상품DB/베트남 샌드위치 패널 시장동향(2013.8)

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베트남 샌드위치 패널 시장동향(2013.8)

게시일

2015-12-21

국가

베트남

작성자

오새봄(하노이무역관)

품목

기타

품목코드

730890

작성일자: 2013.8.28

작성자: Ms. Doan Thu Thuy (thuydoan.kotra@gmail.com)

1. General Overview

□ Construction materials Market in Vietnam

 ○ The construction materials market has just received its first optimistic signs with business results in the first six months of the year showing slight improvement. However, poor demand, high inventory and an increase in power price continue to challenge manufacturers.

 ○ The Vietnamese construction industry recorded a CAGR of 19% to 2017. However, Vietnam's economy has undergone an extended period of insubstantial expansion, due to decelerated growth in the real estate sector, a banking system characterized by non-performing loans(NPLs) and a property market slump. This is reflected in the construction industry's growth which slowed from 19.7% in 2011 to 6.5% in 2012. Based on the assumption that the banking sector avoids a crisis and the government manages to rebuild growth momentum with carefully targeted stimulus measures and investment in large-scale infrastructure development projects, outlook for the industry is positive.

 ○ Recently, from the beginning of August, according to the updated database of Vietnam Cement Association and and Ministry of Trade and Industry, the construction materials market has just received its first optimistic signs with business results in the year showing slight improvement. However, poor demand, high inventory and an increase in power price continue to challenge manufacturers.

 ○ Previously, the total business and production value of the construction sector reached more than 12.6 trillion VND (US$ 600 million) in May and 57.814 trillion VND (US$ 2.75 billion) for the first five months of this year, down 5.4% year-on-year. The assembly sector's revenue was 21.25 trillion VND (US$ 1 billion), down 14.6% over the same period last year and 34.2% of the whole year target. Many key projects are still behind schedule, especially those involving electricity. Meanwhile, the value of production in the industrial and construction material was 23 trillion VND (US$ 1.1 billion), a slight increase of 3.9% year-on-year. This was 39% of the whole-year target.

 ○ The construction material industry continues to face a difficult time in domestic and foreign markets, said the chairman of the Vietnam Construction Materials Association, Tran Van Huynh. He said that the industry last year faced an over supply when sales plummeted because of the inactive property market. He added that most companies did not operate at full capacity."The capacity of cement companies was 80%, the pottery sector was under 70%, construction glass was under 50% and some of other sectors only 15%," Huynh said.

 ○ In addition, stockpiles of finished goods were at a high level - and coal and power costs have increased. It is blamed for massive uncontrolled investment as the main reason causing oversupply. To solve the problem, the association has suggested re-planning the industry to balance demand and supply, applying new technologies to improve quality and design of products, using new materials that can save time and money, and using industrial waste and strengthening management.

 ○ Construction material production is considered a key industry in Vietnam, contributing 7~8% to the national gross domestic product. Last year, the industry's turnover reached about 190 trillion VND (US$ 9.05 billion), of which 31% was contributed by the cement industry.

□ Overview of Roofing Market in Vietnam

 ○ In recent years, the building of residential areas, offices, and hotels have been mushrooming in order to meet increasing demands for the space of office and residence. More crucially, the development of construction industry is paving the way for the creation of new materials and new technologies which have been selected and applied in the execution of high-rise buildings. Nowadays, there have been various kinds of panel to meet the high demand of customers, from different materials such as PU, PVC, ACP, EPS, etc.   

 ○ Vietnam Roof Sheet Association, an association of all Vietnamese roof companies has been the official member of International Chrysotile Association (ICA) since 2002. ICA was established in 1976 with 34 members. Since 2000, when EU implemented the 1999/77/EC decision on 26/07/1999, banning the use of amiang (asbestos), some countries of EU had to leave ICA. As a result, the total members of ICA were 23 of 23 countries all over the world.

 ○ The Vietnamese roofing industry has 41 local manufacturing sites in the whole nation. Most of them have high technique, good quality and being certificated by the Government. However, there are still low qualified manufacturers with unsystematic price, which badly affects the roofing industry. To overcome this weakness, it’s necessary to establish some groups of manufacturing and distributing roof and the composite of cement – fiber. Actually, there have been some groups such as Ha Long, Dong Anh group and this has brought some satisfactory results on product quality. Quality is not the only important factor these days but products also have to be good for the environment.

