MIRA INFORM REPORT

 

 

Report No. :

302687

Report Date :

19.01.2015

 

IDENTIFICATION DETAILS

 

Name :

DOMESCO MEDICAL IMPORT EXPORT JSC

 

 

Registered Office :

66 National Highway 30 My Phu Ward, Cao Lanh, Dong Thap

 

 

Country :

Vietnam

 

 

Financials (as on) :

December 2014

 

 

Date of Incorporation :

05.10.2009

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacturer of Medical Equipment & Pharmaceutical.

 

 

No. of Employee :

1,275

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No complaints

 

 

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

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

 

Organization Name

:

DOMESCO MEDICAL IMPORT EXPORT JSC

Address

:

66 National Highway 30 My Phu Ward, Cao Lanh, Dong Thap

Country

:

Vietnam

Phone (S)

:

[+84] 67-3859370

Facsimile

:

[+84] 67-3851270

Email

:

domesco@domesco.com

Website

:

http://www.domesco.com.vn

Primary Business Activity

:

Manufacturer

Key Industry

:

Medical Equipment & Pharmaceutical

 

 

DIRECTORS/MANAGEMENT

 

 

 Key Person

Legal Title

:

Chairman

Name

:

Mr. Nguyen Chi Thanh

Nationality

:

Vietnamese

 

 

COMPANY MANAGEMENT

 

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Ms. Luong Thi Huong Giang

Vietnamese

Managing Director

-

2

Mr. Nguyen Van Hoa

Vietnamese

Assist. Managing Director

-

3

Ms. Pham Ngoc Tuyen

Vietnamese

Chief Accountant

Finance

 

Management Details - 1

Personal Unique Identifier

:

MI03778874

Name

:

Ms. Luong Thi Huong Giang

 

Date of Birth

:

1967

Management Details - 2

Personal Unique Identifier

:

MI03778959

Name

:

Mr. Nguyen Van Hoa

 

Date of Birth

:

1967

Management Details - 3

Personal Unique Identifier

:

MI00713246

Name

:

Ms. Pham Ngoc Tuyen

 

Date of Birth

:

1969

 

 

 

COMPANY DIRECTORS

 

1

 

 

Personal Unique Identifier

:

MI03778960

Name

:

Mr. Nguyen Chi Thanh

Date of Birth

:

1972

 

Country

University / College name

Qualification

Major

Vietnam

n/a

Master's Degree

n/a

 

2

 

 

Personal Unique Identifier

:

MI03778874

Name

:

Ms. Luong Thi Huong Giang

Date of Birth

:

1967

 

 

NEGATIVE INFORMATION

 

REPUTATION

Reference checking for the purpose of establishing DOMESCO MEDICAL IMPORT EXPORT JSC's reputation within the respective industry failed to reveal any adverse information.

 

NEGA-SCAN - ADVERSE DATA MONITORING

 

DISHONORED CHECKS

 

No Record Found

 

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DEBT

 

No Record Found

 

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CIVIL LITIGATION

 

No Record Found

 

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PERFORMANCE DEFAULTS

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Capital

:

US$ 12,542,336

 

 

CAPITAL (Currency: VND - Vietnam Dong)

Authorized Capital

:

₫ 267,137,970,000

Paid-up Capital

:

₫ 178,093,360,000

Date

Authorized Capital - History

19 May, 1979

60,000,000,000

2005

80,000,000,000

2007

137,699,990,000

2009

178,093,360,000

2014

267,137,970,000

Date

Paid-up Capital - History

19 May, 1979

49,395,000,000

1994

137,699,990,000

5 Oct, 2009

178,093,360,000

 

SHAREHOLDERS

Total number of shareholders

:

Public shareholding traded via Stock Exchange

Total number of shares

:

n/a

 

Currency

:

VND - Vietnam Dong

 

No.

