Vietnam honors enterprises that see product quality as core value

(VEN) - As Vietnam seeks to deepen its regional and international integration, competition has become a decisive factor making product quality a core value for business development.

Efforts to improve product quality

With this in mind, the Prime Minister’s National Quality Awards recognize organizations and enterprises with outstanding performance in boosting Vietnam’s competitiveness, with award-winning enterprises honored also for improving organizational culture, productivity campaigns and contribution to the country’s economic and social development.

The Vietnam National Quality Awards for 2019-2020 were presented in Hanoi in March by the Ministry of Science and Technology (MoST), honoring 116 companies at a ceremony that also featured the Global Performance Excellence Awards (GPEA) 2019-2020 presented to four enterprises.

The Thai-owned C.P. Vietnam food conglomerate was one of the few companies to win the award both for 2019 and 2020. General Director Montri Suwanposri said the company always tries to be innovative in production and business process to improve quality, service, competitiveness and governance, maximize productivity, and integrate with regional and world economies.

vietnam honors enterprises that see product quality as core value
The ceremony honoring companies with remarkable achievements in improving the quality of products and services in 2019-2020

“Applying the National Quality Award criteria helps our affiliates be more aware of strengths, weaknesses, opportunities and challenges, from which we plan specific measures and a roadmap for sustainable development,” Montri Suwanposri said.

Currently, all of C.P. Vietnam’s husbandry farms use a safe and environmentally friendly breeding model with the largest herd of pigs in Dong Nai Province - the livestock hub of the country.

Modern machinery

Xuan Hoa Vietnam Joint Stock Company was the only furniture company that received the Vietnam National Quality Award 2020. A company representative said along with the launch of new products to meet consumer needs, Xuan Hoa has applied innovation in machinery, equipment, management and staffing.

Each year, the company invests hundreds of billions of Vietnamese dong in imported modern machinery from G7 countries. These include the Panasonic automatic welding robot (Japan), Amada punching machine (Japan), and Salvagnini thin steel folding machine (Italy) to make office and home lockers; Cutting, drilling and gluing systems for industrial wood from SCM (Italy) or wood edge gluing machines using Italian Biesse Slimline technology to produce wooden furniture for offices, homes and hotels with high aesthetics and durability.

With the goal of becoming the leading furniture company in Vietnam and in the region, Xuan Hoa is not only conquering the domestic market but also exporting its products. Export revenues from traditional markets such as Laos, the Republic of Korea, and Japan have grown steadily by 25-30 percent per year. The company obtained a foothold in the US and Canadian markets last year for the first time with a batch of 1,000 outdoor washbasins, meeting very strict standards and requirements.

vietnam honors enterprises that see product quality as core value

Business development platform

Over the past 25 years, more than 2,030 enterprises have won these awards, helping businesses improve product and service quality, competitiveness and operational efficiency, and integration into the regional and world economies. The award aims to encourage Vietnamese businesses to build and apply management systems, models and tools to improve productivity and quality.

Minister of Science and Technology Huynh Thanh Dat emphasized that the awarded enterprises are all outstanding symbols of innovation and clear examples of Vietnamese intelligence, technology and production. “Let’s believe that the capabilities and bravery of domestic enterprises, especially those awarded the National Quality Award will promote strength and improve the position of Vietnamese goods and services in the domestic and foreign markets,” said Minister Huynh Thanh Dat.

The minister said the MoST would be more proactive in drafting favorable mechanisms and policies so that apart from being honored with awards, Vietnamese businesses will also enjoy preferential benefits in market access and other support to create a new driving force and improve the competitiveness of Vietnamese products and enterprises.

The estimated revenue of National Quality Awards recipients in 2019 and 2020 was over VND192 trillion, with profits exceeding VND17 trillion, VND7 trillion paid into the state budget and jobs for more than 100,000 workers.
Quynh Nga

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