What Le Tran does

Lê Trần (Cong Ty Co Phan Dau Tu San Xuat Le Tran) is a Vietnamese manufacturer and distributor of metal frame systems for suspended ceilings and interior partition walls, founded in 1999 and headquartered in Ho Chi Minh City. The company manufactures proprietary branded product lines — ChannelTEK (fish-bone recessed ceiling), MacroTEK (congruent recessed ceiling, with an August 2022 threaded-rod variant), CeilTEK (exposed ceiling), and WallTEK (drywall partitions including fire-rated PRO variants) — alongside a parallel distribution-channel sub-brand portfolio (GypLINE, GypTEE, GypWALL) and complementary decorative panels (Starlight, Jasmine, Jasper, Cecoat, ARTTEK PVC). Its core technical differentiation is aluminum-zinc coated steel framing (55% Aluminum, 43.5% Zinc, 1.5% Silicone) yielding 7-8x longer corrosion protection than standard zinc coating, with all metal-frame products manufactured to ASTM (USA) standards. Gypsum and fiber cement boards are sourced and distributed under partnerships with USG Boral, Knauf, GM, and SHERA (Thailand); SHERA panels are distributed exclusively in Vietnam by Le Tran.

The company operates a LEED-certified manufacturing facility (Factory 2 at Hiep Phuoc Industrial Park, Nha Be District) — the first ceiling and drywall plant in Vietnam designed and built to USGBC green building standards, certified in January 2020. Revenue is generated through (1) direct enterprise field sales to construction developers and contractors on major projects (e.g., Conic Skyway Residence, Sunny Plaza) and (2) volume distribution through a network of 200+ authorized dealers nationwide, with dedicated sub-brands and promotional campaigns (Zalo OA, annual customer conferences, time-limited purchase-voucher programs) supporting the dealer channel. Pricing is quote-based and not publicly disclosed; customer concentration is structurally mitigated by the bifurcation between project-direct enterprise sales and the fragmented dealer long-tail. Lê Trần is a privately held joint stock company with no disclosed external funding rounds, no parent company, no subsidiaries, and operates exclusively within Vietnam.

Name

Le Tran

Legal name

Cong Ty Co Phan Dau Tu San Xuat Le Tran

Website

https://letran.vn

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Lê Trần is a Vietnamese manufacturer of metal frame systems for suspended ceilings and partition walls, founded in 1999. Operating a LEED-certified factory, it serves construction projects and 200+ dealers nationwide with aluminum-zinc coated framing and distributed gypsum and fiber cement boards.

Ownership category

akta.pro rank

Product category

Building Materials (Ceiling and Partition Wall Systems)

NAICS

Sheet Metal Work Manufacturing (332322), Drywall and Insulation Contractors (238310)

SIC

Fabricated Structural Metal Products (3440)

akta.pro primary industry

Drywall, Partitions & Suspended Ceilings (IMAFANAG)

akta.pro secondary industries

Drywall Finishing & Corner Beads/Trims (Metal/PVC) (IMADAEAE), Joint Compounds, Skim Coats & Wall Prep Materials (IMADAKAI)

Keywords

• Ceiling metal frames
• Partition drywall systems
• Gypsum boards
• Decorative ceiling panels
• Fiber cement panels

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Metal Frame Systems Sales: Primary revenue from manufacturing and selling metal frame systems for ceilings (exposed and concealed) and partition walls. Products include ChannelTEK, MacroTEK, CeilTEK, and WallTEK systems with associated accessories. Products comply with ASTM (USA) standards.
2. Decorative and Specialty Panels: Sales of decorative panels including Starlight, Jasmine, Jasper, Cecoat panels as well as gypsum panels and fiber cement panels. These complement the core frame systems and provide comprehensive ceiling/wall solutions.
3. Distribution Channel Products: Specialized product lines for distribution partners including GypLINE, GypTEE 38, GypTEE 33, GypTEE FUT, and GypWALL systems. Genesis panels are also distributed through this channel.
4. Fiber Cement Panels Distribution: Distribution of SHERA fiber cement panels (manufactured in Thailand by Shera Public Company Limited) as official distributor in Vietnam. Fiber cement panels are used in various interior and exterior construction applications.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Le Tran manufactures and supplies metal frame systems for suspended ceilings (exposed and concealed) and partition/drywall walls using aluminum-zinc coated steel, plus complementary decorative panels, gypsum and fiber cement boards, and construction accessories. Products serve construction companies, developers, contractors, and a national network of more than 200 authorized dealers across Vietnam, with the company also acting as the official in-Vietnam distributor of SHERA fiber cement panels from Thailand.

