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VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

Active

Business ID 0104831030

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

Active

Business ID 0104831030

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

Active

Summary

Name:

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

Business ID (TIN):

0104831030

Date of Registration:

25 Jan 2006

Registered Office:

Ha Noi City Department of Finance

Address:

No. 01, Giang Van Minh Street, Giang Vo Ward, Ha Noi City, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY, locally known as CÔNG TY TNHH NHÀ NƯỚC MỘT THÀNH VIÊN THƯƠNG MẠI VÀ XUẤT NHẬP KHẨU VIETTEL, is a key subsidiary of Viettel Group, a state-invested entity. Established in 2006, the company has played an essential role in Vietnam’s telecommunications, information technology, and consumer electronics trade. It operates from its headquarters in Cau Giay District, Hanoi, with branches and industrial facilities in multiple locations, including Nam Thang Long Industrial Park.

According to Vanguard Business Information LLC (VBI), VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY reported total assets of USD 230.28 million in 2023, marking a 1.75% increase from the previous year. However, its total sales dropped by 5.6% to USD 824.81 million, indicating shifts in market demand or operational adjustments. The company’s profit also declined by 34.39% to USD 5.6 million, a notable decrease compared to its previous years' growth trends. Despite this, the company maintained strong working capital at USD 19.28 million, ensuring liquidity in its operations.

Chairman Do Thanh Hai, along with Director Pham Van Hung and Deputy Director Luong The Quang, leads the company, which has approximately 4,000 employees. Its core business activities include importing and exporting telecommunications equipment, IT hardware, and healthcare technology. The company also manufactures electronic components, provides technology consultancy, and offers logistics services.

VIETTEL COMMERCE AND IMPORT—EXPORT LIMITED COMPANY operates in a highly competitive sector, facing challenges such as fluctuating demand for consumer electronics, evolving technological advancements, and regulatory factors. According to VBI’s market intelligence, while the company remains a dominant force in Vietnam’s telecom and IT retail sector, market saturation and increased operational costs have impacted profit margins. To strengthen its financial performance, VBI recommends expanding into new product segments, enhancing supply chain efficiencies, and leveraging digital transformation initiatives.

As a 100% state-invested enterprise under Viettel Group, VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY benefits from government support and strategic partnerships, ensuring long-term stability. VBI’s business analysis suggests that despite recent profitability challenges, the company maintains a strong market presence. Its continued investments in technology, logistics, and high-value product offerings will be crucial for sustaining growth in Vietnam’s evolving digital economy.

Legal Profile

English Name:

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

Vietnamese Name:

CÔNG TY TNHH NHÀ NƯỚC MỘT THÀNH VIÊN THƯƠNG MẠI VÀ XUẤT NHẬP KHẨU VIETTEL

Short Name:

VIETTEL COMMERCE

Business ID (TIN):

0104831030

Date of Registration:

25 Jan 2006

Registered Office:

Ha Noi City Department of Finance

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ DO T.H

+ PHAM V.H

+ LUONG T.Q

+ DINH T.D

Address:

No. 01, Giang Van Minh Street, Giang Vo Ward, Ha Noi City, Vietnam

Transaction office:

No. 1, Lane 11, Duy Tan Street, Cau Giay Ward, Ha Noi City, Vietnam

Branch:

Lot B2-03-2, Nam Thang Long Industrial Park, Thuong Cat Ward, Ha Noi City, Vietnam

Branch:

No. 41 Nguyen Tat Thanh Street, Kien Duc Commune, Lam Dong Province, Vietnam

Branch:

No. 20-22 Nguyen Tat Thanh Street, Duc Lap Commune, Lam Dong Province, Vietnam

Branch:

No. 155B, Huynh Thuc Khang Street, Bac Gia Nghia Ward, Lam Dong Province, Vietnam

Branch:

Huong Giang Building, No. 1, Lane 11, Duy Tan Street, Cau Giay Ward, Ha Noi City, Vietnam

Branch:

No. 158/2A Hoang Hoa Tham Street, Bay Hien Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4741 Retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores

Industry Sales Growth

CAGR (2019 - 2023)

5.19%

YoY (2023)

-9.31%

Companies by industry

Company distribution and propportions

6,994

0.2406%

Key Industry Players

Top 10 companies in retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores industry

viettel commerce and import – export limited company (translated name) cao phong company limited phong vu trading - service corporation mediamart viet nam corporation the gioi di dong joint stock company fpt digital retail joint stock company vhc trading company limited di dong viet technology joint stock company htv trading general company limited dieu phuc technology services and trading company limited

Payment History

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Financial Performance

Assets	96.00%
Owner’s Equity	-4.26%
Working Capital	51.79%
Net Worth	70.77%
Sales	-16.07%
Operating income	-73.38%
EBIT	14.20%
Gross Profit Margin	38.20%
Debt to EBITDA	-37.63%

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Specific Questions About VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

When did VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY start operating?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY was started in 25 Jan 2006

What industry does VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY operate in?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY is operating in "Retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores" industry

How can I contact VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY don't share phone numbers information

What adverse news is there about VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY’s has no negative news

What is stock symbol of VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY is not listed company

Where is the location of VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY is located at No. 01, Giang Van Minh Street, Giang Vo Ward, Ha Noi City, Vietnam

What is VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY’s business registration?

VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY business registration is 0104831030

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VIETTEL COMMERCE AND IMPORT – EXPORT LIMITED COMPANY

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