Tuan Tsuki Viet Nam Company Limited (Vietnam)

Being founded in 2013, the company is principally engaged in manufacturing and trading types of chemicals and additives for the industries of plastics, paint, packaging, and rubber... It is known as a manufacturer and distributor of zinc stearate, calcium stearate, and PVC stabilizers..., which are not only supplied to domestic clients but also exported to overseas clients, particularly to the UAE, South Korea, Bangladesh, Pakistan, Jordan, Germany, the USA, and India, etc. The company has imported kinds of chemicals (both finished products and materials) from China (mainly), South Korea, India, Indonesia, the USA, Germany, Thailand…To supplement working capital and capital expenditure, the company kept mobilizing more interest-bearing debts along with raising the owner's investment capital remarkably. Especially, the subject's net revenue had a good upward trend with a compound annual growth rate of 84.9% during the period of 2018-2022, reaching a peak of VND 500 billion last year. Accordingly, its net income also showed gradual increases recently. However, According to the Director, demand of the market demand for industrial chemicals has reduced in 2023 due to the presence of the post-Covid economic recession.