Thai Son Corporation is ranked in the top 500 enterprises in Vietnam

On November 29th, 2011, Vietnam Assessment Report Joint Stock Company (VietNam Report) in conjunction with VietNamNet Online Newspaper published VNR500 – TOP 500 largest enterprises in Vietnam 2011. This is the 5th year. Consecutive, VNR500 rankings were officially announced to recognize and celebrate the achievements that the business community of Vietnam.

VNR500 rankings are the result of research from VietNam Report, consulted by domestic and foreign experts, headed by GS. John Quelch, Former Vice President of HarvardBusinessSchool. The VNR500 is built on scientific principles, independent and compliant with international standards (based on the Fortune 500 model). The company does not have to pay any fees to get into the rankings, nor can it affect the ranking results. Enterprises ranked in the ranking only know their rank after the Organizing Committee publicly announced on the mass media.

In 2011, the VNR500 rankings were based on the VNR Biz Database and the latest survey data on enterprises across the country. Survey data is updated until 31/12/2010. Business rankings will be sorted based on revenue criteria.

Thai Son Corporation is one of the 7 military enterprises ranked in this table. In 2010, the Corporation’s revenue reached VND3,537.6 billion and contributed VND 186 billion to the state budget. Top 500 largest enterprises in Vietnam do not distinguish between state-owned enterprises, foreign enterprises or private enterprises, in order to be ranked in the list of enterprises of all sectors, the minimum turnover of enterprises must Over 1500 billion.

Thai Son Corporation is a business under the Ministry of Defense, operating in many sectors, mainly operating in the fields of investment and real estate business; Construction of civil and industrial projects; Trade – Import – Export; Manufacturing and processing aquatic products; Production of building materials; Application, technology transfer and technical services; Refrigeration mechanics; Vocational training and job introduction. Thai Son Corporation always excellently accomplishes its economic, political, security and national defense tasks and is classified as a Class 1 enterprise. For many consecutive years, the Corporation’s production and business activities have been achieved. High growth rate and economic efficiency, sustainability and safety in all aspects, well fulfill the obligation to remit budget to the State and higher level.

Over the past 20 years of construction and development, the Corporation has been honored to receive many noble titles of the Party, State and many levels – the industry awarded: Labor Order second class, Three; Certificate of Merit from the Prime Minister in 2004, 2005, 2009, 2010; Certificate of Merit from Minister of Defense 2002, 2004; Certificate of Merit from the Political Bureau in 2000, 2001, 2003, 2004, 2004, 2005, 2007; Certificate of Merit of Vietnam-Russia Center for Antiquities in 1999, 2004, 2004, 2005, 2009, 2010, 2010; Certificate of Merit of the People’s Committee of Ho Chi Minh City in 2004, 2005; Certificate of Merit of Quang Ngai People’s Committee in 2007; Certificate of Merit of the Vietnam Fatherland Front HCM City. Ho Chi Minh City 2005, 2006, 2008, 2011; Certificate of Merit from the Vietnam Chamber of Commerce and Industry 2005; Certificate of Merit of BTL Border Guard 2010; Gold Award “Famous enterprise era open, integration” in 2009; Golden Globe Award from the Trade Fair Organization of Vietnam – WTO 2007; FAMILY ENTERPRISE FAMILY PROGRAM FOR THE OPEN TIME AND INTEGRITY OF THE FIRST INTEGRATED FARMER PROGRAM IN 2009; …. And many other awards.

Businesses in VNR500 in 2011 increasingly proved their strength with the first Top 30 enterprises eligible to join the club $ 1 billion turnover with the average revenue of the group reached 3, $ 2 billion (up from $ 2.7 billion in the 2010 rankings). And it is remarkable that Vietnam’s leading businesses are increasingly narrowing the gap with global businesses when the top 50 First Enterprises in the 2011 rankings qualify for revenue to be able to afford. Ranked in the Forbes 2000 Ranking Table for the top 2000 largest global businesses.

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