MASTER ENTREPRENEUR CATEGORY
Dinh Duc Thang
Founder, Chairman & CEO
Information about Entrepreneur
Mr. Dinh Duc Thang is the Founder, Chairman cum CEO of Stavian Chemical., JSC. Under his leadership, Stavian Chemical has been constantly growing and presently is the biggest plastic resins distributor in Southeast Asia, and one of the major producers of eco-friendly biodegradable packaging in Vietnam.
Mr. Dinh graduated from the Mendeleev University of Chemical Technology of Russia, Moscow as a Chemical Technology Engineer, and he also holds an MBA degree from Shidler College of Business, University of Hawai’i, Mānoa, USA. Based on his background and scientific methodologies, he has the vision to run the company effectively and optimally. Since Stavian Chemical grew rapidly and international offices were constantly established, Mr. Dinh pays special attention to the management of people. Leading “a multi-national, multicultural system”, he highly regards efficiency, flexibility, and appropriateness of people within one organization. He considers human resources as the core foundation for business development.
Other Interesting Facts about Entrepreneur
Mr. Dinh served as Vice Chairman of the Hanoi Association of Small and Medium Enterprises and currently is the First Vice Chairman of the Vietnam Plastics Association (VPA). As a passionate scientist and entrepreneur, he has made significant contributions to enhancing the partnership between government authorities and the Hanoi-based entrepreneur community as well as the development of Vietnam’s plastic and petrochemical industry.
Mr. Dinh believes in the power of knowledge and is a lifetime reader and learner. One of his favorite gifts for Stavianers is books in different genres with thought-provoking topics, covering business-related challenges, self-development, and service-oriented mindset to management skills, and technology advancement to name a few.
Mr. Dinh Duc Thang is the Founder, Chairman cum CEO of Stavian Chemical., JSC. Under his leadership, Stavian Chemical has been constantly growing and presently is the biggest plastic resins distributor in Southeast Asia, and one of the major producers of eco-friendly biodegradable packaging in Vietnam.
Mr. Dinh graduated from the Mendeleev University of Chemical Technology of Russia, Moscow as a Chemical Technology Engineer, and he also holds an MBA degree from Shidler College of Business, University of Hawai’i, Mānoa, USA. Based on his background and scientific methodologies, he has the vision to run the company effectively and optimally. Since Stavian Chemical grew rapidly and international offices were constantly established, Mr. Dinh pays special attention to the management of people. Leading “a multi-national, multicultural system”, he highly regards efficiency, flexibility, and appropriateness of people within one organization. He considers human resources as the core foundation for business development.
Other Interesting Facts about Entrepreneur
Mr. Dinh served as Vice Chairman of the Hanoi Association of Small and Medium Enterprises and currently is the First Vice Chairman of the Vietnam Plastics Association (VPA). As a passionate scientist and entrepreneur, he has made significant contributions to enhancing the partnership between government authorities and the Hanoi-based entrepreneur community as well as the development of Vietnam’s plastic and petrochemical industry.
Mr. Dinh believes in the power of knowledge and is a lifetime reader and learner. One of his favorite gifts for Stavianers is books in different genres with thought-provoking topics, covering business-related challenges, self-development, and service-oriented mindset to management skills, and technology advancement to name a few.
Dream Big and Never Stop
Company Achievements & Role as Entrepreneur
Under the leadership of Mr. Dinh, in the period 2021 – 2022, Stavian Chemical has rapidly expanded offices and logistic centers, present in nearly 30 countries, resulting in the number of Stavian Chemical's customers reaching approximately 14,000 in more than 100 countries and territories. Its employee number has also witnessed a spectacular growth from 864 in 2020 to approximately 2,000 employees in 2022. With such capability, Stavian Chemical achieved a revenue of USD 1.2 billion in 2021, rising to 22nd place in the global chart of Top 100 Chemical Distributors and ranking No. 6 in the Asia Pacific region (according to the ICIS 2021 report).
Not only expanding its business network, but Stavian Chemical is also a pioneer in digital transformation. Entering Industry 4.0, Mr. Dinh allocates significantly the company budget to technical and digital improvement measures to improve work productivity and efficiency. Regarding the Vietnamese petrochemical industry, Stavian Chemical is one of the few enterprises partnering with domestic banks to apply blockchain technology in payment for customers and partners. The company also deploys the most cutting-edge technology solutions for its business. One to be named is the transition to Enterprise resource planning (ERP) software for organizational management.
