IPPG was honorably listed in Top 500 most profitable companies in Vietnam in 2019

11 - 11 - 2019

According to September announcement of Vietnam Report & VietnamNet newspaper on September 25, 2019, Imex Pan Pacific Group (IPPG) was honoured to be in the Profit 500 list - The ranking of Top 500 most profitable companies in Vietnam. In 2019, Ms Le Thi Lan Phuong, Acting Director of IPP Hanoi, represented IPPG to receive the certificate of the Organizing Committee in the official announcement ceremony held on November 6, 2019 in National Conference Center (Ha Noi).   

Profit 500 is an annual award to honour businesses that have the potential to make good profits and have the potential to become a pillar for the development of Vietnam's economy. The companies on this list also contribute to proposing Vietnamese business brands to the domestic and international business community. Businesses participating in the survey all assessed that their production and business activities this year were more prosperous than the previous year. 82% of companies think that 2019 revenue is expected to increase compared to 2018, and 79% believe that profit after tax will also increase compared to 2018.


Listed in Profit 500 is a worthy milestone of IPPG in the last months of 2019

Meeting the rigorous criteria required by the Profit 500 ranking, IPPG once again affirmed its name and position. It's becoming one of the businesses with many positive contributions to Vietnam’s economy.  The place in "The ranking of Top 500 most profitable companies in Vietnam" also thickens the impressive leaderboard that IPPG owns during more than 34 years of establishment and development: more than 340 Medals and Certificate of Merits from Vietnam government medals for efforts to contribute to the development of the country and community.

At the panel, Vietnam Report included survey questions regarding application of technology in the Profit 500 business community. The good news is up to 48% of businesses stated they are currently advancing technology investment; 44% are slowly investing, changing step by step in business operations.


IPPG is one of the outstanding private companies over the previous years

With strategic vision, IPPG soon recognized the benefits of technology in the growth and development of the corporation, such as transparency; streamline business progresses; established innovative ways to effectively manage customers, suppliers, stakeholders, employees; enhanced adaptability to changes; quickly grasped business opportunities ... Therefore, IPPG has "aggressively" invested millions of dollars in information technology systems and infrastructure such as ERP including Oracle HRM, CRM and smart retail POS....

Meeting the rigorous criteria required by the Profit 500 ranking, IPPG once again affirmed its name and position. It's becoming one of the businesses with many positive contributions to Vietnam’s economy.  The place in "The ranking of Top 500 most profitable companies in Vietnam" also thickens the impressive leaderboard that IPPG owns during more than 34 years of establishment and development: more than 340 Medals and Certificate of Merits from Vietnam government medals for efforts to contribute to the development of the country and community.

Imex Pan Pacific Group (IPPG) was founded by Mr Johnathan Hanh Nguyen in 1985, and he is currently IPPG’s Chairman. IPPG is one of the leading multi-industry corporations, an exclusive retailer and distributor of over 100 top-world brands, an investor of luxury shopping malls and an owner of over 1,000 high-end retail stores. Also, IPPG one of the investors of Cam Ranh International Terminal and duty-free stores at major airports all over Vietnam. Every year, IPPG pays 1,950 billion VND to the national budget for tax and creates 25,000 jobs.