April 14, 2018, Hanoi, Vietnam, Panasonic Vietnam is honored by the Golden Dragon Award 2018 as the leading brand in Vietnam’s consumer electronics industry for its positive contribution and continuous effort to the growth of consumer electronics industry in particular and the socio-economic development in general.
“The year of 2018 is an important milestone that marks the 100th year anniversary of Panasonic Corporation. The world has changed significantly since our establishment but our commitment still remains unchanged, which is constantly contributing to society for Live Your Best. The 2018 Golden Dragon Award not only recognizes our efforts to fulfill this commitment in the Vietnam market for the past nearly 50 years but also further reaffirms that our unwavering business philosophy is the foundation for the corporation’s sustainable development. This award is also an encouragement and a great inspiration for us to continue the next 100 years of contributing to the prosperity and sustainable development of Vietnam as well as improving the quality of life for Vietnamese people.” Highlighted by Mr. Matsushita Kazuhiro, General Director of Panasonic Vietnam.
The nearly five decades of Panasonic’s presence in Vietnam has seen the company grow into a leading consumer electronics brand reaching a sales turnover of $ 1 billion in 2017, recording growth across almost all businesses and a total investment of $ 243 million. The group of Panasonic companies in Vietnam is now the workplace of approximately 8,000 employees with 7 affiliated companies including 5 factories, having a full range of businesses from R&D to manufacturing, sales & distribution, customer service and corporate social responsibility (CSR).
In addition to the leading position in consumer electronics, with the vision to become a pioneering B2B total solutions provider from housing, town to commerce, Panasonic expects to create a new image in Vietnam’s market in order to meet the growing demand for housing, transportation, air quality, security, lighting, logistics, factories, etc.
As part of its business in Vietnam, Panasonic is well known for its diversified corporate social responsibility activities. One highlight is Panasonic Risupia Vietnam, being established with free admission since 2010 and has welcome more than half a million of students and visitors so far. Other activities including Panasonic scholarship program supporting Vietnamese students to realize their dreams, 100,000 solar lantern project to support remote communities with no electricity, Eco relay with annual tree planting “For a Green Vietnam” and Kids Witness News program, etc.. are already known by public as being implemented annually by Panasonic Vietnam for years.
The Golden Dragon Award has been hosted by Vietnam Economic Times since 2,001 and is considered as a prestigious award by the FDI community. Its major aim is to recognize, appreciate and encourage FDI enterprises that achieve outstanding business performance, providing environment-friendly solutions, technologies or services, acting in accordance with tax obligations, ensuring labor benefits and active in social contribution, etc.