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Report Date : |
21.07.2012 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Quarter 5 Tran Quang Dieu Ward, |
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Country : |
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Date of Incorporation : |
16.01.2005 |
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Com. Reg. No.: |
3513000083 |
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Legal Form : |
Branch of a Private Company |
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Line of Business : |
Manufacturing granite stone, import and export granite stone,
materials and machinery. |
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No. of Employees : |
300 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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 – September 30, 2011
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Translated English Name |
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|
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Vietnamese Name |
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XI NGHIEP 380 - CHI NHANH CONG TY CO PHAN PHU TAI |
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Type of Business |
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Branch |
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Year Established |
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2005 |
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Business Registration No. |
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3513000083 |
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Date of Registration |
|
16 Jan 2005 |
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Place of Registration |
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Planning and Investment Department of |
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Chartered capital |
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N/A |
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Status |
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Unlisted |
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Tax code |
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4100259236-001 |
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Total Employees |
|
300 |
|
Size |
|
Medium |
|
Note: The correct
name of the subject is as above, not as given one ( The subject is branch of
PHU TAI JOINT STOCK COMPANY, so it does not have chartered capital. |
||
|
Head Office |
||
|
Address |
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Quarter 5 Tran Quang Dieu Ward, |
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Telephone |
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(84-56) 3841 105/ 3841 296 / 3841 302 |
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Fax |
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(84-56) 3841 302 |
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Email |
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Note: Its full fax number is as above. |
||
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1. PARENT COMPANY - PHU TAI JOINT STOCK COMPANY |
||
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Business Registration |
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3503000054 |
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Date of Registration |
|
15 Jun 2010 |
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Place of Registration |
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Binh Dinh Department of Planning and Investment |
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Registered Capital |
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85,997,600,000 VND |
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Tax code |
|
4100259236 |
|
Address |
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Phu Tai Building No 278, Nguyen Thi Dinh Str,, Qui Nhon City, Binh
Dinh Province, Vietnam |
|
Tel |
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(84-56) 847668 |
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Fax |
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(84-56) 847556 |
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Website |
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1. NAME |
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Mr. LE VAN THAO |
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Position |
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Director |
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Date of Birth |
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10 Oct 1971 |
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Resident |
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Dieu Tri Town, Tuy Phuoc District, Binh Dinh
Province, Vietnam |
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Nationality |
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Vietnamese |
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The subject specialized in manufacturing granite stone, import and
export granite stone, materials and machinery. |
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IMPORT: |
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Types of products |
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Materials |
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Market |
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EXPORT: |
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|
Types of products |
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Granite stone |
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Market |
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1. BANK FOR INVESTMENT AND DEVELOPMENT OF |
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Address |
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Km 1230, 1A Highway Phu Tai, Tran Quang Dieu Ward, |
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Telephone |
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(84-56) 3741103 |
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Fax |
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(84-56) 3741007 |
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1. NAME |
|
PHU TAI JOINT STOCK COMPANY |
|
Business Registration |
|
3503000054 |
|
Date of Registration |
|
15 Jun 2010 |
|
Place of Registration |
|
Binh Dinh Department of Planning and Investment |
|
Registered Capital |
|
85,997,600,000 VND |
|
Tax code |
|
4100259236 |
|
Address |
|
Phu Tai Building No 278, Nguyen Thi Dinh Str., Qui Nhon City, Binh Dinh
Province, Vietnam |
|
Tel |
|
(84-56) 847668 |
|
Fax |
|
(84-56) 847556 |
|
Email |
|
phutaico@dng.vnn.vn |
|
Website |
|
www.phutai.com.vn |
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Percentage |
|
100% |
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N/A |
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Trade Morality |
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Fair |
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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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Average |
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Development trend |
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N/A |
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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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LC,TT |
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To contracts |
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The subject was established in 2005. Currently, the subject is
operating under the business registration No. 3513000083, and the tax code No.
4100259236-001. As a branch, the subject does not register independent
capital in legal form. The subject specializes in manufacturing granite stone, import and
export granite stone, materials and machinery. The premises and facilities of
the subject are fairly good. The subject’s head office is located at Quarter
5 Tran Quang Dieu Ward, As a branch, the subject does not make independent financial
statements. According to Mr. Hien, chief accountant, the subject has afforded
to meet contracts with large value, about USD 125,000. In conclusion, thanks for support of parent company, the subject is
operating steadily and rather busy. It can satisfy the small-medium financial
commitments. |
|
Industry code |
Growth speed by price compared with 1994 (%) |
Total enterprises 2009 |
Total employees 2010 (Thous.pers.) |
Annual average capital of enterprises 2009 (billion dongs) |
|
|
2011 |
2010 |
||||
|
Agriculture, Forestry and Fishing |
4.00 |
2.78 |
8,749 |
23,896.3 |
81,559 |
|
Industry and Construction |
5.53 |
7.70 |
85,115 |
10,630 |
2,751,975 |
|
Trade and Services |
6.69 |
7.52 |
154,978 |
14,522 |
4,939,069 |
|
|
2011 |
2010 |
2009 |
|
Population (Million
person) |
87.84 |
86.93 |
86.02 |
|
Gross Domestic Products
(USD billion) |
119 |
102.2 |
91 |
|
GDP Growth (%) |
5.89 |
6.78 |
5.32 |
|
GDP Per Capita
(USD/person/year) |
1,300 |
1,160 |
1,080 |
|
Inflation (% Change in
Composite CPI) |
18.58 |
11.75 |
6.88 |
|
State Budget Deficit
compared with GDP (%) |
4.9 |
5.8 |
6.9 |
|
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Billion USD |
2011 |
2010 |
2009 |
|
Exports |
96.3 |
72.2 |
57.1 |
|
Imports |
105.8 |
84.8 |
69.9 |
|
Trade Balance |
-9.5 |
-12.6 |
-12.8 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
|
1 |
Rs.86.58 |
|
Euro |
1 |
Rs.67.60 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.