Victory Joint Stock Company (Vietnam)

VICTORY JOINT STOCK COMPANY is known as a phosphorus manufacturer based the headquarters as the production facility in Lao Cai Province, Vietnam. Its products include yellow phosphorus, acid phosphoric, red phosphorus, ferrophosphorus ... A small ratio of its products are consumed in the domestic market, and more than 90% of products are directly exported overseas, particularly, its yellow phosphorus and ferrophosphorus are exported to Japan, India, Italy, South Korea, USA, Netherlands, etc.The subject's products are largely for exporting that might have been significantly affected by the COVID pandemic. Revenue depressed by 26.11% in 2020, fortunately, net income slightly improved about 4.35% over the year 2019 thanks to strict management of COGS. Despite trying best, we could not verify its situation in 2021. Mr. Phan Van Hai - Former Director and Ms. Dang Thu Hien - Chief Accountant have refused to support. According to Ms. Hien, Mr. Phan Van Hai has no longer been Director/ Legal Representative of the company, yet, he still keeps a position in BOD. She has not revealed his specific position.