- CEO
- Hoan Huu Nguyen
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Thai Binh Vietnam
- IPO Date
- May 9, 2023
- Business
- Hoang Ha Joint Stock Company is a Vietnam-based transportation and commercial services enterprise primarily engaged in passenger road transport, automotive trading, petroleum retail, and transport infrastructure management. Founded in 2001 and headquartered in Thai Binh City, Thai Binh Province, Vietnam, the company operates primarily across northern Vietnam, connecting Thai Binh with major urban and commercial centers including Hanoi, Hai Phong, Quang Ninh, and Nam Dinh. The company organizes its commercial operations into four principal business segments: Passenger Transportation Services, Automotive Dealership and Technical Services, Petroleum and Fuel Distribution, and Real Estate and Infrastructure Management.
In its Passenger Transportation Services division, the company offers interprovincial fixed-route coach and bus services; municipal and provincial public transit bus operations; metered taxi operations under the Hoang Ha Taxi brand; scheduled luxury limousine and shuttle services catering to business commuters and tourists; and private contract vehicle rentals for corporate and travel clients. Through its Automotive Dealership and Technical Services division, Hoang Ha engages in the authorized retail distribution of passenger cars, commercial trucks, and buses; vehicle warranty, repair, and scheduled maintenance services; wholesale and retail sales of genuine automotive spare parts, tires, and accessories; operation of accredited motor vehicle inspection and technical testing centers; and the administration of driver training and license testing facilities. In its Petroleum and Fuel Distribution division, the company owns and operates a network of regional fuel service stations supplying gasoline, diesel fuel, engine oils, lubricants, and convenience retail goods. Under its Real Estate and Infrastructure Management division, the company develops and manages transport terminals, centralized bus depots, commercial office spaces, warehousing facilities, and roadside service plazas.
In recent developments, Hoang Ha Joint Stock Company has implemented operational restructuring initiatives to strengthen financial stability and modernize its operating asset base, including transitioning its share trading to the UPCoM exchange. The company has undertaken fleet renewal programs to introduce energy-efficient and low-emission buses and taxis, while integrating digital fleet management technologies such as automated ticketing platforms, online booking systems, and GPS-enabled dispatch monitoring. Furthermore, Hoang Ha has upgraded its vehicle testing and driver instruction facilities to comply with revised national technical standards and has optimized its petroleum retail network through site modernizations and service standard enhancements.