An Phat Holdings to be honored with Vietnam Gold Star Award

On 14th February 2022, the Organizing Board of the Vietnam Gold Star Award announced that An Phat Holdings had won this prestigious award granted by the Vietnam Youth Federation Central Committee and  Viet Nam Young Entrepreneurs’ Association.

The Vietnam Gold Star Award 2021 attracted the participation of hundreds of businesses in many different industries. An Phat Holdings excellently fulfilled strict criteria in terms of revenue, profit, product competitiveness, social contribution activities, etc. to enter the Top 100 typical enterprises of the award.

This is the fifth time An Phat Holdings and its subsidiaries is honored with this award. Along with other major awards such as the National Quality Award, the Asia Pacific Enterprise Awards (APEA), the ASEAN Business Award (ABA), etc. the Vietnam Gold Star Award is conclusive proof of our efforts to become a leading eco-friendly and high-tech plastic enterprise in Southeast Asia. This is also an affirmation of the prestige and brand of An Phat Holdings in the domestic and international markets.

An Tien Industries In The List Of Vietnam’s 500 Fastest Growing Enterprises In 4 Consecutive Years

For the fourth time in a row, An Tien Industries Joint Stock Company – a subsidiary of An Phat Holdings is in the FAST500 Ranking – Top 500 fastest growing enterprises in Vietnam, according to the report of Vietnam Report Joint Stock Company (Vietnam Report).

The FAST500 are ranked based on the research results and evaluation of the Compounded Annual Growth Rate (CAGR) in terms of revenue and business performance. In addition, some other criteria such as total assets, total employees, profit after tax and social medial reputation are also used as a supporting factor to determine the size and position of the enterprise in the industry.

According to this year’s ranking, An Tien Industries JSC (Stock Ticker: HII) continues to maintain its top position of the fastest growing enterprises in Vietnam.

As an enterprise specializing in manufacturing ANCAL plastic additives and stone powder, after more than a decade of growth and development, An Tien Industries is currently the second largest plastic additives producer in Vietnam, with 2 modern manufacturing plants in Yen Bai Province. An Tien Industries products are exported to 62 countries and regions around the world. In 2022, An Tien Industries sets a target of net revenue of VND9,000 billion, an increase of 8.9% compared to 2021.

Ambassador of Italia to Vietnam hopes to expand cooperation opportunities with An Phat Holdings

On February 16, in Hai Duong, the Extraordinary and Plenipotentiary Ambassador of Italy to Vietnam and the delegation of the Italian Embassy and the leaders of Hai Duong province had a meeting with An Phat Holdings (APH) at the factory of An Phat Bioplastics. 

The meeting was attended by Mr. Antonio Alessandro the Extraordinary and Plenipotentiary Ambassador of Italy to Vietnam, Mr. Michele D’Ercole – Chairman of Italian Chamber of commerce in Vietnam (ICHAM), Mr. Tran Thanh Quyet – Director of non-governmental organization of ICHAM. On Hai Duong side, there were Mr. Pham Xuan Thang – Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council; Mr. Nguyen Minh Hung – Member of the Provincial People’s Committee, Vice Chairman of the Provincial People’s Committee, representatives of leaders of the Office of the Provincial Party Committee, Office of the Provincial People’s Committee, and Directors of the Departments sch as: Departments of Planning and Investment, Industry and Trade, Science & Technology, Agriculture & Rural Development; Culture, Sports & Tourism, Education & Training; Management Boards of Provincial Industrial Parks. Welcoming the delegation, there were Mr. Dinh Xuan Cuong – Vice Chairman, General Director of APH and the entire senior management board.

The meeting overview

At the meeting, Mr Dinh Xuan Cuong pointed about An Phat Holdings’ strengths in manufacturing high-tech plastic products, raw materials and bioplastic decomposition products, supporting industries and industrial real estate. With 20 years of development, APH is a closed partner of domestic and foreign enterprises. APH’s long-term partners are located in many countries around the world, especially in Europe with the prominent being Italy and France. “Currently, we are one of the suppliers of high-tech plastic components for large corporations such as Samsung, Honda, Toyota and Piaggio”, said Mr. Cuong. 

