- August 31, 1996: Vinh Plastic and Bags Joint Stock Company, formerly known as Plastic Bags Factory, was established under Economic Cooperation Company - District 4.
- In early 1997: The factory was officially put into operation.
- January 3, 2003: Officially operating as a joint stock company with initial charter capital of VND 14 billion.
- October 11, 2006: Increased charter capital to VND 15 billion.
- April 14, 2008: Increased charter capital to VND 18.9 billion.
- March 17, 2010: Shares of companies officially traded on HNX.
- January 19, 2011: Increased charter capital to VND 29.99 billion.
- In 2017: Increased charter capital to VND 74.99 billion.