Ngoc Diep Group reached the Top 500 fastest growing enterprises in Vietnam in 2021

On April 27, at Sheraton Hotel, City. Hanoi, Vietnam Report Joint Stock Company (Vietnam Report) cooperated with Vietnamnet electronic newspaper – Ministry of Information and Communications to hold a ceremony to honor and announce TOP500 fastest growing enterprises in Vietnam in 2021. Ngoc Diep Group overcame many enterprises and was honored to rank 145/500 in the FAST500 Ranking of Vietnam’s fastest growing enterprises in 2021.

Mr. Tran Huu Quan – Deputy General Director of Ngoc Diep Group received the honor of FAST500 Fastest growing enterprise in Vietnam

Ngoc Diep Group – “The rising star” of Vietnam’s economy

FAST500 – Ranking of 500 fastest growing enterprises in Vietnam – based on independent research and evaluation results according to international standards of Vietnam Report, published annually since 2011, with consultation of experts and advisory councils at home and abroad.

Ngoc Diep Group is considered a fast-growing enterprise with double-digit annual revenue growth in the context of the general economy’s difficulties. 2016-2020 is the period when Ngoc Diep Group expands into the field of aluminum production and business with the largest and most modern factory in the field of aluminum production in Vietnam today. After only 5 years of investing in this field, Ngoc Diep Aluminum with the Dinostar Aluminum brand has grown strongly in both Construction Aluminum – Industrial Aluminum and Billet Aluminum, becoming the new growth engine of the Group. Traditional business fields such as NGOCDIEPWINDOW, Ngoc Diep Furniture, Ngoc Diep Packaging continued to grow steadily, making important contributions to the overall growth. Ngoc Diep branded products have been contributing to creating a spacious appearance for hundreds of thousands of works across the country and promoting the overall economic development of the country.

Ranked in the FAST500, Ngoc Diep Group is proud of its efforts and recognized achievements.

“Overcoming Challenges – Taking Opportunities”

2020 is a tumultuous and challenging year for the global economy when the Covid-19 pandemic broke out, causing serious impacts, causing many businesses to “collapse”. In that context, Vietnam’s economy still achieved “miracle” results, still maintaining a positive GDP growth rate.

Ngoc Diep Group is honored and proud to be one of the fastest growing businesses in Vietnam in 2021, contributing to a “miracle” Vietnamese economy during the pandemic.

Contributing to the economic growth of the country, Ngoc Diep Group has restructured its personnel apparatus, completed the operation process, changed its perspective, and found new directions with an investment strategy for sustainable development. stable during the pandemic. Ngoc Diep Group’s advantage is to provide diversified products for both domestic and export markets. In addition, the proactive supply thanks to the closed value chain helps the Group’s production and business to be maintained stably. Turning risks into threats, taking advantage of opportunities has helped Ngoc Diep Group be honored on the prestigious FAST500 Ranking.

Participating in the Ranking of 500 Fastest Growing Enterprises in Vietnam 2021 on the occasion of the 25th anniversary of its establishment is even more important, opening a new beginning for Ngoc Diep Group on the journey of “creating the future.” ” associated with sustainable development values.

Source: Cafef

Prices of packaging materials have risen dramatically

As the price of packaging materials rises, it is causing difficulties for many businesses and production sectors that use paper packaging, especially the carton packaging industry.

Imported paper materials increased by 20-40%

As a result of the Covid-19 epidemic, the price of packaging materials such as pulp, printing ink and color has increased sharply, impacting many manufacturing industries. The sharp increase in packaging and freight costs in China, combined with increasing consumption trends, has led to an increase in paper packaging demand.

According to a representative of Ngoc Diep Joint Stock Company (Ngoc Diep Packaging), the average price of domestic materials has increased by 40-50%, and the price of imported paper by 20-40% in recent months, leading to more expensive packaging.

High quality paper stock of Ngoc Diep Packaging Factory

The price of unbleached pulp (the main raw material for packaging paper production) averaged $840/ton in March, up 21.74% over the price in February, according to the Vietnam Packaging Association (VINPAS). The average price of softwood white powder was 920 USD/ton in March, up 13.16% from February. In March, the average price of hardwood whiten powder was 735 USD/ton, up 17% from February; Eucalyptus powder is priced at 740 USD/ton, up nearly 17% from February.

