What Ben Thanh Service does

Ben Thanh Service Joint Stock Company (BTSC) is a Vietnamese diversified services company headquartered at 390 Nguyen Cong Tru, Ward Ben Thanh, District 1, Ho Chi Minh City, operating since 2003 as a subsidiary of state-owned conglomerate Tổng Công ty Bến Thành (Ben Thanh Group). Approximately 45% of charter capital is state-owned following its 2007 conversion from a state-owned enterprise to a joint-stock company; the company subsequently cancelled its public-company status in late 2025. BTSC delivers services across three core business lines — restaurant and hotel services (anchored by the Vinh Loc Conference Center with 9 banquet halls and 3,000-guest capacity), commercial services (a 5,000 m2 warehouse adjacent to Saigon Port, freight transportation, logistics, and import-export operations), and real estate services (office leasing, market stall rentals at Tam Binh and Binh Dien) — supplemented by industrial cleaning, solar energy O&M through subsidiary BENTHANH SOLAR, CCTV, construction, and insurance services.

The underlying operating technology is conventional: physical infrastructure (warehouse with 24/7 operations, fire/security systems, ventilation), standard cleaning equipment, solar PV installations, and basic CCTV systems. There is no proprietary software platform, no disclosed AI/ML or automation systems, and no patents or trademarks. BTSC is certified to ISO 9001:2008 quality management standards since 2006 (awarded by QUACERT), and operates four wholly-owned subsidiaries — Văn phòng Công ty, Trung tâm Dịch vụ Kho Vận, Công ty CP Dịch vụ Vĩnh Lộc-Bến Thành, and BENTHANH SOLAR.

Revenue is generated through transaction fees (storage, transportation, logistics charges), recurring real estate leases (office and market stalls), and professional service fees (event hosting, cleaning, solar O&M, construction). Pricing is quote-based and not publicly disclosed. Distribution is exclusively domestic through direct enterprise and SMB sales channels in Ho Chi Minh City and southern Vietnam, with no international footprint, app, or digital platform. The go-to-market is relationship-driven enterprise field sales targeting import-export businesses, market vendors, event customers, and industrial facility operators.

Name

Ben Thanh Service

Legal name

Công ty Cổ phần Dịch vụ Bến Thành

Website

https://btsc.com.vn

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Ben Thanh Service (BTSC) is a Ho Chi Minh City-based diversified services company owned ~45% by Vietnamese state conglomerate Ben Thanh Group, operating warehouses near Saigon Port, a 3,000-guest banquet venue, office and market-stall real estate, industrial cleaning, and solar energy O&M services.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Services: Warehouse operations, goods transportation, logistics, international freight forwarding, and import-export services. Revenue generated from storage fees, transportation fees, and logistics service charges.
2. Real Estate Services: Office space leasing with small-scale, medium-priced offices; investment in approved projects for infrastructure development; market stall rentals at Tam Binh and Binh Dien markets; long-term warehouse leasing at Nguyen Khoai, District 4.
3. Restaurant and Hotel Services: Restaurant and hotel system development; accommodation services; event hosting including conferences, weddings, and banquets. Vinh Loc Conference Center and Wedding Restaurant with 9 halls and 3,000 person capacity generates event and hospitality revenue.
4. Industrial and Building Services: Solar energy system installation and maintenance; industrial cleaning services; construction and repair of industrial and civil works; office equipment maintenance including computers and printers; CCTV installation and maintenance; insurance services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels1 record

Core offering

Ben Thanh Service (BTSC) is a diversified Vietnamese services company operating across four main business areas: (1) commercial services including warehouse storage, freight transportation, logistics, and import-export operations from a 5,000 m2 facility near Saigon Port; (2) real estate services offering office space leasing and infrastructure project investments; (3) restaurant, hotel and event hospitality services centered on the Vinh Loc Conference Center with 9 banquet halls and 3,000-guest capacity; and (4) industrial and building services including solar power installation/maintenance, industrial cleaning, construction, refrigeration, CCTV, and insurance.

Product overview

Ben Thanh Service (BTSC) operates as a diversified services company with three main business lines: (1) Restaurant & Hotel Services including restaurant chains, cafes, accommodation services, and the Vinh Loc Conference Center with 9 banquet halls and 3,000 guest capacity; (2) Commercial Services encompassing warehouse storage (5,000 m2 facility near Saigon Port), logistics, freight transportation, and import/export operations; and (3) Real Estate Services offering office space rentals and infrastructure project investments. Additionally, the company provides industrial cleaning, solar power operations & maintenance, refrigeration services, camera installation, IT support, insurance, and parking services through its subsidiaries including BENTHANH SOLAR (solar energy) and Công ty Cổ phần Dịch vụ Vĩnh Lộc - Bến Thành.

