FAST500 honors enterprises’ efforts to overcome difficulties

According to data from the Vietnam Chamber of Commerce and Industry (VCCI), in 2021, 87.2% of businesses said they would be affected “mostly” or “totally negatively” during the epidemic. Only 11% of businesses said they were “unaffected” and almost 2% recorded a positive impact.

Small businesses are most affected with 89.3% of businesses affected; followed by large, medium and micro enterprises with figures of 88%, 87.3% and 87.2% respectively. However, COVID-19 is like a “push” forcing businesses to change the way they operate, moving towards the trend of a digital working environment, and promoting the application of enterprise digital transformation.

FAST500 – Ranking for enterprises’ efforts to overcome difficulties

FAST500 Ranking – Top 500 fastest growing enterprises in Vietnam in 2022 announced by Vietnam Report – a pioneer in the field of reporting and ranking ratings of businesses, products and services in Vietnam based on research results. Research, market ratings and independent and objective assessments. This is the 12th year in a row that this ranking report has been published, recognizing and honoring the achievements of high-growth and effective Vietnamese enterprises in the 2017-2021 period.

The list is built on the principle of objectivity, accurately assessing the growth rate of a company based on the main indicator, the compound growth rate (CAGR) of revenue. In addition, businesses are also evaluated on many other criteria such as total assets, equity, profit before tax and corporate reputation in the media… as well as additional factors to determine regulations. size and position of the enterprise in the market segment in which it operates.

In which, despite the difficulties of the COVID pandemic, taking advantage of the product and market advantages, FSI has grown tremendously, since then, for the second time in a row, it has reached the top of the fastest growing companies with the position 75th, up 75 places compared to 150th in 2021. To achieve this success, in the past year, FSI has improved its business performance, brought huge profits and surpassed growth. step.

Mr. Cao Hoang Anh – Deputy General Director of FSI said: “Not only focusing on product development, solving the “pains” of customers during the development process as well as on the digital transformation journey, FSI also towards long-term and sustainable benefits of customers as well as the community, focusing on projects for society and sustainable development, thereby creating momentum for growth despite difficulties during the pandemic.”

The company has exploited its strengths in many areas that are indispensable trends of the times: providing digital transformation solutions for businesses, process optimization and smart storage; Besides, the company advocates applying many intelligent advanced technologies into its products and services. Since then, there have been continuously valuable orders, continuing to grow strongly despite the epidemic.

During the pandemic period, despite many difficulties in operating businesses and facing the slowing growth of the economy in general, with available specialized technology and innovative and suitable products and services. , this is again a golden time and a period of great development for FSI when the company’s digital products such as the WEONE Business Automation System proved to be effective and trendy at a time when employees were tend to work from home, shy away from social contact for fear of epidemics, and businesses have the need to apply technology to manage and operate their organizations.

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