MIRA INFORM REPORT
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Report Date : |
19.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
VIET THAI INTERNATIONAL COMPANY LIMITED |
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Registered Office : |
No. 25, Group 5, Tan Thoi Nhat 8 Str, Tan Thoi Nhat Ward, Dist 12,
Hochiminh City |
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Country : |
Vietnam |
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Year of Establishment : |
2003 |
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Com. Reg. No.: |
No. 4104000076 |
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Legal Form : |
One-Member Limited
Liability Company |
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Line of Business : |
Planting Coffee Tree, Processing, Trading in kinds of Coffee, Agricultural and Aquatic Products. |
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 500,000 |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
SUBJECT IDENTIFICATION &
LEGAL FORM
Registered
English Name
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VIET THAI INTERNATIONAL
COMPANY LIMITED
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Registered Vietnamese Name |
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CONG
TY TNHH VIET THAI QUOC TE |
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Registered Trade Name |
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VIETTHAI
INTERNATIONAL COMPANY LIMITED |
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Registered Abbreviate Name |
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VTI
CO., LTD |
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Founded |
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2003 |
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Type of Business |
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One-Member Limited Liability Company |
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Business registration |
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No. 4104000076 |
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Issued on |
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December 15th 2003 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Registered Capital |
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1,500,000,000 VND |
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Tax Code |
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0303150325 |
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Total Employees |
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500 employees of the whole company |
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Note:
We were not found company name COFFEE
ALLIANCE LTD (given by client). The given
address (1/F Saigon Center Tower, 29 Le Duan Blvd, Dist 1, Hochiminh City),
is the address of Highlands Coffee (belonged to Viet Thai International
Company Limited). So, we made report on Viet Thai International Company
Limited. |
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ADDRESSES
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Transaction
Office |
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New Address |
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No. 135/37/50 Nguyen Huu Canh Str, Ward
22, Binh Thanh Dist, Hochiminh City |
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Old
Address |
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Security
Exchange Tower, No 1 Nam Ky Khoi Nghia Str, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 512 7355, 512 7352, 512 7614, 512
7803, 512 7357, 512 7360 |
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Fax |
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(84-8) 512 7358 |
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Email |
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Website |
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Factory’s
Location & Registered Head Office |
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Address |
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No. 25, Group 5, Tan Thoi Nhat 8 Str, Tan
Thoi Nhat Ward, Dist 12, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 501 4771, 501 4770 |
BRANCHES
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1.
BRANCH NO. 1: |
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Address |
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E Block, Floor 2, Tax Business-Quarter, No.
135, Nguyen Hue Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 914 3634 |
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Business registration |
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No. 4114015229 |
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Issued on |
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June 10th 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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2.
BRANCH NO. 2: |
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Address |
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E Block, Floor 3, Tax Business-Quarter,
No. 135, Nguyen Hue Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 914 4991 |
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Business registration |
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No. 4114015228 |
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Issued on |
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June 10th 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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3.
BRANCH NO. 3: |
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Address |
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E Block, Floor 4, Tax Business-Quarter, No.135,
Nguyen Hue Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114015227 |
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Issued on |
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June 10th 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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4.
BRANCH NO. 4: |
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Address |
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No. 235, Dong Khoi Str, Ben Nghe Ward,
Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 824 5065 |
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Business registration |
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No. 4114015098 |
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Issued on |
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May 28th 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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5.
BRANCH NO. 5: |
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Address |
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Kiosk 3198, Floor 1, Diamond Plaza, No. 34
Le Duan Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 900 0779 |
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Business registration |
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No. 4114015280 |
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Issued on |
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June 17th 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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6.
BRANCH NO. 6: |
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Address |
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Kiosk 1&2, C1-3 Lot, Phu My Hung Town,
Tan Phu Ward, Dist 7, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114016501 |
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Issued on |
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November 2nd 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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7.
BRANCH NO. 7: |
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Address |
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No. 7 Lam Son Str, Ben Nghe Ward, Dist 1, Hochiminh
City |
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Country |
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Vietnam |
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Business registration |
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No. 4114017128 |
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Issued on |
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January 10th 2005 |
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By |
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Planning and Investment Department of
Hochiminh City |
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8.
BRANCH NO. 8: |
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Address |
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Kiosk 30338, Floor 3, Diamond Plaza, No.
34 Le Duan Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114019276 |
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Issued on |
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August 25th 2005 |
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By |
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Planning and Investment Department of
Hochiminh City |
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9.
BRANCH NO. 9: |
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Address |
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No. 37 Ton Duc Thang Str, Ben Nghe Ward,
Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114015952 |
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Issued on |
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September 3rd 2004 |
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By |
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Planning and Investment Department of
Hochiminh City |
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10.