In addition to the role of a businessman, as a leader, Mr. Dinh has also put great efforts to make Stavian Chemical become an attractive and professional workplace by building the corporate culture, creating an ideal working environment, and focusing on personnel training and development.
As a leading enterprise in the industry, Stavian Chemical seriously initiates and implements social responsibility and charity projects to create a better life for future generations.
Vision, Mission, & Future Plans
Mr. Dinh’s vision and mission for Stavian Chemical is to be one of the leading petrochemical and chemical companies in the region and the world, delivering innovative and sustainable solutions for customers and partners while maximizing values and prosperity for all stakeholders. Navigated by the 5 Core Values: Ownership, Integrity, Ingenuity, Devotion, and Internationality, Stavian Chemical satisfies its customers and partners with high-quality yet affordable products and services and comprehensive business solutions.
Adhering to its vision, Stavian Chemical will continue to develop and expand the global market in terms of volume, business network, and global branches, as well as diversify its product portfolio according to the needs of customers and partners. The company also aims to pursue mergers and acquisitions of factories producing plastic products for automotive, computering, telecommunication, eco-friendly products for construction and household, biodegradable packaging, recycling, etc. To further strengthen its competitive advantages in the chemical and petrochemical industry, Stavian Chemical will gradually extend the ecosystem business into the midstream sector. The company is currently investing in 2 petrochemical plants in Quang Yen (Quang Ninh) and Hai Phong, with a capacity of 600,000 tons and 200,000 tons per year respectively, and a total investment of USD 2.1 billion. The two plants are expected to be put into operation in the period 2025 – 2026, bringing Stavian Chemical closer to its vision.
Mr. Dinh’s advice for other younger entrepreneurs is “Dream Big and Never Stop. ”
Under the leadership of Mr. Dinh, in the period 2021 – 2022, Stavian Chemical has rapidly expanded offices and logistic centers, present in nearly 30 countries, resulting in the number of Stavian Chemical's customers reaching approximately 14,000 in more than 100 countries and territories. Its employee number has also witnessed a spectacular growth from 864 in 2020 to approximately 2,000 employees in 2022. With such capability, Stavian Chemical achieved a revenue of USD 1.2 billion in 2021, rising to 22nd place in the global chart of Top 100 Chemical Distributors and ranking No. 6 in the Asia Pacific region (according to the ICIS 2021 report).
Not only expanding its business network, but Stavian Chemical is also a pioneer in digital transformation. Entering Industry 4.0, Mr. Dinh allocates significantly the company budget to technical and digital improvement measures to improve work productivity and efficiency. Regarding the Vietnamese petrochemical industry, Stavian Chemical is one of the few enterprises partnering with domestic banks to apply blockchain technology in payment for customers and partners. The company also deploys the most cutting-edge technology solutions for its business. One to be named is the transition to Enterprise resource planning (ERP) software for organizational management.
In addition to the role of a businessman, as a leader, Mr. Dinh has also put great efforts to make Stavian Chemical become an attractive and professional workplace by building the corporate culture, creating an ideal working environment, and focusing on personnel training and development.
As a leading enterprise in the industry, Stavian Chemical seriously initiates and implements social responsibility and charity projects to create a better life for future generations.
Vision, Mission, & Future Plans
Mr. Dinh’s vision and mission for Stavian Chemical is to be one of the leading petrochemical and chemical companies in the region and the world, delivering innovative and sustainable solutions for customers and partners while maximizing values and prosperity for all stakeholders. Navigated by the 5 Core Values: Ownership, Integrity, Ingenuity, Devotion, and Internationality, Stavian Chemical satisfies its customers and partners with high-quality yet affordable products and services and comprehensive business solutions.
Adhering to its vision, Stavian Chemical will continue to develop and expand the global market in terms of volume, business network, and global branches, as well as diversify its product portfolio according to the needs of customers and partners. The company also aims to pursue mergers and acquisitions of factories producing plastic products for automotive, computering, telecommunication, eco-friendly products for construction and household, biodegradable packaging, recycling, etc. To further strengthen its competitive advantages in the chemical and petrochemical industry, Stavian Chemical will gradually extend the ecosystem business into the midstream sector. The company is currently investing in 2 petrochemical plants in Quang Yen (Quang Ninh) and Hai Phong, with a capacity of 600,000 tons and 200,000 tons per year respectively, and a total investment of USD 2.1 billion. The two plants are expected to be put into operation in the period 2025 – 2026, bringing Stavian Chemical closer to its vision.
