AVERY DENNISON RIS VIETNAM CO.,LIMITED

AVERY DENNISON RIS VIETNAM CO., LIMITED (Vietnamese name: CÔNG TY TNHH AVERY DENNISON RIS VIỆT NAM) is a wholly foreign-owned enterprise and part of the global Avery Dennison group, known for its innovation in labeling, branding, and packaging solutions. Established on August 8, 2008, the company operates under Tax Code (TIN): 3700482964, with headquarters in Long Hau Industrial Park, Long An Province, and a major production branch in Bac Ninh Province. It employs around 3,000 people, offering services in printing, smart labeling, RFID tagging, and data-integrated retail branding across Southeast Asia.

The company is led by General Director Ms. Nguyen Cuu Thanh Chau and is fully owned by Paxar Far East Limited, a Hong Kong-based subsidiary of Avery Dennison Corporation. It serves as a key manufacturing hub for the group’s operations in Asia, supporting apparel, footwear, electronics, and logistics sectors.

In 2023, AVERY DENNISON RIS VIETNAM reported USD 235.93 million in revenue, up 2.37% from the previous year—a sign of stable demand despite global headwinds. However, its net profit declined by 7.09% to USD 21.73 million, reflecting margin pressure and possibly rising input or labor costs. Total assets grew strongly to USD 131.74 million, up 17.76%, while owner’s equity increased to USD 66.74 million, indicating retained earnings and reinvestment. The company’s working capital stood at USD 23.42 million, ensuring operational liquidity and resilience.

Despite steady growth, AVERY DENNISON RIS VIETNAM must contend with several strategic concerns. Its profit contraction, though relatively minor, follows a huge surge in 2022, suggesting a normalization phase that may reveal structural cost issues. The firm's product line—focused heavily on printing and labeling—also faces increased competition from digital packaging solutions and locally emerging print tech firms. Additionally, its 100% foreign ownership by a Hong Kong-based entity may pose geopolitical risks, especially amid tightening trade scrutiny and cross-border data regulations.

Nonetheless, AVERY DENNISON RIS VIETNAM remains a vital regional asset for the Avery Dennison network. It continues to benefit from strong brand equity, technical expertise, and deep integration with global supply chains. Its diversified registration—ranging from IT and programming services to apparel and paper-based manufacturing—provides flexibility for future adaptation or expansion into smart label technologies.

In conclusion, AVERY DENNISON RIS VIETNAM CO., LIMITED is a stable, efficient, and globally connected manufacturer whose current challenge lies not in growth, but in defending profitability and staying ahead of digital disruption. For comprehensive credit reviews, supply chain evaluations, and operational due diligence on Vietnam’s top FDI manufacturers, trust VANGUARD BUSINESS INFORMATION LLC (VBI)—your expert in global business intelligence.