Western City Company Limited: A Rising Force in Vietnam’s Real Estate and Construction Market

Established in 2017, Western City Company Limited (Vietnamese name: CÔNG TY TNHH WESTERN CITY) has emerged as a dynamic player in Vietnam’s booming real estate and infrastructure sectors. Legally registered with the Ho Chi Minh City Department of Planning and Investment under Business ID 0314224378, this limited liability company has maintained an active status throughout its over 8 years of operation.

Headquartered at No. 60, Nguyen Dinh Chieu Street, District 1, Ho Chi Minh City, Western City is led by Mr. Nguyen Van Giao, its General Director, a Vietnamese national with deep experience in real estate and construction development. The company operates with a team of 12 employees and a paid-up charter capital of USD 29.52 million, equivalent to approximately VND 695.6 billion.

Western City Company specializes in real estate consultancy, brokerage, and auctioning, including land use right auctions. Additionally, the firm is involved in building construction, utility infrastructure, electrical installation, site preparation, plumbing, and architectural and engineering consultancy. Its diversified activities also span into wholesale trade of electronics, computers, household goods, and agricultural inputs.

Financially, 2023 was a breakthrough year. The company reported USD 145.18 million in sales, its first year of revenue generation. Its profit soared to USD 30.69 million, representing a staggering 1,814.67% increase over the previous year. Despite a 14.47% decline in assets to USD 203.2 million, equity rose to USD 30.3 million, and working capital stood strong at USD 27.57 million.

The company is 99.99% owned by An Gia Real Estate Investment and Development Corporation, a major Vietnamese developer. With a strategic location in Vietnam’s financial hub and expanding operations across construction and real estate, Western City Company Limited is poised for continued growth and market leadership.