Passing strict, transparent and democratic evaluation criteria, Tan A Dai Thanh has made a remarkable mark with indicators of sales, profit margin/equity, growth rate, payment to the State budget, social charity contributions and management capacity, risk control ability... to affirm the prestigious brand value in the current Vietnamese market.
The title of Top 10 Golden Stars of Vietnam 2024 is a testament to Tan A Dai Thanh's leading position in the Vietnamese business community. This both affirms its reputation and strengthens the trust of domestic partners and consumers, while demonstrating the Group's pioneering role in promoting innovation and international economic integration.
Mr. Nguyen Duy Chinh - General Director of Tan A Dai Thanh Group said: “Being honored in the Top 10 of the Vietnam Golden Star Awards 2024 is a worthy recognition for the remarkable development journey of Tan A Dai Thanh Group. With a long-term strategic vision, Tan A Dai Thanh is not only steadfast in the face of market fluctuations but also constantly breaking through and growing strongly. We focus on investing systematically in core resources, from developing a high-quality human resource team to building a modern infrastructure platform, aiming to create sustainable values, accompanying the prosperity of the community and the sustainable development of the national economy.”
Mr. Nguyen Duy Chinh also emphasized that one of the key factors helping Tan A Dai Thanh grow positively is the proactive innovation and application of advanced world technology in production and business activities. Thanks to that, labor productivity is improved, product quality is constantly upgraded to match the trend and many new products are launched that are useful for life. In particular, Tan A Dai Thanh drastically implements comprehensive and effective cost-saving solutions, optimizes production and management processes, thereby increasing competitiveness and ensuring sustainable development for the enterprise.
The current success of Tan A Dai Thanh Group is built on the foundation of three generations of business families. The first generation laid a solid foundation, starting the Group's development journey with a strategic vision and determination to bring Vietnamese brands to affirm their position in the domestic economy. Continuing those values, the second generation has led the Group to overcome many challenges, create a stable financial foundation, develop modern infrastructure and build brand reputation in the market. Currently, the third generation, well-trained with advanced knowledge and absorbing new technology from developed countries, is trusted by the Board of Directors to take over the management. This transfer not only ensures succession but also marks a strong transformation, bringing Tan A Dai Thanh to breakthrough development, continuing sustainable successes.
During more than 31 years of development, Tan A Dai Thanh has gradually built a strong financial foundation, becoming one of the leading multi-industry economic groups in Vietnam with three pillars: Industrial Production, Technology and Real Estate. In 2023, Tan A Dai Thanh had total assets of more than 20 trillion VND, net revenue of nearly 8 trillion VND. Of which, the Industrial Production segment with products such as stainless steel water tanks, plastic water tanks, water heaters, solar water heaters, etc. contributed more than 3.3 trillion VND in revenue. The construction materials segment came next, bringing the company more than 2.3 trillion VND. The Group announced that it is the leader in the water tank market with more than 50% market share, equivalent to about one million products consumed annually. In addition, Tan A Dai Thanh is also holding the No. 1 market share in Vietnam with product lines of stainless steel tanks, plastic tanks, water heaters and solar water heaters.
Currently, Tan A Dai Thanh owns 45 member companies, an online sales system and more than 30,000 points of sale nationwide. With outstanding achievements in business, Tan A Dai Thanh is ranked by Forbes Vietnam magazine in the list of 20 largest business families in Vietnam, with a brand value of 65 million USD, ranked 8th in the list of 25 leading corporate brands in 2023. In particular, the Group is proud to rank 40th in the list of 100 private enterprises with the largest budget contributions in Vietnam.
