The champions of F.I.T Champion will receive awards including a trophy, a certificate of merit, and a cash prize. The award ceremony was attended by Ms. Nguyen Thi Nga, CEO of Khanh Hoa Mineral Water Joint Stock Company; Ms. Tran Khiem, Deputy CEO in charge of the DCL production division; and the champions of the F.I.T Champion Quarter 1/2024.

Honoring the champions of F.I.T Champion Quarter 1/2024 in Khanh Hoa.

The three champions recognized in the first quarter of 2024 are outstanding representatives from the commercial division and sales employees who achieved excellent sales performance, exceeding 100% of sales targets. Notably, Mr. Nguyen Quoc Dat (VKD Sales Employee) set a record with sales reaching 114%; Mr. Do Minh Dong (DCL Sales Representative) came second with 100% sales; and the HCM Branch of DCL finished with 109% sales.

“Despite economic fluctuations and challenges in the first quarter of 2024, the sales warriors of VKD and DCL have excellently overcome barriers and achieved remarkable results. We hope that in the coming quarters, more champions will be named and receive this prestigious award” shared Ms. Pham Bich Dao, a member of the organizing committee.

Ms. Nguyen Thi Nga, CEO of Vikoda, presents the trophy and awards to the champion Nguyen Quoc Dat (VKD Sales Employee).

Sharing his feelings about receiving the award, champion Nguyen Quoc Dat said, “I always strive to be better today than yesterday, and I firmly believe that whether in sales or work, one must operate with the spirit ‘by heart’ as Chairman Nguyen Van Sang has taught. I dedicate this award to my colleagues and family, who have always stood by and supported me through every step.”

Ms. Tran Khiem, Deputy CEO in charge of production, awards the champions of Quarter 1/2024 of DCL.

F.I.T Champion is an annual award for the champions within the Business Division of the conglomerate, honoring the most outstanding individuals and teams on a quarterly and annual basis. The award not only motivates the sales force but also fosters a competitive spirit and promotes development across each business sector to achieve the strategic goals set by the conglomerate.

More than just encouraging outstanding individuals, F.I.T Champion also plays a significant role in advancing the development process of each unit, providing a solid step forward for F.I.T in realizing its vision of becoming a thriving, multi-sector conglomerate with distinctive, leading products and services that enhance the quality of life.

During the meeting, the AGM listened to and approved: the 2023 activity reports from the Board of Directors, the CEO Board, the Supervisory Board, and discussed the plans for 2024; they approved proposals regarding the distribution of profits for 2023 and the business plan for 2024, audited separate and consolidated financial statements for 2023, selected the auditing company and reviewed the financial statements for 2024, settled the 2023 remuneration and the remuneration plan for 2024 for the Board members, Supervisory Board members, etc., and other authorized proposals.

In 2023, facing an uncertain economic climate, F.I.T Group focused on adhering to action strategies while innovating products, investing in construction of factories and infrastructure, enhancing staff skills and experience, and implementing digitalization across the Group. According to the audited consolidated financial report of 2023, by year-end, F.I.T Group achieved over 7.721 trillion VND in total assets.

Thanks to impressive business results and activities that brought practical value to the community, F.I.T Group was honored with many prestigious awards in 2023 such as: TOP 10 Outstanding Enterprises in Asia; Enterprise with Outstanding M&A Strategy from 2009-2023; TOP 500 Leading Employers in Vietnam, and more.

The AGM discussed the management and business activities of 2023 and plans for 2024

In the session, the AGM proceeded with the discharge and election of several Board of Directors and Supervisory Board members. Consequently, the AGM voted to discharge Mr. Phạm Tuấn Sơn from his position as a Board member following his resignation on March 25; and Mrs. Ngô Thu Trang from her position as Head of the Supervisory Board following her resignation on March 26. Thus, in the session, the AGM conducted public elections and approved the new Board member Mrs. Nguyễn Ngọc Mai and new Supervisory Board member Mrs. Nguyễn Thị Thu Hường.

Opinions in the assembly focused on production and business situations; progress in building new factories by member companies; business results in 2023; market and price conditions; and other matters were noted and clarified by the Presidium and the Group’s management.

