TETRA PAK VIETNAM JOINT STOCK COMPANY

TETRA PAK VIETNAM JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TETRA PAK VIỆT NAM) is a key player in Vietnam’s packaging and processing industry, specializing in providing advanced paper packaging machinery and equipment for the beverage industry, particularly for milk and other liquid products. The company is a subsidiary of the globally renowned Tetra Pak Group, which operates across multiple countries. Established on September 9, 2008, and registered with the Ho Chi Minh City Department of Planning and Investment, the company has developed a strong foothold in Vietnam's growing industrial sector.

Legal Status and Corporate Structure

TETRA PAK VIETNAM JOINT STOCK COMPANY is a foreign direct investment (FDI) entity, legally registered under Business ID: 0302803331. With a charter capital of USD 151,972, the company operates as a joint-stock company with three primary foreign shareholders from Tetra Pak Jurong PTE Ltd, Tetra Pak Asia PTE Ltd, and Tetra Pak South East Asia PTE Ltd, all based in Singapore. These entities collectively own and control the company, ensuring its strategic alignment with Tetra Pak’s global business operations.

The company maintains an active business license and operates out of its head office in Ho Chi Minh City, located on the 14th Floor of the Metropolitan Building, No. 235, Dong Khoi Street, Ben Nghe Ward, District 1. Additionally, it has a representative office in Hanoi, located on the 11th Floor of BIDV Building, No. 194, Tran Quang Khai Street, Hoan Kiem District.

Key Personnel

TETRA PAK VIETNAM JOINT STOCK COMPANY is led by a team of experienced international and local professionals.

• Mr. Eliseo Barcas Fernandez Lauria, a Spanish national, serves as the Chairman and General Director. His leadership is instrumental in driving business growth and maintaining the company's strong position in the market.
• Mr. Sandeep Shivshankaranmenon, an Indian national, holds the role of Financial Director, overseeing the company's financial health and strategic investments.
• Ms. Nguyen Loan Anh, a Vietnamese national, is the Chief Accountant, ensuring compliance with financial regulations and accounting practices.

Financial Performance

The company's financial position has shown consistent growth over recent years, demonstrating its strong market presence and effective business strategies. In 2023, it recorded:

• Total Assets: USD 53.01 million (+24.98% YoY)
• Owner’s Equity: USD 7.63 million (+35.34% YoY)
• Total Sales: USD 293.81 million (+6.17% YoY)
• Net Profit: USD 4.27 million (+63.25% YoY)

These figures highlight the company's financial resilience and expansion, especially in profitability, which saw a significant increase compared to 2022. The steady rise in total assets and equity further indicates its long-term sustainability and strategic investments.

Business Activities and Operations

TETRA PAK VIETNAM JOINT STOCK COMPANY operates in multiple sectors, with a core focus on paper packaging machinery. It supplies state-of-the-art processing and packaging equipment designed for milk, juice, and other beverage industries. The company also engages in wholesale distribution of industrial machinery, IT services, construction installation, and consultancy services. Its registered business activities include:

• Wholesale of machinery and equipment
• Non-specialized wholesale trade
• Installation of industrial machinery and equipment
• Electrical and construction installation
• Market research and engineering consultancy
• Computer programming and IT services

The company’s advanced technology and innovation contribute significantly to Vietnam’s packaging and food processing sectors, supporting the development of sustainable and high-efficiency solutions.

TETRA PAK VIETNAM & VANGUARD BUSINESS INFORMATION LLC (VBI)

As a provider of business intelligence and risk assessment services, VANGUARD BUSINESS INFORMATION LLC (VBI) closely monitors the performance and legal standing of major companies, including TETRA PAK VIETNAM JOINT STOCK COMPANY. VANGUARD BUSINESS INFORMATION LLC (VBI) recognizes the company as a financially strong and operationally stable entity, playing a vital role in Vietnam’s industrial packaging and processing sector.

With its robust financial growth, strong leadership team, and commitment to advanced packaging solutions, TETRA PAK VIETNAM JOINT STOCK COMPANY remains a key industrial player, driving innovation and efficiency in the Vietnamese food and beverage processing industry.