Over the years, under the leadership and direction of the Central Military Commission and the Ministry of National Defence (MND), Thaison Group has unceasingly devoted effort to surmounting difficulties, improving its task performance, enhancing its international integration, and gradually asserting the brand of “Thaison” both at home and abroad. In 2021, in addition to advantages, the Group was confronted with a lot of difficulties as it has many member companies operating in various sectors, stationed in different areas. Besides, COVID-19 pandemic, particularly its 4th wave within Southern provinces and cities negatively impacted on socio-economic development and the group’s production and business. Supply chains were disrupted, production was halted, and cargo transport was extremely difficult due to localities’ social distancing measures. Many of the Group’s projects on construction and bomb, mine, and explosive clearance were stopped or behind schedule. Commerce and services were restored slowly. The Group’s vocational training courses were postponed for many times, while a number of partners asked for a reduction in land rent. Against such a backdrop, the Group’s Party Committee and Board of General Directors (BGD) have proactively, creatively, synchronously implemented measures to both foster production and business and effectively prevent and combat COVID-19 pandemic as the “dual goal” in order to contribute to maintaining the quality of production and business and raise the Group’s brand, with a focus on the following.

First of all, the Group has continued enhancing the work of political and ideological education to raise cadres, employees, and workers’ awareness of the requirements of production and business in the new condition. This measure is of importance to the Group’s task performance. Grasping the guidelines on combining economic development with defence and security set by the Party and the Central Military Commission, the Group Party Committee has issued a resolution on this task, while the BGD has designed an action plan for that resolution in accordance with the Group’s tasks and operational areas and the country’s socio-economic development trend. Grounded on those documents, the Group’s member companies and affiliated units have developed their own resolutions and action plans properly, with significance attached to conducting the work of political education and ideological management to raise their staff members’ awareness of the “dual goal.” They have also taken the improvement in the brand as the target of all activities. Under that spirit, the Group’s affiliated offices and units have rendered their cadres, employees, and workers fully aware of the requirements of production and business during the fight against COVID-19 and the enhancement of the Group’s brand both at home and abroad. Focuses of education have been placed on clarifying Thaison’s tradition, position, tasks of production and business, advantages, and difficulties in both long and short term as well as responsibility of each collective and individual for the implementation of measures of COVID-19 prevention and control. The Group has required its affiliated offices and units to grasp their cadres, employees, and workers’ ideological developments, encourage their staff members to dedicate themselves to work, and seriously rectify wrongdoings in production and business. As a result, all cadres, employees, and workers have always been fully aware of their duty, actively, self-consciously overcome difficulties and the pandemic, and successfully fulfilled their assigned missions, thus making contributions to raising Thaison’s product quality and brand.

Discussing the progress of construction

Adhering to regulations on pandemic prevention and control and focusing on improving the quality of constructions and competitiveness in domestic and regional markets represent a significant measure adopted by the Group’s Party Committee and BGD. The Group has directed its affiliates to design and intensify measures of COVID-19 prevention and control, ensure their staff members’ health on construction sites, and create a safe work environment. It has also required its affiliated offices and units to adopt proper measures for dealing with fluctuations and increases in the price of construction materials. As for construction projects invested by the State, it has submitted proposals for adjusting total investments and accepted payment for contractors according to the market price. Meanwhile, regarding construction projects using private capital or social resources, it has recommended investors to share difficulties with contractors so as to accelerate production and construction progress under contracts and ensure the absolute safety of personnel and property. Besides, it has well carried out forecasting work to prevent risks during bidding activities and guarantee sufficient, timely funding for constructions. Significance has been attached to improving personnel’s capacity and the effectiveness of construction equipment, actively acquiring and hiring machinery and equipment for construction, and cooperating with capable contractors to take the initiative in investing in and bidding for large-scale projects and increase competitiveness. The Group has successfully taken part in online bidding as one of its most noticeable achievements in construction task. Moreover, due attention has been paid to enhancing the image of “Thaison Group,” asserting the Group’s status in the country, and gradually entering regional and global markets.

Due to the pandemic’s complex developments, the Group has required its affiliated offices and units to strictly conform to regulations on COVID-19 prevention and control by the Ministry of Health and the MND and formulate plans on supplementing insurance and funding for each staff member on construction site.

Moreover, the Group has attached importance to making a breakthrough in business and trade, stepping up its international integration, and raising its brand. Being fully aware of the development of the renewable energy market with many incentive mechanisms from the Government, the Group has proactively made investment in many renewable energy projects. In order to encourage the development of its trade, export, and import, it has signed contracts with both domestic and foreign partners to import live cows from Brazil for Vietnam’s market. Besides, it has fostered cooperation with its partners from South Korea and Japan in distributing fashion items and household goods for domestic and regional markets. It has maintained its sale of construction materials, such as steel and concrete. Due attention has been paid to ensuring the supply of construction materials to create a favourable condition for construction projects implemented by the Group’s affiliated offices and units, member companies, and joint venture companies. The Group has also marketed materials domestically to increase revenues.

To meet the increasingly demanding task requirements, the Group has continued seeking for more partners and customers, maintaining cooperation in business projects effectively and safely, developing potential products, and enhancing trade promotion within both domestic and foreign markets. Great value has been attached to bettering the sale of construction materials, food, fashion items, household goods, and live animals. The Group has participated in building a closed supply chain for animal husbandry and developing it into a key business model with a stable growth rate, while proactively investing in potential hi-tech projects to guarantee a strong, reliable, and sustainable brand. It has actively implemented projects on selling hi-tech products and made preparations for the Project on “green construction materials - adhesives and Geopolymer concrete.” Consideration has been given to importing equipment and machinery to facilitate construction projects of the Group’s affiliated units as an incentive for developing business within domestic market and increasing revenues. Significance has been attached to exporting medical equipment and materials (face masks and medical and industrial gloves) to other countries, especially the U.S. and South Korea.

For the building of a “compact and strong” Group to increase its competitiveness and brand in the world market, the Group’s Party Committee and BGD have focused their leadership and direction on business restructuring. Right after the issuance of Decision 2070/QĐ-BQP, dated July 2nd, 2020 by Minister of National Defence on approving the Project on 30 business fields of military enterprises, the Group re-registered at the Business Registry Office under the Department of Planning and Investment of Ho Chi Minh City. In 2021, it continued stepping up its restructuring work and improving its operational efficiency under the motto of sustainable development and stable growth. Besides, it has effectively maintained its operations in construction, real estate, trade, and services. At the same time, it has expanded its operations in a number of supporting industries to enhance its productivity and business quality. Due attention has been paid to proactively divesting capital from four companies. The Group has opportunely consulted the MND and competent offices about dealing with its contributed capital at Thaison Investment Joint Stock Company, Thaison Saigon Real Estate Joint Stock Company, and Viet So Investment Joint Stock Company. To meet the requirements set by economic integration and make preparations for the work of equitisation, it has cooperated with localities in reviewing national defence lands under its management. Importance has been attached to settling backlogs and financial issues as the basis for the equitisation of the Group under the MND’s direction.

Bringing into play its achievements and tradition, in the upcoming time, cadres, employees, and workers of Thaison Group will keep further improving the quality of production and business, building an “exemplarily, typically” comprehensively strong unit, and bringing the brand of “Thaison” to a new height.

Sr. Col., Dr PHAM GAP, Chairman of the Board, General Director of Thaison Group