Speaking at the assembly, on behalf of the Board of Directors, Ms. Nguyen Thi Minh Nguyet – Vice Chairperson of the Board, acknowledged and praised the management and business efforts of the Group in 2023, “I highly appreciate the efforts and contributions of the Board, the management team, and all employees of the Group, along with the support of the shareholders.”

2024 will continue to be a year of many challenges and difficulties, requiring significant effort from the entire Board of Directors, the management team, and all employees. Mrs. Nguyet expressed her hope that F.I.T Group will continue to strive to realize its vision of becoming a prosperous, multi-industry group with distinctive, leading, high-quality products and services that improve the quality of life; a place that attracts talent and earns societal respect.

Attending the ceremony were Mrs. Duong Thi Minh Nguyet – HR Director of F.I.T Group, Mr. Thai Binh Quy – CEO of VnResource, Mr. Tran The Anh – Project Director, and all project team members from both sides.

The ceremony took place at the Hanoi Office headquarters and was broadcast online at locations in Ho Chi Minh City, Khanh Hoa, and Vinh Long.

F.I.T Group is a leading multi-industry economic group in Vietnam with a workforce of more than 3,000 employees nationwide. Desiring to digitalize human resource management activities to facilitate management’s monitoring and timely situation assessment, leading to accurate and appropriate decisions, and to make HR activities quick and professional, improve labor productivity, the HR Administration has partnered with VnResource to deploy the VnResource HRM Pro software solution throughout the Group, including modules for Personnel Records, payroll; Capacity Management; Recruitment, Training, and Evaluation.

Once the project officially goes into operation, general HR management will be comprehensive, centralized, easy to monitor, and will serve the management process well; Reports will be integrated with HR software data into the F.I.T Business reporting system, facilitating easy monitoring and serving the decision-making process of the management; Timekeeping and payroll activities will be professionalized, and the salary and bonus budget will be tracked fully and accurately for timely evaluation and adjustment; Recruitment processes will be optimized, enhancing candidate experiences, attracting talent, and reducing recruitment costs; Training and evaluation will be effective and accurate to the individual, leading to specific training plans, minimizing unnecessary costs, and making the succession planning process effective.

Mr. Tran The Anh – Project Director presents the project’s goals and plans.

Speaking at the ceremony, Mrs. Duong Thi Minh Nguyet shared the spirit of cooperation and the responsibilities between the two parties. “F.I.T Group highly values the capability and experience of VnResource in previously deployed projects. At F.I.T Group, the goal of digitalizing HR management activities is very clear and urgent, so I request the project team members to actively connect, work, and report periodically to update and ensure the correct timeline; by August 31, 2024, the software will go live,” Ms. Nguyet shared.

Responding to Ms. Nguyet’s trust and expectations, Mr. Thai Binh Quy – CEO of VnResource said that he and his team are proud to have been chosen by F.I.T Group as a companion in the Group’s digital transformation journey, “The HR software deployment project at F.I.T Group is a key project for us this year. We are committed to putting forth our utmost effort and will assign our best personnel from VnResource to participate in the project, to ensure the achievement of set goals and timelines.”

Both sides are committed to cooperating to bring the project to completion on schedule.

The organization of the kick-off ceremony for strategic cooperation between F.I.T Group and VnResource demonstrates the determination of the Group’s leadership in the complete digitalization of the Human Resource Management System. Through this, both parties have grasped the development strategies, tasks, and spirit of work to create successful steps forward in the future. With a professional human resource system and a modern digital platform, F.I.T Group is taking firm steps forward, driving the wheel towards the goal of becoming a prosperous, multi-industry group with distinctive, premium, leading products and services, improving the quality of life; A place where talent converges and is honored by society.

The award ceremony was attended by Mr. Nguyen Van Sang, Chairman of the Board, the executive board of the Group, Mr. Luong Trong Hai, General Director of DCL, Ms. Nguyen Thi Nga, General Director of VKD, the F.I.T Champion winners for Quarter 4 & Year 2023, and all employees of the Group.

In his opening speech, Mr. Nguyen Van Sang stated that the F.I.T Champion is a special program that deeply reflects the F.I.T Group’s identity, aligning with the core values and the spirit of “Selling with the Heart” of the Group. “2023 was a very challenging year. However, the F.I.T Champion winners overcame the difficulties, achieving more than 100% of their sales targets. Among them, VKD stood out by maintaining growth momentum, evidenced by its presence in all F.I.T Champion awards. Congratulations to VKD and its young, passionate team for a potentially even more explosive year in 2024, and to all the staff members who won in 2023. May the F.I.T Champion continue to grow.”

