|
|
|
MIRA INFORM REPORT
|
Report No. : |
483436 |
|
Report Date : |
06.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
PHU QUY REAL ESTATE JSC |
|
|
|
|
Registered Office : |
3Fl Petroland Bldg 12 Tan Trao St Tan Phu Ward, District
7, Ho Chi Minh |
|
|
|
|
Country : |
Vietnam |
|
|
|
|
Date of Incorporation : |
01.12.2014 |
|
|
|
|
Com. Reg. No.: |
0313036519 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Not Available [We tried to confirm obtain the detailed activity but the same is not
available from any sources] |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Vietnam |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
VIETNAM - ECONOMIC OVERVIEW
Vietnam is a densely populated developing country that has been transitioning from the rigidities of a centrally planned, highly agrarian economy since 1986 to a more industrial and market based economy, raising incomes substantially. In 2016, Vietnam missed its yearly growth target of 6.7% due to environmental issues – drought and salinization - impacting the agricultural sector and low oil prices affecting the extractive sector. However, annual GDP growth was 6.2%, reflecting strengthening domestic demand and strong manufacturing exports.
Vietnam has a young population, stable political system, commitment to sustainable growth, relatively low inflation, stable currency, strong FDI inflows, and strong manufacturing sector. In addition, the country is committed to continuing its global economic integration. Vietnam joined the WTO in January 2007 and concluded several free trade agreements in 2015-16, including the EU-Vietnam Free Trade Agreement, the Korean Free Trade Agreement, and the Eurasian Economic Union Free Trade Agreement.
However, to continue its trajectory of strong economic growth, the government acknowledges the need to spark a second wave’ of reforms, including reforming state-owned-enterprises, reducing red tape, increasing business sector transparency, reducing the level of non-performing loans in the banking sector, and increasing financial sector transparency. Vietnam has demonstrated a commitment to sustainable growth over the last several years, but a recent slowdown in economic growth could test the government’s resolve.
In 2016, Vietnam cancelled its civilian nuclear energy development program, citing public concerns about safety and the high cost of the program, and is facing growing pressure on energy infrastructure. Overall, the country’s infrastructure fails to meet the needs of an expanding middle class. As the 2017 Asia-Pacific Economic Cooperation (APEC) chair, Vietnam will lead the dialogue on key APEC priorities such as inclusive growth, innovation, food security and climate change.
|
Source
: CIA |
Company
name and address
|
Business
Name |
PHU
QUY REAL ESTATE |
|
Country |
VIET
NAM |
|
Company
Registration Number |
0313036519 |
|
Main
Activity Code |
|
|
Main
Activity Description |
|
|
Company
Status |
(Active) |
|
Latest
Turnover Figure |
- |
|
Latest
Shareholder Equity Figure |
- |
Basic
Information
|
Business
Name |
PHU
QUY REAL ESTATE |
|
Registered
Company Name |
PHU
QUY REAL ESTATE JSC |
|
Company
Registration Number |
0313036519 |
|
Country |
VIET
NAM |
|
VAT
Registration Number |
0313036519 |
|
VAT
Registration Date |
2014-12-01 |
|
Date
of Company Registration |
2014-12-01 |
|
Date
of Starting Operations |
2014-12-01 |
|
Commercial
Court |
|
|
Legal
Form |
Joint
Stock Company |
|
Type
of Ownership |
|
|
Company
Status |
(Active) |
|
Principal
Activity Code |
|
|
Principal
Activity Description |
|
|
Contact
Telephone Number |
[+84]
40-23542455 Status: Incorrect telephone number |
Main
Address
|
Address |
Country |
Telephone |
|
3Fl
Petroland Bldg 12 Tan Trao St Tan Phu Ward, District 7, Ho Chi Minh |
VIET
NAM |
[+84]
40-23542455 Status: Incorrect telephone number |
Other
Address
|
Address Country Telephone |
|
No
other addresses for this company. |
Previous
Address
|
Address Country |
|
No
previous addresses for this company. |
Email
Addresses
|
No
email for this company. |
Web
Pages
|
No web
pages for this company. |
Other
Information
|
No
other information for this company |
Miscellaneous
Information
|
Fax
Number |
N/A |
|
Export
Countries |
|
|
Import
Countries |
|
|
Additional
Business Information |
Core
Business: The primary business focus of PHU QUY REAL ESTATE JSC is Specialized professional services,
including: Real estate, Key service include: Real estate. |
|
Additional
Payment Information |
|
|
Additional
Financial Information |
Based
on the corporate laws of Vietnam, legal entities which are a Joint Stock
Company are not required to make public disclosure of their annual
financials. Therefore no financials are available for this entity. |
|
Number
of Employees at Address |
|
|
Number
of Employees at Group |
|
|
Number
of Employees at Factory |
|
Additional
Miscellaneous Information
|
Primary
Business Activity |
Service |
|
Key
Industry |
Professional
Services |
|
Issuing
Authority |
DEPARTMENT
OF PLANNING AND INVESTMENT - Ho Chi Minh |
|
Operational
Status of Business |
It
was NOT possible to confirm the operational status. |
|
Capital |
US$
264,304 |
|
Primary
Products[Products / Materials /
Services Description: Activity] |
Real
estate: Service. |
|
Reputation |
Due to the prevailing circumstances regarding the status of PHU QUY
REAL ESTATE JSC, assessment of reputation is not relevant. |
|
Nega-Scan
- Adverse Data Monitoring |
Dishonored
checks, Debt, Civil litigation, Performance defaults, Adverse local media coverage
/ adverse filing history: No Record Found. |
|
Office
and Facilities |
The
following information relates to the Business Entity's office as listed
above: Name: PHU QUY REAL ESTATE JSC - DISTRICT
7, HO CHI MINH, Address: 3Fl Petroland Bldg 12 Tan Trao St Tan Phu Ward, District 7, Ho Chi Minh, Country: Vietnam, Status: Unknown. |
Financial
Information
|
No
financial information for this company. |
Current
Directors
|
Name |
Gender |
Address |
Date
of Birth |
Position |
|
Phong
Thanh Trinh |
Male |
|
1963-05-10 |
Managing
Director |
Previous
Directors
|
Name |
Gender |
Address |
Date
of Birth |
Position |
Resignation
Date |
|
No
previous directors for this company. |
|||||
Share
Capital Structure
|
Nominal Share Capital 6.000.000.000 |
|
Issued
Share Capital |
Shareholders
|
Shareholder |
Address |
%
Shares Held |
|
Quynh
Phuong Th Lai |
Vietnam |
50 |
|
Undisclosed
Shareholders |
|
48 |
|
Ha
Minh Tran |
Vietnam |
1 |
|
Hanh
Thuy Thi Lai |
Vietnam |
1 |
Group
Structure
|
No group
structure information for this company |
Negative
Information
|
No
negative information for this company |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.38 |
|
|
1 |
INR 86.02 |
|
Euro |
1 |
INR 76.50 |
|
VND |
1 |
INR 0.0028 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on secured
terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.