Tap doan Hapaco
HAPACO Group is a publicly listed Vietnamese industrial conglomerate (HOSE: HAP) headquartered in Hai Phong, operating integrated paper and pulp manufacturing, the Green International Japanese-standard maternity hospital, textile exports, and large-scale real estate projects across Northern Vietnam.
- Company typePublic
- Founded1960
- HeadquartersHai Phong, Vietnam
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Tap doan Hapaco does
Tập đoàn HAPACO (HAPACO Group) is a publicly listed Vietnamese industrial conglomerate headquartered at Green Building, Lot 28A Le Hong Phong Street, Dong Khe Ward, Ngo Quyen District, Hai Phong, Vietnam, and traded on the Ho Chi Minh City Stock Exchange under ticker HAP. Founded in 1960 as a cardboard paper workshop and equitized in 1998, the company was one of the first three listings on Vietnam's securities market in August 2000 and today operates through 14 member units and 4 affiliates with a workforce of 1,135 employees (1 PhD, 60 engineers, 150 intermediate technicians, 924 skilled workers).
HAPACO's core business is integrated paper and pulp manufacturing, running kraft paper, tissue paper, and specialty paper facilities across Hai Phong, Yen Bai, Lao Cai, Hoa Binh, and Ha Giang provinces, with combined capacity including 22,000 tons/year of kraft paper at An Duong and 6,000 tons/year of pulp at Hoa Binh. The group has diversified into healthcare via Green International Hospital (a 250-bed Japanese-standard maternity and pediatric facility operated with Japan's Eucalia Capital Medica), real estate (notably the 646-hectare Nam Dinh Vu Industrial Zone and the 21-story Hapaco Commercial-Financial Center), textile exports, and securities investment.
Revenue is generated through a hardware-sales model for paper, pulp, and textile products sold via direct B2B channels both domestically and through wholly-owned export subsidiaries in Belarus and Taiwan (established 2009); a professional-services model through Green International Hospital; and transaction-fee and recurring streams from real estate and financial investments, respectively. The company is ISO 9001:2000 certified and operates under a sales-led GTM motion targeting both enterprise paper buyers and mid-market healthcare consumers in Northern Vietnam. Recent strategic activity through 2025-2026 (board changes, address updates, ongoing audit appointments, and BOD insider share purchases) indicates the conglomerate continues to actively manage its diversified portfolio despite negative operating income in the most recent reported years.
Tap doan Hapaco firmographics
Firmographics- Name
- Tap doan Hapaco
- Legal name
- Công ty Cổ phần Tập đoàn HAPACO
- Website
- https://hapaco.vn
- Company type
- Public
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HAPACO Group is a publicly listed Vietnamese industrial conglomerate (HOSE: HAP) headquartered in Hai Phong, operating integrated paper and pulp manufacturing, the Green International Japanese-standard maternity hospital, textile exports, and large-scale real estate projects across Northern Vietnam.
- Ownership category
- akta.pro rank
Tap doan Hapaco industry classification
Industry- Product category
- Paper and Pulp Manufacturing
- NAICS
- Paper Manufacturing (322), Sanitary Paper Product Manufacturing (322291)
- SIC
- Papers & Allied Products (2600), Wholesale-Paper & Paper Products (5110)
- akta.pro primary industry
- Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances) (IMAMAGAI)
- akta.pro secondary industry
- Consumer Tissue Paper (Facial, Toilet, Paper Towels, Napkins) (IMAMAGAA)
Keywords
Where Tap doan Hapaco is headquartered
LocationHeadquarters
- HQ city
- Hai Phong
- HQ country
- Vietnam
- HQ region
- Asia
Offices9 records
Markets served
Tap doan Hapaco business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Paper and Pulp Manufacturing: Core business producing paper, pulp, and tissue products for domestic and export markets. Production facilities include kraft paper, tissue paper, and specialty papers with capacity expansion through subsidiaries.
