Panasonic Vietnam was awarded the 2018 Golden Dragon Award as the leading brand in Viet Nam’s consumer electronics industry on April 14.

The award recognised Panasonic Vietnam for its contribution to the growth of the consumer electronics industry and the country’s socio-economic development.

“The 2018 Golden Dragon Award not only recognises our efforts to fulfill our commitment in the Vietnamese market for nearly 50 years, but also reaffirms that our unwavering business philosophy is the foundation for the corporation’s sustainable development,” said General Director of Panasonic Vietnam Matsushita Kazuhiro.

“This award is also an encouragement and a great inspiration for us to continue the next 100 years of contributing to the prosperity and sustainable development of Viet Nam, as well as improving the quality of life for the Vietnamese people,” added Kazuhiro.

After nearly 50 years operating in Viet Nam, Panasonic has become a leading consumer electronics brand, with a total investment of US$243 million, reaching a sales turnover of $1 billion in 2017 while maintaining growth across all of its businesses. The group of Panasonic companies in Viet Nam recruited nearly 8,000 employees with seven affiliated companies, including five factories, having a full range of businesses from R&D to manufacturing, sales and distribution, and customer service.

Panasonic is also well known for its corporate social responsibility (CSR) programmes. Established in 2010, Panasonic Risupia Vietnam, a free of charge communication and education space, has welcomed more than 500,000 students and visitors. Panasonic Vietnam also provides scholarships to support less affluent Vietnamese students and solar lanterns to remote communities that have no electricity, along with other environmental protection and educational activities.

Hosted by the Vietnam Economic Times since 2001, the Golden Dragon Award is considered a prestigious recognition among the FDI community. The award aims to encourage and honor FDI enterprises that achieve outstanding business performance, providing environmentally-friendly solutions, technologies or services, while acting in accordance with tax obligations, ensuring labour benefits and remaining active in social contributions. — VNS