CADIVI received a certificate of merit from the People’s Committee of Ho Chi Minh City
On January 6th, 2023 in Ho Chi Minh City, within the framework of the 2022 Summary Conference, implementing the 2023 orientation of the HCMC Union of Business Association (HUBA); The People’s Committee of Ho Chi Minh City awarded the Certificate of Merit to 55 collectives and 25 individuals with outstanding achievements in organizing the emulation movement named “enterprises and entrepreneurs accompanying with the city for innovation and development” in the period of 2017-2022, including Vietnam Electric Cable Corporation (CADIVI).
As a member of GELEX Electricity, CADIVI has made a powerful contribution to the overall outcomes. In 2022, CADIVI recorded a new milestone: the revenue reached VND 11,334 billion, profit before tax reached VND 482 billion. The company continued to be recognized as the “No. 1 market share in Vietnam” in the segment of electrical cables – a brand has been trusted with a nationwide distribution agent system (according to the market survey results of the Association of High Quality Vietnamese Goods).