- Textile Export: Manufacturing and export of textile products
- Real Estate: Real estate business including commercial centers and residential projects
- Financial Investment: Securities trading and financial investments as one of Vietnam's pioneering listed companies
- Healthcare Services: International standard maternity and pediatric hospital operations through Green International Hospital
- Commercial Services: Trade and commercial service operations
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Tap doan Hapaco product offering
Product offeringCore offering
HAPACO Group is a Vietnamese diversified conglomerate whose core business is the manufacturing of paper and pulp products, including kraft paper, tissue paper, and specialty export papers produced at multiple mills across Vietnam. Beyond paper, it operates Green International Hospital (a Japanese-standard maternity and pediatric facility), textile exports, real estate/industrial zone development, and financial investments, with international subsidiaries in Belarus and Taiwan.
Product overview
Tap doan Hapaco (HAPACO Group) is a Vietnamese conglomerate operating under a parent-subsidiary model with 15 member units. The company operates across multiple business lines: paper and pulp manufacturing (including tissue, kraft paper, and export paper), healthcare services through Bệnh viện Quốc tế Green international hospital, real estate development including industrial zones and commercial centers, financial investment, and textile manufacturing. The group was established in 1960 and has grown from a paper manufacturing enterprise to a diversified conglomerate with operations spanning paper production, healthcare, industrial zone development, and commercial services.
Differentiator
Problem solved
Functional benefit
Brands
- Bệnh viện Quốc tế Green: International maternity and pediatric hospital operated by HAPACO Group, featuring 250 standard 4-star beds on 1.25 ha area, in partnership with Eucalia Capital Medica (Japan). Total investment of 447 billion VND.
Products and services
- Paper and Pulp Products Manufacturing and sale of kraft paper, tissue paper, and specialty papers for domestic and export markets. Produced at factories in Hai Phong, Yen Bai, Lao Cai, Hoa Binh, and Ha Giang.
- Green International Hospital (Benh vien Quoc te Green) International-standard maternity and pediatric hospital operated in partnership with Eucalia Capital Medica (Japan). Located at 738 Nguyen Van Linh Street, Hai Phong, with 206 beds in Phase 1. Provides healthcare services for mothers and children to Japanese-standard quality.
- Nam Dinh Vu Industrial Zone Industrial zone development project spanning 646 hectares in Hai An district, Hai Phong city, one of the key industrial infrastructure projects of Hai Phong city and northern Vietnam.
- Hapaco Commercial-Financial Center 21-story commercial and financial center project located at 135 Dien Bien Phu Street, Hong Bang district, Hai Phong, with investment capital of 12 million USD.
- Textile Export Products Manufacturing and export of textile products through international subsidiaries including Công ty TNHH Việt – Trung tại Đài Loan (Vietnam-China International Joint Company in Taiwan).
Quantifiable outcome
- Successfully restructured from near-bankruptcy in 1960 to become a major diversified conglomerate
Companies that use Tap doan Hapaco
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles2 records
Tap doan Hapaco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Tap doan Hapaco partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Eucalia Capital Medica (Japan)corePartnership with Eucalia Capital Medica from Japan for management and operation of Green International Hospital. Eucalia currently manages nearly 50 hospitals in Japan, bringing international standards to Vietnam's first Japanese-standard maternity and pediatric hospital.
- Central Maternity Hospital (Vietnam)minorCooperation with Central Maternity Hospital for training and providing medical professionals for Green International Hospital.
- National Children's Hospital (Vietnam)minorPartnership for training and professional exchange with National Children's Hospital.
- Vietnam-Japan Friendship Hospital 108 (Vietnam)minorCooperation with Vietnam-Japan Friendship Hospital 108 for medical training and expertise exchange.
- Hai Phong Obstetric Hospital (Vietnam)minorLocal partnership for healthcare professional training and exchange.
- Hai Phong Children's Hospital (Vietnam)minorPartnership for pediatric healthcare professional development.
- Hai Phong University of Medicine (Vietnam)minorAcademic partnership for healthcare workforce training.