The Quarter 4 champions from the DCL Hanoi branch were honored at the Group’s Office.

The 11 champions honored for Quarter 4 and Year 2023 were recognized for their outstanding sales achievements, reaching over 100% sales targets. Among them, Ms. Nguyen Thi Thanh Thuy (VKD sales staff) set a record by winning the two most important awards: the Quarter 4 and the Year 2023 awards, receiving $6,000 in cash and 12,000 FIT shares. The other ten Quarter 4 champions included Mr. Do Ly Anh Khuong (SS VKD); Mr. Nguyen Cong Thương (SS VKD); Mr. Le Ba Kham (VKD sales staff); Ms. Bui Thi Loi (VKD sales staff); Ms. Truong Thi Truong Van (VKD sales staff); Ms. Le Ngoc Tram (VKD sales staff); Mr. Nguyen Thanh Tai (VKD sales staff); Mr. Nguyen Dac Thanh Lam (VKD sales staff); Mr. Do Minh Dong (DCL sales representative) and the DCL Hanoi branch.

The F.I.T Champion winners for Quarter 4 & Year 2023 in Khanh Hoa were also honored.

The F.I.T Champion winners for Quarter 4 & Year 2023 will receive awards including trophies, certificates, cash, and FIT shares. This year’s Quarter 4 & Year 2023 awards were impressive, with the total prize value amounting to hundreds of millions of VND.

At the ceremony, Ms. Nguyen Thi Nga, General Director of VKD, expressed her pride that VKD had champions in all the F.I.T Champion periods of 2023. “This is a noteworthy and commendable point not only for the individual champions but for all VKD employees. However, I hope everyone will not rest on their laurels. The goals for 2024 are challenging but achievable. I believe with support from the Group and VKD’s management, along with our inherent strength, we will continue to make 2024 a brilliant journey.”

Ms. Nguyen Thi Nga speaking at the event.

Proud and honored as the champion of Quarter 4 and Year 2023, Ms. Nguyen Thi Thanh Thuy shared that she always strives every day, “Every morning before going to work, I commit to completing my tasks. Additionally, I persistently introduce and share the value of Đảnh Thạnh natural alkaline mineral source to everyone, promoting it through Facebook, Zalo, etc. Today, receiving this award, I would like to thank Chairman Nguyen Van Sang and the VKD management for always supporting and motivating me to strive every day.”

F.I.T Champion is an annual award for the business segment champions of the Group, honoring the most outstanding individuals and teams by Quarter and Year. The awards not only motivate the sales team but also create a competitive spirit, driving growth in each sector to achieve the Group’s strategic objectives.

More than just encouraging individuals with outstanding achievements, the F.I.T Champion plays a significant role in promoting the development process of each unit, ensuring a solid step forward for F.I.T in its journey to realize the vision of becoming a prosperous, diversified conglomerate with unique, leading-quality products and services, improving the quality of life.

The event was attended by Chairman Nguyen Van Sang, along with board members, the Group’s Executive Board, Subsidiaries, and the collective staff of the entire Group.

A comprehensive view of F.I.T Group’s 17th anniversary of its foundation

At the 17^th anniversary celebration, Chairman Nguyen Van Sang stated: “F.I.T Group’s journey to Enhance the quality of life still has many more ambitious goals and challenges ahead, but I believe that with the passion and the pioneering spirit of youth, strong determination, creativity, and intelligence, F.I.T Group will overcome these challenges and reach proud milestones, contributing to the sustainable development of the Group and bringing practical value to the community and society.”

Over 17 years, F.I.T Group has embarked on a proud journey with a steadfast goal of creating a reputable and strong brand in the market, while also bringing practical values to shareholders, customers, partners, employees, and the community and society.

Founded in 2007 as a financial investment company, with the ambition to enter into highly potential business sectors and the executive board’s experience in strategy development, operations management, finance, and business, F.I.T Group has made the right move in selecting industries to invest in based on its strengths. After 17 years of preseverance in fulfilling the mission of “Enhancing the Quality of Life”, F.I.T Group has truly shown remarkable development, becoming an economic group in various potential industries and making a mark in four key segments: Pharmaceuticals; FMCG (including Beverages and Cosmetics); Agriculture – Food, and Real Estate.

