History & Development

Become the Saigon Paper Ltd. Co, and begin producing toilet paper.

The My Xuan 1 Paper Mill was built on an area of 45.349m2 in My Xuan A Industrial Park, Ba Ria - Vung Tau Province with an investment of 400 billion VND, a capacity of 16,500 tons of tissue paper / year and 53,040 tons of industrial paper / year, and production lines imported from Japan and China.

Transform into Saigon Paper Joint Stock Company, raising charter capital up to 18 billion VND.

Raise capital from 7 international and domestic investment funds (BIDV - Vietnam Partners, Vietnam Partners LLC, DWS Vietnam Fund, Prudential Vietnam, Prudential Fund, Vietnam Segregated Portfolio, VI Group).
Launch the premium tissue brand Bless You (produced from 100% virgin pulp) and diversify products under the brand Saigon to meet different needs of consumers as Saigon Extra, Saigon Inno, and Saigon Eco.

Put the advanced wastewater treatment system (EIMCO - Finland) into use with a capacity of 17,000 m3 /day. This allows reuse of wastewater by 90%. Launch Saigon Zenni tissue product line with the criteria of clean, green and safe for consumer health.

Over 130 distributors and 70,000 retailers 400 sales staff covering all 64 provinces of Vietnam. Supplies to all supermarket chains and has extensive coverage of rural stores. The only Tissue manufacturer with dedicated out-of-home (OOH) sales channel (hotels, restaurants etc.)

Complete construction of the new paper mill My Xuan 2 on the land of 88.447m2 (the two mills located on overall area of 134,000 m2 in My Xuan A Industrial Park), with a total investment of 2,500 billion VND, total capacity of 48,360 tons of tissue paper / year, 224,640 tons of industrial paper / year (production lines imported from the US, Spain, Austria and Italy), making Saigon Paper the largest tissue and industrial paper manufacturer in Vietnam.

PM4 (Industrial Paper Packing Machinery) starting operation with a capacity of 400 tons/ day has brought two paper mills My Xuan I & II into full operation.