CADIVI listed in the TOP 500 largest enterprises in Vietnam in 2023

On January 18, 2024 in Ho Chi Minh City, Vietnam Electric Cable Corporation (CADIVI) was announced in the “Top 500 largest enterprises in Vietnam in 2023” (VNR500).

The ranking of Top 500 Largest Enterprises in Vietnam (VNR500) has been published annually by Vietnam Report and VietnamNet Newspaper since 2007, based on independent research and evaluation results according to international standards to recognize and honor businesses that have made great contributions to the development of the Vietnamese economy, as well as contributing to promoting the corporate brand to the domestic and international business community.

Mr. Ho Quang Nhan (Deputy General Director of Manufacturing of CADIVI Company) that representative of CADIVI Company, received the title at the ceremony to announce the TOP 500 largest enterprises in Vietnam in 2023.

In 2023, CADIVI will still maintain stability in business and market share despite facing the general difficult context of the economy, Besides, CADIVI Company constantly invests in products and technology. CADIVI products meet international standards such as IEC/DIN/VDE of Europe, UL, ASTM of America, JIS of Japan, AS/NZS of Australia…

Thanks to that, CADIVI has the potential to expand the product range from civil wires, medium and low voltage electrical cabinet… to specialized and environmentally friendly cables such as super-heat cables, solar cables, airport runway lighting cables, fire-resistant cable with low smoke, does not emit toxic gases; electric vehicle charging station cable….

CADIVI’s market constantly strives to explore new and expand all 3 regions. From the main market, the Southern market (accounting for 65% of CADIVI’s total revenue in 2022), it has encroached on the Northern market. The company also develops distribution channels with more than 200 level 1 agents and about 2,000 level 2 agents entire all over the country. Notably, the CADIVI brand has been registered in many countries such as the United States, Australia, China… Since then, products have been promoted to export to the US, Canada, Australia, China, Korea, Japan, Cambodia…

The CADIVI products were honored as Vietnam National Brand for 8 consecutive times; Title of “High quality Vietnamese goods” for 27 consecutive years; TOP 25 leading brands of personal and industrial consumer goods companies in 2023 voted by Forbes Vietnam… along with many other prestigious awards.

The collection of awards and honors is recognition, promotion and contributes to affirming CADIVI’s reputation and strength in the market. This is also worthy recognition for the enthusiasm and hard work of the enterprise’s leadership team and more than 1,000 employees.

In 2024, the economic recovery prospects are promising that creating growth momentum for CADIVI. With the desire to realize the vision of becoming one of the largest and most reputable electric cable manufacturers in Southeast Asia, CADIVI always takes innovation as a driving force for sustainable development and realizes the aspiration of bringing the CADIVI brand to cover all regions of the country and reach international stature.