Havitech Production JSC - Vfloor Vietnam

What Havitech Production JSC - Vfloor Vietnam does

Havitech Production Joint Stock Company, operating commercially as VFLOOR Vietnam, is a Hanoi-based manufacturer of SPC (Stone Plastic Composite) rigid-core flooring established in 2018. The company operates a 10,000 m2 factory in Cam Thuong Industrial Cluster, Ba Vi District, with current annual production capacity exceeding 1.5 million m2 and a stated maximum capacity of 5 million m2/year, using German and Swedish manufacturing technology. Its product portfolio spans seven tiers from budget 5.5mm boards to premium 9.5mm EIR-finished planks, plus a complementary accessories line (T-molding, trims, reducers, wallbase), and is positioned for both domestic Vietnamese projects (residential, hospitality, commercial) and international export markets.

Revenue is generated through one-time sales of SPC flooring products and accessories via a three-channel go-to-market model: a nationwide distributor and agent network across Northern, Central, and Southern Vietnam; direct sales from the Hanoi headquarters office; and export-distribution partnerships covering North America (60% of exports), Europe (20%), Asia-Australia (15%), and other regions including South America (5%). Pricing is quote-based and not publicly disclosed. The company holds ISO 9001:2015, ISO 14001:2015, FloorScore, CE, and SGS certifications, and has earned regional recognition including the Top 10 Vietnamese Golden Brand 2021 and the Hanoi 5-star Green Energy Facility 2023 designation. Management is led by Chairman-CEO Dao Quang Huynh and Deputy CEO Le Thi Kim Oanh.

Name

Havitech Production JSC - Vfloor Vietnam

Legal name

Công ty Cổ phần Sản xuất Havitech

Website

https://vfloor.vn

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Havitech Production JSC, operating as VFLOOR Vietnam, is a Hanoi-based manufacturer of SPC (Stone Plastic Composite) rigid-core flooring founded in 2018, serving Vietnamese residential, hospitality, and commercial buyers alongside export distributors across 20+ countries in North America, Europe, Asia-Pacific, and South America.

Ownership category

akta.pro rank

Product category

Flooring Manufacturing

NAICS

Carpet and Rug Mills (314110)

SIC

Carpets & Rugs (2273)

akta.pro primary industry

Resilient Floor Coverings Manufacturing (Vinyl/LVT/Linoleum/Rubber/Cork) (IMAOAJAH)

akta.pro secondary industries

Flooring Installation Materials & Accessories (Adhesives, Grouts, Trims, Transitions) (IMADAJAL), Floor Covering Backing & Primary Substrate Manufacturing (IMAOAJAK)

Keywords

• SPC flooring manufacturing
• Stone plastic composite flooring
• Waterproof vinyl flooring
• Rigid core flooring products
• Building materials export

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. SPC Flooring Products: Sale of SPC stone plastic composite flooring products under VFLOOR brand, including multiple product lines (Special 9.5mm, Luxury 7.5mm, Herringbone 6.5mm, Stone 6.5mm, Luxury 6.0mm, Standard 6.0mm, Lucky 5.5mm)
2. Accessories: Sale of flooring accessories including T-molding, trims, nosings, reducers, and wallbase for installation finishing
3. Export Sales: International export of SPC flooring to North American, European, Asian, and Australian markets through project codes for contractors and export partners

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Havitech Production JSC manufactures and sells SPC (Stone Plastic Composite) flooring products under the VFLOOR brand, serving residential, hospitality, and commercial construction segments across Vietnam and 20+ export markets. The portfolio includes seven product tiers ranging from 5.5mm to 9.5mm thickness, complemented by installation accessories (T-molding, trims, reducers, wallbase), with all products offering 100% waterproofing, 25+ year durability, and click-lock installation.

Product overview

Vfloor Vietnam (Havitech Production JSC) offers a comprehensive SPC (Stone Plastic Composite) flooring product line with seven distinct product tiers: Special 9.5 (premium 9.5mm thick with EIR surface and German technology), Luxury 7.5 (7.5mm with Swedish technology), Herringbone 6.5 (herringbone pattern), Stone 6.5 (stone texture), Luxury 6.0, Standard 6.0 (entry-level 6mm), and Lucky/Standard 5.5 (budget 5.5mm option). All products feature a 5-layer SPC structure combining calcium carbonate stone powder with virgin PVC, offering 100% waterproofing, scratch resistance, and click-lock installation. The portfolio also includes accessories (T-molding, trims, reducers, wallbase) for complete room finishing. The company serves both domestic Vietnam market and export markets across North America, Europe, and Asia-Pacific.

