|
Report Date : |
27.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
vietnam agritech company limited |
|
|
|
|
Registered Office : |
422-424 Ung Van Khiem, Ward 25, Binh Thanh Distriac, Ho Chi Minh |
|
|
|
|
Country : |
Viet Nam |
|
|
|
|
Year of Establishment : |
2010 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Manufacturer of Rice Reaper, Paddy Reaper, Wheat Reaper,
Rice Huller, Rice Polisher, Rubber Rolls, Kubota Diesel Engines, Yanmar
Diesel Engines, Power Tillers, Two Wheels Tractors, Rice Mills, Water Pumps,
Generators, diesel engine, tiller. |
|
|
|
|
No. of Employees : |
Approximately 1000 People |
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Viet Nam |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
vietnam agritech company limited
Address:
422-424 Ung Van Khiem, Ward 25, Binh Thanh Distriac, Ho Chi Minh, Viet
Nam
Tel. No.: 84-8-62584976
Fax No.: 84-8-5129592
Web Site: http://vietnam-agritech.en.ywsp.com
Year of Establishment : 2010
No. of Employee: Approximately 1000 People
VIETNAM AGRITECH CO., LTD has been merged between two State-owned
companies VIKYNO CO., LTD (Established in 1967) and VINAPPRO CO., LTD
(Established in 1968) under The Ministry of Industry and Trade of Vietnam. They
are the top-class manufacturer of compact diesel engines (from 5hp-35hp) and
agricultural machinery in Vietnam. They are also famous for being the first
manufacturer to receive the Top One (1) Labour Medal from the Prime Minister
and the President of Vietnam, together with many other value awards from the
Government of Vietnam for manufacturing engines under 35 HP and other
agricultural machinery.
Today, VIETNAM AGRITECH CO., LTD is not only interested in manufacturing a high
power density engine, but is seriously pursuing ways to develop an engine that
is both people and environment friendly. This concept is at work in every stage
of an engine's development from R&D, design, production, delivery, to
after-sales service. VIKYNO & VINAPPRO engines comprehensive strength can
be seen in their cleaner emissions and the ability to readily match most any
engine and agricultural machinery requirements a customer needs.
Ever since the founding of the company in 1967 (VIKYNO) and in 1968 (VINAPPRO),
VIKYNO and VINAPPRO have been supported by KUBOTA and YANMAR for assembly of
diesel engines and agicultural machinery, VIETNAM AGRITECH CO., LTD has
continuously contributed to the progress of society through its manufacturing
activities and technological developments. In the 1990s, they strongly
developed and produced diesel engines to meet all the needs of people who
demanded for more powerful engines. Throughout the years, VIKYNO & VINAPPRO
have always produced the most technologically advanced engines possible under
KUBOTA & YANMAR technical support.
VIETNAM AGRITECH CO., LTD today, has its own brand name and has manufactured
predominantly high quality products for over 30 years. Its name is synonymous
with world-class quality.
Their main production:
- Diesel engines from 5HP-35HP (under KUBOTA and YANMAR license and technology
from Japan)
- Gasoline engines 5.5HP to 13HP
- Potheyr tillers (two-wheel tractors) from 7HP up to 26 HP
- High pressure centrifugal pump, self-priming centrifugal pump, centrigugal
pump.
- Water pumps fitted with gasoline engines (2 inches and 3 inches).
- Rice milling machines: Rice huller model HW60A, Rice polisher (capacity from
1000kgs to 2000kgs/hr)
- Rubber rolls for rice huller machine (cast iron and aluminum drum) from 4
inches, 6 inches, 8 inches and 10 inches. (brown and ivory colour).
- Rice reapers under KUBOTA design fitted with Honda gasoline engine GX200
(6.5HP).
- Generators powered by diesel engines and gasoline engines (from 3KVA-15KVA)
- KUBOTA and YANMAR engines spare parts.
All the products of VIETNAM AGRITECH CO., LTD conform to renowned standards and
its range of items are ISO 9001:2008 AND ISO 14001:2004 Certified for its
quality and environment management system as duly accredited by DNV
Certification B.V., The Netherlands.
Dealer network and export: They have a wide distribution network with more than
100 major dealers throughout the country for domestic sales. For export
markets, their products are being exported to over 30 countries in the World
such as Malaysia, The Philippines, Indonesia, Thailand, Myanmar, Cambodia,
Laos, Sri Lanka, India, Japan, Korea, Iran, Iraq, and the United Arab Emirates,
Yemen, Nigeria, Benin, Madagascar, Canada, Haiti, Panama, Chile, Brazil,
Guatemala, Dominican Republic etc.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.06 |
|
|
1 |
Rs.77.19 |
|
Euro |
1 |
Rs.65.57 |
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
unfavtheirable 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 theyighted scores obtained from each of the major sections of this report.
The assessed factors and their relative theyights (as indicated through %) are
as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.