2025 SMM International Tin Industry Field Trip (Vietnam, Singapore, Indonesia Chapter) - Third Stop: VQB Group

With the deepening implementation of the "dual carbon" policy and the ongoing adjustment of the global tin resource supply landscape, price fluctuations of tin raw materials have intensified. An increasing number of tin processing enterprises are prioritizing the expansion of overseas raw material channels and optimizing supply chain layouts as their core strategic objectives.

Southeast Asia plays a pivotal role in the global tin market. Vietnam, driven by the rise of its processing and manufacturing sectors, has seen continuously growing demand for tin ingots, yet faces challenges of raw material supply deficits. Indonesia, as a major global refined tin supplier, experienced a sharp production decline in 2024 due to tightened regulations, raising significant market concerns over its supply stability. Although Singapore does not produce tin, it has emerged as a regional tin trade hub leveraging its financial and logistics advantages. The tin industry chain ecosystem formed by these three countries has become a key direction for global tin industry players to explore resource allocation.

To assist domestic and overseas tin processing enterprises in tapping overseas raw material resources and strengthening exchanges and cooperation with Southeast Asian tin industry chain companies, SMM Information & Technology Co., Ltd. (SMM) organized the 2025 SMM International Tin Industry Field Trip from July 13 to 19. The delegation headed to Vietnam, Singapore, and Indonesia for on-site visits, touring local tin mines, smelting facilities, and traders to gain insights into regional consumer market dynamics and regulatory environments.

On July 14, members of the 2025 SMM International Tin Industry Field Trip (Vietnam-Singapore-Indonesia Chapter) arrived at their third destination—VQB Group.

Tour and Exchange

At the third stop of the 2025 SMM International Tin Industry Field Trip (Vietnam-Singapore-Indonesia Chapter)—VQB Group, delegation members received a warm welcome from VQB Group's leadership. Guided by VQB executives, they toured the factory to understand the company's current operations in mining and smelting, followed by constructive discussions.

The SMM International Tin Industry Field Trip delegation gathered with VQB Group's leadership for in-depth discussions on key topics including the current state of the tin industry, emerging opportunities and challenges, and future development trends. During the exchange, VQB Group shared its 20 years of development experience and achievements, expressing hopes to deepen collaboration in green production, sustainable operations, and high-grade product processing to jointly build a modern industrial ecosystem.

The productive exchange laid a solid foundation for future cooperation. After the meeting, delegation members and VQB Group executives took a group photo. SMM also expressed sincere gratitude to VQB Group for its meticulous preparation and hospitality, looking forward to further exchanges and mutually beneficial cooperation in various forms.

VQB Group Profile

Corporate History

Founded in 2005 by an experienced industry leadership team, VQB Group specializes in mineral exploration, processing, and trading. Through continuous effort and innovation, the company has established a strong and trusted brand in domestic and overseas markets. Annually, it exports 1,100-1,500 mt of metals to key markets including Japan, South Korea, the Philippines, Singapore, and the EU, while expanding its global footprint.

Company Establishment: October 2005: Officially incorporated in Hanoi.

Global Expansion: January 2013: Partnered with foreign firms to develop polymetallic resources in Laos.

Industrial Upgrade: May 2016: Collaborated with South Korean partners to produce tin solder in Ho Chi Minh City.

Market Integration: November 2021: Established VQBCommodity, becoming a member of MXV and ICDX.

Manufacturing Breakthrough: November 2023: Launched tin-lead solder production line at Hung Yen factory.

Business Activities

Production and Processing: VQB's factory in Hung Yen Province utilizes electrolytic processes to produce tin with a purity of up to 99.99%, boasting an annual production capacity of 1,000 tons. Meanwhile, the company produces 500 tons of high-quality tin-lead solder annually, employing strict electrolytic processes to ensure products meet the highest standards.

Professional Trade: VQB has extensive experience in import and export trade, and continuously expands its markets while seeking global partners. Its main products include: tin metal (ingots/bars) – with a purity of no less than 99.95%; tin products (bars, balls, hemispheres); and antimony metal – with a purity of no less than 99.65%.

Commodity Derivatives: VQB Commodity provides advisory and brokerage services, utilizing derivatives for metals, agriculture, energy, and industrial products to support investment, hedging, and price risk management.

Company Products—Metals

►Tin Ingot: High purity with excellent oxidation resistance, serving as reliable material for soldering, metal coating, and alloy production. Widely used in electronics, packaging, and industrial manufacturing, it enhances product durability and performance.

►Tin Ribbon: Manufactured from premium imported materials via electrolysis and rolling processes. Primarily applied as anti-oxidation coating for solder packaging in electronics and as reinforcement in industrial alloys.

►Antimony: A silvery-white, hard metalloid (Sb) with weak conductivity. Mainly used to harden lead in batteries and alloys, with growing semiconductor applications including diodes, infrared detectors, and Hall-effect devices.

►Tin-Lead Solder: The company's high-grade tin solder is ideal for electronics, LED lighting, solar panels, pipe installation, and industrial manufacturing. With melting points between 200°C-250°C, it ensures smooth soldering while forming strong, conductive, and durable joints. Suitable for PCB assembly, circuit repair, copper pipe & tube sealing, and metal connections in automotive, aerospace, and industrial sectors, it delivers smooth, bright, and cost-effective bonds with long-term reliability.

►Tin ball & tin half ball

Tin Balls: Ensure high-precision soldering for BGA, CSP, QFN, and QFP applications, providing excellent conductivity in PCB manufacturing and microchip repair. Critical for soldering quality and connection stability.

Tin half ball: Enhance adhesion in SMD and BGA soldering while reducing defects like voids and bridging. Essential for achieving precision, durability, and efficiency in modern electronics.

►Lead-Free Solder: Partnering with leading South Korean manufacturers, the company produces lead-free tin solder widely used in PCB, BGA, and SMD soldering, ensuring safety and durability. Additionally, the product finds applications in automotive, medical, and aerospace
It is crucial in industries such as ..., meeting global reliability and environmental protection standards.

Company's Product - Commodity Trading

VQB Commodity offers a transparent and efficient trading environment, reducing risks and helping enterprises hedge against price fluctuations to achieve sustainable growth.

Price Hedging - VQB Commodity is at the forefront of the industry in the field of price risk management, utilizing derivative trading to help enterprises hedge against price fluctuations in production and trade. With nearly 20 years of experience in energy and metal trading, the company is well aware of the significant advantages brought by commodity derivative trading.

Trading - As a core member of the Vietnam Commodity Exchange (MXV), VQB Commodity provides investors with a transparent, efficient, and low-risk trading environment. The company's professional team ensures the smooth execution of derivative trading, offering the best solutions whether for investment or risk management.

Market Analysis - The company's expert team focuses on market data collection and in-depth analysis, providing tailored investment advice. By supporting investors with strategic insights, the company promotes the sustainable development of the Vietnam commodity trading market and facilitates its fair competition in the international market.

Vision and Mission

"Innovation - Professionalism - Efficiency - Sustainable Development" has been the core philosophy that VQB has adhered to for over two decades, driving the company to achieve its current success. In the future, VQB will continue to strive to improve product quality, consolidate its reputation in the Vietnamese market, and further expand into the international market.

Company Vision: To become a globally recognized leader in ore processing and trading, providing high-quality products with innovation, professionalism, and sustainable development as the core.

Company Mission: To provide top-tier ore processing and trading solutions. Establish long-term, stable partnerships based on trust and success. Adhere to the core values of "Innovation - Professionalism - Efficiency - Sustainable Development." Promote sustainable growth through responsible business practices.