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Hoa Sen Group recognized as Global Growth Company at WEF

Released at: 14:31, 22/04/2015

Hoa Sen Group recognized as Global Growth Company at WEF

Giant Vietnamese steelmaker named as one of six fastest-growing companies in East Asia.

by Thu Hoang

The World Economic Forum (WEF) meeting in Jakarta named five companies in Southeast Asia and one in east-central Asia as being among the East Asia Global Growth Company (GGC) finalists. The Hoa Sen Group was Vietnam’s only representative, joining others from Thailand, Malaysia, Indonesia, and Mongolia.

“The WEF is proud to recognize these six companies, which are at the forefront of driving responsible economic growth, job creation, and entrepreneurism in East Asia,” Mr. David Aikman, Managing Director and Head of New Champions, said at the WEF.

The WEF defines GGCs as “fast-growing companies with the potential to become global economic leaders. Drawn from a broad cross-section of industry sectors, GGCs share a track record of exceeding industry standards in revenue growth, the promotion of innovative business practices, and the demonstration of leadership in corporate citizenship.”

The Hoa Sen Group is a leading enterprise in manufacturing and trading steel sheets in Vietnam and the leading exporter of steel sheets in Southeast Asia. Selected as a GGC, the Group joins the existing GGC community of over 380 enterprises worldwide. It contributed to the Forum’s meetings, projects and knowledge products, which in turn supported it on its path to achieving responsible and sustainable growth.

The WEF in East Asia, with the theme “Anchoring Trust in East Asia’s New Regionalism”, wrapped up in Jakarta on April 21.

List of East Asia Global Growth Company (GGC) finalists

  1. Amata Corporation (Thailand)
  2. Grab Taxi (Malaysia)
  3. Hoa Sen Group (Vietnam)
  4. Sritex/Sri Rejeki Isman (Indonesia)
  5. Tokopedia (Indonesia)
  6. Trade and Development Bank (Mongolia)

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