CôNg Ty Tnhh GiầY HiệP HồNg ViệT Nam
Business Opportunity Assessment Report

Company Snapshot

VIET NAM HIEP HONG FOOTWEAR COMPANY LIMITED is a Vietnam-based limited liability company established on 2 July 2019, legally registered in Nam Dinh Province. It operates primarily as a footwear manufacturer (C1520) and also engages in textile-related production (e.g., mats, cushions, leather goods). The firm functions as an OEM manufacturer in global supply chains, sourcing raw materials and components—especially from China and Hong Kong—for downstream assembly and export. Its operational structure shows high concentration in imported inputs rather than domestic sales or branding, with trade activity intensifying notably since late 2024.

Company Attribute Information

Trade Trend Analysis

Data interpretation: Over the past 23 months (2024-05 to 2026-05), transaction volume shows extreme volatility — peaking at 5.97M units in Nov 2024 and 5.33M in Dec 2024, then dropping sharply to 280K in Feb 2025 before rebounding to ~1.2–3.5M monthly. This reflects strong seasonality and likely contract-driven production cycles tied to international footwear brands’ order windows. The absence of consistent growth or decline suggests responsiveness to external demand signals rather than organic expansion. Risk-wise, this pattern indicates high dependency on short-term buyer orders and vulnerability to demand shocks.

Trade Partner Analysis

Data interpretation: The company’s trade ecosystem is overwhelmingly dominated by one entity — Hong Kong Xie Hong Xing Trading Ltd. — accounting for 99.74% of all transactions (2,734/2,741). This extreme concentration reveals a tightly controlled supply chain where a single Hong Kong intermediary manages procurement, quality control, and onward distribution — typical of OEM arrangements serving global brands. The second partner, Cong Ty TNHH Toong I Viet Nam, appears marginal (0.26%) and newly added, suggesting exploratory domestic collaboration or backup sourcing. This structure implies minimal direct market access and significant counterparty risk tied to a single trading house.

HS Code Analysis

Data interpretation: HS codes cluster tightly around footwear components (6406 series), plastic/rubber sheets (3921, 3920), woven/non-woven textiles (5806, 5603), and packaging/filler materials (4819, 6307). The top code — 64062020 (‘other parts of footwear, of plastics’) — represents over 17% of transactions, confirming core competency in plastic-based footwear subassemblies. Codes like 39211399 (plastic sheets >1mm thick) and 56039400 (nonwovens >25g/m²) further indicate vertical integration into midstream material processing. This portfolio signals specialization in cost-sensitive, high-volume footwear component manufacturing — not finished goods or premium materials.

Trade Region Analysis

Data interpretation: Sourcing is heavily concentrated in mainland China (53.3%) and Hong Kong (29.26%), together constituting over 82% of all import transactions — consistent with Vietnam’s broader footwear industry reliance on Chinese material inputs. Vietnam itself accounts for 17.18%, likely representing domestic logistics, auxiliary materials, or subcontracted services. The ‘Other’ category (0.26%) is negligible. This regional skew confirms deep integration into Greater China–Vietnam supply corridors, optimized for cost and lead time rather than diversification. Such geographic concentration heightens exposure to cross-border regulatory shifts, tariffs, and logistical disruptions between China and Vietnam.

Export Port Analysis

Data interpretation: All top ports — Xiamen and Dongguan — are located in Guangdong and Fujian provinces, China. Their dominance (44.57% and 44.35% respectively) confirms that inbound shipments originate almost exclusively from southern Chinese manufacturing hubs. However, all entries are marked ‘Lost’, meaning no transactions occurred at these ports within the last 12 months (i.e., since June 2025). This signals a recent, decisive shift — likely to alternative Chinese ports (e.g., Shenzhen, Ningbo) or direct air freight — possibly driven by port congestion, customs efficiency, or new logistics contracts. This port realignment reflects adaptive but opaque logistics management, reducing visibility into current physical supply chain nodes.

Contact Information

• Official Name: VIET NAM HIEP HONG FOOTWEAR COMPANY LIMITED
• Tax Code: 0601180999
• Legal Representative: Nguyen Ngoc Yen
• Address: Thôn Lục Thủy, Xã Xuân Hồng, Huyện Xuân Trường, Tỉnh Nam Định, Vietnam (alternative address: Xóm 5, Xã Hải Hưng, Huyện Hải Hậu, Nam Định)
• Establishment Date: 2 July 2019

No verified email, phone, or official website found in public sources. No LinkedIn, Facebook, or Twitter profiles identified.

Company Trade Summary

• Core identity is OEM footwear component manufacturing — not branded footwear or retail.
• Extreme trade concentration: >99% of transactions routed through one Hong Kong trading house.
• Input-driven model: Heavy reliance on Chinese-origin plastic, textile, and packaging materials (HS 6406, 3921, 5603, 4819).
• Recent port shift: All top historical ports inactive since Dec 2024 — logistics network likely reconfigured.
• No visible digital footprint: Absence of corporate website, social media, or contact details limits direct engagement potential.