VIET NHAT CAI LAN PAPER MATERIAL MANUFACTURE COMPANY LIMITED

VIET NHAT CAI LAN PAPER MATERIAL MANUFACTURE COMPANY LIMITED (CÔNG TY TNHH SẢN XUẤT NGUYÊN LIỆU GIẤY VIỆT NHẬT CÁI LÂN – VIJACHIP CL) is an FDI wood-chip and paper raw material producer headquartered in Ha Long City, Quang Ninh Province. Established on 02 June 2004 and registered under Business ID 5700481587, the company has over 21 years of operational history in Vietnam’s forestry and export supply chain. 

Operating from No. 01, Cai Lan Street, Bai Chay Ward, VIET NHAT CAI LAN PAPER MATERIAL MANUFACTURE COMPANY LIMITED focuses primarily on processing and purchasing wood chips for export, alongside afforestation activities. The company employs approximately 120 staff and is managed by Japanese directors Daisuke Fukumoto and Masashi Zushi, reflecting strong foreign involvement in governance and operations.

In 2024, VIET NHAT CAI LAN PAPER MATERIAL MANUFACTURE COMPANY LIMITED reported total assets of USD 13.51 million, down 30.2% year-on-year. Revenue declined sharply to USD 12.17 million, a 80.78% contraction from 2023, while profit dropped significantly to USD 59,757. Despite weaker performance, owner’s equity improved slightly to USD 6.05 million, and working capital remained solid at USD 6.02 million, indicating stable liquidity.

With a charter capital of USD 1.5 million (VND 23.595 billion, fully contributed), the company is jointly owned by Sojitz Corporation of Japan (51%) and Vietnam Forestry Corporation Joint Stock Company (49%). Backed by reputable Japanese and Vietnamese shareholders, VIET NHAT CAI LAN PAPER MATERIAL MANUFACTURE COMPANY LIMITED remains an established participant in Vietnam’s wood-chip export industry, though its future growth will depend on global pulp demand and recovery in export markets.