TTC Group 45 years - “For the community, We Grow”

DNHN - On July 28, 2024, in Ho Chi Minh City, TTC solemnly held a ceremony to celebrate the 45th anniversary of the TTC Group establishment and development, July 28, 1979 - July 28, 2024. It is an important and proud milestone of the development path.

45 years of strong development with sustainable investment portfolio

During the last 45 years of development, TTC, with its pioneering position, has established its brand through outstanding achievements. It has gradually transformed from an alcohol and CO2 production facility into a multi-industry investment group operating in various fields: Agriculture, Energy, Real Estate, Industrial Real Estate, Hospitality, and Education. TTC operates in Vietnam, Laos, Cambodia, Singapore, and Australia, with six main sectors and more than 120 affiliated units. In addition, TTC Group always prioritizes and values community activities and social responsibility alongside economic development.

At the ceremony, Mr Dang Hong Anh - Vice Chairman of TTC Group, Chairman of the Vietnam Young Entrepreneurs Association, Vice Chairman of the Vietnam Youth Union shared his thoughts and emotionally sent his deep gratitude to the entrepreneur Dang Van Thanh and Huynh Bich Ngoc, who have created a solid foundation for the Group. In particular, the integrity and dedication of the two founders are always an example and flag for many generations of TTC to learn from and follow.

Mr Dang Hong Anh repeated the saying of TTC Chairman Mr Dang Van Thanh: “Entrepreneurs have a lifespan, but businesses do not”. For TTC to gain today's achievements, "TTC Group is fortunate to continue to receive the guidance and support from the government agencies, ministry leaders, and local governments at all levels; banks, investment funds, financial institutions; millions of shareholders, partners, investors, domestic and foreign customers; all managers and employees committed to TTC through stages over the past 45 years.”, Mr Dang Hong Anh affirmed.

Throughout its journey of nearly 5 decades, TTC Group has been steadfast in its investment portfolio of core industries of the country's economy, with the principle of "For the Community, We Grow". Especially in the past 45 years of “A Journey of Green Development”, TTC Group focuses on sustainable growth and aligning with global trends, especially prioritizing the core values of fostering a “green earth” as it expands its green portfolio.

Key segments

In the agriculture segment, Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC AgriS; Stock code: SBT) is a multinational agricultural enterprise, leading the Vietnamese sugar industry, present in over 50 international export markets. TTC AgriS owns more than 71,000 hectares of raw material areas in Vietnam, Laos, Cambodia and Australia. With an optimized crop value chain and expanded investment (including sugarcane, coconut, banana, rice...), TTC AgriS diversifies its product portfolio, expands its customer segments, and conquers new consumer markets."

In the energy segment, Gia Lai Electricity Joint Stock Company (GEC; Stock Code: GEG) optimally develops various types of renewable energy as a private organization. GEC is currently operating and developing 24 plants with a total capacity of 768 MWp, including 13 hydropower plants, 6 solar power plants, 35 rooftop systems, and 5 wind power plants. From 2019 to Q1/2024, GEC supplied 4.8 billion kWh to the national grid for about 1.8 million households, contributing to a reduction of 2.4 million tons of CO2 emissions. In 2024, GEC became the first company in Vietnam to own a Green Finance Framework certified by CBI. This demonstrates its commitment to sustainable development in issuing green bonds to fund renewable energy projects.

As a key player in the real estate segment, Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land; Stock Code: SCR) has developed nearly 30 projects over more than 20 years, totaling 15,000 products under notable brands such as Charmington, Jamona, Carillon, and TTC Plaza. According to its strategic vision, if conditions remain favorable, TTC Land plans to expand into industrial real estate and logistics real estate by 2030. This will create synergies for TTC Land to continue its stable development following its strategic cycle.

In the industrial real estate segment, Thanh Thanh Cong Industrial Real Estate Corporation focuses on developing in a synchronized manner according to the green and smart industrial park model, aiming to maintain its position as a model industrial park in the key economic region of the South. Over the next two years, the company plans to expand its existing industrial parks and invest in new industrial parks in Long An and Tay Ninh province.

For the hospitality segment, Thanh Thanh Cong Hospitality Joint Stock Company (TTC Hospitality; Stock Code: VNG) currently owns and operates 20 destinations in key tourist provinces and cities across the country as well as in Cambodia. TTC Hospitality ensures that all new projects comply with IFC standards, prioritize the use of green materials, and implement solutions to reduce electricity and water consumption, as well as minimize environmental impact. Notably, TTC Hospitality develops regional-specific products at its destinations and continues to upgrade infrastructure, invest in key areas, standardize infrastructure and services, and gradually shift towards the 4-5 star accommodation segment.

TTC education segment lays a solid foundation for the future of the younger generation through application-oriented, multidisciplinary, and highly integrated training methods. Additionally, in the near future, there will be a strategy to expand the school system across provinces and cities nationwide through M&A.

Also according to the Group 's leader, the year 2024 is also an important pivotal year before entering the "acceleration" cycle to complete the 5-year strategic development goals of 2021 - 2025, before realizing them vision for 2030. Therefore, building on a continuously strengthened foundation, TTC is committed to enhancing service quality and management capabilities, control, and business operations over the coming decades to firmly step into a new era and establish its brand internationally.

L.N