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Top 10 largest paper companies in Vietnam

Top 10 largest paper companies in Vietnam

Friday 04, 02 2022
The list of 10 largest paper companies in Vietnam was created by VietnamCredit based on their financial data including revenue, profit after tax and gross profit margin. In addition, experts of VietnamCredit also evaluated businesses based on non-financial criteria such as their development history, position in the industry, and reputation.

Below is detailed information of the largest paper companies in Vietnam:

paper companies

1. VIETNAM PAPER CORPORATION

Formed in 1976, after many changes in name and organizational structure, on April 29, 1995, Vietnam Paper Corporation was established on the basis of reorganizing the production, circulation and non-business units of the paper industry under the Ministry of Light Industry and other paper material suppliers under the Ministry of Forestry.

To implement this Decision, on August 2, 1995, the Government issued Decree No. 52/CP approving the Charter of Organization and Operation of Vietnam Paper Corporation. Accordingly, Bai Bang Paper Company is one of 15 independent accounting member units of Vietnam Paper Corporation.

On February 1, 2005 the Prime Minister issued Decision No. 29/2005/QD-TTg establishing Vietnam Paper Corporation as a special class State-owned enterprise (SOE) operating in the model of Parent - Subsidiary company, under the direct management of the Ministry of Industry and Trade.

In order to operate in accordance with the Enterprise Law No. 60/2005/QH11, on June 25, 2010 the Prime Minister signed the Decision No. 983/QD -TTg to change the parent company of Vietnam Paper Corporation into a one-member limited liability company owned by the State.

Over many years of construction and development, Vietnam Paper Corporation (VINAPACO) has constantly grown with a scale of 14 functional departments; 20 dependent accounting units, 7 bookkeeping units, 1 subsidiary and 7 associated companies.

 VIETNAM PAPER CORPORATION

The company is a multi-industry corporation, specializing in afforestation, wood processing; paper and pulp production; manufacturing and trading in printing paper, writing paper, tissue paper, packaging paper, stationery, chemicals, electricity; scientific and technological research; exporting all kinds of spare parts, equipment, machinery and materials for the paper industry; business office rental services, hotels.

VINAPACO's production capacity is approximately 200 thousand tons of pulp/year and 300 thousand tons of paper/year. It has a close production process from raw materials to the processing and consumption of paper products.

2. VIET TRI PAPER JOINT STOCK COMPANY

Viet Tri Paper Joint Stock Company was established in 1961 in Phu Tho. In recent years, thanks to the implementation of solutions to stabilize production, arrange labor, strategic orientation, invest in machinery and technology, production and consumption of the company's products are maintained and achieved a growth rate of over 20%/year. The company is gradually expanding its scale as well as its market share.

The company's main products are high-quality industrial packaging paper products, including: Duplex Coated Paper, Krafline Paper, Corrugated Paper, Testlines Paper.  It is made up of 03 member enterprises and 8 functional departments with a total workforce of over 500 people Since 1997, Viet Tri Paper Joint Stock Company has boldly invested in industrial packaging production lines with a capacity of 25,000 tons/year. This is a modern technology line with a complete internal processing system.

In October 2008, the company officially became a joint stock company. At the end of 2009, it decided to invest in a long mesh machine to produce writing paper with surface glue to meet the requirements of the market.

In 2014, the company continued to invest in a mixed fuel boiler with a capacity of 20 tons/hour, built a new warehouse with steel frame structure to have more storage area and preserve the quality of paper materials.

VIET TRI PAPER JOINT STOCK COMPANY

3. VAN DIEM PAPER JOINT STOCK COMPANY

Van Diem Paper Joint Stock Company is specializing in manufacturing, supplying and exporting printing paper, writing paper, colored paper, Kraftline paper, Chipboard paper, corrugated paper. The company was established in 1962 with the name Factory Van Diem paper and was equitized in 2005. After 60 years of establishment, the company has made great progress, and affirmed its brand in the market.

The company especially appreciates the application of advanced technology to create products of high quality, reasonable prices, minimizing the impact on nature and the surrounding environment, in order to bring a ideal living and working environment for people.  In February 2012, it put into operation a wastewater treatment system of 2000 m3/day, at the same time tested and put into operation a 25000 ton/year high-grade packaging paper production line. Therefore, the company's products have succeeded in the world market.

Since 2009, its average annual revenue has reached from 120 billion VND to 200 billion VND with product quality reaching international standards. The company has associated with Hong Ha and Ka Long paper to meet their quantity and earn from 4-5 million USD per year.

