Tracodi receives PM certificate of merit

Sunday, Nov 01, 2020 11:06

Tracodi honoured with Certificate of Merit from the Prime Minster at a ceremony it held on October 30 to mark its 30th anniversary. — Photo courtesy of the company

Transportation and Industry Development Investment JSC (Tracodi), a subsidiary of Bamboo Capital Group (BCG), received the Prime Minister’s Certificate of Merit for its achievements and contributions to the country’s socio-economic development at a ceremony it held last week to mark its 30th anniversary in HCM City.

Nguyen Ho Nam, chairman of Bamboo Capital Group and Tracodi, told the event: “After more than 30 years of operations, Tracodi has become a top and reputed brand in the fields of construction, quarrying, trading, and labour export services.

“Tracodi has proved itself by being among the 500 Largest Enterprises in Viet Nam for three consecutive years and among the 50 Fastest Growing Enterprises in Viet Nam for two years.”

The Covid-19 pandemic has been a big challenge to Tracodi, and all other Vietnamese companies to implement their business plans for 2020.

However, with an effective business strategy and an enthusiastic and determined work force, the board of directors believes the company can overcome the challenges and fulfil its mission, developing an efficient, safe and effective brand name.

The company aims to achieve net revenues of nearly VND1.924 trillion (US$83 million) and profit after tax of more than VND101 billion ($4.35 million) this year, increases of 13 per cent and 6.7 per cent, Nam said.

In 2020-25 Tracodi plans to expand international co-operation and promote trading to create new growth momentum, he said.

It would also focus resources on construction and infrastructure, trading and labour export, standardising all aspects of its operations, improving management and construction capacity, market and product research, putting in place a skilled workforce, and modernising its information technology system, he added. — VNS

Comments (0)