According to the latest financial report for Q4/2023, F.I.T Group is currently a multi-industry group that has 18 subsidiaries, with total assets reaching almost 7,725 billion VND, revenue in 2023 reaching nearly 1,754 billion VND, and charter capital of approximately 3,399 billion VND.

In the Pharmaceuticals segment: Duoc Cuu Long (DCL), a member of F.I.T Group since 2015, is the largest unit in Vietnam capable of producing high-quality empty capsules (capsule) with a modern production line from Canada. In 2023, DCL achieved a revenue of over 1,170 billion VND, an increase of 13% compared to 2022; total assets increased from 2,105 billion VND to over 2,277 billion VND; owner’s equity increased from over 1,392 billion VND to over 1,451 billion VND. With continuous efforts to improve and enhance the health of the Vietnamese people, last year, DCL was honored to receive many major awards, contributing to confirming its position such as: Top 10 reputable brands in Asia; Top 10 best places to work in Vietnam; Cefixim 200 product brand awarded the Top 10 quality products.

In the Beverage business: After acquiring Vikoda in 2016, F.I.T Group implemented a strategic transformation, product positioning, and successfully built the reputation of Vikoda in the beverage market. To date, the company’s revenue has grown nearly 200% compared to before F.I.T Group’s investment. Net income in 2023 recorded a more than 40% increase compared to 2022. Besides providing superior health benefits, the products in the beverage business of the Group, especially the natural alkaline mineral water brand Vikoda, have made a strong impression on consumers by becoming a health care drink that originates from the essence of nature, and at the same time spreads positive energy about achieving a balanced life. Currently, Vikoda is present in most provinces and cities nationwide with over 1000 partners in distribution channels, including 173 supermarkets, 3600 convenience stores, 50 luxury resorts, more than 70 4-5 star hotels, and reputable e-commerce platforms that offer the company’s products on a daily basis.

In the Cosmetics segment: F.I.T Group owns 2 companies: F.I.T Cosmetics and Today Cosmetics with superior production capacity and a wide distribution network across the country. The personal care and family care products of F.I.T Group have become familiar to Vietnamese families. With a clear strategy in developing product lines from natural sources, safe for users and environmentally friendly, in 2023, F.I.T Group successfully led the biotechnology trend in Vietnam by continuing to launch the Tero Biotechnology product line produced with multi-enzyme technology, with 100% enzymes from Europe.

In the Agriculture – Food segment: Focusing mainly on processing and exporting frozen and canned agricultural products worldwide, Westfood, a subsidiary of F.I.T Group, is increasingly affirming its stature and reputation internationally, with two main product lines of IQF frozen fruits and canned fruits being present and favored in many countries and continents around the world. According to Vietnam’s 2022 export figures, Westfood is currently ranked fourth in terms of export value for frozen fruits, and is among the top 10 companies for canned fruit exports. In September 2023, the Hau Giang Agricultural and Food Processing Factory Complex (Westfood Hau Giang Plant) officially began construction in the Hau River industrial zone, Hau Giang province. Once completed, Westfood Hau Giang is expected to be one of the largest agro processing plants in the Mekong Delta, annually supplying over 30,000 tons of finished products to meet domestic consumption and export demands worldwide.

In the Real Estate sector: F.I.T Group focuses on steady and firm progress, targeting the mid and high-end segments with practicality as a priority. Alongside the mission of “Enhancing the Quality of Life”, F.I.T Group is working towards a balanced combination of profit and sharing values about the community and society.

The event was a moment not only for each individual to look back on the Group’s 17 years of proud development but also to ignite the united spirit and determination of the entire Board of Directors and staff to embark on a new era of sustainable prosperity. With a professional personnel system and a systematic business strategy, F.I.T Group is taking firm steps towards the goal of becoming a prosperous, multi-industry group with distinctive, top-quality products and services, enhancing the quality of life; a place where talent is gathered and honored by society.

Application of Technology in Operations Using the OGSM Model

On April 6, 2023, F.I.T Group officially signed a cooperation agreement with Base Enterprise Corporation (Base), initiating the project to create a digital work environment on the Base.vn platform. This event is considered crucial in the group’s digital transformation plan.

