Recently, Vicostone Joint Stock Company and its parent company - Phenikaa Group - continued to affirm their solid position when they were also included in the Top 500 Best Profitable Enterprises in Vietnam (PROFIT500) and Top 50 Best Profitable Enterprises published by the Vietnam Report ranking organization in coordination with Vietnamnet newspaper. This is not only a recognition of the Company's brand reputation and sustainable internal strength, but also a testament to effective management capacity, long-term vision and sustainable development strategy.
According to Vietnam Report, the ranking is a prestigious "measure of business health", reflecting growth capacity and vulnerability to challenges. Enterprises in the 2025 ranking contribute nearly 60% of the total corporate income tax revenue nationwide, with the Top 50 alone achieving an average contribution of nearly VND 2,000 billion.
By early identification of market challenges, Vicostone has built a risk scenario to promptly respond and minimize the impact on revenue and profit. In the first six months of 2025, Vicostone recorded revenue and pre-tax profit of VND 2,136 billion and VND 447 billion, respectively.
The company continues to firmly consolidate key markets, while actively exploiting potential markets through expanding its direct distribution network. Notably, the Company has increased product display and marketing activities such as participating in specialized exhibitions, investing in showroom systems and warehouses. These are steps in the strategy of enhancing Vicostone's brand recognition in the international market, while improving customer experience and service quality.
Expanding and developing the market, in Canada, Vicostone participated in sponsoring the Interior Design Show (IDS) - one of the most prestigious international interior exhibitions in North America. in Australia, Vicostone has participated in two large-scale exhibitions: Sydney Build Expo 2025 and Kitchen & Bath Show 2025, taking place in two key cities, Sydney and Melbourne. These activities have contributed to creating a positive mark, attracting the attention of many partners in the construction, interior and public sectors.
In addition to trade promotion and market expansion activities, the Company proactively deploys solutions to maintain optimal inventory levels and effectively control the input supply chain, thereby protecting competitive advantages in the context of inflation and production costs continuing to be high. At the same time, Vicostone is determined to pursue a sustainable development strategy through increasing investment in research and development (R&D), aiming to create a competitive advantage with high quality and technology, instead of price competition. These efforts demonstrate Vicostone's determination in the journey to create sustainable value and elevate the Vietnamese brand in the international arena.
