7 city businesses amongst Viet Nam’s prestigious exporters

The Ministry of Industry and Trade has officially announced a list of 225 Vietnamese prestigious exporters for 2017, aimed at supporting domestic firms in promoting exports and expanding markets. Seven of them are Da Nang companies.

Seven Da Nang businesses have been recognised as Vietnamese prestigious exporters for 2017 (Photo: Thanh Lan)

They are the Thuan Phuoc Seafood and Trading Corporation, the Central Region Import/Export JSC, the Hoa Tho and 29 March Textile and Garment joint stock companies, the Danapha Pharmaceutical JSC, the Viet Nam-Japan Chip Corporation Ltd, and the Song Thu Corporation.

The list of exporters was chosen based on the proposals of relevant agencies, along with the ministry’s criteria of maximum export turnover, prestige with foreign partners, duties to the tax and customs sector and environmental protection.

In order to fulfill its target of reaching the export turnover of 58.63 million USD over the past year, the 29 March Textile and Garment Joint Stock Company has developed good relationships with its clients to get more orders and stabilise its production.

Besides traditional orders, the company has focused on finding new ones to ensure job stablitity and higher income for its employees, and enhance the efficiency of production machines and equipment as well.

This year, the company is now on track to attract new high value customers of veston in a bid to increase sales, hereby ensuring a balance of export proportions amongst markets: the USA with 40%, Europe 50%, Japan 5%, and South Korea 5%.

Ms Pham Thi Xuan Nguyet, the company’s General Director, said, “We have taken effective measures to stabilise production, ensure the growth rate, and successfully achieve the target of 61.5 million US$ in export turnover by late this year”.

A worker at the Veston factory of the 29 March Textiles and Garments Company

Another local prestigious business, the Hoa Tho Textile and Garment Joint Stock Corporation, saw its total export turnover hit 201 million US$ last year. Its products have exported to the US, EU, and other Asian countries.

According to Ms Tran Tuong Anh, the Corporation’s Deputy General Director, her company has been producing products for such famous global brands as Snickers, Burton, Novadry, Haggar, Perry Ellis Portfolio, and Calvin Klein.

Currently, a representative group of the company is getting involved in promoting the consumption of products in the Canadian and US markets.

Meanwhile, the Thuan Phuoc Seafood and Trading Corporation has risen to fame in the seafood processing and exporting industry in the central region, and the country as a whole.

Over the past year, the company earned over 91 million US$ in exports, accounting for more than 6% of the city’s total merchandise exports.

According to Mr Tran Van Linh, the Chairman of the Board of Directors of the company, underlined the significance of expanding the consumption market. To date, the company-made products have been secured their berths in Europe, the US, Canada, South Korea, Japan, Singapore, and Hong Kong.

As for the Danapha Pharmaceutical JSC, its export turnover stood at 6.6 million US$ last year, a bug jump as it only generated 1.2 million US$ from exports a decade ago.

Danapha-recorded outstanding achievements have mainly attributed to its great efforts, especially in promoting tech investment, intensifying research – development (R&D) activities for the enhancement of product quality.

At present, Danapha is pouring its money into a project for growing medicinal herbs in Hoa Vang District which meet Good Manufacturing Practices (GMP, also referred to as ‘cGMP’ or ‘current Good Manufacturing Practice’), which is the aspect of quality assurance that ensures that medicinal products are consistently produced and controlled to the quality standards appropriate to their intended use and as required by the product specifications.

Danapha has become one of the first domestic companies to be certified by the Viet Nam Pharmaceutical Management Department as meeting the WHO’s GMP standards.

Source: DA NANG Today