Due to the scarcity of supply, the price of pulp in all countries has risen sharply since March. The price of Canadian bleached softwood pulp, delivered in May, has jumped to $1,000/ton on the exchanges. Before that, this product always traded between 930 and 980 USD/ton. The supply of pulp is expected to be increasingly scarce and the price is predicted to rise, rather than decrease.

Developing domestic paper recycling technology

In fact, the lack of supply, increased demand, and high sea freight costs have all contributed to the continuous price increases on the Chinese and Asian pulp markets in the last few years. VINPAS reports that China’s economy recovered much faster than expected after Covid-19, causing paper and carton demand to increase significantly from the end of 2020.

The demand for paper from China skyrocketed along with supply limited production cause the price of paper materials in China – a large market for Vietnamese paper materials – to increase simultaneously. As a result of Covid-19, many big Chinese companies changed their annual production plans. Delaying production until the end of the year caused many passive production activities and shortage on the market.

Ngoc Diep packaging products have achieved National Brand Award and National Quality Award for many years in a row

Under pressure on the paper market in 2021 and with stressful developments in input materials, packaging businesses face difficulties when they are unable to increase product prices at a sufficient level to offset costs because customers are not readily accepted. Vietnam needs to promote paper recycling technology to reduce the passivity of paper materials, according to environmental expert Pham The Hien (Academy of Science and Technology). Currently, the demand for pulp has increased sharply in many countries around the world. India and China are the two countries that consume the most paper globally. Recycled paper in the US and Canada has increased by 81%, much higher than before. The average use of recycled paper in European countries is 75 percent. In Vietnam, the percentage of recycled paper is also over 70%. However, Vietnam imports most of its recycled paper materials from abroad, unlike other countries which encourage recycling and collection.

“The world has changed. In addition to continuing to face obstacles in disease prevention, paper enterprises will need to find alternative raw material sources and accept rising raw material costs. There is a worldwide trend to use paper boxes rather than plastic ones with the perception that they are “eco-friendly” in nature. To survive and grow, the paper industry cannot continue to depend on imported materials, but must adopt modern recycling technology,” he shared.

Source: Youth Daily

Ngoc Diep Packaging – Proudly honored with the Golden Prize of the National Quality Award

On April 25, 2021 at the Ceremony to honor the National Quality Award 2019 – 2020, Ngoc Diep Joint Stock Company became the only packaging manufacturer to be honored with the National Quality Gold Award. It is a worthy recognition for the efforts and dedication of the company over the past years.

The National Quality Award is an award conferred by the Prime Minister to honor organizations and enterprises with outstanding achievements in improving product and service quality, operational efficiency, and integration with the global economy. Speaking at the ceremony, Minister of Science and Technology Huynh Thanh Dat said that the National Quality Award is the highest award in the legal system on quality, products and goods awarded by the Prime Minister.

The award is based on  7 criteria of the advanced national quality award system, belonging to the Asia-Pacific International Quality Award system. As a result of the strict selection criteria, combining the self-scoring process, the evaluation process, the field tests, and the agreements with the provincial People’s Committees, city, and locality, the selection results are very objective and transparent. Therefore, the award-winning enterprises are all typical Vietnamese enterprises, symbolizing the spirit of innovation that reflects in the quality of products and services, representing Vietnamese wisdom.

The award structure includes two levels: Gold and Quality. The quality award is awarded if the business hits 600 points, while gold awards are given to those reaching 800 points. Ngoc Diep Joint Stock Company has excellently won the Golden Prize of the National Quality Award.

Mr. Tran Huu Quang – Director of Ngoc Diep Joint Stock Company received Golden Prize of National Quality Award by Minister of Agriculture and Rural Development Le Minh Hoan and President of the Vietnam Academy of Science and Technology Chau Van Minh.

