Long Hau in the top 9 Vietnamese Businesses of Forbes Asia Best Under A Billion
The ranking is based on a comprehensive assessment of the overall strength of the business, according to statistics from the stock market.
Forbes magazine has published the list of Top 200 companies under A billion in Asia in 2017. This is a comprehensive assessment of the overall strength of enterprises, statistics based on the stock market in Asia - Pacific, selects businesses with annual revenue from $ 5 million to $ 1 billion.
Long Hau Corporation (LHC - Long Hau Industrial Park project owner) is one of 9 Vietnamese companies to join this list. Representatives of the company said the title is a great recognition and encouragement for the corporate team.
"We are committed to continuously develop the completed investment environment for businesses and sustainble living environment for laborers, contributing to the socio-economic development of Long An province in particular and the country in general”
Long Hau Corporation - investor of Long Hau Industrial Park
Previously, the company also received many awards and titles from organizations in and outside the country, demonstrating the performance of Long Hau Industrial Park in over 12 years of its etablishment. This is also one of the pioneers building an innovative website for the digitization of industrial parks in Vietnam, removing geographical and language barriers for businesses.
As an Industrial Park Developer established in 2006, LHC has entered the market with Long Hau Industrial Park brand, located in Long Hau Commune, Can Giuoc District, Long An Province. The area is conveniently located, 3km from Tan Cang - Hiep Phuoc port, 3km from Cat Lai port, 25km from Cat Lai port and 12km from Phu My Hung urban center.
Long Hau Industrial Park in Long Hau commune, Can Giuoc district, Long An province
The industrial park now is home of over 170 domestic and foreign enterprises operating from Japan, Korea to India, USA and Europe, in stable and diversified manufacturing enviroment. In particular, the number of Japanese enterprises accounts for 50% of the total number of FDI enterprises operating. The total value of exports by mid-2018 is nearly $ 400 million, contributing significantly to the overall growth of the province, creating jobs for nearly 21,000 workers.
In recent years, Long Hau has achieved stable business growth. Up to the end of the first nine months 2018, the company's revenue was more than VND 295 billion, 65% increased over the same period 2017. Particularly, the profit for the third quarter was more than 135 billion dong, surpassing 148% over the same period last year.
In addition to industrial land, ready-built factory, built-to-suit factory, Long Hau Corporation is pioneering to deploy the model of high-rise factory in Long An province and invest in Hi-tech Supporting Factory in the Da Nang High Tech Park.
The business support services of the industrial park are also highly appreciated by investors, as a bridge between enterprises and local authorities, between manufacturing enterprises and distributors, suppliers, between business owners and employees, towards building a strong completed industrial park business ecosystem.