TAN TIEN PACKAGING JOINT STOCK COMPANY

TAN TIEN PACKAGING JOINT STOCK COMPANY has been operating for more than twenty years at the core of Vietnam consumer packaging industry, serving fast moving consumer goods producers, food manufacturers, and multinational brand owners that require high quality plastic packaging solutions, and TAN TIEN PACKAGING JOINT STOCK COMPANY has developed into one of the most established flexible packaging manufacturers in Vietnam, and TAN TIEN PACKAGING JOINT STOCK COMPANY remains deeply embedded in regional and global consumer goods supply chains. Established in 2004 and headquartered in Tan Binh Industrial Park in Ho Chi Minh City, the company plays a critical role in supplying packaging products that connect consumer brands with end markets across Vietnam and beyond.

Leadership, Ownership, and Strategic Positioning

TAN TIEN PACKAGING JOINT STOCK COMPANY operates as a joint stock company with foreign direct investment status. The company is chaired by Cho J. K., with executive management led by General Director Youn J. Y. and supported by a professional financial leadership team. The ownership structure reflects strong foreign strategic participation, with Dongwon Systems Corp from South Korea holding 88.16 percent of shares, positioning the company within a global packaging and materials group with international customers and advanced production standards.

In the packaging industry, ownership by a global materials group is strategically important. It supports access to multinational clients, long term supply contracts, technology transfer, and capital investment for capacity expansion. This positioning places Tan Tien Packaging within the preferred supplier base for large consumer goods companies operating in Asia.

Understanding the Consumer Packaging Industry in Vietnam

Vietnam consumer packaging industry has expanded rapidly alongside the growth of fast moving consumer goods, food and beverage production, pharmaceuticals, and personal care products. Packaging demand is directly linked to population growth, urban consumption, retail modernization, and export oriented manufacturing.

Flexible plastic packaging manufacturers play a central role in this ecosystem by providing solutions that protect products, extend shelf life, and support branding and logistics efficiency. As consumer companies increasingly prioritize sustainability, quality consistency, and supply chain resilience, packaging suppliers with scale, financial strength, and technical capability gain a competitive advantage.

Global Packaging Industry Context and Demand Trends

Globally, packaging demand continues to rise in line with consumer consumption, e commerce growth, and international trade flows. The global shift toward packaged food, ready to consume products, and branded consumer goods has increased demand for high performance packaging materials that meet food safety and regulatory standards.

In Asia, packaging manufacturing hubs such as Vietnam benefit from regional supply chain diversification as global brands seek production bases closer to end markets. This trend favors established packaging manufacturers with strong balance sheets, modern factories, and the ability to serve both domestic and export markets.

What TAN TIEN PACKAGING JOINT STOCK COMPANY Actually Does

The company core business focuses on producing plastic packaging products. Its registered business activities include the manufacture of plastics products, other articles of paper and paperboard, and related manufacturing activities. The company also maintains registrations for wholesale and consultancy activities that support its core manufacturing operations.

Tan Tien Packaging operates its main facilities in Ho Chi Minh City and maintains a factory in Bac Ninh Province. This dual location structure supports efficient service to consumer goods manufacturers in both southern and northern Vietnam, enhancing logistics flexibility and customer responsiveness.

One Financial Signal That Shows Market Relevance

In 2023, TAN TIEN PACKAGING JOINT STOCK COMPANY reported total sales of USD 71.24 million. This revenue level highlights the company position as a large scale packaging manufacturer serving consumer goods and industrial clients rather than a small contract producer. In packaging manufacturing, revenue scale often reflects long term customer relationships and recurring demand from consumer brands.

Reading Performance Through an Investment Lens

The company financial performance shows total assets of USD 65.58 million and owner equity of USD 46.65 million in 2023. Profit reached USD 6.28 million, representing a sharp improvement compared to previous years. Working capital stood at USD 36.32 million, indicating strong liquidity and operational flexibility.

From an investment perspective, this combination of asset growth, equity expansion, and profit recovery suggests a manufacturing business that has moved into a more efficient and stable operating phase. In consumer packaging, profitability often improves as scale increases and production utilization stabilizes.

Demand Outlook for Consumer Packaging in Vietnam and Globally

Consumer packaging demand in Vietnam is expected to remain supported by rising household consumption, expansion of modern retail channels, and continued growth in food processing and export manufacturing. Packaging suppliers that can meet quality, safety, and delivery requirements are likely to benefit from long term demand visibility.

Globally, packaging demand remains structurally supported by population growth and global trade. While pricing cycles and raw material volatility affect margins, companies with strong customer portfolios and diversified end markets tend to show greater resilience across economic cycles.

Why This Company Is Worth Closer Attention

TAN TIEN PACKAGING JOINT STOCK COMPANY represents a mature and well capitalized packaging manufacturer operating at the heart of consumer goods supply chains. Its long operating history, foreign strategic ownership, and improving financial performance make it a relevant case study for investors, partners, and counterparties assessing Vietnam packaging sector.

For stakeholders evaluating exposure to consumer driven manufacturing in Vietnam, understanding companies like Tan Tien Packaging provides insight into how global consumer demand translates into industrial scale production and financial returns.

VNBIS Insight and How to Access the Full Report

This overview is designed to educate readers about TAN TIEN PACKAGING JOINT STOCK COMPANY and the consumer packaging industry, while intentionally leaving out deeper layers such as customer concentration, contract duration, sustainability investments, and detailed cost structure.

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