Viettri Paper Joint Stock Co is a Vietnam-based manufacturing enterprise primarily engaged in the production, processing, and distribution of industrial packaging paper, paperboard, and pulp products. The company's core product and service portfolio comprises coated duplex paperboard designed for consumer packaging and folding cartons; kraftliner and testliner paper engineered for surface layers in corrugated packaging; corrugating medium paper utilized as fluting in multi-ply cardboard boxes; heavy-duty kraft packaging paper manufactured for cement sacks and industrial construction materials; uncoated printing and writing papers; wood pulp production; forest product processing; and the import, export, and commercial trading of papermaking machinery, secondary fiber, and industrial processing chemicals.
The company conducts its core industrial operations from its primary manufacturing complex located in Viet Tri City, Phu Tho Province, Vietnam, maintaining an annual production capacity of approximately 150,000 metric tons. Its commercial operations primarily target domestic packaging converters, corrugated box manufacturers, consumer goods packaging suppliers, and industrial material producers throughout northern and central Vietnam. Originally established in 1958 as the state-owned Viet Tri Paper Mill and commencing operational production in May 1961, the company subsequently transformed into a joint stock company and listed its shares on the UPCoM exchange under the ticker symbol GVT in January 2017. The Vietnam Paper Corporation (Vinapaco) retains a significant minority shareholding in the enterprise.
In recent developments over the past two years, Viettri Paper has implemented targeted capital expenditure programs aimed at modernizing paper-forming equipment and drying cylinders to optimize energy efficiency and enhance sheet formation quality for high-grade testliner and duplex grades. The company has also upgraded its on-site wastewater treatment facilities and automated environmental monitoring systems to ensure continuous compliance with strengthened national industrial environmental standards. To mitigate global pulp and fiber price volatility, the company has expanded its regional procurement networks for recycled old corrugated containers (OCC) and diversified its supplier base. Concurrently, Viettri Paper has broadened its commercial distribution channels to capture rising packaging demand from expanding electronics, food and beverage, and logistics industries across Vietnam, while maintaining a robust cash-generation profile and consistent cash dividend distribution policy for its shareholder base.