BRANCH NO. 10: |
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Address |
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Ground Floor, Store 15, No. 202B Hoang Van
Thu Str, Ward 9, Phu Nhuan Dist, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4112028937 |
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Issued on |
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August 15th 2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 844 7802 |
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11.
BRANCH NO. 11: |
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Address |
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Parkson Plaza, No. 35 Bis 45 Le Thanh Ton Str,
Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114021607 |
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Issued on |
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April 6th 2006 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 844 7802 |
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12.
BRANCH NO. 12: |
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Address |
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Sai Gon Center, Suite 2&3, No. 65 Le
Loi Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114022191 |
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Issued on |
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May 22nd 2006 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 914 3282 |
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13.
BRANCH NO.13: |
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Address |
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Suite 6&3, No. 39 Le Loi Str, Ben Nghe
Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114022194 |
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Issued on |
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May 22nd 2006 |
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By |
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Planning and Investment Department of
Hochiminh City |
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14.
BRANCH NO. 14: |
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Address |
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No.
151-153-155 Le Thanh Ton Str, Ben Thanh Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114023184 |
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Issued on |
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August 2nd 2006 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 825 7872 |
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15.
BRANCH NO. 15: |
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Address |
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An Dong Plaza,
Ground Floor, No. 18 An Duong Vuong Str, Dist 5, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114026301 |
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Issued on |
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February 26th
2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 8323288 (EXT:2294) |
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16.
BRANCH NO. 16: |
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Address |
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No. 91 Nguyen
Huu Canh Str, Binh Thanh Dist, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114026312 |
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Issued on |
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February 26th 2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 514 2198 |
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17.
BRANCH NO.17: |
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Address |
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Ground Floor,
Etown Building, No. 364 Cong Hoa, Tan Binh Dist, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114026490 |
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Issued on |
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March 14th
2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 812 5631 |
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18.
BRANCH NO. 18: |
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Address |
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Floor 1st Saigon Tower, No. 29 Le
Duan Str, Ben Nghe Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114026492 |
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Issued on |
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March 14th 2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 824 1380 |
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Notes |
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The
given address by client is of this branch. |
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19.
BRANCH NO. 19: |
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Address |
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Suite 1058
& 1059, Floor 01st, Thuan Kieu Plaza, No. 126 Hung Vuong Str,
Dist 5, Hochiminh City |
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Country |
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Vietnam |
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Business registration |
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No. 4114028434 & No. 4114028435 |
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Issued on |
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July 12th 2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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Tel |
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(84-8) 222 0272 |
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20.
BRANCH NO. 20: |
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Address |
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No. 69 Ly Tu
Trong Str, Ben Thanh Ward, Dist 1, Hochiminh
City |
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Country |
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Vietnam |
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Business registration |
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No. 4114028931 |
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Issued on |
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August 15th 2007 |
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By |
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Planning and Investment Department of
Hochiminh City |
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21.
BRANCH NO. 21: |
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Address |
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No.159-163 Thuy
Van Str, Vung Tau City |
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Country |
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Vietnam |
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Business registration |
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No. 4914000024 |
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Issued on |
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June 25th 2007 |
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Tel |
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(84-64) 526 311 |
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By |
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Planning and Investment Department of Ba
Ria Vung Tau Province |
DIRECTORS
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1.
NAME |
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Mr.
THAI PHI DIEP (DAVID PHI THAI) |
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Position |
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General Director |
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Year of birth |
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1972 |
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I.D No |
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073916607 |
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Current Resident |
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Hochiminh City, Vietnam |
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Nationality |
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Overseas Vietnamese |
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Email |
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2.
NAME |
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Mr.
LE THAI ANH |
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Position |
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Managing
Director |
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Year of birth |
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1973 |
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I.D No |
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011689780 |
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Resident |
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No. 2, Thuy Khue Str, Thuy Khue Ward, Tay
Ho Dist, Hanoi City |
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Current Resident |
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Hochiminh City, Vietnam |
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Nationality |
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Vietnamese |
BUSINESS NATURE AND ACTIVITIES
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The subject registers and operates in the following business
activities: Planting coffee tree, processing, trading
in kinds of coffee, agricultural and aquatic products. Trading in foodstuff Agent for goods consignment and trading Services in science and technology in
computer electronics field Producing, installing hardware and
software of computer Trading in agricultural, industrial,
building materials Agricultural consulting services Providing promotion services Trading in restaurants Trading in alcohol, tobacco Leasing office, house, warehouse Trading in food, foodstuff, beverage Trading in franchise stores Management consulting and labor supply
services Trading in relax services |
IMPORT & EXPORT ACTIVITIES
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IMPORT: The subject imports most equipment from USA and materials from
Thailand. |
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EXPORT: The subject products has been exported to EU and America |
BANKERS
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1. HONGKONG SHANGHAI BANK CORPORATION (HSBC) |
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Address |
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No. 235 Dong Khoi Str, Ben Nghe Ward, Dist
1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 829 2288 |
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Fax |
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(84-8) 823 0530 |
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Swift |
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HSBCVNVX |
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2.
