Duy Tan Plastic Manufacturing Joint Stock Company

2023

Asia's Best Performing Companies

Duy Tan Plastic Manufacturing Joint Stock Company

Asia's Best Performing Companies

2023

about DUY TAN JOINT STOCK CORPORATION

INTERNATIONAL QUALITY RIGID PACKAGING MANUFACTURER

Vietnam’s Duy Tan Joint Stock Corporation (Duy Tan JSC) remains steadfast in product quality and sustainability as its main pillars for growth.

Established in 1987 in Ho Chi Minh City, Vietnam, Duy Tan JSC is a comprehensive supplier of rigid plastic packaging solutions and premium plastic products, including household and industrial items. They are also involved in the design and manufacturing of precision molds. Currently, Duy Tan’s products are distributed across 64 provinces in Vietnam and are available in 60 countries worldwide, including the United States, Japan, and Australia.

Despite facing growing competition, Duy Tan remains committed to maintaining product quality as its top priority to build and retain customer loyalty. This commitment is driven by their four core values: Reliability, Quality, Creativity, and Efficiency. The company boasts a closed production line, managing the entire process from idea and design to mold creation, production, and delivery, which has contributed to its success on both national and global levels.

Duy Tan primarily serves two customer groups. They provide research and packaging solutions to larger cosmetics, pharmaceutical, and FMCG clients such as Unilever, Nestlé, Castrol, Sanofi, and Masan, among others. Additionally, the company manufactures various household goods, including homeware, furniture, PET products, and other plastic home items, catering to direct consumers. Duy Tan consistently optimizes its designs and ensures that the unique needs of each customer group are met.

Some notable milestones for Duy Tan include receiving the Vietnam High-Quality Goods Award consecutively for 27 years and the establishment of their 18-hectare factory, Duy Tan Long An, in 2013. The company also merged its shares with SCG Packaging – SCGP (Thailand) in 2021, expanding its business across ASEAN. One of its subsidiaries, Duy Tan Binh Duong Factory, signed a cooperation agreement to deploy a solar energy project aimed at generating approximately 3 million kWh of solar electricity and reducing around 2,000 tons of CO2 emissions annually.

To address the impacts of various challenges, including epidemics, wars, and economic downturns, the ISO-certified and award-winning plastics manufacturing company consistently optimizes and innovates while balancing production costs and management to maximize operational performance. Duy Tan also invests in technology, engineering, finance, and workforce development, staying updated on knowledge, regulations, policies, and quality through trade promotion programs to achieve its business objectives.

In addition to their business achievements, Duy Tan has consistently been recognized as one of the top best places to work in Vietnam. The company values its employees as essential assets and provides opportunities for domestic and international capacity building training. Duy Tan also fosters opportunities for qualified young personnel to participate in management and administration teams, emphasizing the development of behavioral and cultural values as part of its HR development strategy.

Named as one of Asia’s Best Performing Companies, Duy Tan aspires to grow not only financially but also in terms of manpower, innovation, influence in Asia, and commitment to future sustainable development goals. Their upcoming strategy aims to become the leading supplier of rigid plastic packaging and household products in Southeast Asia by 2027. The company plans to heavily invest in new technologies, develop premium product lines, and expand into export markets. Concurrently, Duy Tan is dedicated to implementing Environmental, Social, and Governance (ESG) goals, working toward a circular economy, and making meaningful contributions to the community for sustainable development in the future.

Caption: Duy Tan’s Board of Management and Functional Directors

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