Mr. Dinh’s advice for other younger entrepreneurs is “Dream Big and Never Stop. ”
MASTER ENTREPRENEUR CATEGORY
Dinh Duc Thang
Founder, Chairman & CEO
Information about Entrepreneur
Mr. Dinh Duc Thang is the Founder, Chairman cum CEO of Stavian Chemical., JSC. Under his leadership, Stavian Chemical has been constantly growing and presently is the biggest plastic resins distributor in Southeast Asia, and one of the major producers of eco-friendly biodegradable packaging in Vietnam.
Mr. Dinh graduated from the Mendeleev University of Chemical Technology of Russia, Moscow as a Chemical Technology Engineer, and he also holds an MBA degree from Shidler College of Business, University of Hawai’i, Mānoa, USA. Based on his background and scientific methodologies, he has the vision to run the company effectively and optimally. Since Stavian Chemical grew rapidly and international offices were constantly established, Mr. Dinh pays special attention to the management of people. Leading “a multi-national, multicultural system”, he highly regards efficiency, flexibility, and appropriateness of people within one organization. He considers human resources as the core foundation for business development.
Other Interesting Facts about Entrepreneur
Mr. Dinh served as Vice Chairman of the Hanoi Association of Small and Medium Enterprises and currently is the First Vice Chairman of the Vietnam Plastics Association (VPA). As a passionate scientist and entrepreneur, he has made significant contributions to enhancing the partnership between government authorities and the Hanoi-based entrepreneur community as well as the development of Vietnam’s plastic and petrochemical industry.
Mr. Dinh believes in the power of knowledge and is a lifetime reader and learner. One of his favorite gifts for Stavianers is books in different genres with thought-provoking topics, covering business-related challenges, self-development, and service-oriented mindset to management skills, and technology advancement to name a few.
Mr. Dinh Duc Thang is the Founder, Chairman cum CEO of Stavian Chemical., JSC. Under his leadership, Stavian Chemical has been constantly growing and presently is the biggest plastic resins distributor in Southeast Asia, and one of the major producers of eco-friendly biodegradable packaging in Vietnam.
Mr. Dinh graduated from the Mendeleev University of Chemical Technology of Russia, Moscow as a Chemical Technology Engineer, and he also holds an MBA degree from Shidler College of Business, University of Hawai’i, Mānoa, USA. Based on his background and scientific methodologies, he has the vision to run the company effectively and optimally. Since Stavian Chemical grew rapidly and international offices were constantly established, Mr. Dinh pays special attention to the management of people. Leading “a multi-national, multicultural system”, he highly regards efficiency, flexibility, and appropriateness of people within one organization. He considers human resources as the core foundation for business development.
Other Interesting Facts about Entrepreneur
Mr. Dinh served as Vice Chairman of the Hanoi Association of Small and Medium Enterprises and currently is the First Vice Chairman of the Vietnam Plastics Association (VPA). As a passionate scientist and entrepreneur, he has made significant contributions to enhancing the partnership between government authorities and the Hanoi-based entrepreneur community as well as the development of Vietnam’s plastic and petrochemical industry.
Mr. Dinh believes in the power of knowledge and is a lifetime reader and learner. One of his favorite gifts for Stavianers is books in different genres with thought-provoking topics, covering business-related challenges, self-development, and service-oriented mindset to management skills, and technology advancement to name a few.
Dream Big and Never Stop
Company Achievements & Role as Entrepreneur
Under the leadership of Mr. Dinh, in the period 2021 – 2022, Stavian Chemical has rapidly expanded offices and logistic centers, present in nearly 30 countries, resulting in the number of Stavian Chemical's customers reaching approximately 14,000 in more than 100 countries and territories. Its employee number has also witnessed a spectacular growth from 864 in 2020 to approximately 2,000 employees in 2022. With such capability, Stavian Chemical achieved a revenue of USD 1.2 billion in 2021, rising to 22nd place in the global chart of Top 100 Chemical Distributors and ranking No. 6 in the Asia Pacific region (according to the ICIS 2021 report).
Not only expanding its business network, but Stavian Chemical is also a pioneer in digital transformation. Entering Industry 4.0, Mr. Dinh allocates significantly the company budget to technical and digital improvement measures to improve work productivity and efficiency. Regarding the Vietnamese petrochemical industry, Stavian Chemical is one of the few enterprises partnering with domestic banks to apply blockchain technology in payment for customers and partners. The company also deploys the most cutting-edge technology solutions for its business. One to be named is the transition to Enterprise resource planning (ERP) software for organizational management.
