History

2024

Establishment of MT PSI and MT Shop

MT PSI focuses on interior and exterior painting, industrial floor coatings, and metal–plastic coatings, delivering professional and comprehensive construction solutions.

Meanwhile, MT Shop is positioned as a “supermarket for new home finishing materials,” offering a wide range of finishing products along with reliable services to fully meet construction and finishing needs.

The establishment of these two entities reflects MT Holdings’ strategic vision in expanding value, providing customers with comprehensive solutions from products to services.

2023

MT Holdings Ecosystem

Strategic vision and comprehensive capabilities of the ecosystem. With a closed-loop value chain, MT Holdings not only masters modern production and processing technology but also builds a wide commercial and distribution network, delivering high-quality, integrated, and optimized automotive paint solutions. This is the solid foundation that allows MT Holdings to maintain its leading position while promoting the sustainable development of Vietnam’s automotive paint industry.

2022

Establishment of MT Parts Company

The establishment of MT Parts aims to provide comprehensive solutions for the automotive paint industry, supplying high-quality accessories, parts, and materials to help garages and technicians optimize their work efficiency. This strategic move reinforces MT Holdings’ commitment to supporting and enhancing value for customers in the automotive repair and painting sector.

2018

Signing a strategic cooperation agreement with Hanoi University of Transport and Communications Technical College.

An important step by MT Holdings in developing a high-quality workforce for the automotive paint industry in Vietnam. This cooperation agreement not only provides a structured and modern training program for technicians but also supports the coaching of candidates participating in international skills competitions. It demonstrates MT Holdings’ long-term commitment to enhancing professional expertise, contributing to the development of a skilled generation of paint technicians ready to confidently integrate globally.

2015

Inauguration of Việt Đức – MHM Automotive Paint Factory

The factory is modernly equipped, applying advanced technology according to international standards to produce high-quality automotive paints that meet the increasingly stringent market demands. The inauguration not only affirms MHM’s production capability and long-term vision but also opens a new chapter, elevating the Vietnamese brand to the international stage in the automotive paint industry.

2015

Inauguration of the BASF Group Automotive Paint Technician Training Center in Ho Chi Minh City

The next step in the journey of international collaboration, providing opportunities to learn and access advanced paint technology in Vietnam. The center is equipped with modern facilities according to global standards, aimed at training and developing a professional automotive paint technician workforce, contributing to the improvement of automotive repair and maintenance services. This also serves as evidence of the long-term commitment of MT Holdings and BASF in supporting the development of the automotive paint industry in Vietnam.

2014

Becoming the exclusive paint supplier for Roll-Royce and BMW in Vietnam.

This milestone affirms MT Holdings’ reputation and outstanding capabilities in the high-end automotive paint market. Partnering with two of the world’s leading luxury car brands not only demonstrates the internationally standardized quality of products and services but also opens a new step in conquering the premium segment in Vietnam. This is an important mark, elevating MT Holdings’ position in the automotive paint industry.

2012

Opening of BASF Group’s 50th Paint Technician Training Center in Hanoi

This is a highly significant event, marking Vietnam as a strategic destination within BASF’s global training network. The center was established to enhance the skills of automotive paint technicians, update advanced technologies, and implement international standard procedures. It is not only an opportunity for Vietnam’s automotive paint industry to access global knowledge but also an important step in developing a high-quality workforce, helping the domestic paint market approach the standards of developed countries.

2008

Successful signing with BASF to become the exclusive paint distributor in Vietnam.

The year 2008 marked an important milestone in MT Holdings’ development journey. This event not only affirmed the company’s reputation, capabilities, and strategic vision but also opened opportunities to bring internationally quality automotive paint closer to the Vietnamese market. Through a partnership with BASF – a leading global chemical corporation – MT Holdings elevated its position, reinforced its pioneering role in the automotive paint industry, and established a solid foundation for long-term growth.

2003

The beginning of a dream to conquer the Vietnamese automotive paint market.

In 2003, MT Holdings laid the first bricks for the journey “The beginning of a dream to conquer the Vietnamese automotive paint market.” With a pioneering spirit and strong belief in the industry’s growth potential, MT Holdings continuously researched, built foundations, and established credibility through quality. From the early challenging days, this dream became the guiding principle, paving the way for sustainable development and shaping MT Holdings’ position in the automotive paint sector in Vietnam.

Sếp Mạnh

Mr.

NGUYỄN XUÂN MẠNH

Chairman of the Board of Directors

Inspirer

He is the founder of MT Holdings. With the aspiration to build a Vietnamese enterprise capable of reaching the global stage, Mr. Nguyễn Xuân Mạnh laid the first foundations for the journey of conquering the automotive paint market in 2003. This ambition is clearly reflected in MT Holdings’ vision and mission from its early days: “Providing high-quality automotive paint solutions, accompanying the development of Vietnam’s automotive industry, and contributing to elevating the value of Vietnamese brands on the international map.”

His ideas are always distinctive and bold. For many, they might even seem “dreamy” or “unrealistic,” but he is the one who directly “rolls up his sleeves” to turn those ideas into reality.

From introducing the international paint brand BASF to Vietnam, collaborating to train paint technicians to international standards, to initiating the production of Vietnamese-branded automotive paint – Max Effort – he has consistently demonstrated foresight ahead of his time. When the market was still hesitant, he envisioned building a closed ecosystem from research, production, distribution, to construction services and human resource training.

It is precisely this passion, daring spirit, and limitless energy that have built MT Holdings into a strong and sustainable enterprise, becoming a source of pride for Vietnam’s automotive paint industry today.