TBS Group has jumped into Vietnam’s top 10 prosperous companies in the latest 2017 release announced by Vietnam Report and the Vietnamnet.vn online newspaper.

The figures have shown the group’s crucial role, outstanding achievements, and significant contributions to the prosperity of the country and communities.

Outstanding achievements in business activities

In 2016, TBS Group experienced a period of high growth. In its fashion industry production alone, TBS was fifth in the top 10 biggest leather shoe producers and fourth in the biggest handbag manufacturers in Vietnam. TBS is the owner of a global value-added chain supplier with several world-class product development centres and highly qualified human resources.

The company also had significant growths in the sectors of financial investment: Investment & Asset Management, Hospitality, Logistics Center and Retail, contributing to its overall business growth in 2016.

Ambition to maintain its leading position

TBS is as strong as FDI companies in the same sectors, and has considerable financial strengths and business advantages for a high-class company. Therefore, the company has chosen its way and taken responsibility as a leading company to make the greatest efforts possible to be among the top 10 biggest global chain suppliers in the footwear and handbag industry by expanding its R&D centres, giving priority to employing Vietnamese executives, as well as taking the first steps to move its factories to areas which can attract sustainable local workers.

Maintaining elements for sustainable development

The context of Vietnam improving its global integration requires better products and services for the markets and partners. The company must also improve its reputation, choose appropriate investment strategies for the future and maintain sustainable growth in business activities and social communities.

With its great vision, TBS Group has planned to make differences in competition by focusing on maintaining high quality for its products and services, making sufficient investments in research and development, expanding its production activities, increasing work performance, cutting on production costs, strengthening the workforce and improving executives and skilled workers.

TBS Group has always been making necessary improvements to satisfy the needs of all the five concerned parties, namely customers, workers, suppliers, shareholders and the society. Together with improving its business development, the company has always paid special attention to fulfilling its responsibility for its 32 thousand plus employees and the community

In 2016, TBS Group launched the “learning and strengthening the organization” campaign, aiming to improving its high-tech employees by training and using them for its research and development activities so that the company can always introduce strategic products.

The company has also worked with and provided appropriate financial support for universities in an effort to create opportunities for students to have hands-on experience as well as encourage research activities at the concerned universities, thereby ensuring a new and trained workforce for the company’s business development in the future.

The company’s significant community activities include providing support for educational activities, construction of schools, and scholarships for employees. The company has also provided financial support for charity activities in the community, construction of free houses for poor people, and other social welfare activities like offering support for flood-affected people in the country’s central region and raising funds for war-affected people.

TBS’s leaders have made long-term plans for these social activities because they are not only the company’s responsibilities for the society, but they also reflect its good reputation and ensure the promises made by the war veterans working for TBS.

TBS Group – Together we Build our Success