Evidence through Actions in Learning and Following President Ho Chi Minh
The Party Committee of Phong Phu Corporation, a subsidiary of the tải w88 Party Committee, has been honored as one of 25 collectives with outstanding achievements in “Studying and Following Ho Chi Minh’s Ideology, Ethics, and Style” for the 2021-2024 period by the Party Committee of National-level State-owned Enterpries’ Group. This recognition is proof of the Party Committee of Phong Phu Corporation’s decisive, concrete, and practical actions in studying and following Ho Chi Minh’s teachings, leading to significant breakthroughs in production and business activities and building a clean, strong, and comprehensive Party Committee.

Outstanding Achievement in Fulfilling Political Tasks
Phong Phu Corporation is approaching w88 bong88 milestone of w88 bong88 60th anniversary of its establishment and development. Throughout w88 bong88 continuous growth, w88 bong88 comprehensive leadership and guidance of w88 bong88 Party Committee of w88 bong88 Corporation have always played a crucial role.
Ms. Le Thi Hoang Trang- Secretary of w88 bong88 Party Cell and Deputy General Director of w88 bong88 Corporation, stated that studying and following Ho Chi Minh’s ideology, ethics, and style has been a priority throughout w88 bong88 journey of building and developing Phong Phu Corporation. In recent years, w88 bong88 Party Committee of Phong Phu has emphasized w88 bong88 pioneering and exemplary roles of cadres and party members before w88 bong88 workers. This approach has fostered unity and development within w88 bong88 entire Party Committee, leading Phong Phu towards sustainable growth, and highlighting w88 bong88 Vinatex and Phong Phu culture that has persisted for nearly six decades in w88 bong88 national textile and garment industry.
In recent years, w88 bong88 Party Committee of Phong Phu Corporation has remained steadfast in its leadership direction, enabling w88 bong88 company to leverage w88 bong88 advantages of w88 bong88 complete supply chain. This strategic approach has distinctly positioned Phong Phu as one of Vietnam’s leading producers of yarn, sewing thread, towels, and home textiles. Phong Phu is resolutely committed to becoming a fair and valued company for shareholders and employees while contributing to w88 bong88 Government and society. This commitment is realized by vigorously promoting green, sustainable business practices and deeply integrating into w88 bong88 global textile garment supply chain.
Despite facing numerous difficulties since 2021, w88 bong88 collective of Phong Phu’s cadres, party members, and workers have remained undaunted. They have resolved to overcome these challenges through many practical and synchronized solutions in management, production, business operations, and market strategies. By proactively developing scenarios and solutions for w88 bong88 company’s situation, they have ensured stable production and business activities, income, health, and welfare for employees. During w88 bong88 COVID-19 pandemic, w88 bong88 Corporation flexibly responded and found ways to ensure job stability and livelihood for workers, achieving an average annual income increase of 7.5% and maintaining annual Tet bonuses ranging from 13.5 million to 16.5 million VND per person. These efforts have helped stabilize w88 bong88 morale and lives of employees and maintained w88 bong88 confidence and beliefs of w88 bong88 cadres, party members, and workforce at w88 bong88 company.

