About Binh Minh

About Binh Minh Plastic

Binh Minh Plastic Joint Stock Company was established in 1977, is a leading enterprise in the plastic construction materials industry in Vietnam. Currently, the company owns 3 modern factories located in Ho Chi Minh City, Tay Ninh and Hung Yen, specializing in providing pipes and plastic pipe fittings that meet national and international standards. All Binh Minh Plastic products use a completely new additive system that does not contain heavy metals, ensuring safety for users' health and being environmentally friendly. In particular, PVC-U and PP-R pipes and pipe fittings of Binh Minh Plastic have been certified by the Singapore Green Building Council (SGBC) as the highest level SGBP (Singapore Green Building Product) - Leader, safe for drinking water.

Main business and production activities: Production and trading of plastic pipes and pipe fittings: PVC-U, PP-R, HDPE, HDPE double-wall corrugated, irrigation fittings, PVC glue and sprayers.

150.000

Tons of products/year

Year of establishment and continuous development

Factory meets ISO 14001 standards

History of formation and development

1977

1986

1990

1994

1999

2000

2002

2004

2006

2007

2009

2010

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

1977

BINH MINH PLASTIC JOINT-STOCK FACTORY was established on November 16, 1977 under the public-private joint venture model based on the merger of Vietnam Chemical Plastic Pipe Company (KEPIVI) and Kieu Tinh Plastic Company. At this time, the Factory was under the General Corporation of Industrial Technology - Ministry of Light Industry, specializing in the production of household plastic products and some pipe products with plastic pipe accessories.

1986

Binh Minh Plastics was chosen by the United Nations Children's Fund (UNICEF) as the official partner to produce and supply uPVC pipes for the Unicef rural clean water program in Vietnam. This moment opened up a strategic awareness for Binh Minh Plastics to transform the product structure of Binh Minh Plastics to produce industrial and technical plastic products, mainly plastic pipes and plastic pipe fittings.

1990

Officially registered for exclusive protection of trademarks, brands and logos of Binh Minh Plastic in Vietnam.
Binh Minh Plastic's product distribution system began to take shape.

1994

Renamed as BINH MINH PLASTIC COMPANY, a State-owned enterprise under the Ministry of Light Industry.
The first enterprise in the country to apply advanced Dry Blend technology to produce uPVC pipes up to 400mm in diameter directly from compound powder raw materials.

1999

Inauguration of Factory 2 - area of 20,000 m2 in Binh Duong with modern equipment from European countries - marking a step forward in the Company's scale and production capacity.

2000

ISO 9001 Quality Management System certified.

2002

First time launching smooth HDPE pipes and double-walled corrugated PE pipes to the market.
Completed investment in open warehouse, expanding the area of Factory 2 to 30,000m2.

2004

After equitization, the Company officially operated under the name BINH MINH PLASTIC JOINT STOCK COMPANY from January 2, 2004. This is an extremely important milestone marking a fundamental change in the Company's operating mechanism, creating the premise for future breakthrough developments. The Company invested in equipment and expanded the area of Factory 2 to 50,000m2.

2006

The Company's shares are officially traded on the HOSE floor with stock code BMP.

2007

December 21, 2007: December 21, 2007: Inauguration of Binh Minh Plastics Northern Company Limited in Hung Yen, Binh Minh Plastics brand officially joined in conquering the Northern market.

2009

PP-R heat-resistant pipe products are officially launched on the market.
Production of PVC-U pipes up to 630mm in diameter.

2010

Signed a contract to lease more than 155,000 m2 of land at Vinh Loc 2 Industrial Park - Ben Luc - Long An province for the construction project of Binh Minh Long An Factory.
Being the first enterprise to successfully produce HDPE pipes with a diameter of 1,200mm, the largest in Vietnam, at NBM.

2012

Applying the ISO 14001 Environmental Management System, oriented towards green development.
Deploying the information technology project “Enterprise Resource Planning (ERP) – Oracle E-Business Suite”.

2013

Certificate of conformity for products according to the standards of the Ministry of Construction.
Increase charter capital to 454,784,800,000 VND.

2014

Starting construction of a new factory in Long An.
Officially applying (Go-live) the ERP system at the Company.

2015

18/11/2015 Inauguration of Binh Minh Long An Factory.
Successfully deployed 05 ERP subsystems at the Company, Branches and Subsidiaries.

2016

Construction of phase II of Binh Minh Long An Factory started.

2017

The first unit to successfully apply an environmentally friendly additive system that does not contain heavy metals in the production of PVC-U pipes and pipe fittings.
The pioneer unit in the Vietnamese construction materials plastic industry to be awarded the National Quality Award by the Prime Minister.

2018

Completing the process of divesting State capital.
Winning the Asia Pacific Quality Award, continuing to affirm the prestige and position of the leading construction material plastic enterprise in the Vietnamese and international markets.