 ○ The roofing industry hasnow been invested more in technique, modern equipments and materials in order to enhance quality of the products, diversifying the products as well as the input materials, so that Vietnam roofing can compete with foreign manufacturers, especially the South East producers. The environmental friendliness is also being taken care of with more specific methods.

 ○ Crucially, the quality and price of the domestic products are fairly good and reasonable. Therefore, the domestic products are accepted by Vietnamese building companies and being sold well in Vietnamese market. However Vietnamese weather condition is unstable and it requires an enduring kind of roof, panel. The sandwich panel which has high insulation is a suitable product for construction in Vietnam. Panel technology has been an advantage and popular material in the world in installation and construction works such as: making industrial factories, cold storages, aseptic rooms, temporary offices, houses... With the best characteristics as sound insulation, heat insulation, anti-fire, save electric energy…panel is specially used to make partitions, walls, roofs, ceilings ... in construction and installation, and to be highly appropriated.

 ○ Many local construction companies, especially those specializing in roofing, panel can now manufacture and supply this item. Now some have established their brand names in the domestic market. Among those are Vietnam American Industrial JSC with brand 3D & TONXOP, Vietrust JSC with brand name TONMAT, etc. Their products are highly eval‎uated and used popularly in many buildings. Besides, there are other importers who distribute sandwich panel of foreign suppliers such as China, France, Turkey…like Nam Viet JSC (Navifico), Vimetco JSC to name but two. Recently, on 27th November 2010, KingspanIzopoly – a Turkey group of roofing products hold a conference on insulating IPN Sandwich panel to introduce their item in Vietnam market. This group now has 43 factories and 25 distributors in more than 20 countries like America, Canada, England, France, Spain, etc. Their turnover in 2009 was 1.25 billion Euros. The South Commercial Company is the official distributor of KingspanIzopoly in Vietnam.   

 ○ Specifically, the major core materials of sandwich panel in Vietnam are EPS, PU and Glass wool, in which the highest propotion goes to EPS (estimated at 65%), the second highest percentage is owned by PU (estimated at 30%) and 5% is the input material share of glass wool. Actually, it is very difficult to estimated the share of these input materials because in Vietnam, it is favored that the manufacturers mix these 3 materials together.

2. Import and Export

□ Import trends

 ○ The following table shows the import statistics of the item with HS Code 730809 (Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge sections, lock gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel - - Others) into Vietnam during 3 years from 2006~2008.

List of countries exporting to Vietnam

    (Unit: US$ thousand)

No.	Countries	2009	2010	2011
1	China	27,404	74,484	77,325
2	Republic of Korea	11,852	21,935	40,847
3	Malaysia	3,308	9,648	15,297
4	Japan	1,867	2,619	5,625
5	Thailand	2,619	2,290	3,476
6	Germany	578	7,273	3,001
7	Taiwan	8,048	3,895	2,995
Total		63,021	131,385	158,162

   Source: trademap.org

 ○ The tables above show the trend in Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge sections, lock gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel, HS Code 730890. As can be seen from the tables, there was an increase in the total import between 2009 and 2011. The four biggest importers were all Asian countries, of which China has had the greatest value in all 3 years. Republic of Korea is the second biggest supplying market. Different from slow speed of Chinese imported value, Korea has owned very steady and quite fast growth, which can be illustrated by the nearly doubled value after each year from US$ 11,852 (2009) to US$ 21,935 (2010) and finally, US$ 40,487 (2011). It shows us the trend of using Korean materials instead of Chinese ones which has recently received many boycott from the customers.

□ Export trends

List of countries importing from Vietnam

   (Unit: US$ thousand)

No.	Countries	2006	2007	2008
1	Saudi Arabia	0	6,851	26,403
2	India	19	2,530	17,166
3	Peru	0	339	11,408
4	United Arab Emirates	8,747	965	8,843
5	Cambodia	6,582	2,064	7,324
6	Oman	0	0	6,760
7	United States of America	20,280	3,742	4,904
Total		130,599	96,167	118,189

   Source: trademap.org

 ○ It can be seen that export value of Vietnamese manufacturers has been suffered from the crisis, falling from US$ 130,599,000 in 2009 to US$ 98,167,000 in 2010. In two recent year, although there are some signs of recovery, the value has not yet achieved the value of 2009. The cut down export value results in the cut down of input materials, especially imported ones.