Over 25 years with the core value “”Put quality as the center of development”, Ngoc Diep Joint Stock Company has continuously innovated, created, applied technology and improved products to become one of the leading enterprises in the field of packaging production and business with stable growth in market share and revenue and strong growth in both depth and scale.

In addition to building a quality and environmental management system according to ISO 9001: 2015 and ISO 14001: 2015 standards, Ngoc Diep Joint Stock Company has continuously invested in modern equipment and machinery in order to ensure the supply of high-quality products. It is one of the largest packaging factories in the North, supplying 200 million products a year to the market. Besides, the use of high quality input materials and the skills of thousands of well-trained and experienced employees have contributed to the success of Ngoc Diep Packaging.

Having achieved many prestigious achievements in recent year such as Vietnam Gold Star Award 2018, National Brand 2016, National Brand 2018, Ngoc Diep Joint Stock Company again set a record by winning the Golden Prize of National Quality Award, confirming the company’s leadership in carton packaging production.

This is a recognition of the relentless efforts of Ngoc Diep Joint Stock Company in building a brand associated with quality and a reputation for professional service. The focus on product quality and customer service made Ngoc Diep Packaging the choice of many large companies and corporations in the fields of foods, consumer goods and electronics.

Head of Hung Yen Department of Science and Technology Tran Tung Chuan presents flowers to congratulate Ngoc Diep Joint Stock Company for winning the Gold Prize of the National Quality Award

From 2021, Ngoc Diep Joint Stock Company is increasing its focus on qualitative development, contributing to the building of a developed society with the motto “The pinnacle of quality – Creating the future”.

See more at Dantri: Ngoc Diep Packaging – Proudly honored with the National Quality Gold Award

Aluminium Appications: Aluminium In Construction (Part 2)

We can thank Aluminium for the changing image of modern cities and towns: the clarity of lines, the feverish desire to grow skyward, the beauty, functionality and environmental compatibility of present-day megalopolises. The glass faces of office skyscrapers are supported by lightweight and sturdy Aluminium frames. Entertainment, trade and exhibition centres literally rest on Aluminium frameworks. Stadiums, pools and other sports facilities.

Imagine that you have a light, but strong metal, which is not prone to corrosion, which is non-toxic and durable, and which can be given virtually any desired shape. Aluminium is a tool for unlimited creativity in the hands of the architect, making it possible to create structures that cannot be made from wood, plastic, or steel.

That is why it is so commonly used in modern construction.

  1. History

At the beginning of the last century, Aluminium was virtually unused in civil engineering, as the metal was too expensive and not produced in sufficient volumes. Everything changed in the 1920s, when the electrolysis process reduced the cost of Aluminium by 80%. The metal became extremely popular for finishing roofs and domes and for use in drains and wall panels, as well as for decorative purposes.

The first building in which Aluminium was widely used in construction was the Empire State Building, the famous New York skyscraper built in 1931 – and the tallest building in the world until 1970. Aluminium was used in all of the building’s basic structures and widely used in the interior as well. One of the building’s calling cards is the fresco on the lobby ceiling and the walls are made of Aluminium and 23 karat gold.

Empire State Building, USA

The minimum design service life of Aluminium structures is 80 years. Within this timespan, Aluminium can be used in any climatic conditions and does not lose its properties in temperatures ranging between –80 °C and +300 °C. Aluminium structures can be slightly prone to damage in fires, but the metal becomes even stronger at low temperatures. That is why it is widely used in construction in cold areas, like the Northern Urals, Siberia and Yakutia in Russia.

Thanks to its low specific weight, Aluminium plate constitutes half the weight of steel with the same stiffness. So, the weight of Aluminium structures is one half to two-thirds the weight of steel structures and up to one-seventh the weight of reinforced concrete structures with the same bearing capacity. That is why Aluminium is today is used in high-rise buildings and skyscrapers. The light weight of Aluminium drawbridges makes their mechanical components lighter, minimizes counterbalances and in general gives more space for the architect to realise his or her creative vision. In addition, it is simpler, faster and more convenient to work with lightweight structures.

