In light of the recent Yagi storm and subsequent flooding, Techvina is committed to supporting the recovery efforts in the affected regions. We are pleased to announce a donation of 50 million dong to Yen Bai and Lao Cai Province. These regions have been our trusted partners for years, supplying Cassia oil for our natural aroma chemicals production.
We deeply appreciate our clients' concern for Techvina during this challenging time. We want to assure you that our factory in Hung Yen remains unaffected, and all our operations are running smoothly. We forecast that the full impact of the storm and floods on the Cassia oil supply chain will become clear in the coming weeks. We will continue to monitor the situation closely and keep you updated on any developments.
Our new factory, spanning 12,000m², will be capable of handling 4,000 tons of natural ingredients annually. Set to be completed in Q1 2025 and fully operational in six months, this facility promises to significantly boost the export of processed products from the Cassia plant and other diverse flora from Vietnam. Techvina takes pride in its contribution to Vietnam's export sector.
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Booth 20 will be buzzing with activity as we welcome industry professionals from across Asia-Pacific and the globe. This premier event brings together the brightest minds in aroma, fragrance, and essential oils.
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Tan Yen, Bac Giang, Vietnam – May 11, 2024 – Techvina Joint Stock Company is delighted to announce its participation in the solidarity house handover ceremony for 3 poor households in Tan Yen district, Bac Giang province, with each household receiving VND 50 million.
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Binh Dan, Tan Dan, Khoai Chau, Hung Yen 160000, Vietnam