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Unveiling Vietnam’s Best Managed Companies 2024 winners
HO CHI MINH CITY, 19 August 2024 – Deloitte Vietnam unveiled the winners of the 2024 Vietnam Best Managed Companies awards. Now in its fourth year in Vietnam, this prestigious program honours four outstanding local businesses for their organisational achievements and impactful contributions to their industries and the economy.
This year, one company achieved the Gold Standard for the first time, having received the Vietnam Best Managed Companies designation over four consecutive years, underscoring their consistent demonstration of excellent management practices. With this achievement, these companies now join the inaugural cohort of Gold winners among Southeast Asia's Best Managed Companies. This community offers opportunities to share insights and best practices, facilitating networking with other top-performing companies to foster learning and industry growth.
In addition, the awards program welcomed three winners who have newly qualified as Best Managed Companies. This recognises their sustained commitment to exceptional organisational practices and performance.
To attain a Best Managed Company designation, applicants went through a rigorous assessment conducted by a panel of independent and multi-disciplinary judges. Their evaluation was centred around the program’s four pillars: strategy, culture and commitment, capabilities and innovation, as well as governance and financials. This evaluation framework draws on Deloitte’s benchmarking of top private companies worldwide over more than 30 years of the awards’ global history.
Press contact:
Ms. Ngan Do
M: 0934 375 789
Email: ngando@deloitte.com
| Vietnam Best Managed Companies 2024 Winners |
|
| Company |
Industry Sector |
|---|---|
| Returning winner (Won 4 consecutive years - Gold Standard) |
|
| Pham Nguyen Confectionery Company | Food & Beverage Manufacturing |
| First-time winners | |
| Nhat Tin Logistics | Logistics |
| OnPoint Holdings | E-commerce |
| Lotus Food Group JSC | Food Manufacturing and Distribution; Consumer Goods; Restaurants and Retail |
Mr. Bui Van Trinh, Partner, Vietnam Best Managed Companies Leader, Deloitte Vietnam said: “The private business community has been taking on an irreplaceable role in our domestic market. With more than 33 years of experience in Vietnam, Deloitte understands the importance and contribution of the private sector in our national economy. Through the Best Managed Companies program, we want to honour Vietnamese private businesses and accompany them to the goal of sustainable development as a reliable partner. The program is not only to celebrate and honour these companies but also help them connect with other business leaders and entrepreneurs, fostering a global community of excellence.”
CHUA How Kiat, Best Managed Companies Leader, Deloitte Southeast Asia, said: “The winners of Best Managed Companies awards stand out for their innovation, purpose-driven value creation, industry leadership, commitment to sustainability, active talent engagement and customer-centric mindset. Having witnessed the evolution of the winners through the awards process, particularly for those who have participated over recent years, it is remarkable to see how they have raised the bar for success among private businesses in the region.”
The winners have been invited to join the 2024 Southeast Asia Entrepreneur Summit in Jakarta, Indonesia on 5 November 2024, for a day of knowledge sharing, networking, and marketplace recognition.
The Vietnam winners join a global network of Best Managed Companies comprising more than 1,300 organisations from 46 countries across Asia Pacific, the Americas, Europe, and Middle East, and is launching across Africa.
The Vietnam Best Managed Companies application process provides participating companies with the opportunity to comprehensively assess their entire business, guided by Deloitte subject matter experts. This evaluation encompasses performance, management practices and strategic goals. This year, the program welcomes new members to its independent judging panel: Mr. Nguyen Quang Thuan, Chairman of FiinGroup, Chairman & CEO of Fiinratings; Ms. Nguyen Thi Minh Giang, Co-Founder & Partner of Culture and Leadership of Newing Company.
Best Managed Companies is a flagship program presented by Deloitte Private, a division of Deloitte exclusively focused on serving private clients of all sizes.
About Vietnam Best Managed Companies program
Best Managed Companies is a global awards program recognising privately held companies for their organisational success and entrepreneurial spirit.
This program provides a distinct framework for management teams to challenge themselves and benchmark against some of the best private companies in the world.
The Best Managed Companies program was established in Canada in 1993. It has since expanded to 46 countries across Asia Pacific, the Americas, Europe and Middle East, and is launching across Africa. There is a global network of over 1,300 outstanding companies, and these companies come together as a community to build alliances and share insights.
For more information on the awards program, visit the Vietnam Best Managed Companies website.
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