□ Import Duty

HS Code	Description	Unit	MNF/WTO	AKFTA	ACFTA	VAT (%)
7308	Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge sections, lock gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel.
7308.90	-- Other
7308.90.20	-- Prefabricated modular type joined by shear connectors	㎏	3	5	5	10
7308.90.40	-- Corrugated, curved or bent galvanized plate for assembly into underground conduits and culverts	㎏	10	5	5	10
7308.90.50	-- Rails for ships	㎏	10		5	10
7308.90.60	-- Perforated	㎏	10	7	5	10
	-- Other:	㎏
7308.90.92	--- Guardrails	㎏	10	7	5	10
7308.90.99	--- Other	㎏	10	7	5	10

Source: Export – Import Tariff and VAT on Imports Book (Ministry of Finance)

Note:

MFN: Most Favored Nations (Korea belongs to this group of nations)

AKFTA: ASEAN-Korea Free Trade Area

ACFTA: ASEAN-China Free Trade Area

3. Several Key Suppliers

□ Currently, in Vietnam, there are aroung 10 major players in the field. They were established in around 10 years and thanks to its quality and good services, they have gained many success as well as market position in Vietnamese market. The following table listed the 10 key players as well as their core materials using to manufacture sandwich panel.

No.	Company Name	Core materials	Source
1	Korea Panel Vietnam Co., Ltd	EPS	Korea
2	Dae han Vina Co., Ltd	PU	Domestic (Self-manufacture)
3	Metecno Vietnam Co., Ltd	PU, Mineral Wool	Holland
4	Vietnamese –American Industrial Joint Stock Company	PU	Taiwan
5	Vietnam –America Tonxop Panel Co., Ltd	EPS, Glasswool, PU	America
6	Vietrust Technological Investment and Development Joint Stock Company	PU	Domestic (self-manufacture)
7	New Materials Corporation	PU	Domestic (self-manufacture)
8	Phuong Nam Insulating Co., Ltd	PU, EPS	Domestic
9	Thanh Cong Co., Ltd	PU, Glass Wool	Domestic
10	Austnam Joint Stock Company	PU	Australia

□ The followings are the detailed information of these companies.

 ○ Korea Panel Engineering and Construction Co., Ltd

KP Engineering and Construction Co., Ltd
Established Year	2002		Country	Korea
Business Type	Private Company		Revenue	N/A
Website	www.koreapanel.wevina.vn/www.kpenc.com.vn
Office Address	No. 254-D5 St, 25 Ward, BinhThanhDist, Ho Chi Minh City, Vietnam
Factory Address	Factory 1: Tan Khai 45 ha Industrial Park,ThanhBinh St, Hon QuanDist, BinhPhuoc Province, Vietnam Factory 2: Dai Dong-Hoai Son IP, Hoai Son Ward, Tien Du Dist, BacNinh Province, Vietnam
Contact Person	Ms. Nguyen Le Na
	Position		Business Officer
	E mail		nguyenlena89@gmail.com
	Tel		84-8-3512 9422
	Fax		84-8-3512 9423
Remarks
Overview	This company is a manufacturer and installation EPS Sandwich Panel company with 100% foreign capital, being equipped the most modern machinery system made in Korea. Beside the office in Vietnam, they also have a branch in Cambodia. It has more than 20 year experience in manufacturing sandwich panel in Korea and more than 10 year experience in Vietnam. They are now manufacturing all kinds of EPS sandwich panel including roofing panel, ceiling panel, outside and inside panel. All materials are imported from Korea.
Some of Major Projects
Name					Year
Posco Steel Plan –Phu My, Vung Tau					2006~2008
Suheung Drugs Manufacturer – Long Thanh, Dong Nai					2007~2009
Hyundai manufacturer car accessories – NhonTrach, Dong Nai					2008
Orion Food Vina Factory – Binh Duong					2005~2008
Orion Food VINA Factory – BacNinh					2009
Habico – Doosan Temorary Office – Hanoi					2008~2009
Kogid Food Factory – Battambang, Cambodia					2009~2010
Bucheno Factory – An Duong, HaiPhong					2011
KPF Office – BacNinh					2012
Que Vo Nokia Factory – BacNinh					2012
Curious Seiki Factory – Tien Son, BacNinh					2013
Image		Description			Price
		- Outer part material:    zinc steel plate/ print steel (0.4~0.5㎜) - Inner part material:    EPS (12~20㎏/㎥) - Color: Silver, Green, Blue, White			263,000 VND/㎡

