CôNg Ty Tnhh Sung Won Vina
Business Opportunity Assessment Report

Company Snapshot

Công ty TNHH Sung Won Vina is a Vietnamese limited liability company registered under tax code 0101990427, headquartered in Hanoi. It operates as a manufacturing entity specializing in textile and industrial fabric-related products, evidenced by its dominant HS codes (e.g., 55121900, 58089090) tied to woven fabrics, lace, elastic bands, and technical textiles. The firm functions primarily as an OEM supplier — with over 94% of its trade volume linked to Korean parent entities (Sungwon F&K Co., Ltd. and Sungwonesco Co., Ltd.) — indicating tight vertical integration within a global supply chain. Its transactional activity surged notably from late 2024 onward, peaking at 1.84M units in February 2026, signaling recent operational scale-up.

Company Attribute Information

Trade Trend Analysis

Data interpretation reveals extreme concentration in monthly volume — three months (Feb 2026, Mar 2026, Jun 2025) account for ~45% of total 24-month transaction volume, with February 2026 alone contributing 1.84M units (10.7% of full period). This indicates episodic, high-intensity production cycles rather than steady linear output — likely aligned with seasonal or contract-driven OEM fulfillment schedules. The sharp drop from 1.84M (Feb 2026) to 740K (Mar 2026) and subsequent rebound to 1.17M (Mar 2026) suggests responsiveness to external order triggers rather than internal inventory buildup. A pronounced volatility pattern signals dependency on just-in-time demand signals from upstream buyers.

Trade Partner Analysis

Data interpretation shows near-total reliance on two Korean affiliates: Sungwon F&K Co., Ltd. (89.5% of transactions) and Sungwonesco Co., Ltd. (5.2%), collectively representing 94.7% of all trade activity. Domestic Vietnamese partners (Anyone Vina, DST Vina) contribute only marginally (5.1% combined), while third-country engagement (e.g., Philippines’ Polyplex Thailand) has lapsed since September 2024. This reflects a tightly controlled intra-group supply chain — not open-market trading — where Sung Won Vina serves as a dedicated offshore production arm. This structure implies minimal independent commercial autonomy and high exposure to Korean parent’s procurement strategy shifts.

HS Code Analysis

Data interpretation highlights strong diversification within technical textile categories: the top 20 HS codes span 7 product families — including woven synthetics (55121900), lace (58089090), knitted elastics (60063290), nonwovens (56041000), self-adhesive plastics (39199099), packaging textiles (48211090), and fasteners (83089090). Yet no single code dominates (>9.5% max), suggesting modular production capability across complementary inputs for apparel, automotive, or medical end-uses — consistent with OEM flexibility. All top codes are classified under Chapters 39, 48, 55–58, 59, 60, 83, 96 — confirming focus on functional, value-added textile components. This breadth signals adaptability to multi-application sourcing but also disperses competitive differentiation across niche categories.

Trade Region Analysis

Data interpretation shows overwhelming geographic concentration: Korea accounts for 78.1% of transaction count, China for 15.8%, and Vietnam for 5.5% — together forming 99.4% of all activity. Taiwan and “Other” appear only once each in 2025–2026, indicating negligible diversification beyond core Asian sourcing hubs. Notably, Japan, Thailand, Hong Kong — all previously active — have seen zero transactions since early/mid-2025, confirming strategic consolidation toward Korea-China-Vietnam triangle logistics. This triad aligns with regional nearshoring trends in textile supply chains post-2023. This regionally narrow footprint increases vulnerability to bilateral trade policy changes or port disruptions in Korea or China.

Export Port Analysis

Data interpretation confirms complete discontinuation of historical export infrastructure: all top ports (Incheon, Shanghai, Busan, Laem Chabang) show “Lost” status with last activity dated December 2024 or earlier — meaning zero shipments via these gateways for over 17 months. No active export port appears in the 2025–2026 transaction data, implying either domestic delivery-only operations (B2B handover within Vietnam/Korea without formal export documentation), use of third-party logistics intermediaries not captured in customs manifests, or reliance on air freight/courier channels excluded from standard port-level customs records. This absence contradicts typical OEM export behavior and warrants verification of shipment methodology. This port data gap raises questions about actual physical logistics flow versus contractual ownership transfer points.

Contact Information

• Official Website: Not publicly available (no verified domain found)
• Facebook: https://www.facebook.com/p/C%C3%B4ng-ty-TNHH-SUNG-WON-Vina-100067903940707
• Tax ID: 0101990427
• Registered Address: Khuôn viên Công ty Cổ phần Formach, Ngõ 53, Đường Phan Trọng Tuệ, Thị trấn Văn Điển, Thanh Trì, Hà Nội
• Email / Phone: Not disclosed in public sources

Company Trade Summary

• Operates exclusively as a Korean-owned OEM textile component manufacturer — no independent brand or distribution activity.
• Production portfolio spans functional textile categories: woven synthetics, lace, elastic knits, nonwovens, labels, and fasteners — enabling cross-industry applicability (apparel, automotive, medical).
• Transactional volatility and lack of active export port data suggest operation model may involve domestic handover or non-standard logistics — requiring due diligence before commercial engagement.
• Near-total dependence on two Korean parent companies creates high counterparty concentration risk.
• Geographic trade scope remains tightly anchored to Korea-China-Vietnam axis, with no evidence of expansion into ASEAN, EU, or Americas markets.