Product overview

Le Tran (Lê Trần) is a Vietnamese manufacturer and supplier of metal frame systems for ceilings and interior partitions, along with complementary board materials and construction accessories. The product portfolio operates across two channels: (1) the company's own branded systems — ChannelTEK (fish-bone recessed ceiling frames), MacroTEK (congruent recessed ceiling frames), CeilTEK (exposed/interior ceiling frames in standard, black, and technical variants), and WallTEK (partition/drywall frames including fire-rated variants) — and (2) a distribution-channel sub-brand including GypLINE, GypTEE, and GypWALL sold through a network of over 200 authorized dealers. Complementary product lines include decorative ceiling panels (Jasmine, Jasper, Cecoat, ARTTEK PVC, and Starlight), gypsum boards (standard, fire-resistant, and acoustic grades) sourced from KNAUF, USG BORAL, and GM, fiber cement boards including the distributed SHERA brand from Thailand, and construction accessories (turnbuckles, locks, brackets, trim profiles) designed for use with Le Tran ceiling and partition systems. All Le Tran metal frame products are manufactured using aluminum-zinc alloy-coated steel (55% Al, 43.5% Zn, 1.5% Si) and are designed to meet ASTM (USA) standards.

Differentiator

Problem solved

Functional benefit

Brands

• ChannelTEK: Khung trần chìm dạng xương cá (Suspended ceiling system - fishbone style)
• MacroTEK
• CeilTEK
• WallTEK
• GypLINE
• GypTEE
• GypWALL
• Starlight
• Jasmine
• Jasper
• Cecoat
• ArtTEK
• Genesis
• GypTEK

Products and services

• ChannelTEK Suspended Ceiling Frame System Metal frame system for concealed (recessed) suspended ceilings using a fish-bone structural design, manufactured from aluminum-zinc coated steel and designed to comply with ASTM (USA) standards. For construction companies, developers, and contractors installing concealed ceilings in residential, commercial, and industrial projects in Vietnam.
• MacroTEK Suspended Ceiling Frame System Metal frame system for concealed (recessed) suspended ceilings with a uniform congruent profile, manufactured from aluminum-zinc coated steel and ASTM (USA) compliant. Available with traditional turnbuckle/wire suspension or threaded rod connection assembly. For construction projects with technical specification requirements.
• CeilTEK Exposed Ceiling Frame System Premium exposed/interior ceiling T-bar frame system in Ultra, Pro, 3800, 3800 Black, and technical variants (FUT/ELT/EST/UDT), manufactured from aluminum-zinc coated steel to ASTM (USA) standards. For projects requiring visible grid ceilings such as offices and commercial interiors.
• WallTEK Partition Frame System Metal stud framing system for interior partition walls and drywall construction, available in standard and fire-rated variants (WallTEK PRO 76-78) achieving up to 150 minutes fire resistance. Manufactured from aluminum-zinc coated steel to ASTM (USA) standards. For partition wall construction in residential, commercial, and industrial projects.
• Le Tran Decorative Panels Decorative ceiling tile line including white-painted gypsum panels (Jasmine, Jasper, Cecoat), PVC-coated panels (ARTTEK PVC, in 3.2mm cement and 8mm gypsum base variants), and Starlight multicolor reflective patterned panels on gypsum/cement base with silver-paper thermal insulation backing (603×603 mm). Designed to be used with Le Tran exposed ceiling systems for unified warranty.
• Gypsum Boards (KNAUF, USG BORAL, GM) Distributed gypsum board line including standard boards, fire-resistant boards (using calcium sulfate dihydrate chemistry that releases water and reduces temperature during fires), and acoustic/sound-absorbing boards. Manufactured by KNAUF, USG BORAL, and GM and distributed by Le Tran in Vietnam as part of complete ceiling and wall solutions.
• SHERA Fiber Cement Panels Distributed fiber cement panel line manufactured by Shera Public Company Limited (Thailand) with sizes 1220 × 2440 × (3.5–20) mm. Used in interior and exterior construction applications requiring good mechanical properties, load-bearing capacity, and water resistance. Le Tran is the official in-Vietnam distributor.
• Construction Accessories for Ceiling and Partition Systems Construction accessories including ChannelTEK joint connectors, MacroTEK Ultra/S locks, T3.66 and C51 linkage locks, anti-rust premium turnbuckles, hanging brackets (codes 2366 and 2367), wall trim profiles (L-hole, Z-hole, V-hole exterior corner), and joint finishing compounds. Designed for compatibility with Le Tran ceiling and partition systems to meet modern construction project requirements.
• Ceiling Access Panels Ceiling access panels for maintenance access to the plenum space above concealed ceiling systems. Used in commercial and residential projects with concealed ceilings.
• Distribution-Channel Framing Lines (GypLINE, GypTEE, GypWALL) Dedicated framing product lines for authorized dealers: GypLINE (recessed ceiling), GypTEE 38 and 33 (38mm/33mm exposed ceiling T-bars), GypTEE FUT (technical variant), and GypWALL (partition system), plus Genesis 8mm gypsum panels. Sold exclusively through the authorized dealer network across Vietnam.