Differentiator

Problem solved

Functional benefit

Brands

• Trung tâm Dịch vụ Kho Vận: Dịch vụ logistics, vận tải hàng hóa, kinh doanh kho bãi với diện tích 5.000 m2
• Trung tâm Hội Nghị Vĩnh Lộc
• BENTHANH SOLAR

Products and services

• Restaurant & Hotel Services (Nhà hàng khách sạn) Building and operating restaurants and hotels at small and medium scale, developing accommodation services including restaurant chains, cafes, conference facilities, and wedding banquet services for commercial clients and event customers in Ho Chi Minh City.
• Commercial Services (Dịch vụ thương mại) Warehouse storage, goods transportation, logistics, international shipping, and import/export services, anchored by a 5,000 m2 warehouse facility near Saigon Port on Nguyen Tat Thanh street serving import-export and trading companies in southern Vietnam.
• Real Estate Services (Dịch vụ bất động sản) Office space rental services with small-scale, medium-priced offices; investment in approved infrastructure and commercial service center projects; market stall rentals at Tam Binh and Binh Dien markets; long-term warehouse leasing at Nguyen Khoai, District 4.
• Industrial Cleaning Services (Dịch vụ vệ sinh công nghiệp) Industrial cleaning services for warehouses, cold storage, buildings, swimming pools, clean rooms and sterile environments, including disinfection and antibacterial services for factories, ports, and commercial facilities.
• Solar Power Operations & Maintenance (Vận hành và bảo dưỡng điện năng lượng mặt trời) Operation, maintenance, installation of solar power systems and periodic solar panel cleaning delivered through the BENTHANH SOLAR subsidiary.
• Warehouse Services (Dịch vụ kho bãi) Warehouse storage facilities with 5,000 m2 area in District 4 near Saigon Port, featuring full security systems, lighting, ventilation, and 24/7 operations capability for commercial tenants.
• Freight Transportation (Vận tải hàng hóa) Domestic cargo transportation services by road, specializing in intra-city freight with reliable and timely delivery for trading and commercial customers.
• Vinh Loc Conference Center (Trung tâm Hội nghị Vĩnh Lộc) Restaurant and wedding banquet conference center located in Vinh Loc Industrial Park, Binh Tan District, with 9 banquet halls and capacity of 3,000 guests, suitable for weddings, birthdays, and conferences.
• Refrigeration/Electrical Services (Dịch vụ điện lạnh) Maintenance, gas refilling, and repair services for air conditioning units for commercial and office customers.
• Camera Installation Services (Dịch vụ lắp đặt Camera) CCTV camera installation and maintenance services for commercial buildings and offices.
• Insurance Services (Dịch vụ bảo hiểm) Insurance services offered by the company covering commercial risks for corporate clients.

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Công ty CP TM Phú NhuậnminorStrategic or Co-development Partner · 1 January 2024BTSC disclosed entering into contracts and transactions with Công ty CP TM Phú Nhuận in 2024, indicating commercial business relationship between the two companies
• Công ty CP Giao Nhận Bến ThànhminorOthers · 1 January 2023BTSC divested its capital investment at Công ty CP Giao Nhận Bến Thành in 2023, completing the exit process as approved by shareholders. This was a related-party entity previously under the Ben Thanh Group ecosystem.
• Ben Thanh Group (Tổng Công ty Bến Thành)coreOthersBTSC is a subsidiary member of Ben Thanh Group, a major Vietnamese state-owned enterprise conglomerate. BTSC originated from the Group's commercial and service divisions. The company was established based on the merger of three dependent accounting units of Ben Thanh Group: Trading and Service Center, Sunimex Logistics Service Station, and Seafood Processing Workshop.
• Hanoi Stock Exchange (Sở Giao Dịch Chứng Khoán Hà Nội)minorOthersListed exchange entity for securities trading and regulatory oversight of listed companies including BTSC

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Vinafco: Vietnamese logistics provider offering warehousing, freight forwarding and 3PL services. Comparable to BTSC for warehouse and freight operations serving import-export and trading customers.
• Saigon Newport Corporation: Vietnam's largest container terminal operator, state-owned and headquartered in HCMC. Comparable to BTSC as a state-affiliated HCMC-based logistics company serving import-export customers, though operating at significantly larger scale in port and terminal services.
• Gemadept Corporation: Listed Vietnamese logistics and port-operating company providing warehousing, freight forwarding and container handling. Highly comparable to BTSC's commercial services line given overlap in domestic logistics and freight forwarding for trading customers.
• Sotrans (Sotrans JSC): Listed Vietnamese logistics company providing freight forwarding, warehousing and bonded warehouse services. Directly comparable to BTSC's Trung tâm Dịch vụ Kho Vận business line, particularly for freight forwarding and storage for trading companies.
• Hapro (Hanoi Trade Corporation): State-owned diversified trade and services company based in Hanoi, with businesses spanning retail, hospitality, real estate and export trading. Comparable to BTSC as a state-affiliated Vietnamese diversified services company with a similar multi-business structure and post-equitization heritage.

Broad incumbents

• ESR Group: Asia-Pacific focused warehouse and industrial real estate operator and fund manager. Comparable to BTSC's owned-warehouse leasing model for trading customers, particularly relevant in HCMC and southern Vietnam logistics corridors.
• Vinalines (Vietnam National Shipping Lines): State-owned Vietnamese maritime group providing shipping, port and logistics services. Comparable to BTSC as a state-owned Vietnamese logistics ecosystem player, though operating at substantially larger scale and focused on ocean freight.
• Prologis: Global industrial real estate and warehouse REIT. Comparable to BTSC's owned warehouse and real estate leasing operations, though operating at vastly larger scale and as a specialized industrial-logistics landlord rather than a diversified conglomerate.
• GLP (Global Logistic Properties): Global warehouse and logistics real estate platform with major presence across Asia. Comparable to BTSC's owned warehouse leasing business for import-export customers, particularly as a benchmark for institutional-grade warehouse real estate in Vietnam.
• Vietnam Post (VNPost): State-owned Vietnamese postal and logistics group offering parcel delivery, warehousing and e-commerce logistics. Comparable to BTSC as a state-owned Vietnamese logistics and delivery services provider serving commercial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ben-thanh-service-jsc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ben Thanh Service