In addition to the role of a businessman, as a leader, Mr. Dinh has also put great efforts to make Stavian Chemical become an attractive and professional workplace by building the corporate culture, creating an ideal working environment, and focusing on personnel training and development.
As a leading enterprise in the industry, Stavian Chemical seriously initiates and implements social responsibility and charity projects to create a better life for future generations.
Vision, Mission, & Future Plans
Mr. Dinh’s vision and mission for Stavian Chemical is to be one of the leading petrochemical and chemical companies in the region and the world, delivering innovative and sustainable solutions for customers and partners while maximizing values and prosperity for all stakeholders. Navigated by the 5 Core Values: Ownership, Integrity, Ingenuity, Devotion, and Internationality, Stavian Chemical satisfies its customers and partners with high-quality yet affordable products and services and comprehensive business solutions.
Adhering to its vision, Stavian Chemical will continue to develop and expand the global market in terms of volume, business network, and global branches, as well as diversify its product portfolio according to the needs of customers and partners. The company also aims to pursue mergers and acquisitions of factories producing plastic products for automotive, computering, telecommunication, eco-friendly products for construction and household, biodegradable packaging, recycling, etc. To further strengthen its competitive advantages in the chemical and petrochemical industry, Stavian Chemical will gradually extend the ecosystem business into the midstream sector. The company is currently investing in 2 petrochemical plants in Quang Yen (Quang Ninh) and Hai Phong, with a capacity of 600,000 tons and 200,000 tons per year respectively, and a total investment of USD 2.1 billion. The two plants are expected to be put into operation in the period 2025 – 2026, bringing Stavian Chemical closer to its vision.
Mr. Dinh’s advice for other younger entrepreneurs is “Dream Big and Never Stop. ”
Under the leadership of Mr. Dinh, in the period 2021 – 2022, Stavian Chemical has rapidly expanded offices and logistic centers, present in nearly 30 countries, resulting in the number of Stavian Chemical's customers reaching approximately 14,000 in more than 100 countries and territories. Its employee number has also witnessed a spectacular growth from 864 in 2020 to approximately 2,000 employees in 2022. With such capability, Stavian Chemical achieved a revenue of USD 1.2 billion in 2021, rising to 22nd place in the global chart of Top 100 Chemical Distributors and ranking No. 6 in the Asia Pacific region (according to the ICIS 2021 report).
Not only expanding its business network, but Stavian Chemical is also a pioneer in digital transformation. Entering Industry 4.0, Mr. Dinh allocates significantly the company budget to technical and digital improvement measures to improve work productivity and efficiency. Regarding the Vietnamese petrochemical industry, Stavian Chemical is one of the few enterprises partnering with domestic banks to apply blockchain technology in payment for customers and partners. The company also deploys the most cutting-edge technology solutions for its business. One to be named is the transition to Enterprise resource planning (ERP) software for organizational management.
In addition to the role of a businessman, as a leader, Mr. Dinh has also put great efforts to make Stavian Chemical become an attractive and professional workplace by building the corporate culture, creating an ideal working environment, and focusing on personnel training and development.
As a leading enterprise in the industry, Stavian Chemical seriously initiates and implements social responsibility and charity projects to create a better life for future generations.
Vision, Mission, & Future Plans
Mr. Dinh’s vision and mission for Stavian Chemical is to be one of the leading petrochemical and chemical companies in the region and the world, delivering innovative and sustainable solutions for customers and partners while maximizing values and prosperity for all stakeholders. Navigated by the 5 Core Values: Ownership, Integrity, Ingenuity, Devotion, and Internationality, Stavian Chemical satisfies its customers and partners with high-quality yet affordable products and services and comprehensive business solutions.
Adhering to its vision, Stavian Chemical will continue to develop and expand the global market in terms of volume, business network, and global branches, as well as diversify its product portfolio according to the needs of customers and partners. The company also aims to pursue mergers and acquisitions of factories producing plastic products for automotive, computering, telecommunication, eco-friendly products for construction and household, biodegradable packaging, recycling, etc. To further strengthen its competitive advantages in the chemical and petrochemical industry, Stavian Chemical will gradually extend the ecosystem business into the midstream sector. The company is currently investing in 2 petrochemical plants in Quang Yen (Quang Ninh) and Hai Phong, with a capacity of 600,000 tons and 200,000 tons per year respectively, and a total investment of USD 2.1 billion. The two plants are expected to be put into operation in the period 2025 – 2026, bringing Stavian Chemical closer to its vision.
Mr. Dinh’s advice for other younger entrepreneurs is “Dream Big and Never Stop. ”