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The Vietnam Strong Brand Program, organized annually by Vietnam Economic Magazine, has entered its 19th year to find, recognize and honor companies that have performed well in manufacturing, business and sport and their responsibilities to society fulfill.
Dr. Chu Van Lam, Editor-in-Chief of Vietnam Economic Review, stressed that amid the volatile and difficult macro context, tens of thousands of Vietnamese companies have been flexible and creative to find many solutions over the past three years. overcome the most difficult curves.
TOP 10 IMPACT OF GROWTH IN 2022
With the spirit of bold – dare to experiment, Viet Capital Bank pioneered the introduction of new transaction features to serve customers such as:
An effective digital transformation strategy has helped Ban Viet achieve impressive growth in terms of customer count, revenue and profit. In the first 6 months of 2022, Ban Viet’s profit reached VND355 billion, surpassing 22% of the plan set in the first half of 2022.
Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank), which was also recognized among the Top 10 Excellent Brands in 2002, has made a name for itself in the last 2 years with the campaign motto “The Power of Focus” Acceleration, with a focus on digital transformation , scaling and market share development. In 2021, VietBank will officially join the group of banks with total assets over VND 100,000 billion.
On a more modest scale but with tireless efforts, especially after a particularly difficult period due to Covid 1-9, Giza Vietnam is still standing and developing stably. This company is now known as a reputable industrial group providing FDI investors with quality products and services including: Industrial factory design and construction…
Currently, Gizeh Vietnam is strongly developing the industrial real estate segment.
Giza Vietnam’s goal is to invest in R&D to produce end products of smart home appliances, automotive components, aviation, etc. for export to major markets around the world.
Another manufacturing company that has also successfully faced the challenges of the epidemic and gradually achieved the goal of dominating the domestic market and expanding the export market is Khanh Hoa Salanganes Nest Company. This company has developed more than 40 premium product lines and is well received by the market. In the first 6 months of 2022, this business generated revenue of more than 1,100 billion (an increase of more than 10% compared to the same period last year).
After the selection process, the advice of the Advisory Board consisting of economic experts from associations and rating agencies and a collection of readers’ votes, the organizing committee decided to award the title of Top 10 Excellent Brands in 2022 to 10 companies, namely Viet Capital Commercial Joint Stock Bank (Viet Capital Bank), Vietnam Thuong Tin Commercial Joint Stock Company (Vietbank), Nam A Commercial Joint Stock Bank (Nam A Bank), DNSE Securities Company, Bao Long Insurance, Novaland , Nam Long Group, Phat Dat Real Estate Company, Giza Vietnam, Khanh Hoa Salaganes Nest Company.
TOP 10 GREEN BRAND 2022
Many Vietnamese companies not only maintain an impressive growth rate, but also accelerate the transformation to a green and sustainable growth model in 2022 to help preserve and protect the environment. Through the process of “viewing”, evaluating and recognizing reality, the organizing committee honored 10 companies with the most positive solutions and opportunities to participate in the process of greening the country’s economy.
Over the years, TH Group has made a strong impression on the business community and millions of Vietnamese customers because it has always been a pioneer in developing green and sustainable Vietnamese agriculture. TH is also the first farm to convert pastures and cows to organic farming to produce organic fresh milk according to European standards.
This business area is also pioneering in the application and supply of environmentally friendly consumer solutions such as the use of raw materials and renewable energy.
Bo De Fisheries Group, also active in the agribusiness, has made many strides in helping farmers move toward sustainable agriculture. The application of Bodhi motherwater biotechnology in shrimp farming has helped reduce investment costs by more than 30% while generating 2-3 times more profit.
This is the recognition of the thousands of farmers participating in the Farmer Professionalization project being run by the Bo De Fisheries Group Joint Stock Company.
Understanding that companies need to make a very long-term investment in the transition to a green and sustainable production model with a small amount of money, HD Bank has pioneered the development of credit products in recent years to meet the needs of thousands of Vietnamese companies.
All projects funded by HDBank meet green criteria such as reducing energy consumption, reducing CO2 emissions, reducing environmental pollution.
With great contributions to the process of sustainable development, greening of economy, brands such as TH Group, Bo De Fisheries Group, An Cuong Wood Joint Stock Company, Flamingo Group, HD Bank, Co. Binh Dien Fertilizer Joint Stock Company, PetroVietnam Fertilizer and Chemical Corporation , The Green Solutions, TBS Group, Bao Viet Group were awarded among the top 10 green brands in 2022.
TOP 10 EXCELLENT BRANDS
In the Top 10 Excellent Brands 2022 category, the program organizers honored brands with groundbreaking growth, great achievements in manufacturing and business, and companies that have proven their responsibility by supporting and mentoring small businesses.
With more than 2 years of Covid-19 raging, Techcom Bank has been a pioneer in providing a range of dedicated financial services that help open up the flow of capital for SMEs. In 2021, the number of SMEs in Vietnam that have access to SCF capital from Techcombank increased by 195% and continues to double in the first 6 months of 2022. Providing comprehensive financial services, Techcombank achieved a pre-tax profit of 14.1 trillion in the first 6 months of 2022.
Sacombank also focuses on financial services to support small and medium-sized businesses and has implemented many suitable solutions and credit programs.
As the market suffered the negative impact of the epidemic, Sacombank issued preferential equity of Dong 10,000 billion with an interest rate of only 4% per year, while implementing measures to lower lending rates to reduce the risk of diseases, Guiding companies to “weather the storm”.
A large Vietnamese company, VNPT, has also placed its strategic focus on the SME sector in the past two years. VNPT concentrates resources, invests in infrastructure, explores new technologies to meet the needs of the fastest and most effective digital transformation for SMEs.
In the first 6 months of 2022, VNPT has a consolidated revenue of VND26,828 billion, specifically a consolidated profit of VND3,152 billion.
VSIP Hai Phong has not had difficulties with capital like small companies, but almost 3 years ago, VSIP Hai Phong too faced a big challenge when investment attractiveness faded.
Rather than choosing to “go slow” to mitigate risks, VSIP Hai Phong remains committed to completing infrastructure, improving human resource quality and actively supporting to welcome investors once the economy recovers. At present, VSIP Hai Phong has attracted a total investment of more than US$2.5 billion with 60 FDI clients.
The success of commercial banks such as Techcombank, Sacombank, as well as the efforts to overcome the difficulties of VNPT, VSIP… in the post-Covid-19 era are typical proofs of the courage and capacity of Vietnamese companies in difficult circumstances.
In addition, many companies engaged in fields such as information technology, high-end real estate, insurance, telecommunications, etc. have made great efforts to transform themselves in order to achieve excellence.
After many months of conducting surveys, voting and consultations with experts, the organizing committee officially announced the top 10 outstanding companies in 2022, including companies: Techcombank, Sacombank, VNPT, VSIP, FPT. , IPP Inter-Pacific Group, Vietnam National Reinsurance Corporation, Masterise Homes, Sunshine Group, Hoa Sen Group.
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