Opec Plastics Joint Stock Company, also known in English as Opec Plastics, is headquartered at 13th Floor, BIDV Tower, 194 Tran Quang Khai, Hanoi. The history of the enterprise stretches with important milestones since 2002 as follows: 2002 year Asia Plastic Factory was established and built in Nhu Quynh industrial cluster, Hung Yen province. 2004 Established subsidiaries, namely Dong A AID and Nam A AID, specializing in supplying raw materials for production and distributing products for Asia Plastics Factory. 2006 – 2008 Won Gold Cup for Vietnamese Products, Gold Cup for Environmental Protection, WTO-compliant Products on Intellectual Property, Competitive Trademark. 2009 Established Opec Plastic Joint Stock Company (Opec Plastics., JSC), acquired Asia Plastic Factory. Year 2010 – 2011 The company invests methodically with large capital, senior personnel from abroad, business strategy highly focuses on the value chain and supply chain of the plastic – chemical industry. Year 2012 Put the new factory into operation, in Pho Noi A Industrial Park, Hung Yen province, specializing in the production of export PE packaging. The company became a strategic partner of Dung Quat Oil Refinery, distributing most of PP plastic products for the Plant. 2013 With its position as one of the leading plastic enterprises in Vietnam, with professional management, Opec Plastic continues to expand production and business, create more jobs for workers, and ensure the living standards of the people. employees. Year 2014 to present As the Top Plastic Enterprise in Southeast Asia, the largest plastic resin distributor in Vietnam and Southeast Asia, Opec Plastics always strives to connect and support Plastic enterprises in Vietnam and in the world. world in order to create added value for the parties through win-win and sustainable cooperation. In addition, Opec Plastics is also known as one of the leading manufacturers of biodegradable packaging in the country. Opec Plastic Joint Stock Company is growing and expanding In addition to the head office in Hanoi, Opec Plastic Joint Stock Company also has representative offices and many logistics centers in 3 North – Central – South regions, and representative offices in the United States, Singapore, Indonesia, the Philippines, and China. Quoc, Dubai … have factories producing plastic packaging for export with a total area of ​​​​nearly 10 hectares in Pho Noi A Industrial Park, Hung Yen and at Km 56, Highway 5, City. Hai Duong. These achievements have helped Opec Plastics rank 40th in the Top 100 Largest Private Enterprises in Vietnam and 91st in the Top 500 Largest Enterprises in Vietnam in 2020. As can be seen, the business has completely confirmed it. Top position in Vietnam plastic industry in both depth and breadth. Branch system and factories of Opec Plastic JSC HANOI OFFICE at 13th floor, BIDV Tower, 194 Tran Quang Khai – Ly Thai To Ward, Hoan Kiem District, Hanoi. HO CHI MINH CITY BRANCH at Lot L12A-16, Floor 12A, Vincom Center Dong Khoi Building, 72 Le Thanh Ton, Ben Nghe Ward, District 1, HCMC. CENTRAL BRANCH at Building C1-13, Van Tuong Binh Son Urban Area, Quang Ngai. HAI PHONG BRANCH at Room 703, 7th Floor, LP Builing, No. 508 Le Thanh Tong Street, Van My District, Ngo Quyen District, Hai Phong City, Vietnam. FACTORY 1 at Lot 16, Street 206, Zone A, Pho Noi A Industrial Park, Dinh Du Commune, Van Lam District, Hung Yen Province. FACTORY 2 at Km 56, National Highway 5, Nam Dong, Hai Duong City, Hai Duong Province. How does Opec Plastic Joint Stock Company do business?Continuously increasing capital Formerly known as Asia Plastic Factory, established in September 2009, Opec Plastic Joint Stock Company, formerly known as Asia Plastic Factory, operates mainly in the field of manufacturing foam bags, plastic packaging, etc. plastic beads… with initial charter capital of 55 billion dong. This number is contributed by 3 founding shareholders, including Chairman of the Board of Directors and General Director Dinh Duc Thang (VND 30.25 billion); Mr. Nguyen Minh Tu (19.25 billion VND); Mr. Nguyen Duc Ha (5.5 billion VND). Up to now, through many capital increases, the charter capital of Opec Plastics has increased to VND 550 billion, 10 times higher than before. Total assets by the end of 2019 of Opec Plastics reached VND 7,210 billion, nearly double that of the end of 2016. Equity even reached VND 675 billion at the end of 2019, an increase of more than 8 times in the period. this time. With the