 ○ Dae Han Vina Co., Ltd

Dae Han Vina Co., Ltd
Established Year	N/A		Country	Korea
Business Type	Private Company		Revenue	N/A
Website	www,daehanvina.com.vn
Office Address	Binh Phuoc, Binh Chuan Ward, Thuan An Dist, Binh Duong Province, Vietnam
Factory Address	Binh Phuoc, Binh Chuan Ward, Thuan An Dist, Binh Duong Province, Vietnam
Contact Person	Mr. Sim Jin Wook
	Position		Director
	E mail		Shimk2001@hotmail.com (HP: 84-909 933 878)
	Mr. Nguyen Huu Duc
	Position		Purchasing Department
	E mail		ducnguyetnhi@yahoo.com
	Tel		84-650-3713 577
	Fax		84-650-3713 567
Remarks
Overview	This company is established by 100% foreign capital from Korea. It is equipped with Korean latest technology. They are currently manufacturing many kinds of panels, panel windows and sound insulation materials in all sizes which reach the best quality standard in Vietnam. Their major products are EPS and PU materials and sandwich panels used in construction. Because they are currently producing EPS, they have no intentions of importing this kind of products.
Image		Description			Price
		- Width: 1020㎜ - Thickness: 50㎜, 75㎜, 100㎜ - Color: Green			270,000 VND/㎡

 ○ Metecno Vietnam Co., Ltd

Metecno Vietnam Co., Ltd
Established Year	1998		Country	Holland
Business Type	Private Company		Revenue	US$ 2 million
Website	www.metecno.com.vn
Office Address	F34, No. 40 Ba HuyenThanhQuan St, Dist 3, Ho Chi Minh City, Vietnam
Factory Address	No. 13, 16A St, Bien Hoa II Industrial Park, Bien Hoa, Dong Nai Province, Vietnam
Contact Person	Ms. Nguyen Ngoc Yen Trang
	Position		Business Executive
	E mail		trang.nguyen@metecno.com.vn  (HP: 84-913 909 395)
	Tel		84-8-3930 0962
	Fax		84-8-3930 0991
Remarks
Overview	It is a 100% foreign invested enterprise from Holland and it has been operating in Vietnam since 1996. It has one of the leading suppliers of high quality pre painted Zinc Aluminium Coated Steel Roof & Wall cladding and accessories, insulated panels for Roof, Wall, Clean & Cold rooms. It is now specializing in the design, manufacture and installation of insulated panels including PU, PIR and Mineral Wool for industrial, commercial, architectural usages. This company has supplied more than 1,900,000㎡ of Steel roof and Wall cladding to more than 200 projects in Vietnam since 1998. It has also supplied more than 250,000㎡ of isulated panels for Roof, Wall, Clean and Cold rooms and several doors and windows to high end projects in electronic, pharmaceutical, food processing, hospitals and laboratory, etc.
Image		Description			Price
		PU Sandwich Panel			265,000 VND/㎡

