.08 million, the margin is relatively tight for a business of its scale and expansion speed.

From a company credit report perspective, VNVC is an example of a fast-growing but operationally complex business. It maintains a broad portfolio of activities—from manufacturing medical devices to experimental research in medical sciences—which, while indicative of ambition, also increases exposure to compliance risks and resource dilution.

In summary, VNVC continues to play a vital role in Vietnam’s public health infrastructure, showing strong growth potential and national reach. However, its declining profit trend and capital intensity require close monitoring by stakeholders. Anyone engaging with the company—whether as a financial partner, supplier, or regulator—should closely examine its financial ratios, cost structure, and strategic focus areas as part of a robust risk management and due diligence process.

Legal Profile

English Name:

VIETNAM VACCINE JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN VACXIN VIỆT NAM

Short Name:

VNVC.,JSC

Business ID (TIN):

0107631488

Date of Registration:

11 Nov 2016

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

NGO C.D

Address:

No. 180, Truong Chinh Street, Khuong Thuong Ward, Dong Da District, Ha Noi City, Vietnam

Phone:

84-28 / 7300 6595

Branch:

No. 198, Hoang Van Thu Street, Ward 09, Phu Nhuan District, Ho Chi Minh City, Vietnam

Branch:

No. 22, Doan Van Cu Street, Quarter 9, Tam Hiep Ward, Bien Hoa City, Dong Nai Province, Vietnam

Branch:

No. 563, Binh Duong Boulevard, Hiep Thanh Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

Business Sector

Key business lines:

VSIC:

8691 Preventive medicine activities

Industry Sales Growth

CAGR (2019 - 2023)

16.83%

YoY (2023)

38.50%

Companies by industry

Company distribution and propportions

463

0.0159%

Key Industry Players

Top 10 companies in preventive medicine activities industry

trang an medical pharmaceutical investment and development joint stock company vietnam vaccine joint stock company global medical joint stock company giong viet nam joint stock company y vien service joint stock company tay ninh medical limited company bac giang medical service joint stock company (translated name) community health and health joint stock company vaccine fvc one member co., ltd truong an medical investment co., ltd

Payment History

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Financial Performance

Assets	61.77%
Owner’s Equity	63.11%
Working Capital	62.52%
Net Worth	84.97%
Sales	70.10%
Operating income	34.27%
EBIT	-33.25%
Gross Profit Margin	40.38%
Debt to EBITDA	-23.76%

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Specific Questions About VIETNAM VACCINE JOINT STOCK COMPANY

When did VIETNAM VACCINE JSC start operating?

VIETNAM VACCINE JSC was started in 11 Nov 2016

What industry does VIETNAM VACCINE JSC operate in?

VIETNAM VACCINE JSC is operating in "Preventive medicine activities" industry

How can I contact VIETNAM VACCINE JSC?

VIETNAM VACCINE JSC phone numbers is 84-28 / 7300 6595

What adverse news is there about VIETNAM VACCINE JSC?

VIETNAM VACCINE JSC’s has 1 bad news

What is stock symbol of VIETNAM VACCINE JSC?

VIETNAM VACCINE JSC is not listed company

Where is the location of VIETNAM VACCINE JSC?

VIETNAM VACCINE JSC is located at No. 180, Truong Chinh Street, Khuong Thuong Ward, Dong Da District, Ha Noi City, Vietnam

What is VIETNAM VACCINE JSC’s business registration?

VIETNAM VACCINE JSC business registration is 0107631488

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