30 years of DaiDung Group: Continuing the journey from good to great
DaiDung Group celebrates 30 years of growth, innovation, and global expansion in steel structures and mechanical manufacturing.
From a small mechanical workshop, DaiDung has "grown" into a giant in the field of steel structures and global mechanical manufacturing. After 30 years, the company continues to write extraordinary stories as a leading Vietnamese brand.
A humble start – a grand vision
Founded in 1995 with just 20 workers, DaiDung Group began its journey in Binh Chanh district (Ho Chi Minh City) with the establishment of the DaiDung Mechanical Workshop. Two years later, in 1997, the company expanded by opening another mechanical workshop in Le Minh Xuan Industrial Park. This marked a key turning point, as DaiDung started collaborating with major partners, notably undertaking projects for Hazama Japan, including Mabuchi Motor, Nissei Electric, and various developments in Linh Trung Export Processing Zone, Tan Thuan, VSIP Binh Duong, and Bien Hoa 2 Industrial Park.
These early, steady steps not only allowed DaiDung Group to expand production but also helped establish strategic relationships with international partners. As a result, the company focused on enhancing its manufacturing capacity, adopting advanced technology, improving product quality, and developing a sustainable growth strategy. These factors have propelled DaiDung Group’s success, solidifying its position in the mechanical manufacturing and steel structure industries.
Long-term strategy and sustainable growth orientation
With a solid foundation built over three decades, DaiDung Group continues to pursue ambitious growth, setting clear strategic goals for the period 2025–2045. These objectives define the company's development roadmap while reinforcing its position in the international market.
Speaking at the event, Mr. Trinh Tien Dung, Chairman of the Board and CEO of DaiDung Group, reaffirmed the company's commitment to maintaining exceptional growth, targeting over 25 per cent annual growth from 2025 to 2030. Beyond this period, the company aims for sustained annual growth of over 15 per cent from 2030 to 2045. This ambitious vision aligns with its plan to surpass $1 billion in revenue before 2030, alongside refining its financial model to ensure a stable capital source for production and expansion.
As part of its ongoing strategy, DaiDung Group is focusing on enhancing service quality and strengthening its international presence. The company aims to broaden its reach in key markets such as the Middle East and Japan while expanding into promising regions including the Americas, Europe, Australia, and ASEAN. Adapting its business model to meet international demands and fostering strategic partnerships will be crucial to ensuring long-term, sustainable growth.
"Not only focusing on growth and service goals, DaiDung Group also lays out a comprehensive strategy for excellent governance. The company will continue to refine its governance system according to international standards while implementing a digital transformation program, automating production and management processes. One important goal is to list shares (IPO) in 2026, aiming to become a valuable investment asset on the stock market, thus enhancing brand value and expanding its investment network," said Mr. Trinh Tien Dung.
To support its ambitious growth strategy, DaiDung Group is prioritizing workforce development. The company is committed to training and nurturing top talent, including engineers, architects, skilled workers, and high-level technical experts, ensuring its workforce meets international standards. Additionally, DaiDung Group will continue investing in specialized training programs to attract and retain top talent, further securing its sustainable development.
As part of its broader vision, DaiDung Group is expanding its production capacity through significant investments in advanced technologies and automation. The company’s factories in Vung Tau and Nghi Son are expected to become operational in 2025, with a target of producing 500,000 tons of steel structures by 2030. Concurrently, DaiDung Group is developing a multi-industry ecosystem, integrating its expertise in mechanical manufacturing and steel structures with sectors such as EPC, real estate investment, energy, construction materials, trade, and logistics to create sustainable value.
Sustainability remains at the heart of DaiDung Group’s strategy. The company continues to innovate, applying clean, recycled, and circular materials to contribute to environmental protection while fostering a progressive community. This commitment strengthens social responsibility and reinforces DaiDung Group’s long-term vision of building a sustainable future for both the company and the wider community.
