- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Thai Nguyen Vietnam
- IPO Date
- Mar 17, 2020
- Business
- Thai Nguyen Book Publishing Joint Stock Co (UPCoM: STH) is a Vietnam-based company primarily engaged in the distribution, retail, wholesale, and publishing of educational, cultural, and office-related products. Founded in 1978 and headquartered in Thai Nguyen City, Vietnam, the company operates across northern Vietnam, serving educational institutions, libraries, teachers, students, and general retail consumers. The company operates through distinct business segments, encompassing book publishing and distribution, educational equipment, stationery and cultural goods, and commercial property leasing. Its core product and service portfolio includes textbooks, supplementary study guides, reference books, literature, children's books, and vocational materials; school equipment, laboratory apparatus, classroom teaching aids, and educational toys; stationery, paper goods, notebooks, writing instruments, and office consumables; as well as souvenir items, arts and crafts, and multimedia educational tools. In addition to commercial trading, the company provides commercial space leasing, warehousing, logistics management, and retail bookstore management services across its regional branch network. In recent years, Thai Nguyen Book Publishing Joint Stock Co has executed strategic operational changes to modernize its retail footprint, transitioning traditional bookstores into integrated cultural-commercial lifestyle centers that incorporate educational entertainment and reading spaces. The company has also expanded its digital distribution footprint by strengthening e-commerce partnerships and online sales channels, optimized its inventory management infrastructure to support large-scale institutional contracts across provincial school networks, and restructured its real estate and commercial leasing portfolio to maximize operational efficiency and recurring revenue.