VIET HUNG PACKAGING COMPANY LIMITED

VIET HUNG PACKAGING COMPANY LIMITED (CÔNG TY TNHH BAO BÌ VIỆT HƯNG) is a leading manufacturer and supplier of carton packaging, paper pallets, and paperboard products in Vietnam. Established on December 20, 2003, the company has over 21 years of experience in the industry. Officially registered under Business ID: 0900232469, it is a privately held limited liability company headquartered at Km 17, National Road 5, Nhu Quynh Township, Van Lam District, Hung Yen Province, Vietnam. With a workforce of 2,000 employees, VIET HUNG PACKAGING COMPANY LIMITED has become a key player in Vietnam’s paper and packaging sector.

The company operates under Tax Identification Number (TIN): 0900232469 and has a charter capital of USD 32.87 million, which is fully paid up. VIET HUNG PACKAGING COMPANY LIMITED is recognized for its high-quality manufacturing and strong supply chain, catering to industrial and commercial clients both domestically and internationally. The company’s strategic location in Hung Yen Province provides logistical advantages, allowing for efficient distribution and export operations.

The leadership team is headed by General Director Mr. Hoang Gia Hung, who plays a pivotal role in the company’s growth strategy and operational management. Supporting him is Deputy General Director Mr. Vu Nhu Hai, and Financial Director Mr. Nguyen Tien Cuong, both of whom bring extensive experience in financial oversight, supply chain management, and market expansion. Their leadership has enabled VIET HUNG PACKAGING COMPANY LIMITED to maintain steady growth despite market fluctuations.

The company’s financial performance in 2023 reflects both growth and challenges. It reported total assets of USD 60.72 million, showing a slight decline of 2.41% from the previous year. Total sales amounted to USD 89.62 million, reflecting a 14.93% decrease due to market conditions. However, owner’s equity increased by 11.7%, reaching USD 43.53 million, indicating strong financial stability. Net profit stood at USD 4.99 million, marking a 27.15% decline, likely due to rising material costs and global economic factors. Despite this, the company’s net worth remains strong, positioning it for continued growth.

VIET HUNG PACKAGING COMPANY LIMITED specializes in manufacturing and trading carton packaging and paper pallets. Its registered business activities include the manufacture of pulp, paper, and paperboard, corrugated paper containers, and wood-based packaging materials. Additionally, it is involved in printing, wholesale distribution, and logistics services, expanding its business reach to various sectors. The company also engages in land and property trading, machinery wholesale, and forestry activities, demonstrating a diversified business portfolio.

As part of its commitment to business transparency and financial accountability, VIET HUNG PACKAGING COMPANY LIMITED is actively monitored by VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of business intelligence and financial risk assessment services. VANGUARD BUSINESS INFORMATION LLC (VBI) ensures that the company’s financial health, operational stability, and business credibility are well-documented, providing valuable insights for potential investors and partners. This collaboration with VANGUARD BUSINESS INFORMATION LLC (VBI) enhances the company’s market reputation and strengthens its competitive edge.

Despite industry challenges, VIET HUNG PACKAGING COMPANY LIMITED remains a strong and financially stable enterprise. Its expanding production capacity, strategic leadership, and commitment to quality ensure that it continues to be a trusted supplier in the packaging industry. With ongoing investments in technology and sustainable practices, the company is poised for future growth and market expansion. Its partnership with VANGUARD BUSINESS INFORMATION LLC (VBI) reinforces its position as a reliable and transparent business entity, making it a preferred choice for customers and investors in the packaging sector.