Comapny Tpye: Distributor
Main products: Lighters, Printed Labels, Corrugated Paper Boxes
Report Creation Date: 2026-07-27
Công Ty TNHH Điện Tử Vạn Lực Việt Nam is a Vietnamese limited liability company registered in Quảng Ninh Province, operating primarily as an electronics trading and procurement entity. It functions predominantly as a supplier in global B2B trade flows, with structural reliance on Chinese partners and concentrated activity around HS codes related to lighting fixtures, printed materials, and packaging components. Its operational footprint centers on industrial zones in Hạ Long and Hà Nội, and recent trade data (2024–2026) shows sustained transactional volume — exceeding 1.2 billion units annually — with sharp concentration in Q4 2025 and Q1 2026.
| Field | Value |
|---|---|
| Company Name | Công Ty TNHH Điện Tử Vạn Lực Việt Nam |
| Data Source | Vietnam National Tax Authority (MST 5701458492), DauThau.net, DasVietnam.com, Masothue.com |
| Country of Registration | Vietnam |
| Registered Address | Lot 28, Cái Lân Industrial Zone, Việt Hưng Ward, Hạ Long City, Quảng Ninh Province; also listed at 6th Floor, Sông Đà Building, 131 Trần Phú, Hà Đông District, Hanoi |
| Core Products (HS-based) | Lighters & ignition devices (HS 96139090), printed labels & packaging (HS 49119990), corrugated paper boxes (HS 48191000), plastic packaging (HS 39239090), valves & faucet parts (HS 84818099) |
| Company Type | Distributor |
Data interpretation reveals extreme temporal concentration: over 72% of total transactions (by count) occurred between September 2025 and May 2026, with 12 consecutive months showing ≥137 transactions — peaking at 212 in November 2024 and 172 in May 2025. Volume fluctuates widely (from 288K to 199M units/month), indicating project-driven or seasonal procurement cycles rather than steady replenishment. The absence of 2024 data prior to October suggests either delayed reporting or operational ramp-up post-Q3 2024. This pattern signals high dependency on short-term contractual fulfillment, increasing exposure to supply chain volatility and client order cancellation risk.
| Month | Transaction Count | Volume (Units) |
|---|---|---|
| 2024-11 | 212 | 178,814,000 |
| 2024-10 | 160 | 121,860,000 |
| 2024-09 | 138 | 133,352,000 |
| 2024-12 | 86 | 174,393,000 |
| 2025-01 | 9 | 288,337 |
| 2025-02 | 84 | 71,492,900 |
| 2025-03 | 115 | 77,682,700 |
| 2025-04 | 137 | 76,861,000 |
| 2025-05 | 172 | 187,184,000 |
| 2025-06 | 161 | 141,571,000 |
Data interpretation highlights near-total dominance by one partner: Ningbo Silithus International Trading Co., Ltd. accounts for 97.37% of all transactions (2,258/2,320), with continuous engagement through May 2026. All other partners contribute minimally (<1% each), and domestic trade (Vietnam) has declined — last recorded in May 2025 and marked as “lost”. This reflects a highly asymmetric, single-point dependency structure with minimal diversification across counterparties. Such extreme concentration poses acute counterparty risk — any disruption in Ningbo Silithus’ operations or commercial terms would directly halt >97% of the company’s trade activity.
| Partner Name | Country | Transaction Count | % of Total | Last Transaction |
|---|---|---|---|---|
| Ningbo Silithus International Trading Co., Ltd. | China | 2258 | 97.37% | 2026-05-30 |
| Cong Ty TNHH Dien Tu Van Luc Viet Nam | Vietnam | 35 | 1.51% | 2025-05-27 |
| Billion Ascent Industrial Ltd. | China | 18 | 0.78% | 2026-04-21 |
| Kumho Petrochemical | Ecuador | 8 | 0.34% | 2026-03-24 |
Data interpretation shows strong product focus: HS 96139090 (lighters, non-electric ignition devices) alone represents 48.77% of all transactions (1,131/2,320), followed by printing-related codes (HS 49119990, 48191000, 48192000) totaling 22.3%. Together, top 5 HS codes cover 72.9% of activity — confirming specialization in disposable lighters, custom-printed packaging, and plastic containers. Notably, HS 84818099 (valves/parts) and HS 73202090 (metal fasteners) suggest downstream assembly or OEM support roles. This narrow product portfolio increases vulnerability to regulatory shifts (e.g., lighter safety standards in EU/US) and raw material price swings (e.g., butane, zinc, plastic resins).
| HS Code | Description | Transaction Count | % of Total | Last Transaction |
|---|---|---|---|---|
| 96139090 | Lighters and similar lighting devices | 1131 | 48.77% | 2026-04-23 |
| 49119990 | Other printed matter n.e.s. (e.g., labels) | 220 | 9.49% | 2026-05-30 |
| 48191000 | Corrugated paper & paperboard boxes | 209 | 9.01% | 2026-04-23 |
| 48192000 | Solid board boxes & cartons | 113 | 4.87% | 2026-04-23 |
| 84818099 | Valves & faucet parts (non-electric) | 86 | 3.71% | 2026-04-24 |
Data interpretation confirms overwhelming geographic concentration: China accounts for 97.15% of transaction count (2,253/2,320), with Korea (0.69%), Taiwan (0.34%), and Ecuador (0.34%) contributing marginally. Vietnam itself appears only at 1.16%, with no new inbound trade since October 2025. The “other” category (0.65%) — newly added in December 2025 — lacks granularity but may signal early-stage market testing. This extreme China-centric sourcing exposes the company to bilateral trade policy risks (e.g., Vietnam’s anti-dumping investigations on Chinese lighters, customs verification delays) and logistics bottlenecks along the Ningbo–Hạ Long corridor.
| Region | Transaction Count | % of Total | Last Transaction |
|---|---|---|---|
| China | 2253 | 97.15% | 2026-05-30 |
| Vietnam | 27 | 1.16% | 2025-10-24 |
| Korea | 16 | 0.69% | 2026-03-24 |
| Other | 15 | 0.65% | 2025-12-18 |
| Taiwan | 8 | 0.34% | 2026-04-02 |
Data interpretation shows historical reliance on Ningbo Port (98.99% of port-linked transactions), though all port activity ceased after December 2024 — marked as “lost” across all entries. No active port usage is recorded from January 2025 onward, suggesting a shift to inland delivery (e.g., FCA or EXW terms), third-party logistics handling, or incomplete customs reporting. Kaohsiung, Ulsan, and Busan appear only as legacy entries with ≤4 transactions each and no activity beyond late 2024. This port data gap implies weakening visibility into physical logistics execution — raising concerns about shipment reliability, Incoterm compliance, and documentation traceability.
| Port | Transaction Count | % of Total | Last Transaction |
|---|---|---|---|
| Ningbo | 590 | 98.99% | 2024-12-19 |
| Kaohsiung (Takao) | 4 | 0.67% | 2024-11-25 |
| Ulsan | 1 | 0.17% | 2024-12-13 |
| Busan | 1 | 0.17% | 2024-10-22 |
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