On April 22 in Hanoi, Rang Dong Lighting Joint Stock Company (Rang Dong Company) held a press conference to announce a series of activities to be held on the occasion of the 60th anniversary of President Ho Chi Minh’s visit and the 20th anniversary of the establishment of Rang Dong Lighting Joint Stock Company.
Rang Dong Lighting Joint Stock Company is an enterprise established in 1961, starting as one of 13 factories that the Government and President Ho Chi Minh personally selected to build after the restoration of peace in the North.
After Rang Dong started operating for a period of time, on the morning of April 28, 1964, President Ho visited the factory and assigned the tasks of the Party and the Government to Rang Dong, namely to produce more – faster – better – cheaper; quality products with suitable prices, bringing value to consumers, benefits to the community and society.
Over the past 60 years, generations of cadres, workers, and employees of Rang Dong Company have competed to follow President Ho Chi Minh’s instructions, overcome all challenges, and continuously develop.
According to Mr. Nguyen Doan Thang, General Director of Rang Dong Company, thanks to persevering on the path of development through Science – Technology, Innovation – Creativity, and kindness, Rang Dong has built a theory of digital transformation suitable to the context, capacity and practical circumstances of its own.
In the difficult context of the Covid-19 pandemic, Rang Dong still maintained an impressive growth rate: 15.6% in 2020, 15.9% in 2021, 21% in 2022, and 20.4% in 2023. Notably, in the first quarter of 2024, Rang Dong recorded a significant growth rate of up to 32.6% compared to the same period last year.
Rang Dong has now become a leading enterprise in the lighting industry, continuously developing rapidly with the cause of innovation and industrialization – modernization of the country.
In 2024, Rang Dong will enter the third loop (2024-2025) in the roadmap of 3 loops of digital transformation: partial synchronization of expansion and complete synchronization. With the Digital Transformation strategy continuing to be implemented strongly, the Company is aiming for a new level of growth, with the target of increasing revenue from 25% to 30% annually.
In 2024, Rang Dong Company will celebrate the 60th anniversary of President Ho Chi Minh’s visit to the factory, according to Mr. Nguyen Doan Thang, this will be a start for the trend of digital transformation – green transformation; use of renewable energy, knowledge-based economy, and sustainable development of Rang Dong.
The Board of Directors of Rang Dong Company set the goal that by 2025, Rang Dong will become a high-tech enterprise, a digital enterprise, leading the lighting market in Vietnam; a pioneer in providing the Ecosystem of Products/Services – 4.0; Developing rapidly and sustainably with an annual growth rate of 25%.
In 2030, the Rang Dong brand will reach the region, with revenue in the billion-dollar range. The factor 1 average income will reach 2000 USD/person/month.
Related to the 60th anniversary celebration, according to the Board of Directors of Rang Dong Company, this will be an event with thousands of attendees, mostly generations of workers, and cadres of the Factory over the years.
The art programs will also recreate Rang Dong’s 60-year journey in the most realistic and vivid way. The event will be held at the National Convention Center, Hanoi.
