Among the 124 enterprises whose products achieved the National Brand in 2020 just announced by the Ministry of Industry and Trade, PVN has 5 units recognized in this round, including: Vietnam Gas Corporation - Joint Stock Company (PV GAS), PetroVietnam Fertilizer and Chemicals Corporation - Joint Stock Company (PVFCCo), Petroleum Asset Management and Exploitation Joint Stock Company (PSA- PETROSETCO), Petroleum Technical Services Joint Stock Company Vietnam Gas (PTSC) and PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC).
The National Brand Program (THQG) is a specific, long-term and unique trade promotion program of the Government to build and develop national brands through product brands. Participating in the program is a process for businesses to comprehensively evaluate activities, production and business results and branding strategies through the program's criteria system; thereby encouraging businesses to share and pursue the core values of the program, which are "Quality - Innovation, Creativity - Pioneering Capacity".
After nearly 17 years of formation and development, the Vietnam National Brand Program has achieved positive results, attracting special attention and creating prestige with businesses, regulatory agencies as well as domestic and foreign consumers; honoring typical product brands and businesses representing the Vietnamese National Brand, contributing to affirming that Vietnam is a country with quality goods and services and highly competitive in the international market.
Despite the difficult circumstances caused by the Covid-19 outbreak, the 7th National THG selection period in 2020 still attracted the interest and participation of more than 1,000 businesses across the country. Applications for selection are evaluated and appraised according to the criteria prescribed by the Ministry of Industry and Trade. At the same time, the implementation of social responsibility of businesses participating in the Program is also confirmed through competent agencies such as the General Department of Taxation (Ministry of Finance), General Department of Customs (Ministry of Finance), General Department of Environment (Ministry of Natural Resources and Environment), Departments of Natural Resources and Environment, Departments of Labor, War Invalids and Social Affairs, Vietnam Social Insurance, Credit Information Center (State Bank).
In October, the Ministry of Industry and Trade recognized 124 businesses with a total of 283 products achieved Vietnam National Brand in 2020. Thus, compared to 2018, this year the whole country had 27 more businesses with products achieving Vietnam National Brand. This is a testament to the attractiveness and influence of the Program on businesses in promoting the import and export of goods and services as well as developing the domestic market.