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Sai Gon General Service Corporation (Savico) and its affiliates won Vietnam Gold Star Award 2013

69 - 2013

Sai Gon General Service Corporation (Savico) was honor to be awarded Top 100 of Vietnam Gold Star Award 2013 and the 03 subsidiary companies namely Eastern Sai Gon Toyota Joint Stock Company, Toyota Long Bien Limited Company, Sai Gon Automobile Limited Company (Saigon Ford) also reached the Top 200 of Vietnam Gold Star Award which is jointly organized by the Vietnam young Entrepreneurs Association, Vietnam Youth Union.

Mr. Nguyen Binh Minh, Savico Deputy General Director received the Vietnam Gold Star Award

 Vietnam Gold Star Award is one of the first awards of complete evaluation criterions system for Vietnamese prestige, typical brands and enterprises in Vietnam. The evaluation procedure and awarding are based on 4 groups of criteria including the competitiveness of products , the quality and technology, environmental impact and customer services. By evaluating the enterprise performance in term of such above mentioned criterion as well as on-site careful review at enterprise premises, the organization unit of Vietnam Gold Star Award can make sound selection for the ward winner. The criteria and evaluating process can make the attraction to all enterprises involved and highlight the image of leading enterprises in Vietnam.

Experienced for more than 30 years of development, Savico has achieved some encouraging success; Despite of difficulties and challenges for the national economy, Savico reached the consolidated revenues of 121 % , profit before tax of 102 % compared to the assigned plan in 2012. Especially for the first 06 months of 2013, the business in the automotive units has prospered, resulting in the higher consolidated business results for the whole corporation: Estimated sales and services at 48 % of the plan, increasing 127 % comparing to that of the same period: Estimated consolidated profit before tax can reach 61 % of the plan, increasing 180 % comparing to the same period.

Joining Vietnam Gold Star Award since 2007, with the 2013 Award, Savico has recorded to its success with 06 consecutive wining of Top 100. At the same time, the subsidiary companies (Eastern SaiGon Toyota Joint Stock Company, Toyota Long Bien Limited Company, Sai Gon Automobile Limited Company (Saigon Ford) gained this award. Moreover, in 2013, Savico has received high appreciation from reputable organizations such as Vietnam Assessment Joint Stock Company (Vietnam Report), Ho Chi Minh City Stock Exchange and the Investment Review as being voted at the rank No. 111 in the Top 500 Biggest Enterprises in Vietnam (VR 500), the Top 30 Best Annual Report. Such awards represent the firm spirit, collective efforts of the entire corporation in overcoming the challenges of the market to complete the business tasks, showing the stable development, the effective contribution to the state budget and good care for the life of nearly 2000 employees, improvement of human resources quality and environmental & social responsibility, customer & shareholders , investors trust. With its Vietnam Gold Star Award, Savico is proved to be one of the most prestigious brand in Vietnam, creating a solid steps in its process of internationally economical integration.