Differentiator

Problem solved

Functional benefit

Brands

• VFLOOR Special: Super premium SPC flooring line with 9.5mm thickness, EIR surface texture, featuring V-groove painted bevel technology from Germany.
• VFLOOR Luxury
• VFLOOR Herringbone
• VFLOOR Stone
• VFLOOR Standard
• VFLOOR Lucky

Products and services

• VFLOOR Special 9.5 Premium SPC flooring with L1524 x W228 x T9.5mm dimensions, featuring a 5-layer structure with 0.7mm scratch-resistant layer, 2mm IXPE integrated underlayment, EIR (Embossed in Register) surface texture, and V-groove painted bevel edges. Manufactured using German technology. Warranty: 30 years residential, 5 years commercial.
• VFLOOR Luxury 7.5 SPC flooring with L1220 x W150 x T7.5mm dimensions, 5-layer structure with 0.5mm scratch-resistant coating, integrated underlayment, and V-groove painted bevel technology from Germany. Manufactured using Swedish technology.
• VFLOOR Herringbone 6.5 Herringbone pattern SPC flooring with L660 x W126 x T6.5mm dimensions, 0.5mm scratch-resistant layer, and 1.5mm IXPE integrated underlayment. Features V-groove painted bevel technology for enhanced aesthetics.
• VFLOOR Stone 6.5 Stone-texture SPC flooring with L609.6 x W304.8 x T6.5mm dimensions, 0.3mm scratch-resistant layer, and 1.5mm EVA integrated underlayment. Features flat lock groove technology and Swedish manufacturing.
• VFLOOR Luxury 6.0 SPC flooring with L1220 x W150 x T6.0mm dimensions and 5-layer structure providing durability, waterproofing, and aesthetic wood-grain designs.
• VFLOOR Standard 6.0 Entry-level SPC flooring with L1220 x W180 x T6.0mm dimensions, featuring 5-layer structure with 0.3mm scratch-resistant coating and 1.5mm foam underlayment. Manufactured using German technology.
• VFLOOR Lucky 5.5 (Standard 5.5) Budget-friendly SPC flooring with L1220 x W150 x T5.5mm dimensions and 1mm EVA integrated underlayment. Features 5-layer structure with basic scratch resistance and waterproofing.
• VFLOOR Flooring Accessories Trims, nosings, reducers, T-molding, and wallbase products designed to finish rooms and complete SPC flooring installations.

Quantifiable outcome

• Durability exceeds 25 years with residential warranty up to 30 years for premium product lines
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Export Distributors - North AmericacoreChannel Partner/ Reseller/ Distributor · 1 January 202460% of export volume to North American markets (USA and Canada) through distribution partners. These partners handle project fulfillment and local distribution of VFLOOR SPC flooring products.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Mannington Mills: Mannington Mills is a US flooring manufacturer producing resilient, vinyl, hardwood, and carpet products. Overlaps with Vfloor in the resilient SPC/LVT category and in dealer-driven North American distribution.
• Tarkett: Tarkett is a French-headquartered global flooring manufacturer with broad resilient, vinyl, and LVT offerings. Comparable to Vfloor as a multinational producer of resilient flooring serving commercial and residential channels in overlapping export markets.
• Shaw Industries: Shaw Industries is a major US flooring manufacturer and parent of COREtec. Overlaps with Vfloor across resilient flooring, dealer networks, and commercial/hospitality channels in North America.
• Beaulieu International Group: Beaulieu International Group is a Belgian flooring manufacturer producing resilient vinyl, luxury vinyl tiles, and panels. Comparable to Vfloor in the rigid-core/resilient flooring category and in European distribution.
• Armstrong Flooring: Armstrong Flooring is a US incumbent flooring manufacturer with vinyl and resilient product lines. Comparable to Vfloor as a producer and seller of flooring across residential and commercial channels globally.
• Mohawk Industries: Mohawk Industries is the largest US flooring manufacturer with broad product coverage including resilient/LVT, carpet, ceramic, and laminate. A broad incumbent competing adjacent to Vfloor's SPC offering through COREtec and other resilient brands.

Direct peers

• CFL Flooring: CFL Flooring is a Vietnam-headquartered SPC rigid-core flooring manufacturer exporting globally with multi-tier product lines. Directly comparable to Vfloor by product substrate (SPC), Vietnamese manufacturing base, and export-led GTM to US and EU markets.
• Flooret: Flooret is a US-based DTC brand selling rigid-core/SPC flooring direct to consumers and trade. Direct competitor to Vfloor in the SPC category with overlapping US channel focus and premium residential positioning.
• COREtec (Shaw Industries / Mohawk): COREtec is the leading US SPC/rigid-core flooring brand, owned by Shaw Industries (Mohawk Group). It is a direct competitor in the same product category and overlaps with Vfloor on US distribution channels and DIY/pro retail.

Regional players

• An Cuong Wood: An Cuong is a large Vietnamese wood and engineered flooring manufacturer serving domestic and regional APAC markets. Comparable to Vfloor as a Vietnamese-based flooring producer with export-oriented operations, though its primary substrate is engineered wood rather than SPC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/havitech-vfloor-vietnam-spc

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Havitech Production JSC - Vfloor Vietnam