Since its establishment, F.I.T Group has always implemented business management, set goals, developed plans, and measured business effectiveness using the OGSM (Objectives – Goals – Strategies – Measurements) method. OGSM is a framework that helps the group build and promote its comprehensive strength across employees, departments, subsidiaries, and leaders, ensuring unified, sustainable development in the past, present, and future.

In 2023, recognizing digital transformation as a significant opportunity to optimize the centralized management of the group’s and its subsidiaries’ operations in various sectors according to the OGSM strategy, the F.I.T Group’s leadership determined the long-term goal of digitizing business management. They were committed to optimizing OGSM operations through three Base solutions: Base Work+, Base Info+, and Base HRM+. All activities will be entirely digitized, and all tasks will be processed on the Base software, considered F.I.T Group’s digital workspace.

“The focus on digital management development is a leap forward, making the implementation of OGSM smoother and more effective, helping F.I.T Group quickly achieve its vision of becoming a prosperous, multi-industry group with distinct, leading, high-quality products and services, improving the quality of life,” said Mr. Nguyen Van Ban.

With the cooperation between F.I.T Group and Base, upon the project’s launch, the group’s leadership expects that within two months, the project will achieve its goals: reducing 80% of paperwork, increasing work speed and efficiency by 200%, and centralizing 90% of information flows on the Base system.

The successes achieved

Alongside the partnership with Base, in May 2023, F.I.T Group continued to collaborate with FPT IS to deploy the F.I.T Business management software. After six months of diligent implementation, on November 20, 2023, the Centralized Data Warehouse and F.I.T Business Management Reports were completed, tested, and officially launched as planned. The project utilizes the DWH solution developed by FPT IS combined with Salesforce’s BI Tableau solution, achieving the objectives: Successfully building an intelligent management reporting system; centrally storing management data with the capability to standardize and aggregate data automatically; and automating the collection of management data, thereby maximizing the effectiveness of F.I.T Group’s data resources.

Golive ceremony to press the button to operate the F.I.T Business Management Software deployment project

The F.I.T Business management software provides F.I.T Group’s leadership with six groups of management information, including: Accounting and Finance – Revenue – Budget – Production – Human Resources – Purchasing. Management data is automatically synchronized from member companies and five data source systems with various analysis dimensions to help the leadership make timely, accurate decisions.

Mr. Nguyen Van Ban stated, “To date, digitizing management has helped the group’s leadership improve management tasks, effectively use data for a comprehensive overview of business execution, as all operational information will be quantified and detailed. Quantitative reports aim to evaluate the actual operational activities of F.I.T Group, enabling the leadership to make quick, accurate decisions from anywhere and on any device, laying a solid foundation for the implementation of the group’s long-term strategies.”

The Decisive Factor is Still Human

“Digital transformation and digitization of management activities based on digital technology are essential, but digital technology is only a tool. Instead, people are the greatest asset, the foundation, the core element determining the success of the entire system,” emphasized Mr. Nguyen Van Ban.

Understanding this, in the process of building and developing the group, F.I.T Group has always focused on strategic human resource management, leading in talent development, and continuously innovating human resource solutions to build and develop an elite, lean, passionate, dedicated, and proactive team ready to implement strategies and corporate culture with 5 core values: Sincerity; Desire to win; Excellent execution; Continuous improvement; Compliance.

According to Mr. Nguyen Van Ban, digital transformation is not merely a shift in technology but also includes changing mindsets and applying new ways of thinking to how each staff member works within the entire Group, creating a modern, dynamic work culture. This approach helps attract and develop a talented team, both in terms of professional skills and digital management skills, giving F.I.T Group a competitive edge in the labor market, attracting talents to the Group for a stable and sustainable development resource for the business.

Digital Platform – A Solid Strategy for Realizing Future Aspirations

Discussing the digitalization operation plan, Mr. Nguyen Van Ban further shared that, over the next five years, digital transformation is determined to be one of the core strategies to help F.I.T Group perfectly achieve its long-term goals and challenges. “We will accelerate digital transformation comprehensively and continuously across all areas of the Group, down to each department, team, and employee, enabling the Group and its member units to maximize overall strength, respond flexibly to the strong changes of the economy, and create momentum for sustainable growth and development in the future,” Mr. Ban stated.