Quantifiable outcome

• Aluminum-zinc coating provides 7-8x longer corrosion protection compared to standard zinc coating
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered strategic, core and minor.

• MINI Construction ContractorstrategicImplementation/ SI/ Consulting Partner · 24 November 2019MINI was the general contractor responsible for constructing Le Tran Factory 2 at Hiep Phuoc Industrial Park. The factory was completed in over 8 months and handed over on November 24, 2019.
• Green Vietnam (Công ty Green Việt)strategicImplementation/ SI/ Consulting Partner · 21 March 2019Green Vietnam served as LEED consulting partner for Le Tran Factory 2, providing guidance to achieve LEED green building certification from USGBC.
• SHERA PUBLIC COMPANY LIMITED (Thailand)coreChannel Partner/ Reseller/ Distributor · 15 September 2018SHERA Public Company Limited is a Thai manufacturer of fiber cement building materials. Le Tran serves as official distributor of SHERA fiber cement panels in Vietnam. Joint customer conferences are held annually to promote products to distributors and contractors.
• USG BORALcoreTechnology or IntegrationUSG Boral is a leading manufacturer of gypsum building materials. Le Tran distributes USG Boral gypsum panels including standard, fire-resistant, and acoustic varieties. Products are used in Le Tran ceiling and partition wall systems.
• KNAUF (Germany)coreTechnology or IntegrationKnauf is a German manufacturer of building materials and gypsum products. Le Tran distributes Knauf gypsum panels in Vietnam as part of their comprehensive ceiling and wall solutions.
• Dieu Khac Trang Tri Lac Hong Construction Co., LtdminorImplementation/ SI/ Consulting PartnerLac Hong Construction Company was the contractor responsible for installing ceiling systems at Conic Skyway Residence project where Le Tran supplied ceiling and partition wall solutions.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Promat (Etex Group): Promat manufactures passive fire protection boards, calcium silicate panels, and high-performance ceiling solutions. Comparable to Le Tran's fire-resistant WallTEK and gypsum fire-rated products, with growing presence across Asia-Pacific markets.
• Hadley Group: Hadley Group is a UK-based manufacturer of cold-rolled steel profiles including drywall studs, ceiling grid systems, and partition framing. Direct product overlap with Le Tran's WallTEK, ChannelTEK, and CeilTEK metal framing systems, though with limited current presence in Vietnam.
• Rockfon (ROCKWOOL): Rockfon is a European manufacturer of stone wool acoustic ceiling panels and grid systems. Comparable product categories with Le Tran's exposed ceiling systems and mineral fiber boards, with growing presence in Southeast Asian commercial projects.

Direct peers

• National Gypsum Company: National Gypsum is one of the largest North American manufacturers of gypsum wallboard and related ceiling systems. Direct product category overlap with Le Tran's gypsum and drywall offerings through its KNAUF/USG Boral-supplied lines.
• Armstrong World Industries: Armstrong is a global leader in suspended ceiling systems and acoustic ceiling panels. Comparable product categories (exposed and concealed ceilings, mineral fiber panels) overlap directly with Le Tran's CeilTEK, MacroTEK, and ChannelTEK lines.
• Knauf: Knauf is a global leader in gypsum boards, plasters, and insulation. Le Tran distributes Knauf gypsum panels in Vietnam while also competing against Knauf's own integrated ceiling and drywall systems in the local market.
• USG Boral: USG Boral is one of the largest Asia-Pacific manufacturers of gypsum boards, ceiling systems, and drywall solutions. Le Tran distributes USG Boral gypsum panels and competes in overlapping ceiling and partition categories in Vietnam and Southeast Asia.
• Shera Public Company Limited: Shera is a Thai manufacturer of fiber cement boards and ceiling panels. Le Tran is Shera's official distributor in Vietnam, but Shera also sells fiber cement products that overlap with Le Tran's distributed SHERA range, making them both partner and indirect competitor.

Broad incumbents

• CertainTeed (Saint-Gobain): CertainTeed is a North American manufacturer of gypsum, ceilings, and insulation products within Saint-Gobain. Comparable product categories (drywall, ceiling panels, framing) overlap with Le Tran's offering, though CertainTeed primarily serves the Americas market.
• Saint-Gobain (Gypsum/ Ceilings): Saint-Gobain operates a broad building materials portfolio including Gyproc gypsum boards, CertainTeed drywall, and ceiling solutions across global markets. Overlaps with Le Tran in ceiling/drywall categories, but as a multi-product global incumbent rather than a Vietnam-specialized competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/letran.vn
• LinkedInlinkedin.com/company/le-tran-co-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Le Tran