Aluminium takes to polishing and anodizing very well and can take on any colouring, a quality highly valued by designers. For example, the ceiling of the Aviamotornaya underground station in Moscow, the buildings of the Russian Academy of Sciences and the State Kremlin Palace feature anodic Aluminium raised plates. These elements look and sparkle like gold from afar. In using this metal, it is not necessary to waste this precious metal for gold anodizing, as the special pigment gives the colour and the oxide film gives the lustre.

  1. Skyscrapers

Skyscrapers are, no doubt, Aluminium’s business card in modern architecture. Their floor-to-floor glass walls or translucent panes represent a combination of glass and Aluminium frames. They are in universal use worldwide as they make it possible to create a building that is much more energy-efficient from an economic point of view and can significantly reduce CO2 emissions.

 Moscow-City, Moscow, Russia                                      The Co-operative Group, Manchester, United Kingdom

Coming back to the Empire State Building, the iron frames of all 6,514 windows were replaced with Aluminium frames in 1993 as part of the legendary skyscraper conversion program. The new windows make up 30% of the building surface, thus ensuring a 16% saving in energy consumed annually.

In 2012, Siemens opened the Crystal Centre for Sustainable Urban Development in London. The Centre’s building was designed with the application of Aluminium faces and the latest energy-saving construction techniques, and it became the only structure worldwide to receive both the top LEED and BREEAM ratings– the two most widespread systems for assessing buildings according to environmental impact. Crystal consumes 46% less electricity and generates 65% less carbon dioxide than any other office building comparable in size.

The Crystal, London, United Kingdom

According to forecasts, the planet’s population will be 10 billion people by 2050. Two-thirds of these people will live in cities, which means the environmental problem will become especially severe, including potential shortages of water, fertile soils and other resources. Considering that Aluminium structures are 100% recyclable with significant reductions in carbon dioxide emissions, it is the metal of the future.

  1. Pavilions

Light and at the same time strong, gridshell makes it possible to build not only large-area buildings, but also to give them unusual shapes.

The Ferrari World giant entertainment park in Abu Dhabi, opened in 2010, has the largest Aluminium roof in the world with an area of 200,000 square metres. The Aluminium used in the roof would be enough to make16,750 Ferraris.

Ferrari World, Abu Dhabi, United Arab Emirates

The Sage Gateshead concert hall in Great Britain, designed by Norman Foster’s architectural studio, is shaped to resemble sound waves. The structure consists of Aluminium, glass and steel.

The Sage Gateshead, Gateshead Quays, United Kingdom

The roof of the enormous Riverwalk atrium in the Gaylord Texan Resort & Convention Centre hotel complex, close to Dallas in the US, is made of a glazed Aluminium framework. The atrium area exceeds 16,000 square metres, and a microclimate is sustained within.

Gaylord Texan Resort & Convention Center, Grapevine, Texas, USA

The famous Dzintari concert hall in Yurmala (Latvia) not only has an Aluminium roof, but a sliding roof; it is technically impossible to make such a structure from steel.

  1. Sports Facilities

Aluminium is widely used to build large-scale structures with non-standard shapes such as stadiums, covered pools and other sports facilities.

The roof of the aquatics centre built for the 2012 Olympic Games in London is covered with Aluminium in the shape of an enormous ocean wave. The roof is 160 metres long and weighs 3,000 tonnes. Two 50-metre pools are situated under it, one 25-metre diving pool and seats for 17,500 spectators.

London Aquatics Centre, London, United Kingdom

Aluminium was one of the key materials used to build Olympic facilities in Sochi for the 2014 Winter Olympics. The total area of translucent panes of the Bolshoi and Iceberg ice rinks, the Laura biathlon stadium and Sanki bobsledding centre Sanki exceeded 16,000 square metres.

The Iceberg Skating Palace, Sochi, Russia

Without resting on the laurels of their success, specialists are investigating new possibilities for using Aluminium as the basic construction material. Scientists from the Hong Kong University of Science and Technologies developed innovative Aluminium panels that can be used in building high-rise structures, ensuring greater energy and economic efficiency as compared to concrete and steel.

