Masan High-Tech Materials has been named to Vietnam Report's Top 50 Vietnam The Best Awards in 2022

N.P.M 19:27, 06/01/2023

On 5th January, Masan High-Tech Materials was honored in the Top 50 Vietnam The Best 2022 at the VNR500 awards ceremony, co-organized by Vietnam Report and VietnamNet.


Top 50 Vietnam the Best are exemplary enterprises selected from VNR500 that not only boast an impressive growth rate in 2022 but also make significant contributions to the community, society and national budget during the integration period.

Having met all the above criteria, winning this award continues to affirm the leading position of Masan High-Tech Materials in Vietnam’s industrial mineral industry with outstanding achievements in revenue scale, capital efficiency, stable and sustainable profit growth and strong corporate social responsibility implementation. 

In the first 9 months of 2022, Masan High-Tech Materials recorded positive business results: net revenue reached VND 11,651 billion, up 21% compared to the same period last year; EBITDA increased by 36% to reach VND 2,548 billion. Besides, the Company contributed over VND 1,054 billion in the State budget and approximately VND 2 billion to social security activities in Thai Nguyen province. 

During its operation, Masan High-Tech Materials has excellently met the following criterias: efficiency in the use of capital; stability in profit growth; social responsibility; environmental protection and social security activities.

With outstanding efforts and achievements in 2022, Masan High-Tech Materials has received numerous prestigious accolades, including: Top 100 Vietnamese Strong Brands; Top 100 Sustainable Enterprises; Top 500 Largest Enterprises in Vietnam (VNR500); Top 500 Fastest Growing Enterprises in Vietnam (FAST500), Enterprises for Employees, etc.  This is a worthy recognition for the Company's perseverance that drives the Company to strive for greater heights in production and business results, affirming its strong position and brand in the domestic and global markets.