 ○ Vietnamese – American Industrial Joint Stock Company

Vietnam – United States Trade and Industry Co., Ltd
Established Year		1994		Country		Vietnam
Business Type		Private Company		Revenue		N/A
Website		www.olympicmyviet.com.vn
Office Address		No. 21B Cat Linh St, Dong Da Dist, Hanoi, Vietnam
Factory Address		Pho Noi A Industrial Zone, Van Lam Dist, Hung Yen Province, Vietnam
Contact Person		Mr. Dao Quang Huynh
		Position		Business Department
		E mail		huynhvitek@gmail.com (HP: 84-903 475 469)
		Tel		84-4-3514 8274
		Fax		84-4-3574 8271
Remarks
Overview		The company was founded in 1994, specializing in producing and trading all kinds of religious Roofing: metal roofing OLYMPIC Religion, Religious roof sound insulation PU 3 layer roofing OLYMPIC smart; Roofing Vitek, bathroom sanitary equipment, kitchen: Water Heaters OLYMPIC, OLYMPIC stainless steel pots, vacuum OLYMPIC deodorant, shower hose JODEN, GIAGNI ...
Color	Thickness		Hard PU Sandwich Panel (11s x 1,07m)		Normal PU Sandwich Panel (11s x 1,07m)		Economic PU Sandwich Panel (11s x 1,07m)
Diamond	0.4		282,000		276,000		272,000
Dark Red	0.32		232,000		226,000		222,000
	0.40		253,000		247,000		243,000
	0.46		275,000		269,000		265,000
	0.50		284,000		278,000		274,000
Mossy Green	0.32		232,000		226,000		222,000
	0.41		257,000		251,000		247,000
	0.46		275,000		269,000		265,000
	0.50		284,000		278,000		274,000
Blue/ Green	0.35		239,000		233,000		229,000
	0.41		257,000		251,000		247,000
	0.46		275,000		269,000		265,000
White	0.31		230,000		224,000		220,000
	0.40		253,000		247,000		243,000
	0.45		273,000		267,000		263,000

 ○ Vietnam – America Tonxop Panel Co., Ltd

Vietnam – America Tonxop Panel Co., Ltd
Established Year	2001		Country	Korea
Business Type	Private Company		Revenue	N/A
Website	www.tonxop.com.vn
Office Address	Room 607, 137 Nguyen Ngoc Vu St, TrungHoa Ward, CauGiayDist, Hanoi, Vietnam
Factory Address	Tonxop Factory, GiaBinh Ward, GiaBinhDist, BacNinh Province, Vietnam
Contact Person	Mr. Nguyen ManhThanh
	Position		Director
	E mail		thanhtonxop@gmail.com (HP: 84-989 159 999)
	Tel		84-4-6255 7979
	Fax		84-4-6255 7979
Remarks
Overview	This company is now manufacturing various kinds of panel including Roof Panel System, Wall Sandwich Panel, Clean Room Sandwich Panel, Cold Room Sandwich Panel. Besides, it is now producing EPS-Foam-Styrofoam materials as well. Therefore, they nearly do not have material import demand. Although they have quite new brand, they have already achieved many accomplishment as gained huge attention thanks to their quality and good service which are certificated by ISO 9001: 2008 (March, 2008). Currently, they have built 3 manufacturing factories which are located on an area of 30,000㎡. Factory 1 is specializing in producing EPS materials with capacity of 200 tons per month. Factory 2 is manufacturing EPS-PU-Glass Wool Sandwich Panel with capacity of 1,200,000㎡ per year. Since its establishment, they are achieved many prestigious awards consisting of Customers’ Favorite Choice (2011), Gold Medal for 3D Panel (2010), Gold Brand for Tonxop Brand (2010), etc.
Some of Major Projects
Name					Year
Tien Hung Garment Joint Stock Company – Hung Yen					2009~2010
SinhWorIntechVina Factory – Yen Phong Industrial Park					2010
Bic Shopping Mall – Vinh Phuc					2011
Seojin Factory – Bac Ninh					2012
Arail – Dong Van Industrial Park					2012
Thermal Power Factory – Quang Ninh					2012
Image		Description			Price
Wall Sandwich Panel		Core material: EPS, Glasswool, PU Thickness: 50, 75, 100㎜ Width 1060㎜ Heatproof, noiseproof			253,000 VND/㎡
Roof Sandwich Panel		Core material: EPS, Glasswool, PU Thickness: 50, 75, 100, 150, 200㎜ Width 1080㎜ Heatproof, noiseproof			274,000 VND/㎡

