On December 31, 2020, VTD Vietnam Technical Development Co., Ltd. had a meeting to summarize the 2020 business situation at Mac Thai To. Mr. Tran Tien Dat, General Director, presented the business situation of the company.
In 2020, the consolidated business results of VTD and its subsidiaries (VST, W&B) reached 544 billion VND in revenue, exceeding the plan by over 200%, mainly thanks to projects in the power transmission equipment segment. Financial situation: stable and strong. Financial capacity ensures the production and business activities of the company.
VTD has ensured a steady cash flow into the company to recover debt and pay taxes. Hanoi Tax Department has a certificate of merit for VTD to be one of the businesses that comply the city's tax laws.
This success is due to the collective efforts of the VTD employees. To honor outstanding individuals, VTD has awarded the business staff who contribute the most to the company. In 2020, 4 employees were honored and awarded this award. People who fulfilled the target were Nguyen Ngoc Tung - Deputy General Director and Vu Quang Lam, Director of the Sales department of industrial electrical equipment.
Another success is that after 4 months of construction, VTD has successfully built a high-end showroom, VTD-VIMAR in Shophouse Belleville, Mac Thai To street, Cau Giay. Showroom is a great place for VTD to display and demonstrate the operation of smart home devices of Vimar brand, Italy.
In addition to the successes of 2020 in business, the Board of Directors, departments, and departments ... discussed directions, plans and tasks for the year 2021.
VTD's year-end party was held at the National Convention Center. The xompany employees and their families meet and interact in a cozy party. They are grateful for their contribution to the overall success of the company and have more motivation to enter the year 2021 with many opportunities and challenge.