Honoring business overcoming difficulties

Today, October 7, Ho Chi Minh City Business Association (DN) (HUBA) celebrated the 16th Vietnam Entrepreneur Day (2004-2020) and Honored Typical HCMC Enterprises & Entrepreneurs 2020 This is a title recognized and certified by the People’s Committee of Ho Chi Minh City, held every 2 years and this is the third vote. The number of enterprises and business people winning the title is announced on the same day.

More criteria to overcome the challenge from Covid-19

The company won the title of 20 industry groups: mechanics – electricity, rubber – textile plastic – footwear, chemicals – cosmetics, supporting industries, food processing – food, beverages and confectionery, real estate, construction and construction materials, electrical wires and cables, pharmacy – health – functional foods, jewelry – fine arts – wood processing, consulting – law, transportation – logistics, culture – media – advertising, finance – banking, science and technology and a number of service sectors.

Vietnam Livestock Industry Joint Stock Company (VISSAN), one of the enterprises participating in the vote in 2020. Photo: HOANG Trieu

This year, the number of participating enterprises increases by 20% and the quality of participating enterprises is higher than the previous one. There are many big brand companies such as: Hung Thinh Group, Thien Long Group, Kido Group, Hoa Binh Construction Group, Viet Tien Garment Corporation, Thanh Thanh Cong Investment Joint Stock Company, Anh Duong Joint Stock Company. Vietnam, Vietnam Livestock Joint Stock Company, Dai Dung Trading Mechanical Joint Stock Company, Phu Nhuan Jewelry Company …

In 2018 and 2019 (2 years of approval), the total revenue of 100 enterprises reached over 580,000 billion VND, profit was more than 38,000 billion VND, contributed more than 25,000 billion VND to the budget, contributed more than 800 billion VND to social security. and create stable jobs for more than 150,000 employees.

According to HUBA, with the special context of the Covid-19 pandemic, this year, the review criteria add innovative activities, overcoming challenges due to the impact of the epidemic. Accordingly, the Organizing Committee of the poll has increased the proportion of selection points for enterprises with creative activities, overcoming the difficulties of the Covid-19 epidemic in the first 6 months of 2020 in order to recognize outstanding efforts. take advantage of opportunities to maintain and promote existing strengths in production – business activities. This is a message to encourage businesses to have more powerful transformation solutions to quickly turn difficulties into good opportunities in all conditions, especially when the market is opened after a long period of stagnation.

HUBA also noted that in this year’s poll, many businesses have actively innovated, created, overcame challenges to maintain and restore production – business, and accompany the city to develop. Many businesses have urgently implemented digital transformation, converting new products, converting technology, developing the domestic market, changing management methods, being more active in the supply of raw materials … to like with the new state. Therefore, in addition to the honorable title of “Typical HCM City Enterprises & Entrepreneurs”, HUBA proposed the City People’s Committee to consider and award certificates of merit to typical businesses and entrepreneurs overcoming the Covid-19 pandemic challenge.

Talking to the reporter of Nguoi Lao Dong Newspaper, Mr. Chu Tien Dung, Chairman of HUBA, said that this year’s award is of great significance in the context of business production and business of enterprises falling into serious difficulties due to the influence of Translate. “Enterprises participating in the vote this year have the ability, conditions, ability to overcome the pandemic, contribute to the city’s economy effectively, obey the law and contribute to social responsibility. This shows that they are a typical, dynamic, creative, adaptive, overcoming the difficulties of Covid-19 translation and deserve to be honored and encouraged in time. for the business community and business people to continue steadily to develop and contribute to the city “- Mr. Chu Tien Dung acknowledged.

The award is worthy of respect

Mr. Nguyen Dang Hien, General Director of Tan Quang Minh Production and Trading Co., Ltd. (Bidrico), commented that in the difficult context of Covid-19 translation as at present, HUBA’s implementation of voting and organizing events. The 16th anniversary of Vietnamese Entrepreneurs Day and Honoring “typical HCMC businesses & entrepreneurs in 2020” is very respectful.