BANK FOR INVESTMENT & DEVELOPMENT OF VIETNAM- HCM CITY BRANCH |
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Address |
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No.171-175 Ham Nghi Str, Nguyen Thai Binh
Ward, Dist 1, Hochiminh City |
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Country |
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Vietnam |
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Tel |
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(84-8) 914 1121 |
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Fax |
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(84-8) 821 6719 |
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Swift |
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BIDVVNVX310 |
SHAREHOLDER(S)
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The
Subject is a one-member liability limited company. Its parent is a
joint-stock company as follows: |
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NAME |
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VIETTHAI
INTERNATIONAL JOINT STOCK COMPANY |
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Vietnamese Name |
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CONG
TY CO PHAN VIET THAI QUOC TE |
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Abbreviated Name |
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VTI.,
JSC |
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Former Name |
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VIETTHAI
INTERNATIONAL COMPANY LIMITED |
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Current Address |
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No. 7, Block 13B, Trung Yen New Town Area,
Trung Hoa Ward, Hanoi City |
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Former Address |
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No. 38-40 Le Thai To Str, Hang Trong Ward,
Hanoi City |
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Country |
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Viet Nam |
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Tel |
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(84-4) 783 0644/5/6 |
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Fax |
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(84-4) 783 0604 |
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Email |
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Found |
|
1999 |
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Former Business registration |
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No. 073257 |
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Issued by |
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Planning and Investment Department Of
Hanoi City |
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Issued on |
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October 25th 1999 |
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Current Business registration |
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No. 0103001011 |
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Issued by |
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Planning and Investment Department Of
Hanoi City |
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Issued on |
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July 9th,
2002 |
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Registered Capital |
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12,000,000,000 VND |
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Shareholders |
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Mr. THAI PHI DIEP (DAVID PHI THAI) Mr. LE THAI ANH Mrs. TRAN MINH HANG |
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Registered Director |
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Mr. Thai Phi Diep (David Phi Thai) |
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Shares |
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100% |
FINANCIAL DATA
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The subject
financial statements are not available. Its revenue in the year 2007 was
about 40 billion VND. |
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PAYMENT HISTORY AND EXPERIENCES |
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Trade Morality |
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Fairly good |
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Liquidity |
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N/A |
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Payment status |
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N/A |
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Financial Situation |
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Above average |
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Development trend |
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Seem stable |
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Litigation data |
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No record |
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Bankruptcy |
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No record |
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Payment Methods |
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By cash or through the bank |
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Sale Methods |
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Directly to clients |
INTERPRETATION ON THE SCORES
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The Subject is a one-member liability limited company that was founded
in 2003. The subject is specializes in run the chain of “Highlands Coffee” stores
in Hochiminh city and Vung Tau. The subject trading in coffee, beverage,
food. Premises and facilities of the subject are standard. The subject
coffee store locating in high-grade trade centers. Competition of the subject
is strong. The management
capabilities are good. The general director and director of subject are
skillful and experienced persons. The subject has a workforce about 500
people. The subject has bright prospect of developing in the future. Note: the subject is only a subsidiary of Viet
Thai International Joint Stock Company. The subject is only in charge of
trading in the South Region so its data is short. |
|
Following is
information of its parent- Viet Thai International Joint Stock Company: Viet Thai International Joint Stock Company was established in 1999. Viet Thai International Joint Stock Company is a very
fast growing company in retailing, servicing and manufacturing coffee. Viet
Thai International Joint Stock Company owning a chain of Coffee Outlets
called “Highlands Coffee”. Recently, Viet Thai International Joint Stock
Company has set up about 50 Highlands Coffee Outlets nationwide. Viet Thai
International Joint Stock Company targets 100 Highlands Coffee Outlets in the
year 2008
Viet Thai International Joint Stock Company is a leader in providing
Quality Coffee Products and Services in/from Vietnam. Viet Thai International Joint Stock Company is also developing a
Consumer Goods division of Nike Retail & Distribution in Vietnam. In 2005, Viet Thai International Joint Stock Company
& Grey Global Group (Overseas Communication Company) had formed a Joint
Venture Company named Grey Vietnam. |
|
CREDIT INQUIRY:
500,000 USD, D/A |
|
Pls caution needed with close term. |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.71 |
|
UK Pound |
1 |
Rs.83.57 |
|
Euro |
1 |
Rs.65.90 |
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)