VNSTEEL - VICASA JOINT STOCK COMPANY

VNSTEEL VICASA JOINT STOCK COMPANY is a steel manufacturing business that has quietly operated in Dong Nai Province for more than seventeen years. Established in 2007 and located inside Bien Hoa I Industrial Park the company forms part of Vietnam industrial backbone where steel production supports construction manufacturing and infrastructure development across the southern economic region.

If we look at the scale of operations in 2023 the picture becomes clearer. VNSTEEL VICASA recorded total assets of about USD 11.61 million and generated USD 70.87 million in sales. Although revenue declined compared to earlier years the company returned to profitability with a net profit of nearly USD 300 thousand. Owner equity stood at USD 7.9 million, showing that the balance sheet remained stable even during a difficult period for the steel industry.

Understanding VICASA Role in Vietnam Steel Industry

Vietnam steel industry is known for its strong cycles. When construction and infrastructure investment accelerate steel demand rises quickly. When the property market slows steel producers often feel the impact immediately. VNSTEEL VICASA operates within this reality.

The company manufactures steel billet and steel products serving both industrial and construction customers. Compared with large scale steel groups VICASA operates on a more focused and controlled scale. This allows flexibility but also means the company is more sensitive to fluctuations in raw material prices energy costs and domestic demand.

Ownership and Long Term Stability

VNSTEEL VICASA is a publicly held joint stock company listed on the Upcom market under stock symbol VCA. The company is majority owned by Viet Nam Steel Corporation, which holds sixty five percent of the shares. This ownership structure provides institutional backing and sector experience while still allowing the company to operate independently at the factory level.

With more than four hundred employees, the company continues to play a role in local employment and industrial production in Dong Nai Province.

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This overview is written to help readers understand VNSTEEL VICASA JOINT STOCK COMPANY in a clear and educational way. It does not include deeper analysis such as debt maturity customer concentration litigation exposure related party transactions or credit risk indicators.

Those elements are covered in detail in the VNBIS Company Comprehensive Report, which is designed for professional users including banks investors suppliers insurers and researchers.

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