From the perspective of enterprises, there are many difficulties talking about, but the story now is how to overcome. This requires bravery, orientation, changes and determination of businesses and entrepreneurs. Since April, when the epidemic broke out, many businesses had lost the balance of cash flow due to a sharp decline in revenue, and banks also recalculated the efficiency of loan flow to businesses … making business operations more difficult. towel over.

“At this time, businesses themselves have to” swim “, by themselves to rise up to overcome difficulties. Therefore, businesses, business people named in the typical list and honored by the city on this occasion are worthy, is a reward for their efforts over the past time.At the same time, when difficulties are still ahead, the reward will be the driving force for each business, entrepreneur to try harder, to have appropriate response solutions to maintain maintain operations in this new normal state “- Mr. Nguyen Dang Hien said.

There is a fact that during the epidemic, in each industry, there are still favorable enterprises, such as the textile industry, the exporting enterprises of the page, the food industry producing instant noodles … However, according to Mr. Nguyen Dang Hien, the above cases are only a few, the rest, enterprises must master the actual situation and market developments to take the right steps, avoid unnecessary stumbling in the coming period. “In fact, many businesses have been greatly affected by the broken material supply chain, leading to the paradox that the purchasing power is not high but the selling price does not decrease due to the cost, the cost of the business is still increasing. The body of each enterprise must also restructure its operations, scale to suit the actual situation, and restructure the supply chain in domestic and foreign markets after being broken due to epidemics “- analyzed Mr. Nguyen Dang Hien.

Talking with reporters of Nguoi Lao Dong Newspaper, many enterprises shared one of the factors that help businesses maintain and overcome difficulties in this period is thanks to sustainable development policies, accumulating financial resources from last year.

Mr. Huynh Van Tan, Director of External Relations of Phu Nhuan Jewelry Joint Stock Company (PNJ), said that the gold, silver, gemstones and jewelry industry were not out of the Covid-19 epidemic. In fact, some companies in the industry have to stop the game, businesses that are staying in the market and continue to develop is a great effort.

Like PNJ, one of the factors that help businesses overcome difficulties is a sustainable development strategy for many years, from building corporate culture to investing in human resources … Enterprises with solid financial resources, HR team, methodical business strategy will have opportunities and strengths to overcome market’s difficulties. “In the difficult situation caused by the epidemic, PNJ still stabilizes business operations and strives to achieve the business goals set at the beginning of the year. Therefore, if there are more awards, be honored. Typically, the city of 2020 will be a source of encouragement and more motivation for the company’s leaders and staff “- Mr. Huynh Van Tan shared.

He Le Viet Hai – Chairman of the Board of Directors of Hoa Binh Construction Group:

After a pandemic, opportunities will be found

In the Covid-9 translation, at first glance, construction companies may not see heavy damage, but in fact has been significantly affected by the decline in the tourism real estate segment. Many tourism real estate projects that are under construction are suspended or have to be constructed in moderation, and projects to be implemented are also stopped. While this is one of the main construction segments of Hoa Binh. The corporation’s workforce and output have been significantly reduced, but many of the costs that cannot be reduced in operating businesses are the biggest difficulty.

During the past time, we have prepared measures that are both suitable for long-term development and responding to the crisis. This is also an opportunity for the group to restructure all activities from products and services, markets, management systems, business models …

I am often optimistic that in “danger” there is “muscle”. In particular, after the Covid-19 pandemic, a new world order will be established and we will find opportunities for Vietnam in general and for Vietnam’s construction industry in particular when reaching the global market. . The current crisis has a global scale with a very serious level and unpredictable developments, but I believe that the spirit of Hoa Binh collective “Kite against the wind” will turn challenges into opportunities. If you achieve the title of typical enterprise in Ho Chi Minh City in 2020, it will be an encouraging reward for Hoa Binh and businesses who have made efforts to overcome difficulties in this challenging year.

S.Nhung write the

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