Implementing digital transformation is a long-term process that requires adaptive capacity and strong, decisive deployment capabilities. However, with the unity and determination of both the leadership and all employees, F.I.T Group is integrating into the national digital transformation wave. The goal is that by 2027, F.I.T Group will become a multi-industry conglomerate with a billion-dollar market capitalization and hundreds of millions of USD in revenue, offering superior products and services that contribute to serving and enhancing community health and life quality.

Facing an uncertain economic landscape, F.I.T Group concentrated on closely following its action strategies while also innovating products, investing in factory construction, infrastructure, enhancing employee knowledge and experience, and implementing digitization across the Group.

By the end of 2023, F.I.T Group reached over VND 7,724 billion in total assets; consolidated net revenue for Q4 2023 exceeded VND 573 billion, a 20% increase compared to the same period in 2022 and reaching a peak over the past six quarters. After deducting expenses, pre-tax consolidated profit for Q4 2023 exceeded VND 56.5 billion, a 5.4-fold increase; post-tax consolidated profit for Q4 2023 was over VND 49 billion, nearly an 18-fold increase compared to the same period last year.

In the Pharmaceutical/Medical Equipment sector, by the end of Q4 2023, cumulatively from the start of the year, DCL achieved over VND 1,170 billion, a 13% increase compared to 2022; total assets increased from VND 2,105 billion to over VND 2,277 billion; equity capital rose from over VND 1,392 billion to over VND 1,451 billion. To achieve these results, DCL invested in expanding production lines and building new factories to meet the increasing quality demands of the market. 2023 also marked a strong digital transformation for DCL, a significant step in the company’s digitization journey. A clear strategy and development orientation in digital transformation have enhanced management work, efficient data use, supported the leadership in making crucial, accurate decisions, and established a solid foundation for implementing long-term strategies.

Beverage business: In 2023, the Group’s beverage business recorded a more than 40% increase in net profit compared to 2022. With the advantage of owning the only natural alkaline mineral water source in the country with a natural pH of 9.0, Danh Thanh, the Group and its subsidiaries vigorously engaged in brand activation activities, promoting brand recognition among consumers. The company’s products were welcomed in nearly all provinces and cities nationwide with over 1000 distribution partners, including 173 supermarkets, 3600 convenience stores, 50 high-end resorts, more than 70 4 and 5-star hotels, and reputable e-commerce platforms supplying the company’s products daily.

Cosmetics: In 2023, FIT Cosmetics successfully launched the Tero bioproducts line, including biological laundry detergent, dishwashing liquid, floor cleaner, quickly gaining consumer favor. These products use multi-enzyme technology, with 100% of enzymes from Europe, leading the biotechnology trend in Vietnam. The success of the Tero bioproducts affirmed the Group’s clear strategy with the goal of developing natural origin product lines, providing consumers with high-quality, environmentally friendly products, ahead of the Green consumption trend.

Agriculture – Food: In 2023, TSC achieved a revenue of VND 478 billion. Profit before tax and net profit both showed positive signals compared to last year. In the food sector, in September 2023, the Hau Giang Agricultural Food Processing Plant Complex (Westfood Hau Giang Plant) officially began construction in the Hau River industrial zone, Hau Giang province, and is expected to commence operations in Q1 2025. Upon completion, Westfood Hau Giang is expected to be one of the largest agricultural processing plants in the Mekong Delta, providing over 30,000 tons of internationally certified processed agricultural products annually for domestic consumption and export.

Based on the business results in 2023, F.I.T Group has set development goals for 2024:

In the Pharmaceutical field: Commit to maintaining growth in core business areas: empty capsules, pharmaceuticals, and medical equipment. The company expects to complete the installation of the HVAC system, connect the main machine line, and officially commission capsule line 5 for use in Q1 2024; continue to ensure the construction progress of the Benovas Medical Equipment Manufacturing Factory and the EU-GMP Pharmaceutical Factory, enhancing production capacity to meet domestic demand and aim for international markets.

In the Beverage business: Focus on improving and diversifying product lines, intensifying branding activities, expanding distribution channels and customer networks, offering consumers superior health care solutions, the essence of nature.

In the Cosmetics sector: Continue the strategy of developing Personal Care and Family Care product brands towards green, environmentally friendly trends, and safety for health when used, notably the Tero Bio brand.

