VINH TUONG INDUSTRIAL CORPORATION

Vinh Tuong Industrial Corporation has been a prominent name in Vietnam’s construction materials industry for nearly two decades, with its expertise spanning the production and distribution of drywall, plaster ceilings, and metal ceiling frames. Established on October 24, 2005, the company operates as a joint stock company under foreign direct investment (FDI) status, registered with Tax Identification Number 0304075529. Its head office is located at Lot C23A, Hiep Phuoc Industrial Park, Hiep Phuoc Commune, Nha Be District, Ho Chi Minh City, Vietnam, supported by branches and representative offices in Hanoi and Da Nang, as well as a transaction office in Thu Duc City.

Leadership is anchored by Francisco Javier Alcala Gimeno as Chairman, Nguyen T. H. as General Director, and Le T. T. Lan as Chief Accountant. The company is majority-owned by Saint-Gobain Placo (France) with a 98.65% stake, integrating Vinh Tuong into a global network of building material expertise and innovation.

Financially, the company’s performance up to the end of 2023 presents a mixed picture. Total assets stood at USD 81.76 million, marking a healthy 12.8% growth from 2022, while owner’s equity rose by 23.01% to USD 53.32 million. However, total sales declined by 12.58% to USD 123.13 million, and net profit dropped 19.64% to USD 19.42 million. The contraction in revenue and profit despite stronger equity signals potential challenges in market demand, cost pressures, or competitive positioning.

Vinh Tuong’s operations are well-diversified across manufacturing, wholesale of construction materials, specialized design activities, and building completion services. This breadth of activities, combined with the backing of an international parent company, provides it with resources and market reach, but also demands rigorous operational efficiency to maintain margins in a competitive construction sector.

For potential partners, suppliers, and financiers, these 2023 figures offer valuable insight into the company’s recent performance. However, the most up-to-date financial statements, including full 2024 data, are available exclusively through Vanguard Business Information LLC (VNBIS). Accessing the latest report will give you a clearer picture of Vinh Tuong Industrial Corporation’s current trajectory, risk profile, and market potential — critical information before making any investment or business decision.

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