TBS Group: third year among Top 10 Vietnam Sustainable Businesses

Deputy Prime Minister Vuong Dinh Hue and chairman of the VCCI Vu Tien Loc jointly awarded the enterprise certificate to TBS Group

2018 is the third consecutive year that TBS Group was evaluated and recognised as a Vietnam Sustainable Development Enterprise (manufacturing sector), and is also honoured to be for the third consecutive year on the list of the Top 10 Vietnam Sustainable Businesses compiled by the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Business Council for Sustainable Development (VBCSD).

More than 25 years of creativity and growth has enabled TBS Group to become a leading multi-sector enterprise, providing integrated solutions to clients ranging from footwear, handbags, and investment and asset management to logistics, hospitality, and retail.

TBS group was rated by 131 criteria of the 2018 Corporate Sustainability Index (CSI), such as maintaining stable economic growth, making good progress and ensuring social justice; rational exploitation; economical use of natural resources; as well as the protection and improvement of the living environment.

In terms of economic growth, TBS Group continues to maintain steady growth, with six key business sectors – manufacturing of footwear and handbags, logistics, retail, real estate, and tourism – to maintain its position as a leading domestic enterprise with the goal of turning into a global enterprise.

Going a step further, during nearly 30 years of operations, TBS Group has always strived to be a prestigious brand, not only for its financial potential, but also for its professionalism in providing services and building trust and relations with customers, workers, suppliers, shareholders, and the society at large.

Besides the achievements in key sectors, TBS ranked fifth among the top 10 leather footwear enterprises and the fourth in the bag-making industry in Vietnam. Representative offices, factories, and TBS products are present in many countries around the world, such as America, Europe, and Asia.

With an international outlook, TBS has a global value chain with a closed supply chain, mastered systems technology, and has several international product development centres, and making sure experts, professionals, and technicians are well-trained to master the technologies of the industry – they can design and create quality products that fit the tastes of their customers as well as meet the increasing demands of partners. This is also the core force helping the corporation to catch up with changes brought about by Industry 4.0.

In the field of financial investment, the sectors of real estate investment and industrial infrastructure, ports and logistics, tourism, as well as trade and services are also developing continuously, contributing to the growth of TBS’ business.

In addition to the strong economic growth, TBS has also paid great attention to the care of over 40,000 employees in order to maintain and develop long-term human resources. This is an important mission and a leading objective in corporate sustainability. TBS has taken specific actions such as paying close attention to welfare and occupational safety policies, building housing facilities for workers, and building trade unions at each facility to subsidise health workers or the DECA-HEALTH project which conducts on-site visits and on-the-job training, and training activities.

At the same time, TBS has been a “silent warrior” for the community – TBS has always carried out its annual social and community responsibilities locally and nationally through constructing charity houses and schools; sponsoring community and cultural events; participating in training young talent at universities; providing support facilities for graduate students at the university; expanding factories to rural localities to create more jobs for the people; creating a child protection fund in Binh Duong; providing relief to people in flood-prone areas; and contributing to meaningful cultural activities in order to pay tribute to heroic martyrs.

TBS is also committed to keeping the environment green in the entire business and production activities of the group, by investing in advanced infrastructure systems; modern wastewater treatment system; training of technicians who shall be responsible for controlling all possible risks to the environment, managing, protecting, and using efficiently and economically the electricity and water resources; taking initiative in cutting down the usage of raw materials by applying an advanced Lean model.

TBS’s inclusion for three successive years in the Top 10 Vietnam Sustainable Businesses is evidence of the corporation's commitment and endless effort to contribute to the community and the nation on all three sustainability pillars, including economic development, society, and environmental community.