Thuan Thanh Environment Joint Stock Company (Vietnam)

The subject specializes in collecting, transporting, and disposal of garbage, sewage and other waste products; waste recycling. Besides two factories in Ngoc Kham Hamlet, Gia Dong Commune, and Cuu Yen Hamlet, Ngu Thai Commune, according to confirmation of Mr. Vu Tuan Cuong, Deputy General Director, the subject also is co-operating with JFE Engineering Corporation (Japan) to construct another factory at Cuu Yen Hamlet, Ngu Thai Commune. Accordingly, this factory has a maximum solid waste treatment capacity of 500 tons/day; generating capacity from 11 to 13 MW. The project implementation scale is about 4.8 ha. Total investment capital is expected to be more than VND 1,348 billion, of which the contributed capital to implement the project is VND 269 billion (Thuan Thanh contributes 60%, JFE Engineering Corporation contributes 40%). The project is expected to be completed and put into operation in the fourth quarter of 2023.Presently, the company collects industry garbage from many FDI companies in Vietnam. Especially, the subject is a partner of Samsung Vietnam, one of the largest FDI companies in Vietnam. The subject garbage collectors at both factories of Samsung Vietnam in Bac Ninh and Thai Nguyen province. As shared by Mr. Cuong, although the Pandemic has out broken in Bac Giang and Bac Ninh provinces in recent time, its business activity has been affected not remarkable.Some of its partners have temporarily stopped operation according to the Directive of the Government hence its waste collection output is reduced, along with that, the movement of goods has been slow due to the work of epidemic prevention and control work from the quarantine points. However, the subject still normally operates during the Pandemic.