Shareholders

Country

Shares

Number

Amount (VND)

%

1

CFR INTERNATIONAL SPA

Chile

n/a

81,816,089,584

45.94

2

STATE CAPITAL INVESTMENT CORP

Vietnam

n/a

61,816,205,256

34.71

3

Public shareholding traded via Stock Exchange

n/a

n/a

34,461,065,160

19.35

Total

n/a

178,093,360,000

100.00

 

Today's Exchange rate

:

1.00 VND
Vietnam Dong

=

0.000047 USD
United States Dollars

 

PAYMENT INFORMATION

 

International Trade - Statistics  (Currency: USD - US Dollar)

Year

Imports

Exports

Total

2011

n/a

2,868,130

2,868,130

2012

n/a

3,291,050

3,291,050

2013

n/a

3,763,665

3,763,665

 

DOMESTIC SALES & PURCHASES

Annual Sales Analysis

Percentage

Domestic Sales

95%

International Sales (Export)

5%

 

Annual Purchases Analysis

Percentage

Local Purchases

30%

Imports

70%

 

 

 

PAYMENT TERMS

 

Selling

Type

Terms

Local

Cash on delivery (COD)

Export

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Received at time of transaction

 

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

 

INTERNATIONAL TRADE - Statistics (Currency: USD - US Dollar)

Year

Imports

Exports

Total

2004

n/a

18,696,839

18,696,839

2006

n/a

16,588,247

16,588,247

2007

n/a

20,161,477

20,161,477

2008

n/a

39,738,088

39,738,088

2009

n/a

30,041,883

30,041,883

2010

n/a

6,046,721

6,046,721

 

 

INTERNATIONAL TRADE - Activity & Markets

Country / Region

Estimated level of importance

Trading Activity

Africa

Medium

Exporting

Asia / Pacific

Medium

Importing, Exporting

Europe

Medium

Importing

France

Medium

Importing

Germany

Medium

Importing

Hong Kong

Medium

Exporting

India

Medium

Importing

Japan

Medium

Importing

Korea, South (Republic of Korea)

Medium

Importing

Malaysia

Medium

Importing

Nigeria

Medium

Exporting

Singapore

Medium

Importing

Taiwan

Medium

Exporting

 

 

 

 

COMPETITORS

 

The following is a representative list of local competitors:

Business Entity Name

Global Identifier

67 TRUONG CHINH HANOI

P1928094

CAI LAY VETERINARY MEDICINE & ANIMAL HUSBANDRY CO

P0096590

CAN THO VETERINARY CO LTD

P1928096

CAN THO VETERINARY MEDICINE IMPORT-EXPORT CO (VEDEMIM)

P1928110

CENTRAL COMPANY OF VETERINARY VACCINE

P1928113

HUE CENTRAL PHARMACEUTICAL CO

32407899

MAI ANH CO LTD

P1928098

MINH DANG TRADING CO LTD

P0076825

NAM LAM TRADING CO LTD

P0077202

RUBY CO LTD

P0967520

SAIGON-SONAVET CO LTD

P1928102

TAN TIEN CO LTD

P0757539

THANH NHON TRADING CO LTD

32407647

THINH A - VETPHARMA LTD

P0138508

TIEN THANH VETERINARY CO LTD

P0116309

VAN DON PHARMACEUTICAL JOINTSTOCK CO

P1928116

ZOOVET CO LTD

P1928107

 

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

RELATED PARTIES (Subsidiaries, Joint-ventures & Affiliates)

 

The following provides a summary of the number of businesses that are related to DOMESCO MEDICAL IMPORT EXPORT JSC:

 

TYPE

DOMESTIC

TOTAL

Subsidiaries

1

Joint-Ventures

-

Minority shareholdings

-

Affiliates

-

Liaison / Representative Offices

-

 

 

Domestic

 

Business Entity Name

:

DOMENOL CO LTD

Global Identifier

:

P3103060

Country

:

Vietnam

Relationship

:

Subsidiary

Operational Address

:

An Dinh Hamlet An Binh Commune, Cao Lanh, Dong Thap

Primary Business Activity

:

Trader

Industry

:

Medical Equipment & Pharmaceutical

 

 

ASSOCIATIONS

DOMESCO MEDICAL IMPORT EXPORT JSC are members of the following associations:

Domestic Associations

Association Name

RMIT VIETNAM BUSINESS CLUB - RMITBC

VIETNAM BUSINESS CLUB

 

 

FINANCIAL INFORMATION

 

 

 Financials - Summary  (Currency: USD - US Dollar)