- Hai Phong Medical College (Vietnam)minorTraining partnership for medical professionals.
Scale indicators8 records
Recent moves10 records
Expansion highlights5 records
Tap doan Hapaco competitors and assessment
Company assessmentBroad incumbents
- Mondi Group: European integrated pulp and paper group with kraft paper and packaging operations. Comparable vertical integration model and exposure to commodity paper cycles.
- Asia Pulp & Paper (APP Sinar Mas): Indonesia-based global pulp and paper conglomerate with tissue, packaging, and printing paper lines. Competes with HAPACO in regional export markets and in tissue products.
- UPM-Kymmene: Finnish forest products company with pulp, paper, and biomaterials operations. Comparable diversified forest-products exposure and pulp-to-paper integration.
- Stora Enso: Nordic integrated pulp and paper producer covering packaging, biomaterials, and wood products. Comparable vertically integrated model and kraft/paperboard exposure.
- International Paper: Largest global paper/packaging producer with industrial packaging and paper operations. Comparable in scale, vertical integration, and exposure to cyclical paper demand.
- Nine Dragons Paper Holdings: China's largest containerboard/paper manufacturer with massive scale in kraft and packaging paper. Competes with HAPACO indirectly through Vietnamese import flows and sets regional pricing benchmarks.
Direct peers
- Vinapaco: Vietnamese paper company producing tissue, writing, and packaging papers. Operates in the same domestic paper category and shares similar customer base and B2B/B2C distribution dynamics as HAPACO.
- Bai Bang Paper JSC: Vietnamese state-affiliated paper manufacturer producing kraft and packaging paper — directly comparable to HAPACO's core pulp and paper operations in the same domestic market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Tap doan Hapaco social profiles
Digital presenceTap doan Hapaco compliance and trust
Trust signalCompliance1 record
Tap doan Hapaco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tap doan Hapaco leadership team
Management profileNumber of profiles
Profiles2 records
Tap doan Hapaco subsidiaries and ownership
Company hierarchySubsidiaries14 records
Tap doan Hapaco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tap doan Hapaco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tap doan Hapaco
What does Tap doan Hapaco do?
HAPACO Group is a Vietnamese diversified conglomerate whose core business is the manufacturing of paper and pulp products, including kraft paper, tissue paper, and specialty export papers produced at multiple mills across Vietnam. Beyond paper, it operates Green International Hospital (a Japanese-standard maternity and pediatric facility), textile exports, real estate/industrial zone development, and financial investments, with international subsidiaries in Belarus and Taiwan.
Is Tap doan Hapaco a public or private company?
Tap doan Hapaco is a public company. It is classified as public and is currently operating.
When was Tap doan Hapaco founded?
Tap doan Hapaco was founded in 1960. It employs 11 to 50 people.
Where is Tap doan Hapaco based?
Tap doan Hapaco is headquartered in Hai Phong, Vietnam, in the Asia region.
How does Tap doan Hapaco make money?
Six revenue lines are on record. Paper and Pulp Manufacturing is the primary driver. The others are textile Export, real Estate, financial Investment, healthcare Services and commercial Services.
Who are Tap doan Hapaco's main competitors?
Broad incumbents on record are Mondi Group, Asia Pulp & Paper (APP Sinar Mas), UPM-Kymmene, Stora Enso, International Paper and Nine Dragons Paper Holdings. Direct peers are Vinapaco and Bai Bang Paper JSC.
Does Tap doan Hapaco have an API?
No public API is recorded for Tap doan Hapaco.
What industry is Tap doan Hapaco in?
Tap doan Hapaco's product category is Paper and Pulp Manufacturing. Its primary akta.pro industry code is IMAMAGAI, Hygiene Paper Raw Materials & Components (Pulp, SAP, Nonwovens, Elastics, Adhesives, Fragrances), with a secondary code of IMAMAGAA, Consumer Tissue Paper (Facial, Toilet, Paper Towels, Napkins). Its NAICS code is 322 and its SIC code is 2600.