On April 24th, at the National Convention Center in Hanoi, Takao Corporation proudly received the FAST500 Award, ranking among the Top 500 Fastest-Growing Enterprises in Vietnam in 2024.

The FAST500 ranking, organized by Vietnam Report in collaboration with VietnamNet, is a prestigious award that recognizes businesses with outstanding performance, high growth potential, and a proactive approach in both business operations and corporate social responsibility. These businesses significantly contribute to the overall development of the national economy through continuous innovation and community responsibility.

Mr. Lê Đình Thắng – Deputy General Director of Takao Corporation receiving the FAST500 Award

In 2023, the global economy faced numerous challenges due to the lingering impacts of the COVID-19 pandemic and ongoing political issues. As an open economy, Vietnam was heavily affected by the global economic environment. While many businesses struggled, Takao Corporation maintained stable production and sustainable growth through continuous innovation and improvement. Thanks to persistent efforts and a steadfast commitment to its strategic goals, Takao is proud to uphold its brand and deliver exceptional breakthroughs in the industry.

By receiving the FAST500 Award, Takao has reaffirmed its reputation and position in the building materials market.

Mr. Tạ Hùng Sinh, Vice Chairman of the Board of Directors and CEO of Takao Corporation, shared: "Being included in the FAST500 ranking is a recognition and an encouragement for all of Takao’s efforts over the years. It motivates us to keep striving for even greater achievements in the years ahead."

Discussing how the company overcame difficulties to secure the 21st position among the Top 500 Fastest-Growing Enterprises in Vietnam, Mr. Sinh added: "Facing numerous challenges, the Board of Directors and company leadership quickly assessed the situation and adjusted business objectives and strategies. Specifically, Takao embraced scientific and technological advancements, upgrading machinery, recovering heat energy, and reducing harmful emissions. By cutting input costs, we were able to create competitively priced products, which drove our rapid growth. Additionally, in 2023, the launch of the Takao Bình Định factory with a capacity of 21.2 million square meters annually sets a strong foundation for future growth."

Mr. Vũ Hồng Duy, Mr. Lê Đình Thắng, and representatives of Takao’s distributors

Over the past six years, Takao Corporation has built a robust distribution network of more than 200 distributors across all 64 provinces of Vietnam, leading to outstanding revenue growth and successfully meeting the 2023 revenue targets. In addition, Takao expanded its exports to several new and challenging markets, including South Korea, the UK, Belgium, Canada, Germany, Russia, and the Czech Republic. In 2024, the company plans to export to countries such as Thailand, Japan, and Mexico.

While 2024 is expected to bring further volatility and challenges amid the "storm of global economic difficulties," Takao remains confident that these challenges will provide opportunities for the company to make significant breakthroughs in its development journey. With a strong internal foundation, Takao is poised to achieve new milestones and prepare for an impressive new growth phase, continuing its journey of success in the coming years.