AN CUONG WOOD JOINT STOCK COMPANY SIGNS A STRATEGIC COOPERATION WITH VICOSTONE

(Ho Chi Minh City) On October 20, 2022, An Cuong Wood Joint Stock Company (An Cuong) and Vicostone Joint Stock Company (Vicostone) signed a business cooperation agreement on market development in Vietnam. Attending the signing ceremony were Ms. Nguyen Thi Hao - Deputy General Director of An Cuong Wood; Mr. Pham Tri Dung – Vice President of Vicostone; and representatives of leaders of An Cuong and Vicostone departments.

According to the content of the signed agreement, the parties will explore business cooperation opportunities in activities on brand promotion and development, developing the Vietnamese market together towards the following common goals: accompanying in business activities. commercial project, developing and supporting the distribution system, increasing the awareness of two big brands in the Vietnamese market through display activities combining An Cuong Wood and Vicostone materials at the system. Showroom/ Franchise Showroom/ Agents nationwide; Optimizing and promoting business efficiency of the brand value chain from materials to interior finishing solutions on the basis of promoting the strengths and experiences of each party in building a close cooperation relationship , long-term with real estate development corporations, design consultants, general contractors, furniture businesses, accompanying and supporting consulting to provide full interior solutions for customers. row; Implement the communication campaign "Big brands accompany" for projects using two products Vicostone and An Cuong to meet the requirements of customers owning a modern and classy interior space.

The Memorandum of Understanding on Partnership demonstrates the trust between the two companies that not only brings great benefits to the value chain of interior material solutions in particular, but also to socio-economic development. association of Vietnam in general. The combination between An Cuong - a leading enterprise in Vietnam and Southeast Asia in materials, solutions and furniture made from industrial wood and Vicostone - a pioneer enterprise producing high-grade quartz stone considered a promising combination that can accelerate the modernization of interior space in Vietnam.

About An Cuong

After nearly 30 years of development, An Cuong has become a leading enterprise in Vietnam and Southeast Asia, holding more than 55% market share in industrial wood and furniture made from medium and high-end industrial wood. in the domestic market. At the same time, promoting the development of a diversified product and solution chain "One-Stop Shopping Center" from materials, solutions and furniture made from industrial wood, Mallloca brand kitchen equipment to bulk furniture with AConcept brand, along with smart interior accessory solutions brands Hettich & Imundex (Germany), Smarthome smart home solutions of Schneider Electric (France). This is also a competitive advantage that no other enterprise in Vietnam can do.

About Vicostone

VICOSTONE® belongs to Phenikaa Group - is the Top 3 luxury quartz brand globally with more than 20 years of experience. VICOSTONE® stone products are the leading surface cladding material for making artificial stone dining tables, kitchen tables, tea tables, bathrooms, interior decoration... in commercial buildings, private houses, meeting all the needs of furniture. functionality and aesthetics. Up to now, VICOSTONE® has developed a strong and extensive distribution network with more than 10,000 agents and professional partners in more than 50 countries around the world, including markets that are considered “difficult” such as: America, Canada, Europe ... confidently compete with long-standing international brands, becoming a favorite brand in these markets.

Mr. Pham Tri Dung shared about Vicostone's product lines

Vicostone showroom space