HUNG DUY COMPANY LIMITED: HEART-TALENT ENTREPRENEUR, TYPICAL ASEAN ENTERPRISE

Recently, in the capital of Vientiane (Laos), in the framework of the ASEAN Typical Enterprise Award Ceremony, the ASEAN Famous Brand Award and the Gold Cup “Heart -Talened Entrepreneur” for 56 Vietnamese units and individuals of Vietnemese and Laos, Tay Ninh has two enterprises receiving the ASIAN Typical Enterprise Award, namely Tay Ninh Bank for Agriculture and Rural Development and Hung Duy Import – Export – Trade – Technology Co., Ltd. a private company called Hung Duy Company for short).

Referring to Hung Duy Company, people immediately think of a leading goods distribution company in Tay Ninh province. Now, Hung Duy is a distributor of companies with strong brands in Vietnam and the world such as: Vinakyoei Company, Binh Tay Wire Mesh Company, Unilever Company, Kinh Do Confectionery Company, Kimberclark Company. , Castrol BP Company, Vinamilk Company, Bourbon Company, 3A Pharmaceutical Company (Abbott Milk), Hanoi Telecommunications Joint Stock Company (Vietnammobile), FPT Technology Products Company, Petroleum Joint Stock Company Tay Ninh (PV OIL Tay),… Besides the above-mentioned trading system, Hung Duy also invests in production activities that are developed no less than commercial activities. The company has built a tapioca starch factory in Suoi Ngo commune (Tan Chau) with a capacity of 150 tons of flour/day, equivalent to 600 tons of fresh tapioca with sales of 180 billion VND/year. At the same time, the Company also invests in the business of industrial cluster infrastructure with an area of ​​​​50 hectares in Mo Cong commune (Tan Bien), with an estimated capital of VND 150 billion. In early 2011, Hung Duy Company established a Joint Stock Company, also named Hung Duy (Hung Duy Company contributed 70% of capital) specializing in the production of tapioca starch and completed the factory and put it into trial operation. producing tapioca starch with a design capacity of 250 tons of starch/day worth about VND 80 billion. In addition, because the tapioca starch processing factory in Cam Giang commune (Go Dau) is causing pollution, Hung Duy Company is investing 10 hectares in the Chau Thanh District Industrial Cluster to relocate and upgrade the house. machine with a design capacity of 200 tons of starch/day, project value is about 65 billion dong.

With growing maturity, Hung Duy Company contributes significantly to the State budget each year, nearly 6 billion in 2009, over 9 billion in 2010 and nearly 12 billion in 2011 is expected. Now, Hung Duy is creating jobs for more than 400 employees with an average income of 3,500,000 VND/month/person. In addition, the welfare for employees is always guaranteed such as labor insurance, convalescence regime, study mode to improve qualifications. A very respectable feature of Hung Duy is charity work, every year the funding for Hung Duy’s charity work is increased, 150 million VND in 2009 and 2010 contributed to the Fund for the Poor of Hung Duy. Tay Ninh province 1.2 billion, in the first 6 months of 2011, although business is very difficult, the funding for charity work has surpassed 600 million.

Not stopping there, Hung Duy is applying new technologies that both benefit production and protect the environment such as using a biogas wastewater treatment system, use emission to make gas as service production, application of ISO 9001 management process. According to the company’s strategy, by 2014, the company will be listed on the stock exchange and develop into a joint-stock company, the capital will increase in the next 3 years to 1,500 billion VND /year, estimated revenue in the next 3 years will reach 2,000 billion VND.

(*) Source: https://baotayninh.vn/cong-ty-tnhh-hung-duy-doanh-nhan-tam-tai-doanh-nghiep-asean-tieu-bieu-a9482.html