Nguyen Chi Cong, deputy general director of Vicostone JSC (middle), receives the award from Forbes Vietnam magazine. — Photo courtesy of Vicostone

The company - a member of Phenikaa Group, has also been named as one of the 50 best sustainable companies in the Nhi Cau Dau Tu magazine’s first-ever ranking.

With Vietnam and its local enterprises enduring adversities and challenges amid COVID-19, Vicostone has made remarkable achievements with its corporate governance, high adaptability and flexibility in the face of market changes.

In 2021, Vicostone reported its total revenue and profit after tax gained respective growth of 24 per cent and 25 per cent year-on-year to more than 7.07 trillion VND and 1.77 trillion VND.

Despite the pandemic, the company’s exports to key international markets last year increased by a record rate of 38.4 per cent year-on-year to 230 million USD. Sales revenues in particular markets like Canada, Europe and Asia surged 150 per cent, 28 per cent and 20 per cent per year, respectively.

VICOSTONE products are available in more than 50 countries worldwide. — Photo courtesy of Vicostone