Thanh Phat

What Thanh Phat does

Thanh Phat (legally Công ty TNHH Một Thành Viên Thương MạI Dịch Vụ Đầu Tư Thành Phát Á Châu, doing business as ITP Asia Co., LTD) is a privately held, one-member limited liability company registered in Ho Chi Minh City, Vietnam, that operates as an authorized value-added distributor of international industrial component brands. The company does not manufacture; its role is to source, stock, and resell genuine branded components from seven international manufacturers — SKF (bearings, seals, bearing housings, lubrication, maintenance tools), Norgren (solenoid valves, cylinders, filter-regulator units, pressure switches), Kracht (gear pumps, hydraulic pumps, flow meters), Jumo (pressure transmitters, temperature controllers), WAGO (fieldbus couplers, I/O modules), Moog (hydraulic valves, motion control), and Cognex (vision systems) — into the Vietnamese industrial market. Each product category is supported with CO/CQ documentation, manufacturer warranty, and technical consultation on part selection and cross-referencing.

Name

Thanh Phat

Legal name

CÔNG TY TNHH MỘT THÀNH VIÊN THƯƠNG MẠI DỊCH VỤ ĐẦU TƯ THÀNH PHÁT Á CHÂU

Website

https://thanh-phat.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Thanh Phat (ITP Asia Co., LTD) is a privately held Vietnamese authorized distributor of international industrial component brands — including SKF, Norgren, Kracht, Jumo, WAGO, Moog, and Cognex — selling bearings, pneumatics, hydraulics, sensors, and vision systems directly to industrial factories and manufacturing plants across Vietnam.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Product distribution and resale: Thanh Phat generates revenue through the resale of industrial components (bearings, pneumatic equipment, hydraulic pumps, connectors, sensors) sourced from authorized brand partners. Sales are conducted directly to industrial customers with pricing provided upon quote request. The company provides full CO/CQ documentation, warranty support, and nationwide delivery in Vietnam.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Thanh Phat (also known as ITP Asia Co., LTD / Thành Phát Á Châu) is an authorized industrial-equipment distributor in Vietnam that resells branded components — SKF bearings, seals, bearing housings, lubrication grease and maintenance tools; Norgren pneumatic valves, cylinders, filter-regulator units and pressure switches; Kracht gear/hydraulic pumps and flow meters; Jumo pressure and temperature measurement devices; WAGO fieldbus couplers and I/O modules; Moog hydraulic valves; and Cognex vision systems — to industrial factories and manufacturing plants, supplying CO/CQ documentation, manufacturer warranty and nationwide delivery with technical consultation on product selection.

Product overview

Thanh Phat (ITP Asia Co., LTD) is an authorized distributor of industrial equipment and automation components in Vietnam. The product portfolio is organized as a multi-brand distribution model covering complementary industrial product categories: SKF bearings, seals, bearing housings, lubrication products, and maintenance tools for mechanical power transmission; Norgren pneumatic equipment including solenoid valves, cylinders, filter-regulator units, and pressure switches for automation control; Kracht gear pumps, hydraulic pumps, and flow meters for fluid power systems; Jumo pressure transmitters and temperature measurement devices; WAGO fieldbus couplers and I/O modules for industrial connectivity. The company does not manufacture its own products but serves as a channel partner bringing these international brands to the Vietnamese industrial market.

Differentiator

Problem solved

Functional benefit

Products and services

• SKF Bearings (Vòng bi SKF)
• SKF Oil Seals (Phớt chặn dầu SKF)
• SKF Bearing Housings (Gối đỡ SKF)
• SKF Lubrication Grease (Mỡ bôi trơn SKF)
• SKF Maintenance Tools (Dụng cụ bảo trì SKF)
• Norgren Solenoid Valves (Van điện từ Norgren)
• Norgren Cylinders (Xy lanh Norgren)
• Norgren Filter-Regulator Units (Bộ lọc điều áp Norgren)
• Norgren Pressure Switches (Công tắc áp suất Norgren)
• Kracht Hydraulic Pumps & Valves (Bơm và van thủy lực Kracht)
• Jumo Measurement Devices (Thiết bị đo Jumo)
• WAGO Connection Equipment (Thiết bị đầu nối WAGO)
• Moog Hydraulic Valves & Motion Control
• Cognex Vision Systems

