Co Do Tea JSC: Active Production & Technological Breakthrough

To have competitive products, especially in foreign markets, Co Do Tea Joint Stock Company has built production and manufacturing procedures under ISO 9001 – 2000 standard and HACCP, from creating clean material zone to processing technology; product packaging and storing. To make up good material for tea production, the company has spent billions of VND on fertilizers and pesticides, adopting reasonable material prices to encourage tea farmers to invest into intensive farming. For example, the company provides free pesticide for Shan Tuyet and Kim Tuyen, Thuy Ngoc tea farmers and buys their tea materials at a rather high price.

 

Besides intensive cultivation on good tea material zones, the company has actively developed core saplings to expand the factory’s material zone. In 2010, the company raised 1.5 millions of saplings of Olong Thanh Tam tea; and supplied free tools and techniques to Olong, Kim Tuyen, Thuy Ngoc tea farmers.

 

In addition to building safe, stable material zone, Co Do Tea Joint Stock Company also fosters investment; and supplies more equipment and technology. The company’s tea products have been highly appreciated for quality and have won many national prizes for both quality and environment friendliness; Gold Medal for Environment Protection; Gold Medal for Food Hygiene and Social Welfare. Especially, the company was honoured to receive the Gold Medal for Excellent Enterprises on the occasion of 1,000 year Thang Long anniversary and Gold Medal for Enterprises with contribution to Vietnam Agriculture, Farmers and Rural Areas.      

Despite witnessing many obstacles in 2010, the company still achieved key criteria with total turnover of VND 21.382 billion; tax payment exceeding by VND 275.508 million against 2009; social, medical and unemployment insurance up VND 451,474 million; profit up VND 223.473 million; and dividend up 3 percent.