Phu Thai Holdings Picture: Ecosystem of big, prestigious brands

Implementing a multi-industry investment strategy with the leverage of joint ventures with major international partners, Phu Thai Holdings Group has increasingly affirmed its position as one of the leading multi-industry distribution & investment groups in Vietnam, possessing a widespread ecosystem in many potential fields. Multi-industry ecosystem The Phu Thai brand was established in 1993 (formerly Phu Thai Company Limited, later Phu Thai Group) by businessman Pham Dinh Doan, operating mainly in the fields of trade, business and distribution of consumer goods. Starting a business at a favorable time when the Enterprise Law had just come into effect, opening up new opportunities for the private economy , Phu Thai is considered the first generation of private enterprises to lay the foundation for the development of a modern distribution and retail model in Vietnam. With success in the distribution sector, Phu Thai continues to expand and promote investment scale, creating a diverse business ecosystem in many fields and spread across the country including: Consumer goods distribution, Industrial machinery and engines, Automobiles, Fashion, Production and trading of veterinary medicine, Development of real estate projects, Technology companies and Start-ups, Education, Healthcare, Life Style, ...

Phu Thai Holdings owns a widespread ecosystem in many potential fields.

After 30 years of development, Phu Thai Holdings is now known as a large multi-industry distribution, investment and business group. The Group's workforce is up to 5,000 people, a system of nearly 50 member companies and a network of offices, branches, chain stores, warehouse systems, factories, etc. located in all provinces and cities across the country. With the desire to bring products and services to improve the quality of life of Vietnamese people, Phu Thai Holdings Group is constantly expanding its ecosystem through a strategy of promoting cooperation with reputable international partners. Specifically, such as: Multinational corporations P&G, Caterpillar (USA), Jaguar - Land Rover (UK), PON (Netherlands), Elphinstone (Australia), BJC (Thailand), Itochu, Watakyu, Colowide (Japan), Medion (Indonesia) ... According to Mr. Pham Dinh Doan, in the development roadmap, Phu Thai Holdings will continue to operate in a professional and internationalized direction. Choosing to "join hands" with "foreign" partners is a way to effectively accelerate the integration process with the world , taking advantage of the capacity and competitive advantages of international corporations, avoiding confrontation with the direction of mutually beneficial cooperation and always accompanying the development of the Vietnamese economy. In fact, this plan was implemented by the founder of Phu Thai Holdings Group many years ago to build a model of a multi-industry private economic group, developing sustainably to create Vietnamese brands that can compete globally. Steady growth with a series of famous brands Along with a wide ecosystem, Phu Thai Holdings Group's growth rate is also positive with an average growth rate of 20-25%/year. Information from the Group said that the net revenue scale in 2022 of Phu Thai and its member companies reached more than 10 trillion VND, an increase of nearly 170% compared to 2020. The member companies of Phu Thai Holdings Group that have made outstanding contributions to the revenue structure include Phu Thai Industrial Company Limited (commonly known as Phu Thai CAT). Phu Thai CAT is the sole official agent of Caterpillar in Vietnam, a corporation that manufactures construction machinery, mining equipment, diesel engines, natural gas engines and industrial gas turbines, the world's largest. According to the agreement signed with Caterpillar in mid-2023, it is expected that in the next 10 years, Phu Thai CAT will import about 3-4 billion USD worth of products such as excavators, bulldozers, engines, generators, marine engines, mining equipment, oil and gas equipment, etc. to serve the needs of Vietnam's economic development. Phu Thai Industrial Company Limited is also one of the 1,000 largest taxpayers in Vietnam. In the automobile sector, Phu Thai Holdings is the exclusive importer and distributor of two British luxury car brands such as Jaguar and Land Rover, including genuine spare parts in Vietnam, through Phu Thai Mobility Company. In the fashion sector, Kowil Fashion Joint Stock Company of Phu Thai Holdings is a leading enterprise in the field of developing high-end fashion store chains with brands familiar to Vietnamese consumers such as Owen, Winny... KOWIL Vietnam is currently a key member with a stable growth rate in the Phu Thai Holdings ecosystem. Also in the field of consumer goods distribution, Phu Thai Group Joint Stock Company (Phu Thai Group) is developing and orienting itself to become the leading company in consumer goods distribution in Vietnam. In the field of veterinary medicine and livestock farming, the member company Green Vet Vietnam Joint Stock Company (Green Vet) specializes in developing veterinary medicine products in the field of livestock and poultry farming, veterinary medicine using biosafety technology... This is also an area of ​​activity that the Group focuses on long-term investment to take advantage of the growth potential of the livestock industry - a field with many strengths in Vietnam's agriculture . Following the fields of distribution and multi-industry investment, Phu Thai Holdings Group is entering an expansion phase with a strong development strategy in the next 10 years (2024 - 2033) to become one of the leading economic groups in Vietnam. Great aspiration of the head of Phu Thai Besides the impressive growth of Phu Thai, Chairman Pham Dinh Doan is also known as one of the typical businessmen with great aspirations to contribute, making many positive contributions to activities promoting the strong development of the Vietnamese business community. These aspirations have been effectively realized by him through many meaningful and practical activities. It is known that the Chairman of Phu Thai Group is particularly interested in the startup movement, with the slogan "knowledge charity", he regularly meets, shares, and advises the business community and startups. He is currently the Chairman of BK Fund of Hanoi University of Science and Technology and a member of Thinkzone Fund - the largest local venture capital fund in Vietnam, focusing on technology startups. Phu Thai Group is also promoting the startup investment sector through the establishment of Bifrost Investment Group in 2020, focusing on finding investment opportunities for the Group as well as Vietnamese and international partners.

Mr. Pham Dinh Doan, Chairman of Phu Thai Group, spoke at the meeting between the Government Standing Committee and representatives of Vietnamese businessmen.

Sharing his aspirations, Chairman Pham Dinh Doan affirmed: The development of Phu Thai Holdings Group will always follow four directions: transparency, compliance with the law, professionalism, internationalization and always be placed in the common development of the country. At the meeting between the Standing Government and representatives of Vietnamese businessmen on October 11, 2023, Chairman Phu Thai also affirmed that Vietnamese businessmen and Vietnamese people are not inferior to any country in the world; not only have the aspiration to enrich themselves but also have the aspiration to enrich the country, for the nation to prosper. "Leading enterprises will decide Vietnam's position in the international arena. A strong, sustainable business community with global competitiveness and Vietnamese businessmen with a strong aspiration and national pride are important premises for Vietnam to become an independent, self-reliant and prosperous country" , Mr. Doan emphasized./.

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