Rang Dong - Top 10 Most Famous Brands in Vietnam 2019
Mr. Le Viet Hoa - Representative of Rang Dong Company received the award of TOP 10 Vietnamese Famous Brands 2019.
The “Well-known Trademark – Competitive Trademark” award was first organized in 2006 by the Vietnam Intellectual Property Association, and is held annually to praise Vietnamese brands which have been protected, in order to empower them to compete with International brands in the time of intensive integration. Every firm voted for Famous Brand is a reputable, quality certified enterprise that affirms its brand position and reputation in the market place.
Rang Dong brand has officially been on the market since 1961. After roughly 60 years of establishment and development, Rang Dong is currently the leading manufacturer in Vietnam in the field of manufacturing and providing LED lighting products, smart green lighting systems and solutions for people’s health and happiness.
With the start of only 79.5 billion VND charter capital, which reached to 115 billion VND now, and 500 billion VND of owner’s equity, but for many continuous years, Rang Dong has been ranked by Vietnam Report Organization at TOP 500 Vietnamese largest enterprises, TOP 500 most profitable enterprises in Vietnam, TOP 1000 largest corporate taxpayers in Vietnam, TOP 500 prosperous Vietnamese enterprises, TOP 100 enterprises with the best financial management index in the Vietnamese stock market. And Forbes Vietnam ranked Rang Dong at TOP 50 of the best listed company in Vietnam.
By being selected in TOP 10 Vietnamese Famous Brand, Rang Dong once again reinforced its brand position on the market.
According to the Annual Report 2018, the company’s sale revenue reached 3,621 billion VND, marking a rise of 10.7% compared to 2017; the profit of 258 billion VND was 25.0% higher than the initial goal set by the Shareholder Committee; the average income of employees increased by 6.2% compared to 2017 and the tax contributed to the State Budget increased by 10.0% compared to 2017.