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• SKFcoreChannel Partner/ Reseller/ DistributorThanh Phat operates as an authorized distributor of SKF bearings, bearing housings, oil seals, and maintenance tools in Vietnam. The company holds official dealer certificates and markets itself explicitly as an 'Authorized SKF Agent in Vietnam.' Products are sourced with full CO/CQ documentation and manufacturer warranty.
• Norgren (IMI Precision Engineering)coreChannel Partner/ Reseller/ DistributorThanh Phat is an authorized distributor of Norgren pneumatic equipment including solenoid valves, cylinders, filter regulators, pressure switches, and accessories in Vietnam. The company holds Norgren dealer certificates (including 2026 certification) and provides technical consultation on product selection.
• KRACHTcoreChannel Partner/ Reseller/ DistributorThanh Phat is an authorized distributor of Kracht gear pumps, hydraulic pumps, flow meters (gear-type VC series), and hydraulic valves in Vietnam. The company holds a Kracht dealer certificate and markets itself as the 'KRACHT Vietnam Agent.'
• JumominorChannel Partner/ Reseller/ DistributorThanh Phat distributes Jumo temperature and pressure measurement products including Midas pressure transmitters, dTRANS pressure transmitters, and digital indicators in Vietnam.
• WAGOminorChannel Partner/ Reseller/ DistributorThanh Phat distributes WAGO industrial connection and fieldbus products including Fieldbus couplers (PROFINET IO, PROFIBUS DP), digital output modules, analog input modules, and DALI Multi-Master devices.
• MoogminorChannel Partner/ Reseller/ DistributorThanh Phat distributes Moog hydraulic valves and motion control products in Vietnam.
• CognexminorChannel Partner/ Reseller/ DistributorThanh Phat distributes Cognex vision and identification systems in Vietnam, as evidenced by the Cognex logo displayed on the company website.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Schneider Electric Vietnam: Schneider Electric has a direct industrial automation presence in Vietnam competing in factory automation, motor control, and connectivity — overlapping with Thanh Phat's WAGO and automation-adjacent categories at the larger enterprise end of the market.
• Bosch Rexroth Vietnam: Bosch Rexroth sells hydraulic and motion control products directly and via partners in Vietnam, overlapping with Thanh Phat's Kracht hydraulic pumps and Moog motion control offerings at the principal/incumbent level.
• NSK Vietnam: NSK is a major global bearing manufacturer with Vietnam distribution, directly competing with Thanh Phat's SKF bearings portfolio at the principal-brand level rather than the distributor level.
• Parker Hannifin Vietnam: Parker is a major motion and control technologies manufacturer with Vietnam presence, competing across pneumatics, hydraulics, and filtration categories that overlap with Thanh Phat's Norgren and Kracht portfolios.
• NTN Vietnam: NTN-SNR is a global bearing manufacturer with authorized distribution in Vietnam, directly competing with Thanh Phat's SKF bearing line as another principal brand option for the same factory customers.
• SMC Vietnam: SMC is the largest global pneumatic components manufacturer with established direct sales in Vietnam. It competes head-to-head with Thanh Phat's Norgren pneumatic offering for the same factory automation buyers, but at significantly larger scale.
• Misumi Vietnam: Misumi operates a catalog-based industrial components platform with Vietnam fulfillment, competing for the same factory procurement budgets as Thanh Phat across mechanical and automation categories but with a self-service digital model.
• Festo Vietnam: Festo operates a direct presence in Vietnam selling pneumatic and automation components globally. It overlaps directly with Thanh Phat's Norgren pneumatic portfolio but as a principal manufacturer with broader scale and direct customer reach.

Direct peers

• Song Toan Industrial Equipment: Song Toan is a Vietnamese industrial bearings and equipment distributor with a comparable authorized-distributor business model serving the same factory customer base. It is the closest direct peer in terms of value-added distribution of branded mechanical components in Vietnam.
• ACT Group Vietnam: ACT Group is a Vietnamese industrial automation and components distributor serving factories with pneumatic, sensor, and motion control products. It overlaps directly with Thanh Phat's Norgren, Jumo, and WAGO automation categories in the same Vietnam market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/thanh-phat

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Thanh Phat