APAC Insider- South East Asia Business Awards 2025| 5 challenges head-on and maintains a close eye on the market for emerging developments. The most significant rising trends of the past year have included the rising demand for faster order turnaround, the emergence of enhanced tooling designs, and increasingly complex technical specifications. With streamlined access to raw materials via SBPT, SBVN slashed delivery lead times and gained the competitive edge. The company doubled down on machinery and bespoke tooling innovation, while investing in its team – attracting seasoned talent and nurturing in-house expertise. This multipronged approach transformed challenge into opportunity for SBVN, positioning the company at the forefront of the global oilfield landscape and also ensuring it is ready to expand into new markets beyond O&G. Over the years, SBVN’s vision and foundation has remained solid due to its various success factors, comprising its valued employees; effective communications; ability to adapt to change; financial stability; quality; technology; high complex performance products; on-time delivery; and compliance, to name a few. 2024 was a recordbreaking year for the company, as SBVN elected to focus more on product quality as its customers’ expectations continue to climb. As SBVN charts its course for the future, the company’s vision extends beyond mere expansion to encompass sustainable growth, innovation, and enduring success. Its expansion roadmap outlines strategic initiatives aimed at diversifying offerings, penetrating new markets, and strengthening SBVN’s global presence. Through meticulous planning and thoughtful execution, SBVN aims to position itself as a leader in the oilfield equipment manufacturing industry, while remaining agile and responsive to the changing dynamics of the energy market. Following the success of 2024, SBVN entered into 2025 with a new drive. The company successfully completed its Phase 3 expansion at the end of April 2025, followed by a Grand Opening Ceremony held in June. This expansion significantly enhances SBVN’s production capabilities and allows the team to introduce additional product lines to its offerings. Despite ongoing economic challenges impacting many regions and industries, SBVN remains confident in its ability to demonstrate strong resilience and is well-positioned to seize new opportunities when the market rebounds. Central to SBVN’s future direction is the implementation of a robust succession plan, one that ensures continuity and leadership excellence for generations to come. SBVN recognises the importance of nurturing talent, cultivating leadership skills, and empowering individuals to realise their true potential. By identifying and developing the future leaders from within its ranks, SBVN is sure to lay the foundation for a seamless transition and sustained organisational success. “As we embark on this journey, we remain guided by our core values, our integrity, and our commitment to excellence,” Paul shared. “Our future direction is not merely about expansion or succession, but about building a strong legacy of innovation, resilience, and enduring impact. With a clear vision, strong leadership, and a dedicated team, we are poised to embrace the opportunities and challenges that lie ahead, driving our company towards a future of continued growth and prosperity.” Contact: Paul William Mclaughlan Company: Schoeller-Bleckmann Vietnam Co. Ltd. Web Address: www.sbo.at
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