On December 25, 2022, Vanvina Joint Stock Company successfully held a closing ceremony for 2022. The ceremony aims to review the company’s outstanding milestones in 2022, and at the same time to express gratitude and appeal to all Employees continue to promote production and business activities to fulfill business goals, proactively responding to the challenges of the upcoming 2023.
The ceremony was attended by Mr. Nguyen Dao Vinh – Chairman of the Board of Directors along with the entire factory staff.
The year 2022 is the starting year of many key projects, and also the year Vanvina has achieved many achievements in researching and manufacturing high quality valve products, serving the global export market.

Especially in the past year, Vanvina’s R&D department has successfully researched new production methods for pressure reducing valves and connectors used in fire protection, from using the traditional casting method to the hot forging method. This change in production method has helped reduce production costs by 40%, and at the same time, create products with lighter weight, more beautiful product surface, and higher product durability than the old version using the casting method. So far, Vanvina is the only company that has successfully researched and applied the hot forging method of fire protection valves and connectors in the world.
In the context of economic inflation and political instability in the world and the actual situation of Vietnam’s economy, along with the uncertain ups and downs of the raw material market, Vanvina still successfully achieved high revenue and positive profit. The company gradually overcome the weaknesses in the production stage and improve the reputation of the company in the domestic and international markets.
Speaking at the ceremony, President Nguyen Dao Vinh acknowledged and highly appreciated Vanvina’s individual and collective efforts in promoting business and research activities after the pandemic. Besides, the chairman also pointed out a number of problems and difficulties that need to be overcome in the coming 2023.
Regarding the direction of operation in 2023, the President emphasized the complicated political-economic situation in the coming time, set goals for development in the difficult situation, succeeded in digital transformation, and accelerate production and accumulate to build factory No. 2 in early 2024.

At the end of the ceremony, the Board of Directors of the company expressed their trust in all employees, and at the same time called for solidarity, enhanced coordination and unity in actions to create total strength. Thereby successfully completing the plan in the new year 2023 and the sustainable development strategy in the coming period.