More than half a century after its establishment, Tien Phong Plastic stands in the minds of Vietnamese consumers with images of high quality products, and is known as the oldest brother in Vietnam plastic industry. Tien Phong Plastic has always focused on in-depth investment, modernisation of equipment and technology, innovation, creativity in production, creating products that meet the growing needs of customers in the country and internationally.
Integration with international standards
With the motto of quality is top priority, to ensure the interests of customers, Tien Phong Plastic always focused on the investment in the production lines and modern machinery of the leading firms in Europe and Japan. The equipment system ensures high precision, uniformity of material and high yield during production, while saving energy and protecting the environment.
The construction and maintenance of the quality management system is implemented strictly. The company's products have reached international standards. Currently, Tien Phong Plastic is applying quality management system TQM and reaches standards of quality management in accordance with the quality management system ISO 9001: 2008, and performing 5S quality management programme of Japan.
With superior quality products, Tien Phong Plastic is honoured to be awarded with dozens of national and international awards, such as the Gold Cup National Quality Award; Quality Awards Asia - Pacific; Vietnam Gold Star Award; Top 20 Famous Brand ASEAN; Top 10 well-known brand Vietnam; Top 10 Products, Services Gold integration time; Top 10 Products Gold brand Vietnam; Top 1000 enterprise corporate income tax in Vietnam, Gold Medal at the International Fair of Industrial and Commercial Vietnam annually and consumers voted "Vietnam High Quality". In particular, the company was conferred the title of hero of Labour in renovation period; was honoured with the 2nd and 3rd Independence Orders; Emulation Flag of the Government and many merits of the Ministry of Industry and Trade.
Affirming the brand in the domestic market
With the continuous technological innovation, product quality improvement, until now, uPVC pipes, HDPE, PPR pipes of Tien Phong Plastic used the field of civil and in the construction, industrial and agricultural fields now quickly dominate the market in the country. Many of the company's product lines have unique, competitive advantages superior to other companies’ products typically uPVC pipes with 22 pipe sizes, largest diameter up to 800mm, PEHD pipe with diameter up to 1,200mm and in the upcoming time, Tien Phong Plastic continues to invest in HDPE pipe production line size of 2,000mm - the biggest diameter in Southeast Asia, this time with hundreds of types of moulded parts and hot welded parts, to meet the special needs of customers.
In 2005 from the equitisation process with the new management mechanism, creating the dynamics in production and operations, Tien Phong Plastic made a breakthrough to become the largest enterprise in manufacturing plastic pipes in the country. In 2006, Tien Phong Plastic officially listed on the stock market. So far, the Tien Phong plastic products have held over 70 percent market share in the North and over 30 percent market share.
In 2009, the company expanded its branch to the South. On the strong growth of the North, Tien Phong Plastic has invested in a new factory in Dong An II Industrial Park - Binh Duong Province with a total charter capital of VND120 billion. The plant will manufacture PVC pipe, HDPE and PPR products to serve the southern provinces and the central southern provinces, which are considered the largest consumer markets in the plastics industry throughout the country.
In order to better meet the needs of customers and expand production scale, Tien Phong Plastics Company established Tien Phong Plastic Co., Ltd in the Central to implement the project to build a plant in Nam Cam IP in Nghe An. The plant has a design capacity of 20,000 tonnes / year to be built on an area of 4.5 hectares with an initial investment of VND120 billion. This project not only brings significant economic benefits, but also contributes to the production industry, exploiting the potential strengths in this barren land.
Reaching international standards
Not only considered as the strongest brand in the country with branches spanning North, Central and South, Tien Phong Plastic also gained confidence from foreign partners. To expand production and business activities, strengthening its presence in foreign markets, so far Tien Phong Plastic has registered trademark protection in countries such as China, Laos, Thailand, Cambodia and Myanmar. As forecast, export sales to markets in the region will be strengthened in the future.
Tien Phong Plastic also set the mark for overall growth through its penetration in international markets to establish Tien Phong-SMP Joint Venture in the Laos People's Democratic Republic with charter capital of US$2.5 million, in which Tien Phong Plastic contributed 51 percent. The projects in Lao have promoted efficiency, not only bringing revenue to the company, but also performing political - social tasks in accordance with the cooperation policies of the Party and State. It is estimated that sales for export to markets in Laos will reach between US$1.2 to 1.8 million / year.
Accompanying the development of the city in anticipation wave of investment from the Japanese partner, Tien Phong Plastic has found a reliable partner that is Sekisui Chemical Group. With 62-year experience in the field of plastics, Sekisui Chemical Company will transfer to Tien Phong Plastic necessary equipment, moulds and technical support for the production of these products; while providing the issues related to patents, technology and brand products, sharing information related to the product. Thieu Nien Tien Phong Plastics JSC will manufacture and sell the products of Sekisui Chemical, using Sekisui Chemical label for these products. The relationship of economic cooperation is a new opportunity for Tien Phong Plastic to expand joint venture, investment promotion, market development to other countries in the region in the future.
With a sales network consisting of 6 deferred sales centres and nearly 300 sales agents, the products of Tien Phong Plastic have been present in all parts of the country and increasingly asserted its brand position on the international market. Throughout more than half a century of construction and development, Tien Phong Plastic has always successfully completed the task entrusted by the Party and State, being the pioneer of Vietnam's plastic industry.
Duy Anh