MIRA INFORM REPORT

 

 

Report No. :

332525

Report Date :

25.07.2015

 

IDENTIFICATION DETAILS

 

Name :

CENTER FOR NUCLEAR TECHNIQUES HO CHI MINH CITY

 

 

Registered Office :

217 Nguyen Trai St Nguyen Cu Trinh Ward, District 1, Ho Chi Minh

 

 

Country :

Vietnam

 

 

Date of Incorporation :

03.10.2014

 

 

Legal Form :

Government-owned Enterprise

 

 

Line of Business :

Providing Professional Services.

 

 

No. of Employee :

60

 

 

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 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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 18% in 2014, while industry's share increased from 36% to 38% 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 2014 growing at 5.4%, one of the slower growth rates since 1999. Exports have grown strongly in 2013-14; 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 has remained relatively stable since then. 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, Hanoi’s progress in meeting its goals is lagging behind its proposed schedule. Vietnam's economy continues to face challenges from an undercapitalized banking sector and non-performing loans weigh heavily on banks and businesses. Vietnam is a member of the 12-nation Trans-Pacific Partnership free trade agreement negotiations.

 

Source : CIA

 

 

 

REGISTERED NAME & COMPANY SUMMARY

 

Organization Name

:

CENTER FOR NUCLEAR TECHNIQUES HO CHI MINH CITY (1)

Address

:

217 Nguyen Trai St Nguyen Cu Trinh Ward, District 1, Ho Chi Minh

Country

:

Vietnam

Phone (S)

:

[+84] 8-38388321

Facsimile

:

[+84] 8-38367361

Primary Business Activity

:

Service

Key Industry

:

Professional Services

 

 

Registered Legal Address

:

217 Nguyen Trai St Nguyen Cu Trinh Ward, District 1, Ho Chi Minh

Operational Address

:

217 Nguyen Trai St Nguyen Cu Trinh Ward, District 1, Ho Chi Minh

Issuing Authority

:

Ministry of Science & Technology - National

License Number

:

A-1217

License Status

:

License exists - Normal.

Legal Form - Category

:

Government-owned Enterprise

Legal Form

:

Not Applicable

Legal Form - Abbreviation

:

Not Applicable

Operational Status of Business

:

Normal

Date of Registration

:

3 Oct, 2014

Employees

:

60

Capital

:

n/a (2)

PREVIOUS BUSINESS LICENSE/S

 

License Date

License No.

16 Jan, 1999

568/QD-BKH & CN

Note

:

(1) Legal status of the English corporate name
The English name of the Subject Business Entity (SBE) is a randomly selected translation / transliteration made by the owners of the SBE. It is not a registered English corporate name, but simply a translation / transliteration of the local language name.

 

(2) Not applicable.
According to the corporate statutory laws for this type of Legal Form - Category(Government-owned Enterprise) in Vietnam, there is no requirement for Authorized Capital.

 

 

DIRECTORS / MANAGEMENT

 

Key Person

Legal Title

:

Managing Director

Name

:

Mr. Tran Quoc Dung

Nationality

:

Vietnamese

 

 

COMPANY MANAGEMENT

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Ms. Phan Thi Dao

Vietnamese

Accountant

Finance

 

Management Details - 1

Personal Unique Identifier

:

MI03881864

Name

:

Ms. Phan Thi Dao

Date of Birth

:

1985

 

COMPANY DIRECTORS

1

 

 

Personal Unique Identifier

:

MI03881860

Name

:

Mr. Tran Quoc Dung

Date of Birth

:

1958

 

 

NEGATIVE INFORMATION

 

REPUTATION

Reference checking for the purpose of establishing CENTER FOR NUCLEAR TECHNIQUES HO CHI MINH CITY'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

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

SHARE & SHARE CAPITAL INFORMATION

 

SHAREHOLDERS

Total number of shareholders

:

1

Total number of shares

:

n/a

 

Currency

:

VND - Vietnam Dong

 

No.

Shareholders

Country

Shares

Number

Amount (VND)

%

1

MINISTRY OF SCIENCE AND TECHNOLOGY

Vietnam

n/a

n/a

100.00

Total

n/a

n/a

100.00

 

 

PAYMENT INFORMATION

 

N/a

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

DIRECT / INDIRECT CORPORATE PARENT DETAILS

 

Direct Parent

:

MINISTRY OF SCIENCE AND TECHNOLOGY

Global Identifier

:

P3284084

Legal Form Category

:

NGO - Local Non Government Organization

Country

:

Vietnam

 

 

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT – DETAILED

Based on the corporate laws of Vietnam, legal entities which are a Government-owned Enterprise are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

 

 

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 VND
Vietnam Dong

=

0.000046 USD
United States Dollars

 

 

ADDITIONAL INFORMATION

 

Country

:

Vietnam

Business Entity Name

:

CENTER FOR NUCLEAR TECHNIQUES HO CHI MINH CITY

Acronym

:

CNT

Primary Business Activity

:

Service

Primary Industry

:

Professional Services

 

Office Contact Details

Operating Address

:

217 Nguyen Trai St Nguyen Cu Trinh Ward, District 1, Ho Chi Minh

Tel

:

[+84] 8-38388321

 

:

[+84] 8-38395846

Fax

:

[+84] 8-38367361

 

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

:

0301514584

Date of Issuance

:

16 Jan, 1999

 

Primary Products

Products / Materials / Services Description

Activity

Scientific research centres

Service

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Comm Phys/Biological Research

8731

Service

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Commercial physical research

9870

Service

 

 

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of CENTER FOR NUCLEAR TECHNIQUES HO CHI MINH CITY is Public services.

Key service include :

Scientific research centres

 

BANK DETAILS

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 - HO CHI MINH

SWIFT Code

:

BFTVVNVX

 

 

OFFICE & FACILITIES

The following information relates to the Business Entity's office as listed above:

Name

:

CENTER FOR NUCLEAR TECHNIQUES HO CHI MINH CITY - DISTRICT 1, HO CHI MINH

Primary Use

:

Office & Administration facilities

Address

:

217 Nguyen Trai St Nguyen Cu Trinh Ward, District 1, Ho Chi Minh

Country

:

Vietnam

Status

:

Operational

 

 

NOTES & COMMENTS

 

N/a

 

 


ADDITIONAL INFORMATION & QUERIES

 

Non Located Reports – Please send any additional information to intreports@creditsafeuk.com and we will reinvestigate free of charge.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.89

UK Pound

1

Rs.99.10

Euro

1

Rs.70.12

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

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%)

 

 

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