ratio of liabilities to total assets regularly maintaining over 90%, most of Opec Plastic’s assets are still financed from debt capital, although this debt ratio is showing signs of decreasing. The business results of Opec Plastics are also significantly affected by the use of high leverage. Revenue far exceeds many “big guys” in the plastic industry Opec Plastic’s revenue grew strongly in the period of 2016-2019 during the expansion process, sometimes reaching double the figure of Tien Phong Plastic (code NTP) and Binh Minh Plastic (code BMP) combined and high much higher than the target of An Phat Xanh Plastic (code AAA), these are all “big guys” in the same listed plastic industry. Specifically, in 2019, Opec Plastics grew 11.5% compared to 2018 when it recorded VND 16,162 billion in revenue. The record revenue that An Phat Xanh Plastic, another big player in the industry, achieved in 2019 is 9,258 billion VND, which is only about 57%. Profits eroded by leverage In 2019, net profit decreased by 64% compared to the previous year when this business only earned 37 billion dong in net profit. With 1,000 dong of revenue, it brought in just over 2 dong of profit, equivalent to a net profit margin of only 0.22%. Profit margins of Opec Plastics are only low because profits cannot keep up with capital raising process. In 2019, the return on equity (ROE) was only approximately 5.5%, and the return on assets (ROA) was only 0.5%.

Noodle soup Noodle vermicelli is located at the beginning of alley 76 Hai Ba Trung. The shop always attracts diners because of its fragrant flavor. The eye-catching dish with the orange-yellow soup of the crab stick. A bowl of vermicelli is full of blood, rolls of silk, crabs, snails, beans … The dish is attractive with the sweet taste of the broth and the fat leopard of the side dish and the strong flavor of the fish sauce. However, the crabs here are not completely pure. Photo: Mitsfoody, Chiecbungdoi.foodlover, Nhanrec, Tebefoody. Diners reviews: Mitsfoody: “A noodle sale is only 25,000 VND. The tasting taste is quite delicious. I eat lunch, so I don’t know the specific selling time. Just keep the boiler with a little bit of it, it will taste delicious, usually it will not taste very strong. ” Fried dough The fried dough in this alley is quite famous. The dough is cut into square shape to fit the mouth. Breaking one more scrambled egg on top will make the dish more fatty. Traditional fried dough, served with shredded papaya and diluted soy sauce. The attraction of the dish is that the fine plastic powder is eaten without causing damage and the price is 25,000 VND for a full, reasonable box. The fried flour here is quite famous. Photo: Tebefood, Lenkycungkhoa. Diners reviews: Nguyen Minh Tu: “The fried flour is very crispy, the food is very tasty, affordable for a place in the city center.” Luu Anh Khoa: “Pretty much, the sauce is also delicious. There is a crunchy grease too. ” Hue cake For those who love cakes in Central Vietnam. A row of cakes with all flavors such as banh beo, filter flour, cake nam… has enough. A portion of cake is only 20,000 VND and can be ordered depending on what you like, but the best part is a mix with spring rolls, rolls. The casual cakes with supple flour, filled with homemade fish sauce and crispy crispy bread served with appeal. The shop sells a full range of Central Vietnamese cakes. Photo: Intofood_, Tebefood, Damanfood. Diners reviews: Intorfood: “Look at the tray is very attractive. The 20,000 VND mixed portion is also complete but the taste is very normal, the fish sauce is not very strong, the filter powder is a bit clumsy, the taste is a bit pale. Fat molded cake, fragrant coconut water. In short it can be eaten. ” Thai fried rice Thai fried rice is definitely not to be missed when coming to this alley. A fairly plump rice set with chicken skin, grilled skewers meat, kimchi, cucumber, tomato … Especially the fragrant soft and fragrant fried rice, attracting a lot of culinary devotees. Photo: Tebefood, Lanwiththi. Diners reviews: Nguyen Mai Khanh: “A box full of mounds has 25,000 VND only, with grilled meat, chicken skin, kimchi, cucumber, fried rice is very soft, hot, grilled meat is seasoned to taste, chicken skin is also crispy. Also, eat more kimchi to help relieve boredom. ” Luu Anh Khoa: “The day we went, the rice was quite dry, the kimchi was really sour, the pork skin was not very crisp. But in return, the barbecue is still delicious, it is delicious. ”