In the Agriculture – Food sector: Restructure current industries towards reducing the proportion of business activities that are no longer strengths, continue to leverage activities that are effective for the company. Along with the construction of the Westfood Hau Giang plant, the company will continue to focus on developing products that are currently strengths of Westfood such as IQF, canned products, fresh MD2 pineapple… while also developing new product categories and new products that meet global export trends. For the raw material development project, the company will continue to expand the MD2 pineapple area and other raw materials such as papaya, Chu mango, Kaew mango… to stabilize the input material volume and quality for export purposes.

In the Real Estate sector, F.I.T Group aims towards the mid and high-end segments with practicality as a priority to create sustainable profits for the company.

The workshop was attended by the Group’s leadership, member companies, and all staff at the Hanoi office, as well as branches in Nha Trang, Ho Chi Minh, Vinh Long, and Long An. The goal of the workshop was not only about sales but, more importantly, Chairman Nguyen Van Sang hoped that all employees would embrace the philosophy: Working with all one’s heart – A philosophy that has led to over 16 years of success in building and developing F.I.T Group.

“Using tricks in work or sales is just a temporary approach and is not sustainable. To build a solid position and sustainable development, we need to work with our hearts, and only ‘by heart’ can we maintain a lasting position for our products and services. At F.I.T Group, I require all employees to work and sell from the heart. This is the common value that creates the quality of F.I.T people: proactive, reliable, straightforward, and sincere,” emphasized Chairman Nguyen Van Sang.

With many years of experience in management, finance, and business, Chairman Nguyen Van Sang brought to the workshop valuable lessons about the laws and principles of sales; the laws and principles of selling from the heart; and sales processes for B2B, B2B2C, and media channels. The training content, closely linked with practical examples from the Chairman’s own experience, helped employees grasp techniques of selling from the heart; ways to exchange information for professional collaboration; and consolidate the language and value of working “by heart” throughout the Group.

The training session attracted the participation of all Group employees.

After the workshop, employees understood the common values and language pursued by the Group, and acquired skills to work and sell from the heart. “The training session was very useful and changed many of my views on working. Other businesses often target the greed and fear of customers to sell, but F.I.T Group does not. We sell products designed to meet practical needs and improve the quality of life for consumers. This is a very humane philosophy, creating a difference between us and other businesses,” shared a representative from the Sales department.

Sustainable development is identified as the top priority strategy of F.I.T Group. One of the important foundations to implement this strategy is human resources. Currently, with the requirement to develop a team of skilled officers with modern management knowledge, sharing a common value base and working methods, ensuring the maximum exploitation of the current human resources and training the next generation, is a vital task for every business. Understanding this, over the years, F.I.T Group has focused on training and enhancing the experience and knowledge of employees. The teachings from the Chairman, CEO, Directors, etc., have contributed to enriching and consolidating the knowledge, skills, and experience for all Group employees, helping them understand and recognize the mission, vision, and core values, thereby increasing their understanding and connection with the organization they work for.

This marks the 17^th-year that the VNR500 – Top 500 Largest Enterprises in Vietnam ranking has been officially announced. As a prestigious ranking built on independent research and evaluation according to international standards by Vietnam Report and annually published by VietNamNet, the VNR500 brand aims to recognize and honor the worthy achievements of large-scale enterprises operating effectively and sustainably, excelling through difficulties in the unpredictable domestic and global economic contexts.

Overcoming stringent evaluation criteria regarding financial capability, actual revenue, growth prospects, total assets, growth potential, media credibility, as well as surveys of experts and consumers, F.I.T Group has impressively continued to be among the Top 500 Largest Enterprises in Vietnam in 2023.

“F.I.T Group is very proud to continue to achieve a high ranking in the VNR500. This once again affirms the stature, position, financial strength, and brand reputation of F.I.T Group – a leading multi-industry economic group in Vietnam, over its 16-year journey of formation and development. With the mission of Enhancing the Quality of Life, F.I.T Group is committed to continuing efficient business operations, ensuring green and sustainable growth, and creating value for the company’s shareholders, partners, and customers,” shared a representative of F.I.T Group.

Over 16 years of establishment and development, F.I.T Group has continuously grown stronger. According to the Consolidated Financial Report for Q3/2023, F.I.T Group achieved over 7.271 trillion VND in total assets, over 5.739 trillion VND in equity capital, over 3.399 trillion VND in charter capital, and has over 3,000 employees with 18 member companies across the country.

