THUAN DUC JOINT STOCK COMPANY

As Vietnam continues to industrialize and integrate deeper into the global supply chain, certain companies stand out as benchmarks of success, innovation, and sustainability. One such company is THUAN DUC JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THUẬN ĐỨC), a public joint stock enterprise that has grown to become a major player in the field of plastic manufacturing. Established on January 22, 2007, and listed on the Ho Chi Minh Stock Exchange under the stock symbol TDP, Thuan Duc has earned its place among Vietnam’s top-tier industrial exporters.

With its headquarters located in Bang Ngang Village, Luong Bang Town, Kim Dong District, Hung Yen Province, and operational branches in Hanoi and Long An, THUAN DUC JOINT STOCK COMPANY operates a national network of production and logistics that supports both domestic and international markets. The company specializes in manufacturing a wide range of plastic packaging products, including PP woven bags, shopping bags, PP woven fabric, and recycled polypropylene granules. It also engages in trading plastic materials and plastic beads, further expanding its scope across the plastic industry’s value chain.

The company is led by Mr. Nguyen D. C., who serves as Chairman, alongside Mr. Bui Q. S., the General Director, and Ms. Ngo K. D., the Deputy General Director. Their leadership, coupled with a dedicated workforce of over 1,140 employees, has guided Thuan Duc to a position of strength and resilience, especially during global market fluctuations.

In terms of financial performance, 2024 was a particularly strong year for the company. Total sales reached nearly USD 180 million, reflecting a 14.65% increase from the previous year. Net profit more than doubled to USD 3.86 million, representing a stunning 121.8% year-over-year growth. With total assets of USD 162 million and owner’s equity at USD 41.9 million, the company maintains a solid financial foundation. Equally important is its positive working capitalof USD 12.08 million, ensuring the business remains well-capitalized for ongoing operations and future expansion.

Thuan Duc’s commitment to sustainability and the circular economy is reflected in its activities related to plastic recycling, waste collection, and material recovery. This eco-conscious approach has become increasingly important, not only to meet environmental regulations but also to appeal to global buyers who prioritize green supply chains.

As Vietnam’s industrial landscape evolves, the presence of reliable, transparent, and high-performing enterprises like THUAN DUC JOINT STOCK COMPANY is critical. At VNBIS.COM, we are proud to provide verified, comprehensive company reports and credit assessments for investors, suppliers, and partners seeking trustworthy information on Vietnam-based businesses. Our mission is to promote transparency, minimize risk, and enhance the credibility of the business environment in which companies like Thuan Duc operate.

To learn more about this company or download its complete report, visit https://vnbis.com, Vietnam’s leading platform for business intelligence and corporate due diligence. Let us help you make smarter, safer, and more informed decisions in Vietnam’s fast-growing market.