NEWS - events

In 2021, TBS Group faced another year of significant difficulties and challenges, which provided valuable lessons. By leveraging its foundational strengths, the group still achieved many proud accomplishments: maintaining production, protecting employee health, and fulfilling its community responsibilities.

Proactive Pandemic Prevention in All Phases

In 2021, COVID-19 saw the emergence of new, more dangerous variants with a rapid spread. The outbreak of the Delta variant forced many Asian countries, including Vietnam, to implement the most stringent preventive measures.

As soon as the outbreak began to escalate in late April 2021, TBS Group established a Steering Committee for Disease Prevention. It immediately implemented preventive protocols, quickly quarantined affected areas, conducted widespread testing, and organized large-scale drills. Disease prevention efforts were heavily promoted across the group through various communication channels, with the goal of raising awareness and a sense of responsibility among all employees.

During the social distancing period, TBS factories in the southern region had to switch to a “three on-site” production model. The leadership and all employees persevered in pursuit of a dual objective: maintaining production while fighting the pandemic. Despite immense pressure and a heavy workload, these efforts enabled TBS to continue business operations and ensure employment for its workers. This became a solid foundation for a swift recovery and a return to production under the new normal.

Guided by the principle “Safe production is the only production,” TBS Group was one of the pioneering businesses in Binh Duong province to accelerate vaccinations. It coordinated with provincial health departments to organize vaccinations for its employees as early as possible.

Additionally, TBS Group made significant community contributions throughout the year. Despite the company’s own challenges, TBS Group actively supported frontline pandemic efforts through various practical initiatives, such as:

• Donating a Realtime-PCR testing system valued at over 4.2 billion VND and ventilators to Binh Duong province’s healthcare system.
• Providing thousands of rapid test kits to the Binh Duong Department of Health and Di An City Medical Center, along with essential medical supplies for the Thuan An City Medical Center, with a total value of 20 billion VND.
• TBS Group representatives also visited and donated 4 billion VND to the People’s Committee of Tra Vinh province to support local pandemic prevention efforts.
• Assistance for employees affected by the pandemic was also actively provided.

TBS Group Actively Engages in Pandemic Prevention Activities

TBS Group’s Proud Achievements in 2021

The impact of COVID-19 on the economy and TBS Group’s operations was unavoidable. However, looking back objectively, TBS Group still achieved many milestones, once again affirming its position and potential in the industrial production sector.

In 2021, TBS Group started the year with very positive highlights:

• Merging the My Phong factory into the industrial production chain, thereby increasing the capacity of the entire system.
• Restructuring the management and operational apparatus to suit the new reality and establishing a 2030 vision.
• Revamping the brand identity of TBS Retail and Montgomerie Links Golf Club, affirming the Group’s new strategic positioning.

Closing Ceremony of the Restructuring Process – Vision 2030

A summary of business results across all sectors showed optimism about TBS Group’s ability to recover and grow strongly in the upcoming year of 2022.

By overcoming all challenges through relentless effort, the footwear sector achieved an impressive recovery. Total output and revenue for the sector reached 93% of the set plan, marking a difficult year but one with many achievements:

• Several chains adopted 3D design software, allowing for quick adjustments and easier visualization of design ideas.
• The TBS footwear sector marked 2021 with a new R&D center, a 5,000 m2 facility that serves as a crucial milestone affirming the long-term partnership and development between TBS and its clients.
• Solar power systems were completed in several factory areas, such as Thoai Son and Kien Giang, contributing to a reduction in CO2 emissions and earning high praise from clients.

The handbag chain recorded a production and business performance of 94% compared to 2020 and completed its Phase 1 restructuring. The new Thoai Son Handbag Factory was built on a Lean production model, using a “Cut to Box” approach in both production and organization, with the goal of becoming a Smart Factory.

In the Real Estate sector, TBS Land was listed in the TOP 100 Strong Vietnamese Brands of 2021. It completed the design and construction of industrial factories, office spaces, and residential projects on schedule. In late 2021, TBS Land and Nam Long Group signed a strategic cooperation agreement, confirming a sustainable partnership.

TBS Land and Nam Long Group Sign Strategic Partnership Agreement

In the Tourism and Hospitality sector, Montgomerie Links Golf Club Vietnam organized numerous events, including three prestigious golf tournaments: the Open Masters, Friendship, and New Start. The “Safe Golf Zone” model continued to be maintained and improved, providing safe accommodations for tourists.

Mai House Saigon remained a favorite destination and an ideal choice for hosting events of various types and scales. In 2021, the five-star hotel was awarded the “Loved by Guest Award 2021” by Hotels.com and the “Vietnam’s Leading Luxury Hotel 2021” by Wanderlust Tips magazine. The hotel actively engaged in charitable activities and contributed to pandemic relief by supporting other hotels and providing medicine and ventilators to Hospital No. 16.

In addition to maintaining its number of stores, TBS Retail boosted its e-commerce presence on Vietnam’s three major platforms: Shopee, Lazada, and Tiki, driving sales. As a result, revenue reached 90% of the previous year’s figure.

Affirming its importance and position, TBS Logistics continued its growth momentum, achieving 118% of its 2020 revenue. The workforce received continuous, in-depth training to enhance professional skills and service quality through various competitions, such as “Teamleader 2021” and the “Documentation Staff Competition.” It also encouraged employee innovation with the “Innovation Award” fund.

TBS Group in 2021, a Year in Review

The difficulties and challenges of the past year once again helped TBS affirm its capability and solid position. The group continuously improved by systemizing its operations, ensuring continuity across all levels and generations. This has created a strong foundation, allowing the leadership and all employees to harness their internal strength and integrate even more deeply into the global supply chain.