Cart
News
Releases
A Low-Profile Vietnamese Building Materials Giant with More Than 2,000 Employees Exporting to 35 Countries
Over the past decade, amid the high-profile names in the real estate, construction, and finishing materials markets, there has been one company that has remained relatively low-profile. Not many mainstream consumers are familiar with the name AMY GRUPO, but within the building materials supply chain - from contractors and developers to architects - it has increasingly become a highly influential brand.
And now, that “silent giant” is preparing to step into the spotlight.
On the morning of May 5, as part of its 10th anniversary celebration, AMY GRUPO officially announced its IPO plan, a move considered the company’s most significant transformation milestone since its establishment in 2015. If successful, this will not merely be the story of a building materials company going public, but potentially the notable emergence of a major player in Vietnam’s manufacturing industry.
Founded in 2015, AMY GRUPO operated its first factory in Vinh Phuc in 2016, launched its ceramic tile product line in 2017, and began exporting just one year later. After exactly 10 years, the company now owns four factories, employs more than 2,200 personnel, and has established a presence in over 35 countries, with approximately 85% of its revenue coming from professional customers, including contractors, real estate developers, building materials distribution systems, and architects.
This represents a rather distinctive revenue structure.
Unlike many material brands that focus on expanding retail channels to build recognition among end consumers, AMY GRUPO chose to penetrate deeply into the core layer of the supply chain - the segment that determines the largest cash flows within the construction industry. Although this market is less glamorous, it offers a major advantage: large order volumes, high stability, and stronger profit margins once a solid market position is established.
At the same time, AMY GRUPO pursued international expansion at a very early stage.
According to the company’s leadership, overseas expansion is not merely about increasing sales, but also a strategy to reduce dependence on a limited domestic market and avoid increasingly intense pricing pressure. This mindset is similar to that of major Asian industrial conglomerates: growth is achieved not only by selling more, but by geographic diversification to protect profit margins.
Currently, AMY GRUPO is entering the ranks of Vietnam’s large-scale building materials enterprises, no longer simply a fast-growing manufacturer.
During the 2021-2025 period, AMY GRUPO recorded average annual revenue growth of 38.2%, while profits increased by approximately 65% per year. Meanwhile, ROE remained around 28% - a profitability level considered exceptionally high compared to listed manufacturing companies in the market.
Related News
IPO AMY GRUPO - Key Information Every Investor Should Know
Against the backdrop of renewed investor interest in manufacturing companies with solid operational foundations and long-term growth strategies, AMY GRUPO's Initial Public Offering (IPO) has attracted considerable attention from the investment community. According to industry experts, beyond reviewing financial performance, investors should evaluate a company's overall growth strategy, capital allocation plan, and competitive strengths before making an investment decision.
So, what are the key factors investors should consider before participating in AMY GRUPO's IPO?
View Details
AMY GRUPO Hosts Investor Roadshow 2026: "Elevating Position – Spreading Success"
On July 13, 2026, AMY Industry Joint Stock Company (AMY GRUPO) hosted the AMY GRUPO Investor Roadshow 2026 under the theme "Elevating Position – Spreading Success" at Meliá Hanoi Hotel.
View Details
A Building Materials Conglomerate with Billion-Dollar Revenue Ambitions Is Ready for Its IPO
As Vietnam’s stock market continues to welcome large-scale manufacturing enterprises, AMY GRUPO is preparing to make a significant debut with its Initial Public Offering (IPO) and planned listing on the Ho Chi Minh Stock Exchange (HOSE) in 2026. This milestone marks the company's transformation from a fast-growing industrial manufacturer into a publicly listed corporation with ambitions to expand on a global scale.
View Details
AMY GRUPO Officially Receives IPO Approval – Laying the Foundation for Sustainable Growth and an Attractive Investment Opportunity in the Stock Market
After more than a decade of development, AMY GRUPO has reached a significant milestone by officially receiving the Certificate of Registration for the Initial Public Offering (IPO) from the State Securities Commission of Vietnam (SSC).
View Details
ASIA-US INDUSTRIAL JOINT STOCK COMPANY (AMY GRUPO) Announces the Initial Public Offering (IPO) of 16,100,000 Shares (Phase 1)
View Details
Strong Growth with Trillion-VND Profit Target: Another Vietnamese Enterprise Prepares for IPO
Having successfully navigated the market consolidation period in the export sector during early 2026, AMY GRUPO maintained its strong growth momentum in the first quarter. This performance demonstrates the effectiveness of the Group's strategy to diversify its markets, optimize operational efficiency, and advance toward complete control of its global supply chain.
View Details
Vietnam’s Building Materials Industry Enters a New Growth Cycle: Value Creation Becomes the New Competitive Advantage
After years of being affected by the slowdown of the real estate market, oversupply pressures, and rising input costs, Vietnam’s building materials industry is entering a new recovery cycle. However, as the competitive advantage derived from production capacity gradually narrows, market leadership is increasingly shifting toward companies capable of creating added value through technology, management excellence, and integrated product ecosystems.
View Details
AMY GRUPO: A Decade of Building Foundations for Greater Aspirations
Guided by its philosophy of “Differentiation Leads to Success,” AMY GRUPO is entering a new phase of comprehensive transformation and elevated standards after a decade of laying strong foundations for growth. In this exclusive interview, Mr. Dinh Quoc Tuan, Chief Executive Officer of AMY GRUPO, shares insights into the strategic priorities shaping the company's next stage of development, from talent development and technological innovation to ESG commitments and its upcoming IPO roadmap.
View Details
AMY GRUPO - A Strong Financial Foundation for a New Growth Journey
After 10 years of growth and development, AMY GRUPO is preparing for its planned IPO in 2026, backed by a strong financial foundation, robust revenue growth, industry-leading profitability metrics, and a well-defined long-term growth strategy.
View Details