Starting from a furniture production group with 15 employees, in over 20 years of construction and development, Hoa Phong Co., Ltd has achieved constant growth to become a leading enterprise in Lao Cai province. This result primarily comes from the direct attention of the leaders of the province, the local departments and the continued efforts of the company’s staff.
Set up in August 1992, Hoa Phong Enterprise defined its business philosophy built on prestige, quality and efficiency. As a wooden furniture manufacturer for the domestic market and export to China, the company’s products are highly preferred by local and foreign consumers. Hoa Phong also stepped into the civil construction field. The company always ensures premium quality, timely progress and minimised expenses of its civil construction works. Hence, after eight years of operation, the company built up its important foundation for business field expansion.
With enthusiasm and desire to develop its business, Hoa Phong managed to become a multi-business limited company in 2000. Making commerce become the core business to reach out to the world market is considered its important milestone.
With its well-established reputation, the company has been chosen to build large construction projects in the province like Tran Hung Dao Boulevard, upgraded National Road 70, and many other infrastructure projects. In international economic integration, Hoa Phong has associated with big domestic and foreign partners to import and export fertilisers, chemicals, agricultural and forest products, rice, rubber, sugar and other commodities from/to China, Japan, India, Australia, Sri Lanka, Thailand, Singapore and other nations. Hoa Phong always respects its prestige in business operations and strengthens mutual respect for joint development. Therefore, Hoa Phong would rather suffer losses in order to ensure credibility, quality and progress of the projects it undertakes and pledges to partners. Hence, the company has gained the trust from customers, even the most demanding ones.
These results are evidenced by what Hoa Phong has gained. Revenue keeps rising year on year. The revenue soared to VND3,800 billion in 2012, contributed VND130 billion to the State Budget. The company also ensures stable employment for hundreds of workers with average monthly individual income of VND4.7 million.
Apart from business operations, the company also always pays attention to the formation, construction and development of Party and collective political organisations, staff training and management, construction of future managerial staff, and branding to ensure sustainable development and resilience to hardships caused by global economic recession. Hoa Phong’s business development is closely connected with community activities. Therefore, Hoa Phong, at all times, takes care of and shows responsibility to local community and social development. The firm is always at the forefront of social activities like New Year festivities for the poor and countryside vendor for the sake of the poor.
With its achievements, the staff, and General Director Tran Van Hoa of Hoa Phong have been awarded a lot of honours by the Party, the State, the Government, ministries, central agencies and Lao Cai province like Third-Class Labour Order from the State President and the Certificate of Merit from the Government, the typical entrepreneur of the nation, the typical entrepreneur of the province, and Vietnam Gold Star Award, the Certificate of Merit from the Ministry of Finance, Emulation Flag and the Certificate of Merit from Provincial People’ Committee, approved by the Ministry of Industry and Trade as "prestigious exporter ". But, needless to say, the greatest award of the company is its constant growth and the trust of its customers and local governments, said General Director Tran Van Hoa.
Xuan Thu
Vietnamese