The Group’s business sectors have also reaped outstanding achievements:

In Pharmaceuticals/Medical Equipment: the revenue for the first 9 months of 2023 reached 774 billion VND, exceeding 13% compared to the same period last year. The products under the DCL brand are increasingly establishing their reputation among consumers.

In the Beverage business: the first 9 months of 2023 recorded a 52% increase in net profit. Brand activation activities were vigorously implemented, enhancing brand recognition among consumers, especially for natural alkaline mineral water Vikoda.

In Agriculture – Food sector: In the first 9 months, TSC achieved 347 billion VND in revenue, equivalent to 36.2% of the annual plan. Net profit showed positive signs compared to the same period last year.

In the Biochemical Cosmetics sector: Tero’s biological products, shortly after their launch, quickly won consumer affection, contributing to the green consumption wave through the use of safe biological cleaning products derived from enzymes, ensuring health safety for the entire family.

In 2023, despite the unpredictable changes in the domestic and global economic situation, with the united determination of the management and all employees, and the support of shareholders, partners, and customers, F.I.T Group continued to maintain efficient and sustainable operations, fulfilling its social responsibilities, moving towards realizing its vision of becoming a prosperous, multi-industry group with unique, high-quality, leading products and services, improving the quality of life.

The Top 500 Leading Employers of Vietnam 2023 is an annual assessment, survey, and ranking program regarding the scale of labor, work environment, and employee satisfaction, evaluated by job candidates as well as related parties in enterprises in Vietnam. This program has socio-political significance aimed at raising awareness among the community, businesses, and workers about the image, reputation, and the importance of using and developing human resources, building corporate culture, and attracting talent. This year’s award was impressive with the advisory participation of the National University of Singapore.

Ms. Vu Thi Minh Hoai – Deputy General Director of F.I.T Group received the trophy for “Top 500 Leading Employers of Vietnam 2023

Overcoming stringent evaluation criteria, F.I.T Group has excelled in ranking, being in the Top 500 Leading Employers of Vietnam (VBE500). This is a tremendously proud milestone as F.I.T Group is honored in this prestigious category for the second time.

Over the years, F.I.T Group has focused on human resource management strategically, pioneering in talent development and continuously innovating HR solutions to build and develop an elite, lean, passionate, dedicated, and proactive team, ready to implement the strategy and corporate culture with a strong group identity. In March 2023, F.I.T Group announced a new Brand Identity with 5 core values: Sincerity; Desire to Win; Flawless Execution; Continuous Improvement; Compliance. F.I.T Group builds and develops a corporate cultural value system in each stage associated with the Development Strategy, especially promoting strong execution capabilities, adaptability, and spreading new cultural values in the digital transformation era.

Aiming for the journey of the second consecutive year in the Top 500 Leading Employers of Vietnam, F.I.T Group constantly strives to build a work environment where employees can maximize their potential with dedicated leaders, to connect the core values cultivated over the years.

This award is a deserved recognition of the contributions and efforts of the entire Board of Directors and staff of F.I.T Group over the past time

Speaking at the event, Ms. Vu Thi Minh Hoai, Deputy General Director of F.I.T Group emphasized: “At F.I.T Group, each individual is developed with a suitable growth path. Training a successor leadership team from within the Group’s own personnel is the long-term development strategy of F.I.T Group. Along with that, we focus on building a good working environment, reasonable remuneration policies, and deserving recognition and rewards for the contributions of workers. From there, each staff member forms a sense of pride in becoming a part of the Group’s overall development.”

A strong cultural foundation and the construction of a clear and suitable development path have given F.I.T Group a competitive advantage in the labor market, attracting talents to commit to the Group; creating a unique brand identity and culture, thereby contributing to a stable and sustainable development resource for the business.

With persistent efforts and great achievements, F.I.T Group has affirmed the position of a multi-industry Vietnamese economic group, thus being continuously honored by reputable domestic and international organizations in many award categories and titles such as: Top 10 Typical Enterprises Asia; Business with a Typical M&A Strategy for the period 2009-2023; Top 3 Fastest Growing Private Enterprises in Vietnam 2017; Vietnam Gold Star Award 2015;…