Source: Aluminium Leader

 

Aluminium Applications: Aluminium in Transport (Part 1)

Light, durable and functional: these are the qualities that make aluminium one of the key engineering materials of our time. We can find aluminium in the homes we live in, in the automobiles we drive, in the trains and aeroplanes that take us across long distances, in themobile phones and computers we use on a daily basis, in the shelves inside our fridges and in modern interior designs. Dinostar Aluminum wants to provide readers with an overview of the diverse applications of Aluminum in life through a series of articles on Applications of Aluminum.

All types of vehicles, from bikes to spaceships, are made from aluminium. This metal allows people to move at breakneck speeds, cross oceans, fly in the sky and even leave our planet. Transport also accounts for the largest share of aluminium consumption: 27%. This figure is bound to keep growing over the next few years.

  1. Aerospace and aviation

Aluminium will always be thought of as the metal that allowed people to fly. Light, strong and flexible, it proved an ideal material for building heavier-than-air aircraft. There’s a reason that in some circles aluminium is known as the ‘winged metal’.

Aluminium makes up 75-80% of a modern aircraft. The composition of aluminium alloys used in aircraft has changed, aeroplanes have gotten better, but the main goal of aircraft designers remains the same: build a plane that is as light as possible with the maximum possible capacity that uses the least possible amount of fuel and whose body doesn’t rust over time. It’s aluminium that allows aviation engineers to hit all these targets. In modern aircraft aluminium is used literally everywhere: in the fuselage, in the trims, in wing panes and in the rudder, in the tie down systems in the exhaust pipes, in the feeding blocks, in the refuelling hoses, in the door and floors, in the frames of pilot and passenger seats, in the fuel nozzles, in the hydraulic systems, in the cabin pillars, in ball bearings, in the instrumentation in the cockpit, in the engine turbines and in lots of other places.

Light, durable and functional – Aluminium is the ideal material for aircraft construction

Aluminium has proved indispensable not just in aviation but also in the aerospace industry where its combination of low weight and maximum strength is even more critical. The body of the first human-built satellite launched in the USSR in 1957 was made from an aluminium alloy.

All modern spacecraft contain between 50% and 90% of aluminium alloys in their parts. Aluminium alloys are used in the body of Space Shuttle vehicles, they’re found in the telescopic antenna of the Hubble space telescope; hydrogen tanks used in rockets are made from aluminium alloys, the tips of rockets use aluminium alloys, parts of launch vehicles and orbital stations, as well as the fastening units for solar panels – all these elements are made from aluminium alloys.

All modern spacecraft contain between 50% and 90% of aluminium alloys in their parts.

  1. Automotive industry

The car is the most common type of transport in the world. The main building material used in cars is the relatively cheap steel. However, as the automotive industry begins to pay more and more attention to fuel efficiency, reducing CO2 emissions and design, aluminium is playing an ever more important role in modern cars.

In 2014 the global automotive industry (excluding China) consumed 2.87 million tonnes of aluminium. By 2020 it’s expected to be consuming 4.49 million tonnes of aluminium a year. Key factors of this growth include both rising automotive production and wider use of aluminium in modern cars.

Every kilogram of aluminium used in a car reduces the overall weight of the vehicle by one kilogram. For this reason more and more car parts are being made from aluminium: engine radiators, wheels, bumpers, suspension parts, engine cylinder blocks, transmission bodies and body parts: the hoods, the doors and even the frame. As a result since the 1970s the share of aluminium in the overall weight of an average car has been constantly on the increase: from 35 kg in the 1970s to today’s 152 kg. Experts project that by 2025 average aluminium content in a car will reach 250 kg.

Every kilogram of aluminium used in a car reduces the overall weight of the vehicle by one kilogram.

Aluminium has another very useful property: it’s very good at absorbing shock: in fact it’s twice as effective at it as steel. For this reason, automakers have long been using aluminium in bumpers.

Another reason why an aluminium body is superior to a steel one in terms of safety is because when aluminium parts get bent or deformed, the deformation remains localised to the areas of impact while the rest of the body retains the original shape, ensuring safety for the passenger compartment.

Experts claim that in the next ten years automakers are going to significantly expand the use of aluminium in their models. Lots and lots of aluminium is going to find its way into body parts and entire car bodies are going to be built from aluminium.