2019

Conducting restructuring of the Company's organization and restructuring the distribution system in a more dynamic and suitable direction in the competitive environment

Honored as an enterprise "Best Workplace in Asia 2019" announced by HR Asia magazine

2020

Title "Typical Enterprise of Ho Chi Minh City 2020"
Award "Golden Brand of Ho Chi Minh City 2020", Certificate of "Industrial and Outstanding supporting industry of Ho Chi Minh City 2020" awarded by Ho Chi Minh City
Deploying the Supply Chain Management (SCM) model to optimize resource exploitation to improve production and business efficiency

2021

Officially apply the Supply Chain Management (SCM) model.

2022

Binh Minh Plastic’s laboratory has been accredited by the Bureau of Accreditation (BoA) as compliant with ISO/IEC 17025:2017 – Certificate No. VILAS 1436.

2023

Integrating ESG into the development strategy with the goal of delivering the best values to society and promoting sustainable development.

2024

Certified with the Lotus Green Product by the Vietnam Green Building Council, proudly leading the trend of sustainable development in Vietnam’s construction plastics industry.
Committed to being the first and only enterprise in Vietnam’s construction plastics industry to achieve the Singapore Green Building Product (SGBP) certification at the highest level – Leader – for its PVC-U and PP-R pipes and fittings product lines.

Vision - Mission - Core Values

Vision

Maintaining the leading position in Vietnam’s plastic construction materials industry.
Proactively enhancing capabilities and being ready to compete regionally and internationally.

Mission

Providing products and services that meet the increasing demands of the market.
Ensuring a harmonious balance of benefits for Customers, Employees, Shareholders, and Society.

Core values

High consensus
Respect for the past
Steadfast in the present
Confidently looking toward the future

Core cultures

Customer-centric: Collaborating based on honesty and respect for customers.
Excellence in all activities: Continuously striving, learning, and innovating to improve beyond the present.
Openness and embracing challenges: Willing to share ideas and accept challenges.

Organizational chart

Quality management system

Binh Minh Plastic Joint Stock Company is oriented towards developing environmentally friendly products and services to build and affirm the image of a business that is responsible to nature, the community, and committed to sustainable development.

COMMITMENT	APPROVAL
Comply with legal requirements and environmental regulations. Efficiently use resources and focus on environmental protection activities. Minimize adverse environmental impacts in line with the national 3R strategy “Reduce – Reuse – Recycle.”.	Train employees to understand and encourage everyone to participate in environmental activities. Implement, maintain, and continuously improve Quality Management Systems (QMS) and Environmental Management Systems (EMS). Proactively implement the above commitments within the Company and contribute to their realization in the community.

Remarkable acchievement

Operational Excellence

Automating the product picking and cutting process with a 3-axis robot
Following the strategy of "Modernization for Operational Excellence", BMP deploys a 3-axis robot to automate the product picking and cutting process instead of manual operations, minimizing operational risks. This solution increases productivity, ensures accuracy and safety, and improves product quality and worker health. BMP's proactive development of the system internally affirms its ability to master technology and the effective combination of advanced technology with internal team capacity.

Operational Excellence

Automation of ball valve assembly line
In order to meet higher standards of quality and output, BMP has researched and deployed an automatic robot ball valve assembly line to replace the traditional manual process. The system was comprehensively developed by the BMP team, clearly demonstrating the ability to master technology, bringing high productivity and stable quality, contributing to affirming BMP's leading position in the Vietnamese plastic market.

Operational Excellence

Automatic feeding system
To achieve operational excellence throughout the supply chain, BMP deployed an automatic feeding system for both factories, ensuring that raw materials are always transported continuously, accurately and safely. This solution helps stabilize production rhythm, reduce manual operations, limit dust emissions, and create a cleaner and safer working environment. At the same time, the system also stabilizes raw material quality, increases management efficiency, saves energy, and strengthens the BMP brand according to the philosophy of "Lean First - Automation After" to optimize costs and aim for sustainable development.

OPERATIONAL EXCELLENCE

Applying IoT in Maintenance and Quality Control
BMP is progressively implementing IoT technology to continuously monitor equipment conditions and product quality during production. The integration of sensors for data collection enables early detection of irregularities, ensuring equipment reliability and product quality. This is a significant step in the company’s digital transformation strategy, contributing to the creation of an intelligent operating ecosystem aligned with sustainable development (ESG) goals.

OPERATIONAL EXCELLENCE

Continuous Improvement Culture
At BMP, the flagship improvement program (FI) is not just a periodic activity but also a practical training environment following the “Learning by Doing” philosophy. Every initiative from employees is recognized, encouraged, and replicated, forming a culture of continuous improvement that eliminates waste and increases value for customers. This culture is the foundation for operational excellence, affirming the central role of people in BMP’s sustainable development journey.

OPERATIONAL EXCELLENCE

Smart Check-in/Check-out System
BMP deploys a smart Check-in/Check-out control system to modernize operational processes and enhance customer experience. This solution significantly reduces waiting time and optimizes the goods delivery and receipt process. Customers can easily track the status of their goods in real time, allowing them to plan more effectively. The system clearly embodies the “Leading Quality” spirit in both products and services, while also reflecting BMP’s commitment to digitalization and lean, modern operations.