Year

Sales

Assets

Net Income

2012 Annual  

65,821,003

40,766,476

4,327,754

2013 Annual  

75,273,294

48,357,770

5,084,956

2014 3rd Qtr  

17,520,072

45,816,892

1,463,699

 

 

Sales Trend – Analysis

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

-

-

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http://www.asiancredit.com/Manage/image/up_arrow_04.gif

http://www.asiancredit.com/Manage/image/up_arrow_04.gif

http://www.asiancredit.com/Manage/image/down_arrow_04.gif

http://www.asiancredit.com/Manage/image/up_arrow_04.gif

http://www.asiancredit.com/Manage/image/up_arrow_04.gif

http://www.asiancredit.com/Manage/image/up_arrow_04.gif

-

 

FINANCIALS - SUMMARY (Currency: USD - US Dollar)

Year

Sales

Assets

Net Income

2006 Annual

41,470,618

23,820,386

3,044,606

2007 Annual

50,403,692

37,367,110

3,978,157

2008 Annual

56,768,697

36,967,973

3,788,058

2009 Annual

60,083,767

39,796,502

4,280,379

2010 Annual

57,111,270

39,343,690

4,247,903

2011 Annual

57,362,602

40,038,214

3,845,559

 

 

 

FINANCIAL STATEMENT - DETAILED

Balance Sheet

Currency

:

VND

Denomination

:

1

Financial Year Ending

:

December

Financial Highlights

2012 Annual

2013 Annual

2014 3rd Qtr

Current Assets(*)

540,648,000,000

713,042,000,000

713,042,270,001

Non Current Assets(*)

308,300,000,000

306,731,000,000

302,428,046,713

Non Current Liabilities(*)

4,595,000,000

2,223,000,000

1,565,386,772

Share Capital(*)

178,093,000,000

178,093,000,000

-

Other long term assets 

Total Assets(*)

848,948,000,000

1,019,773,000,000

968,734,030,746

Total Liabilities(*)

277,826,000,000

389,208,000,000

279,738,780,996

Current Liabilities(*)

273,231,000,000

386,985,000,000

278,173,394,224

Long term liabilities 

Shareholders Funds(*)

571,122,000,000

630,565,000,000

688,995,249,750

 

Current assets & short term investments

540,648,000,000

713,042,000,000

713,042,270,001

Cash & cash equivalents

37,318,000,000

26,583,000,000

37,522,887,037

Cash

37,318,000,000

26,583,000,000

-

Short term investments

-

30,000,000,000

-

Short term securities investments

-

30,000,000,000

-

Accounts receivable

271,332,000,000

334,628,000,000

306,144,651,077

Accounts receivable trade

266,174,000,000

324,726,000,000

-

Trade prepayment

2,503,000,000

5,875,000,000

-

Others receivables

7,546,000,000

8,529,000,000

-

Provision for bad debts

(4,891,000,000)

(4,502,000,000)

-

Inventories

220,829,000,000

312,072,000,000

313,303,680,813

i. Inventories

220,829,000,000

312,072,000,000

-

Other short term asset

11,169,000,000

9,759,000,000

9,334,765,106

Prepaid expenses

3,690,000,000

2,751,000,000

-

VAT deductible

2,516,000,000

881,000,000

-

i. Other short term asset

4,963,000,000

6,127,000,000

-

Long term assets

308,300,000,000

306,731,000,000

302,428,046,713

Fixed assets

285,780,000,000

283,512,000,000

275,489,251,055

Tangible fixed assets

225,672,000,000

227,193,000,000

-

Cost

371,826,000,000

394,715,000,000

-

Accumulated depreciation

146,154,000,000

167,522,000,000

-

Intangible fixed assets

38,239,000,000

51,889,000,000

-

i. Cost

40,256,000,000

54,893,000,000

-

i. Accumulated depreciation

2,017,000,000

3,004,000,000

-

Construction in progress

21,869,000,000

4,430,000,000

-

Long term investments

14,641,000,000

11,531,000,000

11,239,801,657

Invest to joint venture company

14,015,000,000

-

-

Other long term investments

626,000,000

20,626,000,000

-

Provision for long term investments

-

(9,095,000,000)

