Hung Hai Thinh Joint Stock Company (Vietnam)

The subject has existed in this industry for 19 years. Mr. Nguyen Minh Chinh and Ms. Nguyen Thi Thanh Tuyen remain its shareholders although there were many changes in the investors. This implies that they have familiar with doing the business in Vietnam in order to build relationships with financial institution and many experiences in forming strategy, planning and preparing budget as well as strategic implementation. For example, based on our source, it is ranked at the third position in top 10 companies in the same industry.In addition, they have voted its policies. For example, they decided to invest in technology – ERP which is expensive. This means that they perceived that integration of departments will have the same information across the company and avoid inconsistently information between these departments. On the media search, in 2020, SS4U coupled with Hung Hai Thinh Jsc deployed ERP to integrate its all operations such as purchasing, inventory, sales, production, HR, financial accounting. It has expanded by developing new projects since 2016 (see detail in commentary below).