In particular, 2024 marks the fourth consecutive year that C69 has been honored to receive the Top 500 Fastest Growing Enterprises in Vietnam FAST500 with the spectacular result of 79/500, while continuing to maintain the title of Top 50 Excellent Growth Enterprises in 2024. This is an outstanding achievement of C69 in the recent period, demonstrating its stability and growth amidst the difficulties and uncertainties that the global and Vietnamese economies have been experiencing.
FAST500 is a prestigious ranking based on the research and independent assessment results of Vietnam Report, officially announced for the first time in 2011. Accordingly, the enterprises in the ranking must simultaneously satisfy multiple evaluation criteria from experts. These criteria include having stable business activities in 4 consecutive years up to the time of announcement; having an average annual growth rate in revenue (CAGR) for 4 consecutive years and high, stable business efficiency (total assets, profit, capital efficiency, asset efficiency, etc.); strictly complying with legal regulations; and making significant contributions to the community and society. These enterprises play an important role in driving economic growth and are considered “rising stars” and take pride in being ranked in the FAST500 due to the program’s independent evaluation and investigation principles.
It is worth noting that the top enterprises included in the FAST500 ranking this year are all pillars in the construction and real estate sectors that have achieved remarkable successes in providing high-quality products for customers, making significant contributions to society and community, establishing reputation and positive images with the public and the investment community, and demonstrating their strong capacity and resilience in facing market challenges in recent times, especially in the context of a significant drop in revenue and profit for many enterprises in the market. This is also C69’s core business sector, so C69’s stability, breakthroughs and upgrade in the rankings are well-deserved recognition.
C69, in the journey to realize its 5-year transformation plan (2021-2025) with the strategy of transforming its business model into a Holding model, focuses on the goal of sustainable development and implements drastic actions to firmly consolidate internal capacity and flexibly adapt to external changes and potential risks. This adaptability has helped C69 maintain its growth rate and sustain a good growth momentum in revenue and profit year by year. In recent years, C69 and its subsidiaries have become enterprises with significant scale and rapid growth in the market, maintaining the number 1 market share in Hai Duong province in automobile trading, being a large enterprise in commerce and manufacturing, possessing long-standing capacity in construction, residential real estate, and industrial real estate, with projects and works across many provinces and cities such as Hai Duong, Bac Ninh, Son La, Dak Nong, etc. Meanwhile, it has expanded into the international market by exporting construction materials.
Most recently, C69 was also honored at the “ASEAN Strong Brands” award ceremony with the “Product – ASEAN Quality Service 2024” award within the framework of the Vietnam – ASEAN Economic Cooperation Forum held in Singapore on April 20, 2024.
The consecutive honor of two prestigious awards is a testament to the achievements resulting from the continuous efforts and determination of C69’s management and all employees in a journey of more than 20 years, adhering to the goal of “sustainable development” while always upholding the spirit of “Prestige – Quality – Collaborative development” with all partners, customers and the community.