-

Other long term assets

7,879,000,000

11,688,000,000

15,698,994,001

Long term prepayments

2,225,000,000

6,784,000,000

-

Asset of income tax delay

5,654,000,000

4,904,000,000

-

Total assets

848,948,000,000

1,019,773,000,000

968,734,030,746

Liabilities

277,826,000,000

389,208,000,000

279,738,780,996

Current liabilities

273,231,000,000

386,985,000,000

278,173,394,224

Short term borrowings

74,768,000,000

108,761,000,000

-

Accounts payables-trade

104,640,000,000

190,361,000,000

-

Advances from customers

1,470,000,000

20,690,000,000

-

Taxes and payable to state budget

21,732,000,000

10,589,000,000

-

Payable to employees

23,583,000,000

21,330,000,000

-

Accrued expenses payable

33,430,000,000

25,869,000,000

-

Other payables

11,225,000,000

8,548,000,000

-

Bonus and welfare funds

2,383,000,000

837,000,000

-

Long term liabilities

4,595,000,000

2,223,000,000

1,565,386,772

Long term other payables

1,944,000,000

2,223,000,000

-

Long term borrowings

2,651,000,000

-

-

Owner's equity

570,339,000,000

628,503,000,000

688,995,249,750

i. Owner's equity

570,339,000,000

628,503,000,000

688,995,249,750

Business capital

178,093,000,000

178,093,000,000

-

Share capital' surplus

229,515,000,000

229,515,000,000

-

Business development funds

102,848,000,000

129,299,000,000

-

Financial reserved funds

17,809,000,000

17,809,000,000

-

Retained earnings

42,074,000,000

73,787,000,000

-

Minority Interest

783,000,000

2,062,000,000

-

Total resources

848,948,000,000

1,019,773,000,000

968,734,030,746

Note: (*)

Financial Highlights

 

Income Statement

 

Currency

:

VND

Denomination

:

1

Financial Year Ending

:

December

Financial Highlights

2012 Annual

2013 Annual

2014 3rd Qtr

Turnover(*)

1,370,700,000,000

1,587,370,000,000

370,437,398,401

Profit (Loss) Before Tax(*)

120,352,000,000

134,467,000,000

39,661,145,499

Profit After Tax attributable to Shareholders(*)

90,124,000,000

107,232,000,000

30,947,866,420

 

Gross sales

1,370,700,000,000

1,587,370,000,000

370,437,398,401

Less deductions

110,169,000,000

157,761,000,000

40,959,171,878

Net income

1,260,531,000,000

1,429,609,000,000

329,478,226,523

Cost of goods sold

868,891,000,000

1,017,486,000,000

228,890,253,074

Gross margin

391,640,000,000

412,123,000,000

100,587,973,449

Income from financial activities

7,238,000,000

6,290,000,000

506,773,952

Expenses from financial activities

8,422,000,000

9,646,000,000

1,131,279,937

In which: Interest expenses

8,310,000,000

5,359,000,000

-

Selling expenses

140,568,000,000

167,215,000,000

32,991,090,032

General & administration expenses

129,966,000,000

111,177,000,000

28,316,074,722

Net income from operating activities

119,922,000,000

130,375,000,000

38,656,302,710

Extraordinary income

5,929,000,000

5,540,000,000

1,015,529,440

Extraordinary expenses

5,499,000,000

1,448,000,000

10,686,651

Extraordinary gains

430,000,000

4,092,000,000

1,004,842,789

Net profit before tax

120,352,000,000

134,467,000,000

39,661,145,499

Income tax

31,699,000,000

26,485,000,000

8,713,279,079

Income tax delay

1,471,000,000

(750,000,000)

-

Net profit after tax

90,124,000,000

107,232,000,000

30,947,866,420

Note: (*)

Financial Highlights

 

Financial Ratios

Financial Highlights

2012 Annual

2013 Annual

2014 3rd Qtr

Growth % 

Year-on-Year Growth

14.72

15.81

-

Profitability 

Profit Margin (%)

6.58

6.76

8.35

Return on Equity (%)

15.78

17.01

4.49

Return on Assets (%)

10.62

10.52

3.19

Leverage 

Total Debt Equity (Times)

0.49

0.62

0.41

Current Debt Equity (Times)

0.48

0.61

0.40

Long Term Debt to Equity

0.01

0.00

0.00

Total Asset To Total Equity

1.49

1.62

1.41

Asset Management 

Total Assets Turnover (Times)