An Phat Holdings is also promoting the development of industrial real estate with two industrial parks An Phat Complex (100% occupied) and An Phat 1 (under the ground completion). These are the strengths for An Phat Holdings to boost production and cooperate with many domestic and foreign enterprises. 

Mr. Antonio Alessandro – Ambassador of Italy to Vietnam expect APH share experiences on attracting FDI, investing in industrial zones, producing biodegradable and automated plastic products

At the meeting, Mr Antonio Alessandro asked some questions about the process of business strategy towards biodegradable plastic products of APH. “In Italy today, biodegradable plastic is considered the only solution to reduce plastic waste. Especially, after participating in the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), we understand the importance of biodegradable plastics for sustainable development,” said Antonio Alessandro. 

Besides, with the desire to support Italian businesses to invest in Vietnam, Mr. Antonio Alessandro looks forward to An Phat Holdings sharing about the benefits of An Phat Complex and An Phat 1 industrial zones as well as developing automation lines. 

To answer those question, Mr. Dinh Xuan Cuong said that An Phat Holdings had seen the trend of plastic products and decided to change its strategy. Focusing on developing biodegradable plastic is the result after many discussions with foreign partners, researching the world market. It was also the story of the An Phat Holdings development about 7 years ago”, Mr. Dinh Xuan Cuong emphasized. 

Mr. Dinh Xuan Cuong, Vice President, General Director of APH talked about the APH’s development strategy for biodegradable plastic materials & products

Regarding industrial real estate, Mr. Pham Van Tuan – Deputy General Director of APH said, the industrial zones of An Phat Holdings, like other industrial zones in Hai Duong Province, still support businesses in tax such as tax exemption for the first 2 years. Either more, An Phat Complex or An Phat 1 are not merely industrial parks for leasing land, but also include service and residential areas to create an industrial park ecosystem. “We want to attract businesses not only to rent factories but also to support connection and supply chain,” said Mr. Tuan. 

Sharing more about the strengths of industrial zones, Mr. Cuong said, like industrial real estate invested by Singapore and Japan enterprises, APH provides high-quality services but with more competitive costs, attractive warehouse prices as well as competitive prices. “The importance is that we have different supply businesses to support each one to invest to expand production, most notably to support Piaggio”, Mr. Cuong said.

The Delegation took photos

After the meeting, Mr. Antonio Alessandro said that, with the experience and the position of TOP 100 largest private enterprises in Vietnam, An Phat Holdings prove experience and is a partner to learn and invest in the future. 

In order to increase cooperation efficiency, Mr. Pham Xuan Thang – Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council of Hai Duong Province suggested that the Italian Embassy and Hai Duong province, as well as An Phat Holdings together, connect to attract more Italian FDI enterprises invest in Hai Duong province. 

An Phat Holdings to be honored with Vietnam Gold Star Award

On 14th February 2022, the Organizing Board of the Vietnam Gold Star Award announced that An Phat Holdings had won this prestigious award granted by the Vietnam Youth Federation Central Committee and  Viet Nam Young Entrepreneurs’ Association.

The Vietnam Gold Star Award 2021 attracted the participation of hundreds of businesses in many different industries. An Phat Holdings excellently fulfilled strict criteria in terms of revenue, profit, product competitiveness, social contribution activities, etc. to enter the Top 100 typical enterprises of the award.

This is the fifth time An Phat Holdings and its subsidiaries is honored with this award. Along with other major awards such as the National Quality Award, the Asia Pacific Enterprise Awards (APEA), the ASEAN Business Award (ABA), etc. the Vietnam Gold Star Award is conclusive proof of our efforts to become a leading eco-friendly and high-tech plastic enterprise in Southeast Asia. This is also an affirmation of the prestige and brand of An Phat Holdings in the domestic and international markets.