VAN DIEM PAPER JOINT STOCK COMPANY

4. PHU GIANG PAPER AND PACKAGING COMPANY

In 1994, Phu Giang Paper Joint Stock Enterprise was established with a capacity of 3000 tons/year. In 1996, the company continued to install Krap paper production line with a capacity of 3500 tons/year. Currently, these 03 lines are combined into Factory No. 1. In 1998, a production line of corrugated Cattong packaging was invested with a capacity of 3500 tons/year.

The year 2000 marked a remarkable growth with the inauguration of the office of Phu Giang Paper and Packaging Company.

In 2003, the company implemented the project to build Phu Son tourism, culture, and sport center in Phuc Son area, Vu Ninh ward, Bac Ninh city. In addition to the first 3-star hotel in Bac Ninh province, in 2005 the company completed the Phu Son cultural and sports tourism center.

PHU GIANG PAPER AND PACKAGING COMPANY

5. VINH THINH PAPER TRADING INDUSTRIAL CO.,LTD

Established in the early 90's, Vinh Thinh Paper Industry Co., Ltd. is one of the first private enterprises in the multi-function copier and large format printing paper industry. For more than 30 years of establishment and development, Vinh Thinh Paper Company has researched and launched many versatile photocopier paper products with familiar brands such as Subaru, Copy Yes, and Ace Bich.

Vinh Thinh Company has gradually grown and been sought by many manufacturers for business cooperation. Currently, Vinh Thinh Company has been a distribution partner of large corporations such as Plus stationery, Kokuyo stationery, Sharp computer, 3M stationery, Stabilo stationery, etc.

VINH THINH PAPER TRADING INDUSTRIAL CO.,LTD

6. HAI TIEN PAPER JOINT STOCK COMPANY

Hai Tien Paper Joint Stock Company has been operating since 1989. The brand name of Hai Tien Paper has affirmed a firm foothold in the national market. Its main products are notebooks, writing notebooks, horizontal notebooks, elliptical notebooks, photocopy paper, test paper, art paper.

The factory of the company has an area of ​​22,000 m2. It currently employs from 400-500 employees. Hai Tien Paper possesses the most modern system of machines, production technology and production lines in Vietnam.

HAI TIEN PAPER JOINT STOCK COMPANY

7. HOA DANG PAPER PRODUCTION ANH TRADING CO.,LTD

From a small paper distribution facility in the early days of its establishment in 1996, Hoa Dang Paper Production and Trading Co., Ltd. has now become a manufacturer and distributor of branded printed paper, photocopy paper, and exercise paper in Vietnam.

Hoa Dang's paper products are currently being widely consumed throughout the provinces and regions stretching from the North to the South of the country, including the main product lines named Au Lac and Nano with various quantities and sizes.

With a system of modern machinery and production technology lines, a system of warehouses, factories, and a team of skilled, well-trained and professional production staff, Hoa Dang's photocopy paper and notebook paper are of high quality with reasonable price and cost.

HOA DANG PAPER PRODUCTION ANH TRADING CO.,LTD

8. MINH CUONG PHAT PAPER CO., LTD

Minh Cuong Phat was established in Dong Nai in 2004, specializing in supplying pulp and paper products for industries such as printing, packaging, apparel, and consumer goods. After 18 years of operation, the company has stood among 10 major pulp and paper suppliers in Vietnam. The company's goods are also imported from Japan, Indonesia, Korea, Chile, USA...

Currently, Minh Cuong Phat is the exclusive agent of importing a number of white paper and newsprint as well as duplex paper brands with good quality and competitive price.

On January 11, 2021, at Amata industrial park, Minh Cuong Phat Paper Co., Ltd. held the inauguration ceremony and officially put the new factory and office with an area of more than 1 hectare into use.

MINH CUONG PHAT PAPER CO., LTD

9. HOANG HA PAPER PRODUCTION CONSULTING COMPANY LIMITED

Since 2001, the appearance of Hoang Ha Paper Production Company has helped the domestic paper market to develop and compete more actively. As one of the leading large paper manufacturers in Vietnam, with diverse products, the company is able to meet customer needs.

The company operates in Hanoi, Hai Phong and Ha Nam with an output of up to 35,000 tons per year. With sustainable development over the years, Hoang Ha has asserted its influence and position even more strongly.

HOANG HA PAPER PRODUCTION CONSULTING COMPANY LIMITED

10. CONG TY TNHH NGUYEN HUY

Nguyen Huy Co., Ltd was established in 2004, and officially put into operation in early 2006. The company is specializing in manufacturing and supplying paper products including school notebooks, and photocopy paper.

With the motto “Quality, professionalism, prestige, cheap price for customers", the products provided by the company have been branded in the Vietnamese and international markets.

CONG TY TNHH NGUYEN HUY

Henry Tran - VietnamCredit

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