1.61

1.56

0.38

Fixed Assets Turnover (Times)

4.45

5.18

1.22

Liquidity 

Current Ratio

1.98

1.84

2.56

 

 

 

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 VND
Vietnam Dong

=

0.000047 USD
United States Dollars

 

 

ADDITIONAL INFORMATION

 

Key Facts

Registered Legal Address

:

66 National Highway 30 My Phu Ward, Cao Lanh, Dong Thap

Operational Address

:

66 National Highway 30 My Phu Ward, Cao Lanh, Dong Thap

Trading Name

:

DOMESCO

Name History

:

Business Entity Name

Effective Date

DONG THAP MEDICAL EQUIPMENT & MATERIALS STATION

15 Apr, 1980

DONG THAP MEDICAL MATERIALS CO

Jul, 1985

DONG THAP MEDICAL MATERIALS & EQUIPMENT SUPPLY CO

Jul, 1987

DONG THAP MEDICAL IMPORT-EXPORT SERVICE CORP (DOMESCO)

Oct, 1989

DONG THAP MEDICAL IMPORT-EXPORT CO (DOMESCO)

Nov, 1992

DOMESCO MEDICAL IMPORT EXPORT JSC

1 Jan, 2004

Issuing Authority

:

Dept. of Planning & Investment - Cao Lanh

License Number

:

1400460395

License Status

:

License exists - Normal.

Legal Form - Category

:

Public Listed Company

Legal Form

:

Joint Stock Company

Legal Form - Abbreviation

:

JSC

Operational Status of Business

:

Normal

Date of Registration

:

5 Oct, 2009

Employees

:

1,275

 

 

Report Details

 

Country

:

Vietnam

Business Entity Name

:

DOMESCO MEDICAL IMPORT EXPORT JSC

Primary Business Activity

:

Manufacturer

Primary Industry

:

Medical Equipment & Pharmaceutical

Office Contact Details

Operating Address

:

66 National Highway 30 My Phu Ward, Cao Lanh, Dong Thap

Tel

:

[+84] 67-3859370

 

:

[+84] 67-3852278

Fax

:

[+84] 67-3851270

Email

:

domesco@domesco.com
vpcty@domesco.com

Website Details

Website

:

http://www.domesco.com.vn

Status

:

Normal - operational

Country of Registration

:

Vietnam

Ownership Type

:

Registered ownership by Subject Business Entity

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

:

1400460395

Date of Issuance

:

25 Dec, 2003

 

 

Primary Products

 

 

Products / Materials / Services Description

Activity

Herbal medicines

Manufacturing, Exporting

Hospital equipment

Manufacturing, Exporting

Medical

Manufacturing, Exporting

Medical capsules

Manufacturing, Exporting

Medical equipment

Manufacturing, Exporting

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Drugs/Druggists' Sundries

5122

Manufacturing, Exporting

Food products, nspf

2099

Manufacturing, Exporting

Medical/Dental Equip/Supplies

5047

Manufacturing, Exporting

Medicinals and botanicals

2833

Manufacturing, Exporting

Pharmaceutical preparations

2834

Manufacturing, Exporting

Surgical and medical instruments and apparatus, nspf

3841

Manufacturing, Exporting

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Electro-medical instruments and appliances and parts and accessories

9018907080

Manufacturing, Exporting

Food preparations

2106

Manufacturing, Exporting

Medical, surgical, dental or vet inst, no elec, part

9018

Manufacturing, Exporting

Medicaments containing penicillins or derivatives thereof(excluding penicillin g salts), or streptomycins or their deriv, for veterinary use