Year – end ceremony 2021 of An Phat Holdings, ready for a new phase

On January 18th, 2022, An Phat Holdings (APH) successfully organized the 2021 Year-end Ceremony and started implementing the plan of 2022 at An Phat Bioplastics factory in Hai Duong city. The ceremony aims to evaluate the Group’s and its subsidiaries’ production and business activities for the year and announce the implementation of 2022 plans – This is a historical milestone marking the 20th anniversary of An Phat Holdings’ establishment.

 Ceremony Overview
Ceremony Overview

The ceremony was attended the Board of Directors of An Phat Holdings and the entire Board of Directors of its subsidiaries. Year-end ceremony ensured compliance with 5K principles of health’s safety for all attending Board of Directors.

In general, 2021 was a year with many challenges and many ups and downs for Vietnamese enterprises as well as An Phat Holdings. The influence from Covid-19 pandemic, the problem of increasing sea freight rates, difficult transportation process as well as the fluctuation of materials pricing… have affected the business and production situation of many companies. However, this is also the year affirming the stability and position of An Phat Holdings thanks to the efforts of the Board of Directors and all employees.

An Phat Holdings have pointed the list of works achieved and not achieved according to the plan in the production activities and implementation of key projects in 2021, besides, the company saw a outstanding increase in revenue and profit that came from packaging production, engineering plastics & Building material plastics, trade and logistics field.

Moreover, An Phat Holdings and its subsidiaries have achieved a lot of prestigious rewards including Top 500 Largest Enterprises in Vietnam in 2021, Top 100 Largest Private Companies in Vietnam in 2021, Top 500 Most Profitable Enterprises 2021, Reliable Exporters, Top 10 mid-cap listed companies having most outstanding Annual Report in 2021, etc…

The company also emphasized a few important activities of last year for example the collaboration with Actis – British Investment Fund in the field of industrial real estate, the growth in export activities to the potential markets such as The United States, Europe… More important, the Board of Directors congratulated, awarded certificates and presented awards to 4 subsidiaries that had the best achievements in production and business activities in 2021: An Thanh Bicsol JSC., An Phat Bioplastics JSC., An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC.

Also at the ceremony, the Board of Directors announced and implemented plans as well as potential projects, making them ready for new opportunities in 2022, especially An Phat PBAT Manufacturing Plant. To the key business, An Phat Holdings focuses on expanding export and consumption markets for technical and domestic plastic products, furniture, biodegradable products and materials, packaging… to Europe; investing and developing in industrial real estate, especially An Phat 1 Industrial Park Project. In parallel with this, An Phat Holdings will optimally deploy activities to increase production and business, develop markets and “flexibly adapt activities” when the pandemic still is complicated.

At the end of ceremony, the Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan, attend to build action strategies, thereby creating a stepping stone for the company development in the next years.

Some activities at the ceremony:

Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings spoke at the ceremony
Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings spoke at the ceremony
The Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan
The Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan
Mr. Nguyen Le Trung - Vice Chairman of An Phat Holdings (right) and Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings (left) gave flower and presented awards to An Thanh Bicsol – the best subsidiary in business activities in 2021
Mr. Nguyen Le Trung – Vice Chairman of An Phat Holdings (right) and Mr. Dinh Xuan Cuong – Vice Chairman, General Director of An Phat Holdings (left) gave flower and presented awards to An Thanh Bicsol – the best subsidiary in business activities in 2021
The Board of Directors of An Phat Holdings presented awards to An Phat Bioplastics JSC. – the 2nd subsidiary in business activities in 2021
The Board of Directors of An Phat Holdings presented awards to An Phat Bioplastics JSC. – the 2nd subsidiary in business activities in 2021
An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC. also received awards
An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC. also received awards
The Board of Directors of An Phat Holdings and employees took souvenir photos
The Board of Directors of An Phat Holdings and employees took souvenir photos