 ○ Vietrust Technological Investment and Development Joint Stock Company

Vietrust Technological Investement and Development Joint Stock Company
Established Year		2003		Country		Vietnam
Business Type		Private Company		Revenue		N/A
Website		www.tonmat.com.vn
Office Address		No. 42 To HienThanh St, Bui ThiXuan Ward, Hai Ba TrungDist, Hanoi, Vietnam
Factory Address		Tien Son Industrial Zone, Tien Du Dist, BacNinh Province, Vietnam
Contact Person		Mr. Nguyen Tuan Minh
		Position		Project Department
		E mail		minhnguyen@tonmat.com.vn (HP: 84-903 466 559)
		Tel		84-4-3974 3794
		Fax		84-4-3794 3796
Remarks
Overview		VIETRUST JSC is a leading manufacturer in the North of Vietnam specializing in high quality polyurethane (PU) thermal insulation panel and roof for industrial refrigeration systems, aquatic and seafood processing industry, foodstuff factories, pharmaceutical industry, hospitals, electronic and IC factories, nano technology, etc. Vietrust JSC has the brand name TONMAT for sandwich panel item. The TONMAT factory has a capacity of 800,000m2 per year for PU ROOF products and nearly 30.000㎡ per year for sandwich panel, with height/length from 6m up to 12m to meet construction needs of large size cold storages with modern loading and uploading equipments from customers. TONMAT Roof & Panel has not been exported to any foreign countries because Vietrust JSC chooses local market to be the main only market to distribute products and develop their business. Until now, they have 4 local distributors and 1000 agents in the domestic market, of which MIRAI. Corporation is the biggest distributor in the North of Vietnam. Compared to some competitors in the North and Middle of Vietnam, TONMAT products made up 30% of the market in 2006, up to 40% in 2007 and in the year 2008, its market share accounted for 50% of the total sandwich panel market. Their products have been applied for Trade Union Restaurant, Vincom Twin Towers, Ford automobile showroom, Melinh plaza hypermarket, Lao Bao border gate commercial center.
(Unit: VND/㎡)
Code	Thickness		ECO		SPEC		APEC
ZK	0.30		176,000		186,000		334,000
	0.35		184,000		192,000		342,000
	0.40		192,000		200,000		350,000
Z	0.30		179,000		189,000		337,000
	0.35		187,000		195,000		345,000
	0.40		195,000		203,000		353,000
	0.45		202,000		210,000		368,000
AZ 50	0.30		182,000		192,000		340,000
	0.35		190,000		198,000		348,000
	0.40		198,000		206,000		356,000
	0.45		205,000		213,000		371,000
F	0.30		184,000		194,000		342.000
	0.35		192,000		200,000		350,000
	0.40		200,000		208,000		358,000
	0.45		207,000		215,000		373,000
AA	0.35		241,000		249,000		399,000
	0.40		258,000		266,000		416,000

 ○ New Materials Corporation (Newmat)

Newmat Corporation
Established Year			Country	Korea
Business Type	Private Company		Revenue	N/A
Website	www.newmat.vn
Office Address	3rdFloor, Building B, No. 352 GiaiPhong St, Hai Ba TrungDist, Hanoi, Vietnam
Factory Address	N/A
Contact Person	Ms. Pham Thanh Huong
	Position		Business Manager
	E mail		newmatcorp@gmail.com(HP: 84-902 668 352)
	Tel		84-4-3668 6252
	Fax		84-4-3668 6251
Remarks
Overview	This company is currently manufacturing and distributing its products including Seamlock Panel, Cliplock Panel, PU Sandwich Panel, EPS Sandwich Panel, Panel Accessories and Materials. Additionally, they offer very good quality consultancy and installation services. Therefore, they have gained many attention and beliefs of customers since its establishment. Its product is composed of 3 layers [Ton + PU (Polyurethane) film + PP / PVC / Ton]. By applying the traditional mixing methods combined with advanced science and technology, this company has created a modern and effective products that suit the climate in Vietnam Currently, they are using input materials from a domestic suppliers.
Some of Major Projects
Name					Year
Trung Nguyen Coffee Factory – BacGiang					2012
Student Dorm of Dai Nam University					2011
Product		Description			Price
		PU Sandwich Panel Width: 1000㎜ Thickness: 38.5㎜			256,000 VND/㎡