Under w88 bong88 comprehensive and timely direction of w88 bong88 Party Committee of w88 bong88 Corporation, w88 bong88 Board of Directors and w88 bong88 Executive Committee of Phong Phu have leveraged w88 bong88 advantages and traditional strengths to amplify w88 bong88 power of w88 bong88 team. They have organized numerous activities and labor emulation movements to promote excellent and creative work, aiming to enhance productivity, and quality, reduce costs, and increase w88 bong88 competitiveness of products.
Additionally, w88 bong88 Corporation has accelerated investments in digitalization and automation technologies to ensure fast delivery times for small orders while maintaining high product quality. This strategic breakthrough aligns with w88 bong88 new market development trends that large and specialized orders are becoming increasingly rare.
A clear evidence of w88 bong88 comprehensive and effective leadership of w88 bong88 Party Committee of w88 bong88 Corporation is w88 bong88 outstanding achievement of political tasks in each period, especially during w88 bong88 most challenging times. Specifically, w88 bong88 industrial production value reached VND 1,415 billion in 2021 and VND 1,599 billion in 2023, with a growth rate of 13% compared to 2021. w88 bong88 revenue was VND 2,073 billion in 2021 and VND 2,130 billion in 2023, reflecting a growth rate of 2% compared to 2021. Tax contributions amounted to VND 68 billion in 2021 and VND 97 billion in 2023, with a growth rate of 43% compared to 2021. w88 bong88 average income in 2023 reached VND 11,260,000 per person per month, marking a growth rate of 15% compared to 2021.
Thanks to owning a “closed-loop chain” from yarn to finished products, Phong Phu has achieved “self-sufficiency” in production activities, with 100% of w88 bong88 yarn produced immediately transferred to weaving or sewing thread production. This enables w88 bong88 company to meet w88 bong88 rules of origin requirements for sewing thread and home textile exports and minimizes risks from market fluctuations. w88 bong88 Corporation is strongly moving towards green, environmentally friendly production at a high level. This not only helps Phong Phu firmly establish w88 bong88 “position” as a top choice for customers in need of textile and garment products but also affirms w88 bong88 correct development direction in its 60-year journey of building w88 bong88 brand.
Evaluating Phong Phu Corp, w88 bong88 Secretary of w88 bong88 Party Committee and Chairman of w88 bong88 Board of Directors of Vinatex Le Tien Truong affirmed that w88 bong88 Party Committee of Phong Phu Corporation has consistently directed, and oriented w88 bong88 unit to successfully restructure both in production and finance. Phong Phu has also achieved w88 bong88 best profit-to-revenue ratio among units within w88 bong88 Vinatex system, with high profit per capita.
This demonstrates w88 bong88 effectiveness of Phong Phu’s investment direction in products, technology, workforce quality, automation, and intrinsic value addition in production. With w88 bong88 goal of “Streamlined – Efficient – High Quality,” w88 bong88 Board of Directors and Executive Committee of Phong Phu have fulfilled w88 bong88 political tasks assigned by w88 bong88 Party Congress resolution and met w88 bong88 annual production and business plans set by w88 bong88 General Meeting of Shareholders.
Phong Phu has correctly implemented the training of the human resources, especially the management team, to not only meet Phong Phu’s sustainable development needs but also supply capable personnel to other units and the tải w88. These efforts embody the unique culture of Phong Phu within the overall cultural value system of Vinatex.
Spreading w88 bong88 Culture of Six Decades of Cooperation and Development Alongside Community Responsibility
Ms.Le Thi Hoang Trang shared that one of w88 bong88 core values of Phong Phu is “Cooperation and development along with community responsibility.” With w88 bong88 mission “To enhance economic potential and quality of life in w88 bong88 community through providing superior quality products and services,” w88 bong88 Party Committee of w88 bong88 Corporation has deeply implemented political tasks, harnessing internal strength and gaining w88 bong88 support of cadres, party members, and workers.
Along with implementing the Resolution of the 13th National Party Congress, the Resolution of the 3rd Party Congress of the tải w88, and the Resolution of the Party Congress for the 2020-2025 term of the Corporation’s Party Committee, Phong Phu has seen many positive changes in production and business. The company has proactively integrated, expanded investments, and improved policies for workers, driving growth and making practical contributions to the restructuring process of the unit, the Group, and the development of the country.

To continue successfully implementing w88 bong88 Resolutions of w88 bong88 Party Congresses at all levels, w88 bong88 Party Committee of w88 bong88 Corporation aims to build a team of cadres, party members, union members, and workers that meet w88 bong88 demands of w88 bong88 new era. They encourage them to emulate learning and following Ho Chi Minh’s ideology, ethics, and style, actively engage in creative labor, fulfill w88 bong88 unit’s political tasks, and care for w88 bong88 material and spiritual life of workers. They also participate in policy design and supervision, protecting w88 bong88 legitimate rights and interests of workers, and actively building w88 bong88 Party, w88 bong88 government, and w88 bong88 unit, making significant contributions to w88 bong88 development of Vietnam’s textile and garment industry.
w88 bong88 Phong Phu brand is increasingly well-defined among customers both domestically and internationally. In learning and following Ho Chi Minh’s ideology, ethics, and style, w88 bong88 Party Committee of w88 bong88 Corporation always emphasizes w88 bong88 importance of building culture, people, and corporate culture. In Phong Phu, w88 bong88 values of unity, creativity, honesty, and professionalism are key to creating “soft power” for breakthroughs in business activities.
w88 bong88 most important aspect for Phong Phu today is preparing w88 bong88 workforce and building a professional, friendly working environment for all employees. w88 bong88 guiding principles of w88 bong88 Party Committee, Board of Directors, and Executive Committee of w88 bong88 Corporation are transparency, objectivity, and fairness in distributing value to all parties: w88 bong88 State, shareholders, workers, and stakeholders. This is linked to social responsibility and a strategy for sustainable and green development, spreading a unique cultural message, “for a richer quality of life.”
| Since 2021, w88 bong88 units within w88 bong88 Corporation have implemented 196 projects and initiatives, reducing unreasonable costs with a total benefit value of nearly VND32.5 billion. Additionally, 112 collectives and individuals have been awarded a total of 2.78 billion VND in rewards. Apart from excelling in w88 bong88 production labor emulation movement, w88 bong88 Corporation has also performed well in social charity work, showing gratitude and supporting w88 bong88 Central region in overcoming w88 bong88 aftermath of storms and floods. It has provided financial support for w88 bong88 construction of bridges in Long An and Bac Lieu, built charity houses, and contributed funds for purchasing vaccines and protective gear for COVID-19 prevention, amounting to more than 17 billion VND. |






