MIRA
INFORM REPORT
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Report Date : |
17.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
ADG NATIONAL INVESTMENT & TECHNOLOGY DEVELOPMENT CORP |
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Formerly Known As : |
CONG TY CO PHAN THUONG MAI VA CONG NGHE MOI ANH DUONG |
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Registered Office : |
91 Trung Kinh St Trung Hoa Ward Cau Giay
Dist Hanoi, |
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Country : |
Vietnam |
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Date of Incorporation : |
06.09.2006 |
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Com. Reg. No.: |
0103013755 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Import and Local Distribution of Network Equipments |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Maximum Credit Limit : |
USD 3,000 |
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Status : |
Small Company |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
NAME AND ADDRESS OF THE
COMPANY
ADG
NATIONAL INVESTMENT & TECHNOLOGY DEVELOPMENT CORP
91 TRUNG KINH ST TRUNG HOA WARD
CAU GIAY DIST HANOI, VIETNAM
TEL: 0084-4-7832173 FAX: 0084-4-7832179
EXECUTIVE SUMMARY
INCORPORATION DATE :
SEPTEMBER 6, 2006
REGISTRATION NO. :
0103013755
CHIEF EXECUTIVE :
TRAN THI THU THUY (DIRECTOR)
STAFF STRENGTH :
60
CAPITAL :
US$ 148,758
BUSINESS LINE :
IMPORTER
TURNOVER :
N/A
EQUITIES :
N/A
PAYMENT :
FAIR
RECOMM. CREDIT RANGE : UP TO
USD 3,000
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
VND 16,008.00 = US$1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
VND –Vietnam Dong
*Company Name*
==============
Incorporated as : CONG TY CO PHAN THUONG MAI VA CONG
NGHE MOI ANH DUONG
Date of incorporation : 6
September, 2006
Changed name to : ADG
NATIONAL INVESTMENT & TECHNOLOGY DEVELOPMENT CORP
Date of change : 30
July, 2007
Also known by the following names:
- CONG TY CO PHAN DAU TU VA PHAT TRIEN CONG NGHE QUOC GIA ADG (Native
Name)
- ANH DUONG TRADING & ADVANCED TECHNOLOGY CORP (English Name)
*Capital Details*
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Paid-up capital : VND 2,400,000,000.00
*Office & Facilities*
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Previous Contact Details
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Address : 71 To Hien Thanh St Le Dai Hanh Ward Hai
Ba Trung Dist, Hanoi City
Date of relocation : March 2007
Note : The given tel no (4-9781418) and given fax no (4-9781419) of the
company in the inquiry do not exist.
*Reputation*
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Due to the recent incorporation of the firm, and the relatively small
nature of it's business, no meaningful points of reference in terms of
reputation within the respective industry was possible.
Web
site: www.adg.vn The design is professional and the content is well organized. At
present it is both in Vietnam and English versions.
Email : huyen.nghiem@adg.vn
For the past one year there is no record of litigation.
*Major Shareholders*
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Shareholders' Name % of Shares
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Tran Thi Thu Thuy 90.00
Undisclosed Shareholder 10.00
*Director's Details*
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Tran Thi Thu Thuy
Year of birth : 1972
Education : With University Education
*COMPANY MANAGEMENT*
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Name Nationality
Job Description
Ms. Nghiem Thu Huyen Vietnamese
Chief Accountant
Mr. Nguyen Duc Hung Vietnamese
Deputy Director
Mr. Tran Manh Hai Vietnamese
Deputy Director
Ms. Pham Thi Thanh Tam Vietnamese
Deputy Director
*Key Personnel*
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Tran Manh Hai
Year of birth : 1974
Education : With University
Education
Nguyen Duc Hung
Year of birth : 1974
Education : With University
Education
Nghiem Thu Huyen
E-mail :
huyen.nghiem@adg.vn
Year of birth : 1980
Education : With University
Education
Pham Thi Thanh Tam
Year of birth : 1959
Education : With University
Education
*Main Products & Services*
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Specializes in the import and
local distribution of network equipments.
Products : Network equipment
*Payment Terms*
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Sales
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Local : Cash or Credit
Purchases
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Import : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
*Local Distribution Network*
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100% of the annual turnover is attributed to local sales.
*Imports*
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100% of the products are imported.
*Export Markets*
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There is no record of export since the prime focus of the firm's
activity is concentrated on local sales only.
*LOCAL BRANCHES & MANAGEMENT*
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Branch : ADG NATIONAL INVESTMENT & TECHNOLOGY DEVELOPMENT CORP
(REPRESENTATIVE OFFICE) - HO CHI MINH
Branch Address : 74/22-24-26 Su Van Hanh St Ward 12 District 10, Ho Chi
Minh,
Branch Tel : [+84] 8-8624518
Branch Fax : [+84] 8-8624519
PAYMENT RATING : 4 OBTAINED SCORES :
3
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Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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2 |
Scores 75 – 84 |
Above Average |
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3 |
Scores 50 – 74 |
Average |
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4 |
Scores 35 – 49 |
Fair |
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5 |
Scores 15 – 34 |
Below Average |
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6 |
Scores 01 – 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the
payment pattern of SC based upon our Payment Database, comments from suppliers of
SC, information from banks (if available), as well as industrial sources.
Dealings on open terms may be possible for SMALL amounts
depending on individual judgement experience.
*Bank Details*
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Bank Name : HANOI BUILDING
COMMERCIAL JOINT STOCK BANK (HABUBANK)
Branch : Ba Dinh,
Hanoi
Branch Address : Mefrimex Bldg B7 Giang Vo St Ba Dinh Hanoi (Head
Office)
SWIFT Code : HBBHVNVN
As a joint stock company there is no legal requirement according to local
corporate law for public disclosure of detailed financials.
Additionally as the company was only established one (1) year ago no
financials have been lodged.
SC is considered small-sized in its line with a short history. Credit
dealings with SC should be confined into small amount at present.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Importing 3679 Electronic components
Importing 5065 Electronic Parts/Equip, NEC
Trading 3679 Electronic
components
Trading 5065
Electronic Parts/Equip,
NEC
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Importing 8527904000 Other articles designed for connection to
telegraphic or telephonic
apparatus
or instruments or networks
Importing 8542 Electronic integrated circuits
& microassembl, parts
Importing 8542500000 Electronic integrated circuits and
microassemblies
Trading 8527904000 Other
articles designed for connection to telegraphic or telephonic
apparatus
or instruments or networks
Trading 8542 Electronic
integrated circuits & microassembl, parts
Trading 8542500000 Electronic
integrated circuits and microassemblies
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Importing from Asia
Importing
from Europe
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)