Kim Tin Group has had an amazing promotion, moving up 90 positions from 2019 to 2020, according to the VNR500 Ranking - Top 500 Largest Enterprises in Vietnam in 2020 released by Vietnam Report in partnership with VietNamNet Newspaper.
The Top 500 Largest Enterprises in Vietnam 2020 were announced on November 10, 2020, by Vietnam Report and the online publication VietNamNet. The largest businesses in Vietnam that have achieved outstanding accomplishments in production and commercial operations are recognized by the VNR500 Ranking, which has been researched and published for the fourteenth consecutive year. Vietnam Report also revealed the Top 500 Largest Private Enterprises in Vietnam for 2020 in addition to the Top 500 Largest Enterprises in Vietnam for 2020.
The VNR500 list is primarily based on total revenue as well as other business performance evaluation criteria (total assets, total employees, growth rate, profit, and corporate reputation in the media) to determine the current state of the overall strength of the business, according to Vietnam Report.
After the transparent evaluation procedure, the Kim Tin Group Joint Stock Company was placed 279th out of the 500 largest businesses and 152nd out of the 500 largest private businesses in Vietnam. Despite many obstacles and challenges from the worldwide COVID-19 pandemic breakout with very convoluted developments and a violent trade war between major economies in the world, this is a very encouraging indicator for efficient and stable production and economic activities throughout the years.
Having developing into a multi-sector manufacturing and trading company, Kim Tin Group now produces and trades goods concerning welding materials, non-ferrous metals, MDF boards, MDF products, mining and logistics services, and real estate. Kim Tin Group employs more than 2500 people, provides direct and indirect customer service, and exports to 24 different nations, making it the top producer of welding materials in Vietnam.
In addition, Kim Tin Group has invested heavily in the manufacturing and selling of MDF boards. Kim Tin MDF and FSC Vietnam factories have a combined capacity of 500,000 m3/year, accounting for 20% of the MDF board market. Additionally, Kim Tin Group is investing in the high-end Sala hotel chain in the following provinces: Phu Yen, Da Nang, Nha Trang, and Phan Thiet, in addition to expanding its Logistics system with warehouse services, import and export customs clearance, transportation, and distribution of commodities.
Kim Tin Group has specific aims to keep growing its market share in the welding materials sector between 2020 and 2030 in order to continue developing responsibly. These plans include utilizing and processing wood both domestically and internationally. In addition, Kim Tin continues to invest in developments of industrial real estate, rental properties, and a variety of new sectors.
Website Kim Tín Group: https://www.kimtingroup.com/
Fanpage Kim Tin Group: https://www.facebook.com/TapdoanKimTin/
Marketing Department