At the same time many automakers are currently negotiating with aluminium producers to build closed-loop production facilities where new aluminium car parts are made from recycled aluminium parts taken out of discarded vehicles. It’s hard to imagine a more environmentally friendly production model.

  1. Rail Transport

In long distance rail systems aluminium is widely used in high speed rail systems, which began to be introduced en masse in the 1980s. High speed trains travel at speeds of 360 kph and more. New high speed rail technologies promise speeds in excess of 600 kph.

Aluminium makes it possible to reduce the weight of such trains, which reduces the bends in the rails that add to the friction resistance. In addition, a high speed train, like a plane, has to have an aerodynamic shape and have a minimal amount of protruding parts, and here too aluminium helps the designers out.

Aluminium is widely used in  high speed rail system

High speed trains made from aluminium are used by France’s TGV high speed rail systems. Today TGV is Europe’s largest high speed rail system and is planned to be used as the basis for a Europe-wide high speed rail system. The first TGV trains were made from steel, but aluminium replaced steel in later generations. Thus the latest model train called AGV is made entirely from aluminium alloys and travels at speeds of up to 360 kph.

  1. Ship Building

Modern seafaring vessels are increasingly being built from so-called marine aluminium, an umbrella term that refers to a broad range of aluminium-magnesium alloys (magnesium content varies between 3 and 6%) used in mechanical engineering. These alloys have outstanding corrosion resistance in both fresh- and seawater.

Marine aluminium is 100 times less prone to corrosion than steel. In the first year of operation steel gets covered in corrosion at a rate of 120 mm per year, while aluminium at a rate of only 1 mm per year. In addition, marine aluminium has outstanding strength. It’s flexible, and even a powerful blow can’t punch a hole in the body of a welded-aluminium boat. Aluminium frames improve seaworthiness, deliver better security and reduce maintenance costs.

It is for this reason that aluminium is used in yachts, motor boats, cutters as well as underwater craft. As a rule, sporting boats are built from aluminium from keel to mast, which gives them a speed advantage, while high capacity vessels are built from steel while the superstructure and other auxiliary equipment is made from aluminium to save weight and increase the cargo carrying capacity.

Source: Aluminium Leader

Ngoc Diep Group is ranked as Top 500 Fastest growing enterprises in Vietnam in 2021

With an impressive compound annual revenue growth rate, Ngoc Diep Group has excellently surpassed many enterprises to rank 145/500 in the FAST500 Ranking of Top 500 Fastest Growing Companies in Vietnam.

FAST500 – Top 500 fastest growing enterprises in Vietnam is the leading prestigious ranking in Vietnam, built on the results of independent research and evaluation according to international standards surveyed by Vietnam Report Company and Announced annually with the consultation of experts, domestic and foreign advisory council.

The FAST500 ranking is based on the results of independent research and evaluation of Vietnam Report. The rankings of companies in the ranking are based on the Compound Annual Growth Rate (CAGR) of sales and business performance. Besides, criteria like total assets, total labor, after-tax profits and corporate credibility in the media … are also used as supporting factors to determine the size and position of enterprises in the industry. After 12 consecutive years of publication, the Rankings mark the non-stop efforts of FAST500 that are considered as “rising stars”, as a growth engine of the whole economy.

Ngoc Diep Group has reached an annual revenue growth rate of 2 digits in recent years in the context of the economy facing many difficulties. In 2016-2020, Ngoc Diep expands into the field of aluminum production. Only after 5 years of investing in this field, Ngoc Diep Aluminum with Dinostar Brand has recorded continuous growth, becoming the new growth engine of the Group. Traditional businesses such as NGOCDIEPWINDOW, Ngoc Diep Furniture, and Ngoc Diep Packaging continue to grow steadily, making important contributions to the overall growth.

The presence in the 2021 FAST500 Ranking on the occasion of its 25th anniversary is a testament to the serious and enduring efforts of Ngoc Diep Group and a motivation for the company to become the leading Group in the field of Manufacturing Industry and Construction in Vietnam.