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ZUELLIG PHARMA VIETNAM LTD.

Active

Business ID 0100915699

84-24 / 3875 2067

ZUELLIG PHARMA VIETNAM LTD.

Active

Business ID 0100915699

84-24 / 3875 2067

ZUELLIG PHARMA VIETNAM LTD.

Active

Summary

Name:

ZUELLIG PHARMA VIETNAM LTD.

Business ID (TIN):

0100915699

Date of Registration:

29 Mar 1999

Registered Office:

Ha Noi City Department of Finance

Address:

B3, Industrial Road 4, Sai Dong B Industrial Park, Long Bien Ward, Ha Noi City, Vietnam

Phone:

84-24 / 3875 2067

Financial Statement:

2020, 2021, 2022, 2023, 2024

ZUELLIG PHARMA VIETNAM LTD. (Công Ty TNHH Zuellig Pharma Việt Nam) is one of the most prominent foreign-invested enterprises (FDI) operating in Vietnam’s healthcare and pharmaceutical distribution sector. Founded in March 1999, this wholly owned subsidiary of Zuellig Pharma Pte Ltd. (Singapore) has built a solid presence over more than two decades. Registered under Business ID 0100915699, the company runs a broad operation that includes importing, distributing, marketing, and storing pharmaceutical products across Vietnam.

Headquartered in Hanoi’s Sai Dong B Industrial Park, Zuellig Pharma Vietnam employs over 1,300 staff and maintains major facilities and representative offices in both Hanoi and Ho Chi Minh City. It is led by Mr. Ludovic Pierre Jacques Henri Toulemonde, a French national who currently serves as General Director. The company’s charter capital stands at approximately USD 821,659, with nearly all of it fully paid up.

According to the company’s latest financial data, ZUELLIG PHARMA VIETNAM reported total assets of USD 253.1 million and revenue of USD 376 million in 2023. This marks the third consecutive year of decline in both revenue and asset base. From 2021 to 2023, sales dropped by 36%, while total assets fell nearly 50%. Such downward trends could raise concerns from a risk management perspective, especially in terms of long-term growth strategy and market competitiveness.

However, the company’s profitability tells a more optimistic story. Net profit surged nearly 197% year-on-year in 2023 to reach USD 2.89 million—despite the fall in revenue. This sharp increase suggests that Zuellig has implemented stronger cost controls, more efficient operations, or possibly refined its pricing and supply chain strategy. Owner’s equity has also grown steadily, reaching over USD 50 million in 2023, reinforcing the company’s financial stability and credibility in the market.

From a company credit report and financial risk assessment standpoint, Zuellig Pharma Vietnam reflects the profile of a mature enterprise undergoing a strategic realignment. The drop in revenue raises questions about market share, changing customer dynamics, or regulatory pressures. At the same time, the strengthening of its bottom line signals resilience and effective internal restructuring.

In summary, ZUELLIG PHARMA VIETNAM remains a key player in Vietnam’s pharmaceutical supply chain, with strong backing from its parent group in Singapore. While the company must address its revenue contraction and asset erosion, its improved profitability and solid equity base position it well for continued operations—especially if it sustains a focus on efficiency, compliance, and strategic market positioning. As always, stakeholders are advised to monitor updated financial data and risk metrics to support due diligence and long-term decision-making.

Legal Profile

English Name:

ZUELLIG PHARMA VIETNAM LTD.

Vietnamese Name:

CÔNG TY TNHH ZUELLIG PHARMA VIỆT NAM

Business ID (TIN):

0100915699

Date of Registration:

29 Mar 1999

Registered Office:

Ha Noi City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

DOAN H.H.T

Address:

B3, Industrial Road 4, Sai Dong B Industrial Park, Long Bien Ward, Ha Noi City, Vietnam

Phone:

84-24 / 3875 2067

Branch:

Lot 5, Road 2, Tan Tao Industrial Park, Tan Tao Ward, Ho Chi Minh City, Vietnam

Representative office:

10th Floor, E. Town Central Building, No. 11, Doan Van Bo Street, Xom Chieu Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4690 Non-specialized wholesale trade

NACE:

46.90 Non-specialised wholesale trade

Industry Sales Growth

CAGR (2019 - 2023)

2.67%

YoY (2023)

3.87%

Companies by industry

Company distribution and propportions

18,660

0.6418%

Key Industry Players

Top 10 companies in non-specialized wholesale trade industry

(translated name) saigon union of trading co-operatives mm mega market (vietnam) company limited zuellig pharma vietnam ltd. toshiba vietnam consumer products co. ltd brenntag vietnam company limited eb services company limited 3a nutrition (vietnam) company limited koizumi vietnam trading company limited msd hh vietnam ltd gsk pharma vietnam company limited

Payment History

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Financial Performance

Assets	25.07%
Owner’s Equity	64.28%
Working Capital	-5.08%
Net Worth	-58.27%
Sales	67.91%
Operating income	-38.45%
EBIT	84.26%
Gross Profit Margin	-80.92%
Debt to EBITDA	55.08%

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Specific Questions About ZUELLIG PHARMA VIETNAM LTD.

When did ZUELLIG PHARMA VIETNAM LTD. start operating?

ZUELLIG PHARMA VIETNAM LTD. was started in 29 Mar 1999

What industry does ZUELLIG PHARMA VIETNAM LTD. operate in?

ZUELLIG PHARMA VIETNAM LTD. is operating in "Non-specialized wholesale trade" industry

How can I contact ZUELLIG PHARMA VIETNAM LTD.?

ZUELLIG PHARMA VIETNAM LTD. phone numbers is 84-24 / 3875 2067

What adverse news is there about ZUELLIG PHARMA VIETNAM LTD.?

ZUELLIG PHARMA VIETNAM LTD.’s has no negative news

What is stock symbol of ZUELLIG PHARMA VIETNAM LTD.?

ZUELLIG PHARMA VIETNAM LTD. is not listed company

Where is the location of ZUELLIG PHARMA VIETNAM LTD.?

ZUELLIG PHARMA VIETNAM LTD. is located at B3, Industrial Road 4, Sai Dong B Industrial Park, Long Bien Ward, Ha Noi City, Vietnam

What is ZUELLIG PHARMA VIETNAM LTD.’s business registration?

ZUELLIG PHARMA VIETNAM LTD. business registration is 0100915699

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