“VRG Khai Hoan has outstanding business results” – Mr. Pham Van Thanh
CSVNO – That is the comment of Mr. Pham Van Thanh – Member of the Board of Directors of VRG at the Conference on summarizing the production and business in 2020 and the direction for 2021 of the VRG Khai Hoan JSC, held on January 23. In 2020, VRG Khai Hoan has superior business results compared to the plan assigned by the Group. Contribution of revenue of 10,806 billion VND to the Group. The company has far exceeded its plan in the export of Vglove brand products
Outstanding in quality standards and certifications
In the South of Vietnam, there are 5 enterprises producing medical gloves, of which 4 companies have factories located in Binh Duong province. Up to this point, only VRG Khai Hoan Joint Stock Company has met the relevant technical standards, certificates and licenses to export to the US and European countries where complicated Covid-19 changes are occurring.
VRG Khai Hoan received the excellent emulation flag from the State Capital Management Committee in Enterprises
VRG Khai Hoan JSC produces main products in VGlove brand such as powdered, powder-free rubber gloves, nitrile examination gloves and sterilized surgical rubber gloves. The company has been maintaining the application of the quality management system according to strict international standards. The company also received FDA certificate 510K for export to the US, CE Marking certificate for export to Europe, Certificate of the Ministry of Health and Certificate of conformity of Center 3.
Business performance of VGlove far exceeding expectations
As a result in 2020, VRG Khai Hoan has production output of 2,442 billion products (exceeding 2% of the plan); consumption of 2,641 billion products (over 4% of the plan). Revenue 1,839 billion (exceeding 28% of the plan). Profit before tax 4480 billion (exceeding 199% of the plan). Profit after tax 3580 billion (exceeding 198% of the plan). Contributed to the State budget 910.2 billion VND (over 181% of the plan). Take good care of 1,250 employees, average income is 12.7 million VND / person / month. Unexpected reward for 1,450 employees with excellent achievements in the labor emulation movement with the amount of 27 billion VND. During the year, VRG Khai Hoan donated nearly 800 million VND to social security activities.
In 2020, VRG Khai Hoan will keep the production rate as before the epidemic, and have plans to expand the scale and production capacity, with up to 80% of the quantity is exported to US and Europe; The remaining 20% is sold mainly at medical facilities. Currently, VRG Khai Hoan is operating at maximum capacity, reaching multi-million units per month, but still cannot meet the needs of new partners and domestic agents.
The Company Union received the excellent emulation flag of the Vietnam Rubber Union
Strong business development plan for 2021
The key task in 2021, the company is determined to strive to complete the business plan with the highest level, create resources to preserve and develop the assigned capital, complete the budget payment target. Conditions to improve employee’s life and implement the company’s development strategy to make VGlove a global brand for the period 2020-2025.
Mr. Duong Duy Phu – General Director of VRG Khai Hoan awarded at the conference
Plan in 2021, production output of 2,408 billion products of all kinds of gloves; consumption of 2,414 billion products of gloves of all kinds. Total revenue 2,251 billion. Total profit before tax 5800 billion. Total profit after tax 4640 billion. The rate of profit before tax / revenue 25.78%. The rate of profit before tax / chartered capital is 200.08%. Submit to the State budget 1180 billion. Continue to streamline the organizational system in a streamlined manner, operate synchronously and effectively to achieve development goals of VGlove brand.
Company towards sustainability; build a contingent of dedicated, skilled workers and keep the process.
Conference scene
Improve the life standard for the employees of the VGlove factory
Speaking at the conference, Mr. Vo Thanh Giau – Deputy Secretary of Party Committee, Chairman of People’s Committee of Bau Bang district, Binh Duong province highly appreciated the outstanding results of VRG Khai Hoan. “I am very impressed with the company’s revenue, profit, and income. The company has taken good care of the employees with an income of over 12.7 million VND / person / month, which is very high compared to the local average (Bau Bang district has an average income of nearly 7 million VND / person. /month). In the past time, the company has given affection to the locality in activities to care for the poor, social security … contributing to local development. I believe that in the coming time, VRG Khai Hoan will develop further, being the district’s leading enterprise ”.
Conference scene
Speaking at the conference, Mr. Pham Van Thanh – Member of the Board and Directors of VRG acknowledged and appreciated the company’s results in the past year. “In 2020, VRG Khai Hoan has outstanding business results with VGlove brand, contributing 1,806 billion dong in revenue to the Group. Entering the year 2021, taking advantage of favorable conditions. The company also promotes the construction of green campuses, improves roads, factories, utility works for employees etc. The company continues to change product structure. between factory 1 and factory 2. Especially, VRG Khai Hoan needs to increase VGlove brand coverage in Vietnam and global market in the coming period ”.
The teams received certificates of merit from VRG
Great contribution to the overall development of Vietnam Rubber Union (VRG)
At the conference, VRG Khai Hoan received the excellent emulation flag from the State Capital Management Committee in Enterprises. The Company Union received the excellent emulation flag of the Vietnam Rubber Union (VRG); VRG awarded certificates of merit to 8 collectives and 10 individuals and gave certificates of merit to 8 collectives and 10 individuals; The company gave certificates of merit to 12 individuals with excellent performance.
Mr. Vo Thanh Giau – Deputy Secretary of Party Committee, Chairman of People’s Committee of Bau Bang district, Binh Duong province, spoke at the conference
Mr. Pham Van Thanh – VRG Board Member speaking at the conference
Mr. Ngo Minh Loi – Trade Union Chairman of Khai Hoan VRG awarded at the conference