 ○ Phuong Nam Insulating Co., Ltd

Phuong Nam Insulating Co., Ltd
Established Year	2000		Country	Vietnam
Business Type	Private Company		Revenue	N/A
Website	www.toncachnhiet.net
Office Address	No. 99, 1A St, Tan Thoi Nhat Ward, Dist 12, Ho Chi Minh City, Vietnam
Factory Address	N/A
Contact Person	Mr. Giang Van Thanh
	Position		Director
	E mail		Cachnhiet01@gmail.com
	Tel		84-8-3590 1963~75
	Fax		84-8-3590 1976
Remarks
Overview	This company with over 10 years of experience in the field of sandwich panel has gained its own stable position in the tough market thanks to its competition, quality and good service. Their major products are insulating panel including PU panel, EPS panel, OPP panel etc. They can be used in building cold rooms, clean rooms, Industrial Factories, etc.
Some of Major Projects
Name					Year
Viet Cuong Project – Long An					2009
Sapharco Project – Hanoi & Ho Chi Minh City					2013
ATAD Project – Ba RiaVung Tau					2013
Product		Description (Core: PU, EPS)			Price
		Width: 3zem 5 Density: 3.06㎏/md			93,500 VND/md
		Width: 4 zem 0 Density: 3.53㎏/md			106,500 VND/md
		Width: 4 zem 5 Density: 4㎏/md			117,000 VND/md

 ○ Thanh Cong Co., Ltd

Thanh Cong Co., Ltd
Established Year		2003		Country		Vietnam
Business Type		Private Company		Revenue		N/A
Website		www.tonthanhcong.com
Office Address		No. 299G, Ly Thuong Kiet St, Ward 15,Dist 11, Ho Chi Minh City, Vietnam
Factory Address		N/A
Contact Person		Mr. Nguyen Thanh Khanh Phuong
		Position		Business Manager
		E mail		Bpbh.tonthanhcong@gmail.com
		Tel		84-8-3505 3137
		Fax		84-8-3864 1864
Remarks
Overview		The company is specializing in manufacturing a variety kinds of construction materials. Their products consists of roofing sandwich panel, insulating and soundproof material, other decorative frame as well as ceiling partition. Their core materials are PU and glass wool.
Product	Size (m)		Thickness (㎜)		Density (㎏/m)		Price (VND/m)
Glass wool Sandwich Panel	1.07		0.6		0.7		42,000
	1.07		1.2		1.4		84,000
	1.07		1.8		2.1		126,000
	1.07		2.4		2.8		168,000
	1.07		3.0		3.5		210,000
PU Sandwich Panel	1.07		3dem		3.40		145,200
	1.07		3.40dem		3.80		147,200
	1.07		4.20dem		4.20		156,200
	1.07		4.65dem		4.65		166,500
	1.07		5dem		5.10		174,700

Note: not included VAT & transportation charge

 ○ Austnam Joint Stock Company

Austnam Joint Stock Company
Established Year	1992		Country	Vietnam
Business Type	Private Company		Revenue	N/A
Website	www.austnam.com.vn
Office Address	No. 109 Truong Chinh St, ThanhXuanDist, Hanoi, Vietnam
Factory Address	N/A
Contact Person	Mr. Le Van Nhuong
	Position		Project Business Manager
	E mail		Nhuonglv.austnam@gmail.com (HP: 84-903 224 415)
	Tel		84-4-3869 1579 (Ext: 408)
	Fax		84-4-3869 1579
Remarks
Overview	This company is a part of Vietnam Industrial Investment Group. Since its establishment in 1992, with advanced technology of Australia, they have gradually gained customers’ belief. Starting from producing color metal sheet in Northern Vietnam, recently, realizing the rising demand of insulating material, they have developed sandwich panel using PU as the core materials. Their typical sandwich panel consists of a metal sheet and PVC paper with a layer of PU foam between. Austnam is a big brand in Vietnam, they have dozens of distribution agents in Vietnam. Almost every construction material store displays their products.
Product		Description			Price (VND/㎡)
Austnam APU 2 Panel		Thickness: 38.5㎜ Size: 1000㎜			231,000
Austnam APU 1 Panel		Thickness: 44㎜ Width: 1000㎜			243,000