VTS STEEL MANUFACTURING, TRADING & SERVICE JOINT STOCK COMPANY

VTS STEEL MANUFACTURING, TRADING & SERVICE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN SẢN XUẤT THƯƠNG MẠI VÀ DỊCH VỤ THÉP VTS) is a fast-rising Vietnamese steel enterprise that has demonstrated extraordinary growth since its inception on November 17, 2021. Registered with the Long An Province Department of Planning and Investment, the company operates in the heart of Vietnam’s southern industrial corridor from its headquarters in My Yen Commune, Ben Luc District, Long An Province.

In just over three years, VTS STEEL MANUFACTURING, TRADING & SERVICE JOINT STOCK COMPANYhas scaled rapidly in both size and performance. In 2023, the company recorded USD 145.71 million in total sales—an impressive 79.65% year-over-year increase. This revenue surge is supported by solid growth in total assets, which reached USD 52.31 million, and net profit, which jumped by 614.92% to reach USD 382,297. Though profit remains modest relative to revenue, the company's growth trajectory suggests strong market penetration and expanding operational capacity.

The company’s core business lines include the manufacturing of aluminum and steel coils and trading of aluminum, steel, and zinc—sectors tightly linked to Vietnam’s booming construction and infrastructure sectors. It also engages in machining, metal treatment, freight transport, and metal ore wholesale, providing vertical integration across its value chain.

General Director Phan H. V., who also holds a significant equity stake (18.89%), leads the company with a clear entrepreneurial vision. The largest shareholder, Nguyen M. P., owns 80% of the company, ensuring strong domestic ownership. Despite its young age, VTS STEEL MANUFACTURING, TRADING & SERVICE JOINT STOCK COMPANY has positioned itself as a dynamic and ambitious player in the steel manufacturing sector, with robust financial backing and a rapidly growing business footprint in Vietnam.