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Report No. : |
307656 |
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Report Date : |
28.02.20158 |
IDENTIFICATION DETAILS
|
Name : |
TU GIA VI ONE MEMBER CO LTD |
|
|
|
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Registered Office : |
45 Hai Thuong Lan Ong St Ward 10, District 5, Ho Chi Minh |
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|
|
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Country : |
Vietnam |
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|
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Date of Incorporation : |
29.12.2012 |
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|
|
|
Legal Form : |
Company Limited |
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|
|
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Line of Business : |
Trader of Food Products |
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|
|
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No. of Employee : |
5 |
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 |
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|
|
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Payment Behaviour : |
Unknown |
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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, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Vietnam |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
VIETNAM - ECONOMIC OVERVIEW
Vietnam is a densely-populated developing country that has
been transitioning from the rigidities of a centrally-planned economy since
1986. Vietnamese authorities have reaffirmed their commitment to economic modernization
in recent years. Vietnam joined the World Trade Organization in January 2007,
which has promoted more competitive, export-driven industries. Vietnam became
an official negotiating partner in the Trans-Pacific Partnership trade
agreement in 2010. Agriculture's share of economic output has continued to
shrink from about 25% in 2000 to less than 20% in 2013, while industry's share
increased from 36% to more than 42% in the same period. State-owned enterprises
account for about 40% of GDP. Poverty has declined significantly, and Vietnam
is working to create jobs to meet the challenge of a labor force that is
growing by more than one million people every year. The global recession hurt
Vietnam's export-oriented economy, with GDP in 2013 growing at 5%, the slowest
rate of growth since 1999. In 2013, however, exports increased by more than
12%, year-on-year; several administrative actions brought the trade deficit
back into balance. Between 2008 and 2011, Vietnam's managed currency, the dong,
was devalued in excess of 20%, but its value remained relatively stable in
2013. Hanoi has oscillated between promoting growth and emphasizing
macroeconomic stability in recent years. In February 2011, the government
shifted from policies aimed at achieving a high rate of economic growth, which
had stoked inflation, to those aimed at stabilizing the economy, through
tighter monetary and fiscal control. Although Vietnam unveiled a broad,
"three pillar" economic reform program in early 2012, proposing the restructuring
of public investment, state-owned enterprises, and the banking sector, little
perceptible progress has been made. Vietnam's economy continues to face
challenges from an undercapitalized banking sector. Non-performing loans weigh
heavily on banks and businesses.
|
Source
: CIA |
|
Organization Name |
: |
TU GIA VI ONE MEMBER CO LTD (1) |
|
Address |
: |
45 Hai Thuong Lan Ong St Ward 10, District 5, Ho Chi Minh |
|
Country |
: |
Vietnam |
|
Phone (S) |
: |
[+84] 8-38550191 |
|
Facsimile |
: |
[+84] 8-38550191 |
|
Primary Business Activity |
: |
Trader |
|
Key Industry |
: |
Food Products |
|
Registered Legal Address |
: |
45 Hai Thuong Lan Ong St Ward 10, District 5, Ho Chi Minh |
|
Operational Address |
: |
45 Hai Thuong Lan Ong St Ward 10, District 5, Ho Chi Minh |
|
Issuing Authority |
: |
Dept. of Planning & Investment - Ho Chi Minh |
|
License Number |
: |
0312104170 |
|
License Status |
: |
License exists - Normal. |
|
Legal Form - Category |
: |
Private Company with Limited Liability |
|
Legal Form |
: |
Company Limited |
|
Legal Form - Abbreviation |
: |
CO LTD |
|
Operational Status of Business |
: |
Normal |
|
Date of Registration |
: |
29 Dec, 2012 |
|
Employees |
: |
5 |
|
Capital |
: |
US$ 464,813 |
|
Note |
: |
(1) Legal status of
the English corporate name |
Key Person
|
Legal Title |
: |
Managing Director |
|
Name |
: |
Mr. Tran Van Bo |
|
Nationality |
: |
Vietnamese |
|
COMPANY
DIRECTORS |
||||||||||||
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|
REPUTATION |
|
Reference checking for the purpose of establishing TU GIA VI ONE MEMBER
CO LTD's reputation within the respective industry failed to reveal any
adverse information. |
NEGA-SCAN - ADVERSE
DATA MONITORING
|
DISHONORED CHECKS |
|
No Record Found |
|
DEBT |
|
No Record Found |
|
CIVIL LITIGATION |
|
No Record Found |
|
PERFORMANCE DEFAULTS |
|
No Record Found |
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ADVERSE LOCAL MEDIA COVERAGE /
ADVERSE FILING HISTORY |
|
No Record Found |
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CAPITAL (Currency: VND - Vietnam Dong) |
||||||
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Total number of shareholders |
: |
1 |
|
Total number of shares |
: |
n/a |
|
Currency |
: |
VND - Vietnam Dong |
|
No. |
Shareholders |
Country |
Shares |
||
|
Number |
Amount (VND) |
% |
|||
|
1 |
Mr. Tran Van Bo |
Vietnam |
n/a |
n/a |
100.00 |
|
Total |
n/a |
n/a |
100.00 |
||
Based on corporate statutory laws / regulations in Vietnam, there is no requirement
for public disclosure of Shareholders. In this case, the Shareholders
information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory
Authorities, it is not possible to verify the accuracy of data supplied and hence
is provided as reference ONLY.
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DOMESTIC SALES
& PURCHASES |
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PAYMENT TERMS |
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Selling |
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Purchasing |
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N/a
FINANCIAL STATEMENT – DETAILED
Based on the corporate laws of Vietnam, legal entities which are Private
Company with Limited Liability are not required to make public disclosure of
their annual financials. Therefore no financials are available for this entity.
|
Today's Exchange rate |
: |
|
|
Country |
: |
Vietnam |
|
Business Entity Name |
: |
TU GIA VI ONE MEMBER CO LTD |
|
Primary Business Activity |
: |
Trader |
|
Primary Industry |
: |
Food Products |
|
Office Contact Details |
||
|
Operating Address |
: |
45 Hai Thuong Lan Ong St Ward 10, District 5, Ho Chi Minh |
|
Tel |
: |
[+84] 8-38550191 |
|
Mobile |
: |
[+84]-935106196 |
|
Fax |
: |
[+84] 8-38550191 |
|
Tax / VAT Details |
||
|
Tax Issuing Authority |
: |
Ministry of Finance |
|
Local Name Used |
: |
Gia Trj Gia Tang (Value Added Tax) |
|
Acronym |
: |
GTGT / VAT |
|
GTGT / VAT Number |
: |
0312104170 |
Primary Products
|
Products /
Materials / Services Description |
Activity |
|
Beverages |
Trading |
|
Foods |
Trading |
|
Spices |
Trading |
|
SIC PRODUCT
CLASSIFICATION & ACTIVITY |
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HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY |
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CORE BUSINESS
DESCRIPTION |
|
Core Business |
|
The primary business focus of TU GIA VI ONE MEMBER CO LTD is Trading -
Finished products. Foods Beverages Spices |
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BANK DETAILS |
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OFFICE &
FACILITIES |
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The following information relates to the Business Entity's office as
listed above: |
|||||||||||||||
|
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.79 |
|
|
1 |
Rs.95.42 |
|
Euro |
1 |
Rs.69.29 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.