ExtendMax’s IOR/EOR Innovation Shines Globally at Stevie Awards 2025

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ExtendMax Vietnam Company Limited, a member of the NXT Global network, has achieved a historic feat at the 2025 International Business Awards (IBA) Stevie Awards. The company secured the prestigious Grand Stevie Award, along with five Gold Stevie Awards and five Silver Stevie Awards, earning its place among the Top 10 winning organizations globally, alongside major international brands.

Among its most notable wins were the IBA Stevie Awards for:

  • Grand Stevie Award (for IOR/EOR services)
  • Gold Stevie Award for B2B Services (for IOR/EOR services)
  • Gold Stevie Award for Innovation of the Year – B2B Services
  • Gold Stevie Award for Company of the Year – Legal Services

The company also received two Silver Stevie Awards in the categories of “B2B or Professional Services Company of the Year” and “Most Innovative Company of the Year.” Furthermore, Founder & CEO Mr.Tran Thanh Phuong (Alex) earned two Gold Stevie Awards (Best Entrepreneur in Legal & B2B Services) plus three Silver Stevie Awards for leadership excellence.

These prestigious accolades reflect the global impact of ExtendMax’s integrated IOR/EOR (Importer of Record / Exporter of Record) services – a specialized solution for international companies navigating Vietnam’s complex regulatory environment.

As a proud member of the NXT-Global network, ExtendMax demonstrates how innovative legal and compliance models developed in emerging markets like Vietnam can set new standards internationally.

ExtendMax Vietnam Company Limited

Transforming Market Access: The Power of IOR/EOR

ExtendMax’s award-winning IOR/EOR service model goes far beyond basic logistics or compliance support. It represents a strategic solution designed to eliminate legal, procedural, and operational barriers for global companies entering the Vietnamese market. Through a seamless blend of legal, technical, and import/export expertise, ExtendMax enables clients to:

  • Operate without a local legal entity, by acting as the official Importer or Exporter of Record.
  • Secure required licenses, including cryptographic import permits and cybersecurity product approvals.
  • Handle customs clearance, VAT, and tax declarations in strict compliance with Vietnamese law.
  • Manage testing and certification, including type approval under technical standards.
  • Coordinate last-mile delivery of goods to end clients, project sites, or government stakeholders.

This end-to-end service is particularly critical in sectors like IT infrastructure, telecommunications, power generation, and industrial automation—where delays or non-compliance can result in millions of dollars in losses.

Real-World Impact: Strategic Projects with Global Consequences

Case Study 1 – LEGO: Enabling the World’s Largest Smart Factory Project

LEGO’s $1.3 billion factory in Binh Duong, Vietnam, required the import of sophisticated IT and cryptographic devices. Without a local license to trade or import civil cryptography equipment, LEGO turned to ExtendMax.

ExtendMax acted as the legal IOR, ensuring:

  • Full legal compliance with Vietnam’s civil cryptography and cybersecurity laws
  • Efficient acquisition of necessary licenses and type approval certificates
  • Smooth customs clearance and last-mile delivery

Thanks to ExtendMax’s precise execution, LEGO was able to meet the construction and digital commissioning timelines of its most advanced factory globally.

Case Study 2 – Quảng Trạch 1 Thermal Power Plant: Keeping a National Energy Project On Track

For Mitsubishi and Hyundai Engineering’s $1.86 billion Quảng Trạch 1 thermal power plant, ExtendMax was entrusted with IOR responsibilities for importing high-value industrial control and monitoring systems.

  • All imports were subject to strict cybersecurity product regulations and required urgent processing.
  • ExtendMax managed the licensing, customs, and coordination with ministries to prevent project delays.

The firm’s ability to integrate legal advisory with logistics execution ensured that one of Vietnam’s critical national energy infrastructure projects remained on schedule.

ExtendMax is a professional IOR/EOR service provider with extensive experience in large-scale global projects.

Endorsements from Industry Leaders and Global Clients

Stevie Awards Judges’ Comments:

“ExtendMax is creating impact in the B2B services category. Their impressive client list demonstrates the value that they bring for their customers. The higher than industry average profit margins demonstrate that the innovation is generating commercial success of the business as well. Customer testimonials & consistent retention highlight that the company provides high-class services.”

Client Testimonial – FlashGlobal:

Mr. Bob Yin, Senior Manager, Quality Control APAC, FlashGlobal:

“We extend our sincerest gratitude to Quinn, Alex and the entire ExtendMax team for their partnership during our expansion into the Vietnamese market. As a US-based logistics provider, we relied heavily on their extensive local knowledge, particularly their expertise in IOR/EOR services. Their team’s specialized understanding of the telecommunications industry, and their professional support throughout the CCP license and Type Approval processes, proved to be a critical factor in our success. We look forward to future collaborations.”

These acknowledgments reflect ExtendMax’s unwavering focus on delivering trust, precision, and strategic value through its IOR/EOR offerings.

CEO Statement: Compliance Innovation from Vietnam to the World

Mr. Trần Thanh Phương, Founder & CEO of ExtendMax, shared:

“This recognition marks a turning point not just for ExtendMax, but for Vietnamese innovation in compliance services. Our IOR/EOR model empowers global companies to expand quickly and legally into one of Asia’s fastest-growing economies. We are proud to be a trusted partner and even prouder to see Vietnamese solutions celebrated on the world stage.”

Mr. Tran Thanh Phuong – Founder & CEO of ExtendMax

Looking Ahead: Extending the IOR/EOR Frontier

With Stevie Awards backing and recognition from both global clients and regulatory stakeholders, ExtendMax is now aiming to:

  • Broaden IOR/EOR to more sectors, including smart manufacturing, green energy tech, and AI-driven hardware.
  • Expand operations across APAC, leveraging NXT Global’s network to replicate the Vietnam success model.
  • Digitize compliance delivery, using cloud platforms to offer clients real-time visibility and transparency across every IOR/EOR step.

As the legal and trade environment continues to evolve, IOR/EOR is no longer a back-office function—it is a critical enabler of global expansion. ExtendMax is poised to lead that evolution from Southeast Asia.

About ExtendMax Vietnam Company Limited

Founded in 2015, ExtendMax is a compliance and legal consulting firm specializing in product conformity certification, civil cryptography licensing, and import-export advisory. As a member of NXT Global, ExtendMax serves a network of Fortune 500 clients, helping them unlock Vietnam’s high-growth potential through legal certainty and regulatory efficiency. Its integrated IOR/EOR service model is recognized for combining legal precision, operational excellence, and strategic foresight.

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