CôNg Ty Tnhh NgọC Ngà
Business Opportunity Assessment Report

Company Snapshot

Công Ty TNHH Ngọc Ngà is a Vietnamese limited liability company established on April 11, 2005, headquartered in Móng Cái City, Quảng Ninh Province — a key border trade hub adjacent to China’s Guangxi region. The firm operates primarily as a trading intermediary focused on tobacco-related commodities, with regulatory compliance and cross-border logistics embedded in its operational structure. Its tax ID (5700540063) and consistent registration across multiple official Vietnamese business directories confirm formal incorporation and active status. A notable surge in monthly transaction volume — from 2,630 units in June 2025 to 47,186 in April 2026 — signals intensified trade activity over the past 12 months.

Company Attribute Information

Trade Trend Analysis

Data interpretation reveals extreme concentration in transaction frequency: over 98% of all recorded shipments occurred within the last 12 months, with a sharp 1,700%+ increase in volume between June 2025 (2,630 units) and April 2026 (47,186 units). This reflects rapid scaling in operational throughput rather than organic growth — likely tied to seasonal or contractual procurement cycles. The volatility (e.g., drop from 47,186 in Apr to 37,702 in May 2026) suggests dependency on short-term supply agreements rather than stable, recurring demand. A pronounced recent uptick in transaction frequency — but not uniform volume growth — indicates operational ramp-up under time-bound commercial mandates.

Trade Partner Analysis

Data interpretation shows near-total dominance by two Chinese suppliers — Dongxing City Shifeng Trading Co., Ltd. (65.48% of all transactions) and Guangxi Xiangyun Imp&Exp Co., Ltd. (31.94%). Their combined share exceeds 97%, indicating structural reliance on a tightly controlled dual-supplier model. Both maintain long-standing relationships (“Maintained” status), with latest activity confirmed as recently as October 2025. The emergence of China Tobacco Guizhou Industrial Co. (2.26%) and VGO International Limited (0.32%) in August 2025 suggests deliberate, albeit minor, diversification — possibly for quality assurance or regulatory hedging. Heavy bilateral dependency on just two counterparties introduces material counterparty risk, with no visible alternative sourcing infrastructure in place.

HS Code Analysis

Data interpretation confirms extreme product focus: HS 24022090 (unmanufactured tobacco, not stemmed or stripped) accounts for 98.27% of all transactions — a near-monoline operation. The secondary code HS 24021000 (cured tobacco leaves, stemmed or stripped) appears only 21 times (1.73%), exclusively in May 2026. This suggests either a strategic pivot toward value-added grades or a one-off trial shipment. No other HS codes appear — confirming strict specialization in raw tobacco commodity trading, aligned with Vietnam’s role as a re-export conduit for Chinese-origin leaf. Operational rigidity around a single HS code implies low product diversification capacity and high exposure to tariff or phytosanitary policy shifts affecting unprocessed tobacco.

Trade Region Analysis

Data interpretation highlights overwhelming geographic concentration: China accounts for 33.77% of transaction count, while “Other” — a placeholder category used by Vietnamese customs for unspecified or aggregated destinations — dominates at 65.98%. Given Móng Cái’s location and documented export patterns, “Other” almost certainly represents re-exports to third countries (e.g., ASEAN members, Middle East, Russia), routed via Vietnam for tariff or documentation advantages. UAE and Armenia appear only once each — early signals of emerging outbound lanes, though still statistically negligible. Geographic opacity in the “Other” category limits traceability and raises compliance visibility concerns for downstream buyers.

Contact Information

• Official Address: Khu 1, Phường Hải Hoà, Thành phố Móng Cái, Tỉnh Quảng Ninh, Vietnam
• Phone: +84 332 218 168
• Tax ID: 5700540063
• Establishment Date: April 11, 2005
• Legal Representative: Nguyễn Công Thế
• Website: Not publicly available (no verified domain found)
• Social Media: No active LinkedIn, Facebook, or Twitter profiles identified
• Email: Not disclosed in public records

Company Trade Summary

• Operates exclusively as a tobacco commodity distributor — no manufacturing or branding activity observed.
• Relies almost entirely on two Chinese suppliers, with zero visible alternative sourcing channels.
• 98.27% of activity centers on HS 24022090 — unmanufactured tobacco — signaling narrow operational scope.
• “Other” region category dominates trade flow, suggesting opaque re-export operations lacking transparent destination disclosure.
• Recent transaction surge reflects short-term commercial scaling, not sustainable market expansion.