3004105010

Manufacturing, Exporting

Medicaments nesoi of mixtures, not dosage etc form

3003

Manufacturing, Exporting

Medicaments not elsewhere specified or included

3004906090

Manufacturing, Exporting

Other drugs primarily affecting the central nervous system

2933907000

Manufacturing, Exporting

Other drugs with nitrogen hetero-atom(s) only

2933903600

Manufacturing, Exporting

Other drugs,nesoi

2934302700

Manufacturing, Exporting

Pharmaceutical products

3000

Manufacturing, Exporting

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

Products / Materials / Services Description

Ranking

Activity

Medicinal preparations

Primary

Manufacturing, Exporting

Medicine bottles

Primary

Manufacturing, Exporting

Medicine products

Primary

Manufacturing, Exporting

Medicines

Primary

Manufacturing, Exporting

Medicines, finished

Primary

Manufacturing, Exporting

Medicines, injection use

Primary

Manufacturing, Exporting

Medicines, processing

Primary

Manufacturing, Exporting

Nutritional foods

Primary

Manufacturing, Exporting

Perfumes

Primary

Manufacturing, Exporting

Pharmaceutical products

Primary

Manufacturing, Exporting

 

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of DOMESCO MEDICAL IMPORT EXPORT JSC is Manufacturing - Finished products.

Key products include:

Herbal medicines

Hospital equipment

Medical

Medical capsules

Medical equipment

Medicinal preparations

Medicine bottles

Medicine products

Medicines

Medicines, finished

Medicines, injection use

Medicines, processing

Nutritional foods

Perfumes

Pharmaceutical products

Pure water

Traditional medicines

Veterinary medicine

Water


An integral part of the core business includes:

Distribution

 

 

 

 

 

 

Supplementary Business

In addition to the core business, DOMESCO MEDICAL IMPORT EXPORT JSC also is engaged in the following areas of business:

Exporting

Exporting - Finished products

Importing

Importing - Raw materials

 

 

STOCK EXCHANGE LISTING DETAILS

 

Country

:

Vietnam

Name of Stock Exchange

:

Name

Acronym

HOCHIMINH STOCK EXCHANGE

HOSE

Stock Symbol / No.

:

DMC

Date of listing

:

12 Apr, 2006

 

 

BRANDS & TRADEMARKS

 

Brands & Trademarks

Application Category

Dogarlic

n/a

Domitazol

n/a

Ich Mau

n/a

 

 

BANK DETAILS

 

Bank Name

:

ANZ BANK (VIETNAM) LTD

Global Identifier

:

P1310499

Branch

:

District 1,Ho Chi Minh

Branch Address

:

39 Le Duan St District 1 Ho Chi Minh (Head Office)

SWIFT Code

:

This bank does not have a SWIFT Code

 

Bank Name

:

HSBC BANK (VIETNAM) LTD

Global Identifier

:

32403760

Branch

:

District 1,Ho Chi Minh

Branch Address

:

Metropolitan 235 Dong Khoi Ben Nghe Ward District 1 Ho Chi Minh (Head Office)

SWIFT Code

:

HSBCVNVX

 

Bank Name

:

JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM

Global Identifier

:

P1072025

Branch

:

Hanoi

Branch Address

:

JOINT STOCK COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM, DONG THAP

SWIFT Code

:

BFTVVNVX

 

Bank Name

:

VIETNAM EXPORT IMPORT COMMERCIAL JOINT STOCK BANK

Global Identifier

:

32408823

Branch

:

District 1,Ho Chi Minh

Branch Address

:

VIETNAM EXPORT IMPORT COMMERCIAL JOINT STOCK BANK - HO CHI MINH

SWIFT Code

:

EBVIVNVX

 

 

LOCAL BRANCHES & MANAGEMENT

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - CAO LANH, DONG THAP

Branch Address

:

32 Le Anh Xuan St Ward 2, Cao Lanh, Dong Thap

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - NINH KIEU DIST, CAN THO

Branch Address

:

325B-325C 91B Resident, Ninh Kieu Dist, Can Tho

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - BINH TAN DIST, HO CHI MINH

Branch Address

:

24A-24B Tan Tao IP, Binh Tan Dist, Ho Chi Minh

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - BIEN HOA, DONG NAI

Branch Address

:

R65 Vo Thi Sau St, Bien Hoa, Dong Nai

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - VINH, NGHE AN

Branch Address

:

159 Tran Hung Dao St, Vinh, Nghe An

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - THANH KHE DIST, DANANG

Branch Address

:

Lot 23-24 B20 Group 26, Thanh Khe Dist, Danang

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - HAI DUONG, HAI DUONG

Branch Address

:

77 Tam Giang St, Hai Duong, Hai Duong

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - DISTRICT 10, HO CHI MINH

Branch Address

:

37 Thanh Thai St Ward 14, District 10, Ho Chi Minh

Branch Tel

:

84-8-38654185

Branch Fax

:

84-8-38650447

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - THANH XUAN, HANOI

Branch Address

:

23 N7A Nhan Chinh Ward Trung Hoa-Nhan Chinh, Thanh Xuan, Hanoi

Branch Tel

:

84-4-5568557

Branch Fax

:

84-4-5568559

Branch Email

:

dmc-hn@hn.vnn.vn

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - THANH KHE, DA NANG

Branch Address

:

114 Hoang Hoa Tham St, Thanh Khe, Da Nang, Quang Nam-Da Na

Branch Tel

:

84-511-750750

Branch Fax

:

84-511-750750

Branch Email

:

dmcdn@dng.vnn.vn

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - DISTRICT 10, HO CHI MINH

Branch Address

:

190B 3-2 St Ward 14, District 10, Ho Chi Minh

Branch Tel

:

84-8-8652599

Branch Fax

:

84-8-8650447

Branch Email

:

domesco@hcm.vnn.vn

 

Branch

:

DOMESCO MEDICAL IMPORT EXPORT JSC - CAN THO, HAU GIANG

Branch Address

:

20A Nguyen Dinh Chieu St An Hoi Ward, Can Tho, Hau Giang

Branch Tel

:

84-71-815631

Branch Fax

:

84-71-828769

Branch Email

:

domescoct@vnn.vn

 

 

PATENTS

 

Patent Number

:

DTA-117-94

Description

:

Cures menstrual troubles for girls at the start of menstruation and for women in the early period.

Product Patented

:

Ich Mau

Country Registered

:

Vietnam

 

Patent Number

:

VNA-0420-96

Description

:

Resists diseases and extends longetivity & combination of garlic & tumeric

Product Patented

:

Dogarlic

Country Registered

:

Vietnam

 

Patent Number

:

VNA-1746-98

Description

:

Resists diseases and extends longetivity. A combination of garlic & tumeric

Product Patented

:

Dogarlic

Country Registered

:

Vietnam

 

 

COMPANY HISTORY

 

 

Date

Details

1989 - May

Operated as state-owned company.

1998

Inaugurated as working shop.

2004 - Jan

Changed its legal form from government enterprise to a public listed company.

 

 

AWARDS

 

#

Award Name

Awarded by

Awarded Date

1

Silver Prize

MINISTRY OF SCIENCE, TECHNOLOGY & ENVIRONMENT

1998

 

 

QUALITY ACCREDITATION

Quality Accreditation Listings

#

Name

Accreditation Category

1

INTERNATIONAL STANDARDS ORGANIZATION (ISO)

9001:2008

2

INTERNATIONAL STANDARDS ORGANIZATION (ISO)

14001:2004

3

INTERNATIONAL STANDARDS ORGANIZATION (ISO)

18001

4

INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)

17025

5

OCCUPATIONAL HEALTH & SAFETY ADVISORY SERVICES (OHSAS)

18001:2007

 

 

PREVIOUS CONTACT DETAILS

 

Company Address

:

234A National Highway 30 My Tra, Cao Lanh, Dong Thap

Phone Number

:

84-67-851975

Date of Relocation

:

Dec, 2005

 

Company Address

:

4 Cong Hoa St, Cao Lanh, Dong Thap

Phone Number

:

84-67-891620

 

 

PREVIOUS BUSINESS LICENSE/S

 

License Date

License No.

19 May, 1979

117/QD-QLD

Jul, 1985

349/TCCB

21 Nov, 1997

101287

30 Dec, 2003

5103000015

 

 

REAL ESTATE OWNERSHIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The following property / ies are owned by DOMESCO MEDICAL IMPORT EXPORT JSC :

Property Name

:

DOMESCO MEDICAL IMPORT EXPORT JSC - CAO LANH, DONG THAP

Type of Property

:

Office & Administration

Address

:

66 National Highway 30 My Phu Ward, Cao Lanh, Dong Thap

Office Size

:

20,000 Square meters

 

 

 

 

NOTES & COMMENTS

 

N/a

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.89

UK Pound

1

Rs.93.92

Euro

1

Rs.72.01

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

ANK

 


 

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.