MIRA INFORM REPORT

 

 

Report Date :

01.07.2011

 

IDENTIFICATION DETAILS

 

Name :

THIEN HANH MEDICAL EQUIPMENT AND SERVICE TECHNOLOGY COMPANY LIMITED

 

 

Registered Office :

103 Nhat Chi Mai Str, Ward 13 - Tan Binh District - Ho Chi Minh City

 

 

Country :

Vietnam

 

 

Date of Incorporation :

04.12.2008

 

 

Com. Reg. No.:

0306280298

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

specialized in trading machine: photometer machine, urine analysis machine, E.C.G machine, fully automated biochemical analysis machine, X-ray machine and ultrasound machine. It also trades chemical, equipment and spare parts using in laboratory.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Viet Nam

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 SUBJECT IDENTIFICATION & LEGAL FORM

 

Registered English Name

 

THIEN HANH MEDICAL EQUIPMENT AND SERVICE TECHNOLOGY COMPANY LIMITED

Registered Vietnamese Name

 

CONG TY TNHH THIET BI Y TE VA DICH VU CONG NGHE THIEN HANH

Type of Business

 

Limited liability company

Year Established

 

2008

Business Registration No.

 

0306280298

Date of Registration

 

04 Dec 2008

Place of Registration

 

Business Registration Office of Hochiminh city

Current registered capital

 

4,800,000,000 VND

Tax code

 

0306280298

Total Employees

 

25

 

Note: The given name “THIEN HANH MEDICAL EQUIP AND SERVICE TECHNOLOGY COMPANY LIMITED” is not correct

 

ADDRESSES

 

Head Office

Address

 

103 Nhat Chi Mai Str, Ward 13 - Tan Binh District - Ho Chi Minh City - Vietnam

Telephone

 

(84-8) 38101569

Email

 

thienhanhmedic@gmail.com

Website

 

www.thienhanhmedic.com

 

Representative office in Ha Noi

Address

 

41/47 Khuong Trung Str - Thanh Xuan District - Ha Noi City - Vietnam

Telephone

 

(84-4) 66747938

 

 

 

 

DIRECTORS

 

1. NAME

 

Mr. LE VAN DAC

Position

 

Director

Date of Birth

 

02 Mar 1978

ID Number/Passport

 

162186875

ID Issue Date

 

18 Aug 2008

ID Issue Place

 

Police station of Nam Dinh province

Resident

 

11 Nguyen Huy Dien Str, Ward 7 - Go Vap District - Ho Chi Minh City - Vietnam

Nationality

 

Vietnamese

Tel/Mobil phone

 

++ 84 937 50 1000

 

2. NAME

 

Ms. PHUNG THI HONG NGOC

Position

 

Chief Accountant

Nationality

 

Vietnamese

Tel/Mobil phone

 

++84 973 576 945

 

 

BUSINESS NATURE AND ACTIVITIES

 

The subject is specialized in trading machine: photometer machine, urine analysis machine, E.C.G machine, fully automated biochemical analysis machine, X-ray machine and ultrasound machine. It also trades chemical, equipment and spare parts using in laboratory.

 

 

IMPORT & EXPORT ACTIVITIES

 

IMPORT:

·         Types of products

 

Product and equipment

·         Market

 

Middle East, China, USA, Germany and Korean

 

EXPORT:

·         Types of products

 

N/A

 

BANKERS

 

DONG A COMMERCIAL JOINT STOCK BANK CONG HOA BRANCH

Address

 

No.218 - Cong Hoa Street, Ward 12 - Tan Binh District - Ho Chi Minh City - Vietnam

Telephone

 

(84-8) 3811 7901 - 3845 3378

Fax

 

(84-8) 3811 8094

 

 

SHAREHOLDERS

 

1. NAME

 

Mr. LE HUY DON

ID Number/Passport

 

162611962

Resident

 

Hamlet 14, Giao An commune - Giao Thuy District - Nam Dinh Province - Vietnam

Nationality

 

Vietnamese

Value of shares

 

1,440,000,000 VND

Percentage

 

30%

 

2. NAME

 

Mr. LE VAN DAC

Position

 

Director

Date of Birth

 

02 Mar 1978

ID Number/Passport

 

162186875

Issued on

 

18 Aug 2008

Issued Place

 

Police station of Nam Dinh province

Resident

 

11 Nguyen Huy Dien Str, Ward 7 - Go Vap District - Ho Chi Minh City - Vietnam

Mobile phone

 

++ 84 937 50 1000

Nationality

 

Vietnamese

Value of shares

 

3,360,000,000 VND

Percentage

 

70%

 

 

 

 

 

FINANCIAL DATA

 

 

Not available!

 

PAYMENT HISTORY & PERFORMANCE EXPERIENCES

 

Trade Morality

 

Normal

Liquidity

 

N/A

Payment status

 

N/A

Financial Situation

 

Average

Development trend

 

Developing

Litigation data

 

No Record

Bankruptcy

 

No Record

Payment Methods

 

T/T

Sale Methods

 

Retailer and Wholesaler

Public opinion

 

N/A

 

 

 

 

INTERPRETATION ON THE SCORES

 

THIEN HANH MEDICAL EQUIPMENT AND SERVICE TECHNOLOGY COMPANY LIMITED was established in 2008. Its head office is at No. 103 Nhat Chi Mai Str, Ward 13 - Tan Binh District - Ho Chi Minh City – Vietnam. Besides, it has a representative office at No.41/47 Khuong Trung Str - Thanh Xuan District - Ha Noi City – Vietnam. In next year, this office will be branch of subject.

The subject is specialized in trading machines: photometer machine, urine analysis machine, E.C.G machine, fully automated biochemical analysis machine, X-ray machine and ultrasound machine. It also trades chemical, equipment and spare parts using in laboratory. Products of subject are imported from Middle East, China, USA, Germany and Korean. The subject plans to process some kinds of machines in future (these products will be registered trademark). Main operation markets of subject are in Hochiminh and Hanoi cities.

The subject’s premises and facilities are normal. Director of subject has created business relations with many foreign partners. Currently, the subject is operating normally. Its financial situation is average. The subject has capacity to meet small financial commitments.

 

 

 

------------ APPENDIXES  ----------

INDUSTRY DATA

 

Industry code

Growth speed (%)

Total employees 2009 (Thousand)

Total enterprises

Annual average capital of enterprises

Predict 2010

2009

Agriculture, Forestry and Fishing

2.8

3.0

24,788.5

2,399

50,530

Trade and Services

7.5

11

10,517.9

79,181

1,754,973

Construction

7

11.3

2,692.8

17,783

248,268

Manufacturing

12

7.6

7,591.2

30,786

967,068

 

ECONOMIC INDICATORS

 

 

2010 

2009 

2008 

Population (Million person)

86.93

86.02

86.1

Gross Domestic Products (US$ billion)

102.2

91

84.9

GDP Growth (%)

6.78

5.32

6.2

GDP Per Capita (US$)

1,160

1,080

1,040

Inflation (% Change in Composite CPI)

11.75

6.88

24.4

 

SERVICE TRADE PERFORMANCE

 

Billion USD 

2010 

2009 

2008 

Exports

71.6

56.6

62.9

Imports

84

68.8

76.6

Trade Balance

-12.4

-12.2

-14.6

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.72

UK Pound

1

Rs.71.95

Euro

1

Rs.64.79

 

 

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

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

--

NB

                                       New Business

 

--

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.