TIE

TIE Joint Stock Company, formerly known as District 10 Electricity-Electronics Import-Export Trading and Production Company, was established in 1990. In 2004, the company officially converted its operating model to a joint stock company with an initial charter capital of 87 billion VND. The company is one of the 5 largest electronic distributors in Vietnam with the main product SyncMaster computer screen (90% of sales). The profit from Samsung Vina joint venture of the company is about 25 billion VND per year. The company is an official distributor of SAMSUNG, CASIO, GENIUS, PHILIPS... with many items such as computer monitors, electronic cash registers, music players, projectors and other computer equipment, of which the company accounts for 30% of the distribution of Samsung products, electronic companies with high volume of electronic goods in the market today. In terms of financial investment activities, the joint venture between TIE and Samsung Group (Korea), Samsung Vina Electronics Company, is very effective, bringing significant profits to TIE every year. On August 9, 2019, the TIE was officially traded on the UPCOM market.