Introduction

Viet Nam Forestry Corporation Joint Stock Company (VINAFOR) was established in 1995 with operational scale covering the whole nation. In 1997 VINAFOR was categorized by the Government as the state-owned corporation of special class. Ever since its establishment, VINAFOR has always achieved sustainable growth every year. VINAFOR has built up and maintained its core position within the forestry sector of Vietnam and nowadays, it has become a corporation of multiple ownerships and multiple benefits. VINAFOR is the pioneering corporation in applying advanced science and technology in producing and processing artificial wood panel, marking a complete transition from using natural forest wood to using planted forest wood.

Business sector

  • Planting and taking care of foest;
  • Exploiting wood;
  • Engaging in forestry services;
  • Producing medium density fibreboard (MDF), plywood board and wood sheets;
  • Producing construction wood products;
  • Producing other products made from wood;
  • Manufacturing agricultural machine and equipment;
  • Producing bed, drawer, table and chair;

History

Date of incorporation 04/10/1995
Certificate of registration number 0100102012
Date of issue 03/07/2019
Capital 3,500,000,000,000
Tax Code 0100102012
Sectors & Industries Basic Resources > Forestry

  • Vietnam Forest Corporation was established in 1995 under decision No. 667/TCLD dated 04/10/1995 issued by, formerly, the Ministry of Forestry and presently, the Ministry of Agriculture and Rural Development.
  • In 1997 VINAFOR was categorized by the Government as the state-owned corporation of special class.
  • On 25/11/2009, the Ministry of Agriculture and Rural Development issued Decision No.3390/QD-BNN approving the Scheme of transforming the structure of Vietnam Forest Corporation into the model of Parent companies – subsidiaries, of which the Parent company is a single-member limited liability company working in 28 different business lines, sectors.
  • It was equitized and became Vietnam Forest Corporation Joint Stock Company on Spept 01, 2016 with VND 3.500 billion in charter capital.
  • It became a public company on Nov 21, 2016.

Listing information

Date of listing 03/07/2019
Stock exchange HASTC
Par Value 10,000
Initial Listing Price 21,700
Listing Volume 350,000,000
Total Listing Value 3,500,000,000,000

Management team

Phí Mạnh Cường Chairman of the Board of Directors
Đỗ Ngọc Khanh Vice-chairman of the Board
Nguyễn Trung Kiên Members of the Board
Lê Quốc Khánh Members of the Board
Nguyễn Mạnh Hùng Board of internal controllers
Hồ Thị Thanh Huyền Member of the Board of Internal controllers
Đào Quốc Hoàn Member of the Board of Internal controllers
Lê Quốc Khánh Chief of Executive Officer
Vũ Văn Hường Deputy CEO
Ngô Thị Thúy Mai Deputy CEO
Nguyễn Trung Kiên Deputy CEO
Nguyễn Khương Lâm Deputy CEO
Mai Quý Quảng Chief Accountant
Phí Mạnh Cường Representative Spokesman