Hoang Hai Viet Nam Packaging Joint Stock Company (Vietnam)

The subject is a privately held company, which is owned by three individuals under the charter capital of VND 180 billion, which strongly increased from VND 120 billion in July 2023. The subject specializes in manufacturing carton packaging products. It imports Kraft-liner papers for carton packaging manufacturing from New Zealand, India, and Singapore. Sometimes, the subject imports accessories for production lines from Taiwan, China, Japan, and Germany with little amount.In recent years, the subject's business results have been very positively improved. Especially in 2022, the subject recorded VND 801,868 million in net sales and the net income was VND 95,849 million, which increased by 33.88% and 35.90% in respectively in comparison with that of 2021. The capital structure was safe, ensuring the subject's small and medium financial commitments on its scale.